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Tag: General Electric


Thousands Sue Nuclear Giants Over Japan’s Fukushima Disaster

A class-action lawsuit against nuclear suppliers General Electric, Toshiba and Hitachi has ballooned to more than 4,000 claimants who are seeking damages over the Fukushima atomic disaster.

Posted on Mar 12, 2014 READ MORE


Taxes and Gravity

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Posted on May 30, 2013 READ MORE



flickr/elycefeliz

How Big Corporations Are Unpatriotic

Many giant profitable U.S. corporations are increasingly abandoning America while draining it at the same time.

Posted on Mar 28, 2013 READ MORE



PMell2293 (CC-BY)

American Corporations Dodge Billions in Taxes

You work hard. You pay taxes. But 26 corporations don’t—or at least they didn’t between 2008 and 2011. General Electric, Boeing and Verizon were among the major companies that together enjoyed more than $78 billion in tax subsidies over the last four years, according to a report by Citizens for Tax Justice.

Posted on Apr 15, 2012 READ MORE



glennshootspeople (CC-BY)

Whose Corporations? Our Corporations!

Historically, corporations were understood to be responsible to a complex web of constituencies, including employees, communities, society at large, suppliers, and shareholders. But in the era of deregulation, the interests of shareholders began to trump all the others. How can we get corporations to recognize their responsibilities beyond this narrow focus?

Posted on Apr 7, 2012 READ MORE



Flickr / ebayink

For Some Big Firms, CEO Pay Tops Tax Bill

Compensation for 25 of the highest-paid U.S. CEOs exceeded the amount their corporations paid in taxes in 2010, according to a study published by a Washington think tank Wednesday. (more)

Posted on Aug 31, 2011 READ MORE



AP / J. Scott Applewhite

The New Corporate World Order

Of course it will be argued that multinational corporations have the right to arrange their businesses as they see fit in order to maximize profit. But if that is the case, do beleaguered American taxpayers have to foot the bill?

Posted on Apr 20, 2011 READ MORE



AP / J. Scott Applewhite

Obama’s Fatal Addiction

Maximizing corporate profits at taxpayers’ expense is what top CEOs are good at, and after all it was Jeffrey Immelt who presided over GE when it got so heavily into the subprime mortgage business that it needed a government bailout to avoid bankruptcy. This was before Obama made him a trusted adviser.

Posted on Mar 30, 2011 READ MORE



White House / Pete Souza

Obama Makes Nice with Business Bigwigs

Bill Clinton and now big business—all in a week’s work for President Obama in his ambitious push to improve relations with parties with whom he’d at least appeared to be at odds since he took office.

Posted on Dec 16, 2010 READ MORE



AP / Carolyn Kaster

There’s Just No Pleasing Some Robber Barons

The flight from reason that now marks American public discourse came home for me last Friday when I found myself on public radio debating whether Barack Obama is anti-business.

Posted on Jul 13, 2010 READ MORE



flickr.com / TechFever

Comcast Acquires NBC

In a deal that will dramatically affect both the story lines on NBC’s “30 Rock” as well as the future of media conglomeration, Comcast, the country’s biggest cable provider, has acquired NBC Universal from General Electric for an estimated $30 billion.

Posted on Dec 3, 2009 READ MORE


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