About twice as many of the largest U.S. companies reported they didn’t owe taxes in 2018 compared with previous years, a partial result of the 2017 Trump tax law, according to a report.
GM recently declared that it will close three major assembly and two smaller transmission facilities in North America. This despite GM’s recent robust profit reports - while labor costs make up less than 10 percent of the average vehicle.
Nice "trickle-down economics" you've got there.
The videos of security cops dragging a bloodied physician down the aisle of a United Airlines plane clearly shocked millions of people. United Airlines found itself at the center of public condemnation this week, after a horrifying video of a doctor being forcibly removed from a coach class seat on one of its planes went viral.
Corporations are stashing billions of dollars offshore to avoid paying taxes.
Pfizer just raised drug prices for a second time this year—and it's not alone.
Corporate media coverage of the Verizon strike illustrates the fundamental asymmetry of power that still exists between multi-billion-dollar corporations and comparatively small unions. Due to the support of major Democrats like Bernie Sanders and (to a lesser extent) Hillary Clinton, the voices of strikers like those at Verizon are not entirely lost, but the deck is still heavily stacked in management's favor.
Closing the Jara case; Dropping ALEC like it's hot; Google, GE feed the deniers; Climate crisis feeds fatcats; How white is Green?; Bechdel and Chast: no respect for funnybooks
The recent surge in interest in inversion transactions is explained primarily by U.S. based multinational firms’ increasingly desperate efforts to find a use for their stockpiles of offshore cash (now totaling around $1 trillion).
Reader Comments - Philippine Recovery and Climate Change; Human Origins; "Strange Fruit;" North Carolina; Delbert Tibbs; Adjunct Unions; Corporate Profits-great infographic; South Africa - COSATU-ANC-SACP Alliance; Education; Healthcare; ALEC; Occupy; Steve Kindred; Race and Cuba;
Announcements - The Invention of the White Race; Celebrating the Life of Father Paul Mayer; Pete Seeger's new book
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