Allstate finds itself weathering a storm of bad publicity owing to a recent commercial that showed its “agents of good” rushing in to provide assistance in the wake of the devastation caused by Hurricane Sandy. The spot showed the partially ruined Staten Island home of Sheila and Dominic Traina. But [...]
Walmart Retaliates Against Black Friday Activists With its own workers standing up against poverty wages and exploitation, Walmart is siccing the cops on past and present employees, allegedly on false pretenses. Photo Credit: Oree Originol/ArtistsVsWalmart.tumblr.com As Black Friday approached, the honchos at Walmart, the largest employer in the United States, [...]
Calls to boycott Applebee’s after CEO threatens hiring freeze and layoffs over Obamacare By JOHN CLARKE of TheDailyMail Move over Chick-fil-A, fast food is getting political again. Papa John’s came under fire this week when CEO John Schnatter floated a plan to cut worker hours to reduce spiking employee health care [...]
The Huffington Post reports: In the wake of President Obama’s reelection, one CEO is doubling down on his criticisms of Obamacare. Papa John’s CEO John Schnatter said he plans on passing the costs of health care reform to his business onto his workers. Schnatter said he will likely reduce workers’ [...]
Thank you Mr. Romney, job creator for helping us out. We turn now to Freeport, Illinois, where more people have been arrested protesting plans by Mitt Romney’s former company, Bain Capital, to shut the Sensata Technologies plant and move operations to China — a loss of 170 American jobs. [...]
Members of the Florida-based Coalition of Immokalee Workers are urging the fast-food giant Chipotle to sign on to a fair food program already agreed to by McDonalds and Burger King. The Denver-based Chipotle has refused to sign a contract that would ensure a living wage and humane conditions for workers [...]
From wikipedia: Corporate Regulations In the Eighth Annual Message to Congress (1908), Roosevelt mentioned the need for federal government to regulate interstate corporations using the Interstate Commerce Clause, also mentioning how these corporations fought federal control by appealing to states’ rights: — ”Of course there are many sincere men who now [...]
The feds say it’s too expensive and difficult to nail down individuals for corporate wrongdoing. But the problem is, there’s little deterrent value to these settlements when corporations simply write them off as the cost of doing business. In order to actually stop these practices, a fear-inspiring example is in [...]
I don’t know how much difference this will make, regardless of whether they force Verizon Wireless and Comcast to meet the feds’ demands. Anyone who has ever tried to cut their broadband and cable TV costs has already made the unhappy discovery that it is virtually impossible to realize significant [...]
Walmart is at it again… A union flash mob at Landover, MD last year. Remember, Walmart pays so little because We The People subsidize them. They don’t offer affordable benefits, so their workers qualify for Medicaid. They pay so little that full-time workers are eligible for food stamps and even [...]
Categories: Corporate Tags: Walmart Makes Steps To Eliminate Unions Firing Employees
Here it is, this time Verizon is culpable. From Crooks and Liars: Verizon stopped selling standalone DSL back in April, so they could force you to buy a landline. That change is part of a strategic plan that will ultimately screw consumers – and the FCC seems just fine with [...]
SAN FRANCISCO — In a rare admission of mistake, Apple reversed course Friday to reinstate 39 computers, laptops and monitors to a key environmental registry following the uproar from green groups and governments and other institutions that buy electronics. The reversal marked the end of a puzzling chapter for Apple, which decided [...]
Just in: Bart Lorang may be the best boss ever. The CEO of Denver-based internet start-up FullContact API said in a market that is competitive for top talent, he wants to keep his employees happy and refreshed. The flip-flop wearing founder offers his employees $7,500 for what he calls “paid, [...]
Categories: Corporate Tags: Boss Give Paid Paid Vacations To Employees Every Year, But There Is A Catch
David Cobb speaks in Houston, Texas on October 4th, 2011 concerning the issue of corporate person-hood.
First Read on naked capitalism A reader pointed out a news item we missed, namely, that the new government in France is trying to implement a maximum wage for the employees of state-owned companies. From the Financial Times: France’s new socialist government has launched a crackdown on excessive corporate pay by [...]
Categories: Corporate Tags: France Pushing for a Maximum Wage - Execs Inclusive
General Motors is becoming China Motors. Forget the spin. The evidence is clear and convincing. Did U.S. taxpayers save GM for China? Listen to the candid comments of GM’s CEO.
In the back of a swanky San Diego hotel, corporate lobbyists are gathering next week to negotiate an ultra-secret trade deal that will empower corporations to sue our governments if they dare pass any laws that might infringe on profits. If that’s not hitting close enough to home, then check [...]
Categories: Corporate Tags: Secret Trade Deal In Works Allows Lawsuits If Profits Are Infringed
BAIN DRAIN, DAY 2 – N.Y. Times, A1 lower right-hand corner, “Fees Flowed to Romney’s Firm As Companies It Owned Failed,” by Michael Luo and Julie Creswell : Bain Capital “held a majority stake in more than 40 United States-based companies from its inception in 1984 to early 1999, when Mr. [...]
Strong language, NSFW. I’m not going to point to this as an example of Obama’s flaws as a president, because I don’t think it’s true. I think our system is so badly skewed in favor of multinational corporations and their financial and legal interests that Obama is almost irrelevant. Any politician who tried to [...]
One comedian had a lot of funny things to say about “corporations are people” check out the link.
Categories: Corporate Tags: The Aliens Have Landed! Would You Want Them In Your Neighborhood?
AVERAGE CEO PAY HIGHER THAN BEFORE MELTDOWN – AP’s Christina Rexrode, Bernard Condon and Seth Borenstein: “Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011 … up 6 percent from the year [...]
As the time for new business at the Amazon shareholder meeting Thursday morning arrived, the audience grew restless. For those of us holding legal proxies or actual shares, a confrontation was coming on issues around political disclosure, climate change, ALEC funding, workplace conditions and Amazon’s corporate taxes. Two shareholder initiatives [...]
Protesting Target’s anti-union agenda and other problems An administrative judge from the National Labor Relations Board has ruled that an election at a Target store in New York is invalid because the company engaged in illegal intimidation of employees, leading to the 137-85 against the union. This would’ve been [...]
In U.S. Steel town, fatal blast goes unpunished On Sept. 3, 2009, Nick Revetta, a 32-year-old contract laborer, was killed in an explosion at U.S. Steel’s hulking Clairton Plant near Pittsburgh. Revetta’s death – one of 4,551 in American workplaces that year — and the events that followed revealed the [...]
A must-read report from the Chicago Tribune: “The average American baby is born with 10 fingers, 10 toes and the highest recorded levels of flame retardants among infants in the world. The toxic chemicals are present in nearly every home, packed into couches, chairs and many other products. Two powerful industries [...]
Crooks and Liars Reports: 99% Spring Disrupts Verizon Shareholder Meeting Six Times Posted: 08 May 2012 06:00 AM PDT Activists who are a part of the 99 percent Spring attended the Verizon Shareholders meeting on Thursday and disrupted the 1 percent six times as they continued to exploit the company’s workers. [...]
If you feel this way, then join us: We’ve been busy. We’re coming off one of the most action packed months in our action-filled history. From coast to coast, we’ve taken on the worst tax dodging corporations as well as the very notion of corporate personhood. It’s a great moment to [...]
Categories: Corporate Tags: Are Corporations Really People? Real People...? Really? No.
Recent weeks haven’t brought much good news for Wal-Mart. Despite its reputation for assiduously cultivating positive press, the mega-retailer has found itself on the wrong side of a news cycle that has detailed an alleged international bribery scandal involving many of the company’s top executives. But even as Washington starts [...]