By Ralph NaderMar 28, 2013
Many giant profitable U.S. corporations are increasingly abandoning America while draining it at the same time. Dig deeper ( 4 Min. Read )
Staff / TruthdigApr 15, 2012
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. Dig deeper ( 2 Min. Read )
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By Ken Jacobsen, AlterNetApr 7, 2012
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?How can we get corporations to recognize their responsibilities to society, rather than just shareholders? Dig deeper ( 8 Min. Read )
Staff / TruthdigAug 31, 2011
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) Dig deeper ( 1 Min. Read )
Robert Scheer / TruthdigApr 20, 2011
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?Big government is big precisely because it is so active in so many costly ways in serving the interests of our biggest corporations. Dig deeper ( 3 Min. Read )
Robert Scheer / TruthdigMar 30, 2011
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.Overdrive, with CEOs like GE's Jeffrey Immelt shifting the gears, is what brought us so close to the brink. Dig deeper ( 4 Min. Read )
Staff / TruthdigDec 16, 2010
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. Dig deeper ( 1 Min. Read )
Robert Scheer / TruthdigJul 14, 2010
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. Dig deeper ( 3 Min. Read )
Staff / TruthdigDec 3, 2009
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. Dig deeper ( 1 Min. Read )
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