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Tag: Business


Immigration Is Fueling Innovation in Silicon Valley

Former “Dreamer” Sarahi Espinoza Salamanca, now a startup CEO, is among a growing number of Latino entrepreneurs redefining the American tech industry.

Posted on Jun 9, 2016 READ MORE


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Uber and Deregulated Hypercapitalism Increasingly Leave Americans Unprotected

Another example, courtesy of the gig economy.

Posted on Jun 7, 2016 READ MORE



American CEOs Make 335 Times More Than Their Workers

And Verizon’s CEO makes even more than that.

Posted on May 19, 2016 READ MORE



Budweiser Is Renamed ‘America’ for the Election Season

Belgian-owned beer company Anheuser-Busch’s announcement has met with mixed reactions.

Posted on May 11, 2016 READ MORE



NFL’s Handling of CTE Controversy Shows Compassionate Conservatism of Roger Goodell in Action

In determining the effect of concussions on the lives of football players, nobody lawyers up while making sincere protestations of loving the other side like the NFL commissioner.

Posted on Apr 22, 2016 READ MORE



Trump and Cruz Tax Plans Would Be the Largest Redistributions to the Rich in U.S. History

Tax cuts for the rich proposed by the two leading Republican candidates for the presidency are larger, as a proportion of the government budget and the total economy, than any tax cuts ever proposed.

Posted on Mar 23, 2016 READ MORE



With 269 Stores Closing, Is This the Beginning of the End for Wal-Mart?

More than anything, Wal-Mart’s closures are best explained as a side effect of its main strategy for dominating the economy: overbuilding regions to the point of not just destroying competition but cannibalizing its own sales.

Posted on Feb 27, 2016 READ MORE



ExxonMobil—More Than 50 Proud Years of Melting Glaciers

Back in 1962, the fossil fuels giant was bragging about its ability to heat up the Arctic.

Posted on Feb 19, 2016 READ MORE



Minimum Wage, Minimum Chance: On Being Nickel-and-Dimed in 2016

When presidential candidate Bernie Sanders talks about income inequality, and when other candidates speak about the minimum wage and food stamps, what are they really talking about?

Posted on Feb 16, 2016 READ MORE



TPP Is ‘Fundamentally Flawed’ and Should Be Resisted, Says U.N. Human Rights Expert

Alfred de Zayas, the United Nation’s independent expert on the promotion of democratic and equitable international order, said the Trans-Pacific Partnership “is fundamentally flawed and should not be signed or ratified unless provision is made to guarantee the regulatory space of [s]tates.”

Posted on Feb 3, 2016 READ MORE



The Porter Ranch Gas Leak: Blame Gov. Jerry Brown

If you think Donald Trump is a national disgrace, you haven’t been paying much attention to what’s been happening in California.

Posted on Jan 23, 2016 READ MORE



Winning the Fight for $15 in 2016

This is the year to make all wages living wages.

Posted on Jan 14, 2016 READ MORE



The 10 Best 2015 Investigative Reports on Political Money

Some of the year’s most notable in-depth stories on campaign finance, from newsrooms around the country.

Posted on Dec 29, 2015 READ MORE



What the Red Cup Controversy Really Says About Christmas in America

With so much confusion and tradition not based on fact, can we lighten up on Starbucks?

Posted on Dec 9, 2015 READ MORE



A Big Fat Radioactive Lie

Billionaires are hyping nuclear power as a magic cure for climate change. But there are many reasons why governments should resist their call to pump more tax dollars into nuclear energy.

Posted on Dec 5, 2015 READ MORE



Will Corporate America Confront GOP Climate Denial?

Republican congressional leaders in both houses know they can continue to lie and deny on climate, so long as the nation’s business leaders fail to demand change. Although they will always collect millions from ExxonMobil, the Koch brothers and assorted fossil fuel profiteers, they might begin to worry if other economic interests that have traditionally supported them suddenly turned off the money and turned on the pressure.

Posted on Dec 4, 2015 READ MORE


VIDEO: Who Is Buying Islamic State’s Oil?

Oil is Islamic State’s lifeline—a business that provides the terrorist group with more revenue than any other source, helping to fund its war in Syria and Iraq, as well as providing electricity to the 10 million people living under the group’s control. So who are the individuals and groups involved in refining and selling this oil? And where does it end up?

Posted on Dec 4, 2015 WATCH & LISTEN



This Thanksgiving, Stop Shopping and Start Living

Outdoor gear retailer REI is doing its part to preserve the spirit of Thanksgiving by closing its doors and urging its workers and customers to get out — literally.

Posted on Nov 25, 2015 READ MORE



Trans-Pacific Partnership Could Limit Affordable Drugs, World Health Organization Chief Says

“If these agreements open trade yet close the door to affordable medicines, we have to ask the question: Is this really progress at all?” said Margaret Chan, head of the World Health Organization, at a health care conference in Geneva on Thursday.

Posted on Nov 13, 2015 READ MORE


VIDEO: How Islamic State Made Its Billions

This fascinating and informative video from Channel 4 News in the United Kingdom explains how Islamic State is using cash from oil, extortion, taxation and robbery to pay for jihad.

Posted on Nov 9, 2015 WATCH & LISTEN



Obama Rejects Keystone XL: This Is Big ... and Just the Beginning

Just a few years ago, insiders and experts wrote us off and assured the world Keystone XL would be built by the end of 2011. Together, ranchers, tribal nations and everyday people beat this project back, reminding the world that Big Oil isn’t invincible—and that organized people can win over organized money.

Posted on Nov 6, 2015 READ MORE


VIDEO: Obama Administration Rejects Keystone XL Pipeline

UPDATED: After seven years of deliberation, the Obama administration rejected the Keystone XL pipeline on Friday. The proposed 1,179-mile pipeline would have carried 800,000 barrels a day of carbon-heavy petroleum from the Canadian oil sands to the Gulf Coast.

Posted on Nov 6, 2015 WATCH & LISTEN



Are the Fracking Vampires Going Bust?

Oil is crashing, and gas prices at the pump keep sliding lower and lower. As of October, a barrel of Brent crude (the global standard) is selling for less than $50—nearly half of what a barrel cost last year at this time. What does all of this mean? You wouldn’t think that a significant drop in oil prices could actually be a good thing for the environment and a bad thing for Big Oil and dirty frackers, yet it may well be.

Posted on Oct 28, 2015 READ MORE



Whistleblowers in Canada Could Receive Awards Exceeding $1 Million for Exposing Corporate Wrongdoing

A formal policy is being unveiled by the Ontario Securities Commission to encourage those in the know to help ferret out white-collar crime.

Posted on Oct 28, 2015 READ MORE



Gender Pay Gap Widens: Men’s Earnings Growing Twice as Fast as Women’s

The glass ceiling is still very much intact, as new Labor Department data reveals.

Posted on Oct 26, 2015 READ MORE



Higher Education: Capitalism at Its Most Despicable

Ranking capitalist ignominy is a daunting task with Big Pharma and high finance in the running, but higher education’s betrayal of a long-standing trust with young Americans puts it near the top of the list.

Posted on Oct 26, 2015 READ MORE



The Downsides of Cheap Abundance

What to do with this expanding phenomenon of “abundance” in a world racked by public and private poverty and its damaging fallouts? We must impose wisely used charges or taxes on the abundant commons.

Posted on Oct 23, 2015 READ MORE



Could Using Solar Energy Save Companies Billions of Dollars?

Going solar could represent a no-brainer for some companies looking to cut costs; activists are using dildos to protest a new Texas law that would allow guns on college campuses; meanwhile, a writer explores what our ideas about gender have to do with mass shootings. These discoveries and more after the jump.

Posted on Oct 13, 2015 READ MORE


VIDEO: Hillary Clinton Switches Sides on Trans-Pacific Partnership (TPP) Debate

Hillary Clinton was one of the pioneers of the Trans-Pacific Partnership (TPP) and the pivot to Asia during her time as secretary of state, but she has just come out against the pending trade agreement.

Posted on Oct 9, 2015 WATCH & LISTEN



Large U.S. Firms Hold $2.1 Trillion Overseas to Dodge Taxes

The 500 largest U.S. companies would owe an estimated $620 billion in U.S. taxes were it not for the more than $2.1 trillion in offshore cash that most of the firms hold in foreign tax havens, according to a study released this week.

Posted on Oct 7, 2015 READ MORE


VIDEO: U.S. Reaches Trans-Pacific Partnership Deal With 11 Other Countries

Almost a decade in the making, the controversial Trans-Pacific Partnership deal—the largest regional trade accord in history—was agreed to Monday by the United States and 11 other Pacific Rim nations.

Posted on Oct 5, 2015 WATCH & LISTEN



In the Public Interest: Monsanto and Its Promoters vs. Freedom of Information

As the Freedom of Information Act approaches its 50th year, it faces a disturbing backlash from scientists tied to the agrichemical company Monsanto and its allies.

Posted on Oct 3, 2015 READ MORE



Gender Equality Would Add 26%, or $28 Trillion, to Global GDP, Report Says

A new report reveals that even though they make up half the population, women generate just 37 percent of world GDP. The potential gain from economic gender equality would roughly equal the U.S. and Chinese economies combined.

Posted on Sep 26, 2015 READ MORE



Volkswagen’s Deception May Have Caused Almost a Million Tons of Extra Pollution Every Year

Volkswagen’s rigging of emissions tests for 11 million cars may be responsible for up to nearly a million tons of air pollution a year worldwide, according to a Guardian analysis.

Posted on Sep 23, 2015 READ MORE



CEO Who Raised HIV Drug Price by 5,000% Also Hiked Cost of Pill for Children With Incurable Disease

Pharmaceuticals CEO Martin Shkreli is being called the most hated man in America for raising the price of the HIV drug Daraprim from $13.50 to $750 per pill. Now his earlier pricing decisions are being examined. It is being reported that one such decision led to a 2,000 percent price increase for a medication taken by children suffering from a rare kidney disease.

Posted on Sep 23, 2015 READ MORE


Pinocchio









Posted on Sep 23, 2015 ENLARGE


Volkswagen









Posted on Sep 23, 2015 ENLARGE



Brazil’s Supreme Court Bans Corporate Contributions to Political Campaigns and Parties

The 8-3 ruling will block what has amounted to over 90 percent of campaign funding for leading candidates and eventual winners of Brazil’s recent presidential elections.

Posted on Sep 18, 2015 READ MORE



Exxon’s Own Research Confirmed the Role of Fossil Fuels in Global Warming Decades Ago

A groundbreaking investigation reveals how the company’s top executives were warned of possible catastrophe from global warming in the 1970s, then led efforts to block solutions.

Posted on Sep 16, 2015 READ MORE


United Airlines









Posted on Sep 14, 2015 ENLARGE



Prosecution of White-Collar Crime Hits 20-Year Low

In 2012, President Obama pledged to “hold Wall Street accountable” for financial misdeeds related to the financial crisis. But as financial industry donations flooded into Obama’s re-election campaign, his Justice Department officials promoted policies that critics say embodied a “too big to jail” doctrine for financial crime.

Posted on Sep 11, 2015 READ MORE



Our Problems Have Everything to Do With What Occurs in Boardrooms, Not Bedrooms

At a time many Republican presidential candidates and state legislators are furiously focusing on private morality—what people do in their bedrooms, contraception, abortion, gay marriage—America is experiencing a far more significant crisis in public morality.

Posted on Sep 8, 2015 READ MORE



Canada Clears Way for Ecuadorean Case Against Chevron Over ‘Amazon Chernobyl’

Canada’s Supreme Court has ruled that Ecuadorean villagers can go after Canadian assets of the U.S.-based oil company Chevron in one of the most bitterly contested environmental cases in history.

Posted on Sep 6, 2015 READ MORE



Upsurge in Uncertainty About Work Income

As Labor Day looms, more Americans than ever don’t know how much they’ll be earning next week or even tomorrow.

Posted on Aug 27, 2015 READ MORE


Amazon









Posted on Aug 24, 2015 ENLARGE



Here’s Why the New ‘Family Friendly Work’ Fad Is a Fraud

I’m delighted Netflix and other high-powered firms are offering family-friendly work. But I take most of the news with a grain of silicon, and so should you.

Posted on Aug 17, 2015 READ MORE



‘The Gulf’: Shedding Light on Dark Doings in the United Arab Emirates

A coalition of artists and writers has been instrumental in raising awareness of the mind-boggling exploitation of laborers who support some of the richest people on the planet.

Posted on Aug 14, 2015 READ MORE


VIDEO: What’s the Fed? You Should Care.

By Robert Reich

What the Fed’s about to do will affect your job and your income. Here’s what you can do to make sure the Fed makes the right decision.

Posted on Aug 11, 2015 WATCH & LISTEN



Google Will Become ‘Alphabet’ in Biggest Change in the Company’s History

“Google is not a conventional company. We do not intend to become one,” said co-founder Larry Page in Monday’s surprise announcement.

Posted on Aug 10, 2015 READ MORE



The Outrageous Ascent of CEO Pay

The Securities and Exchange Commission just ruled that large publicly held corporations must disclose the ratios of their top executives’ pay to the average pay of their workers.

Posted on Aug 10, 2015 READ MORE


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