Corporate

Allstate Attempts To Shaft Insured Sandy Victims

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 [...]

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Posted by editor - January 4, 2013 at 10:43 pm

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Walmart Lashes Out Against It’s Employees and Black Friday Activists Using The Government

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, [...]

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Posted by editor - November 23, 2012 at 6:19 pm

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Boycott of Applebees Pending After CEO Takes Stance Against Employees To Avoid ACA

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 [...]

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Posted by editor - November 12, 2012 at 3:31 pm

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The Anti Obama Vendetta Continues, With Food Service CEO’s Doing Damage to Americas Employment

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’ [...]

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Posted by editor - November 10, 2012 at 8:05 pm

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Six Arrested in Illinois Protesting Bain Capital’s Plan to Close Sensata Plant, Move Jobs to China

  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. [...]

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Posted by editor - October 18, 2012 at 4:51 pm

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Seeking Living Wage and Humane Conditions Workers Bring Fair Food Struggle to Chipotle

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 [...]

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Posted by editor - October 3, 2012 at 3:11 pm

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A Teddy Roosevelt Quote That Needs To Be Applied Today

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 [...]

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Posted by editor - September 2, 2012 at 10:35 am

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The Cost of Having Walmart In Your Town

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Posted by editor - August 8, 2012 at 7:00 pm

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Are Large Fines and Settlements The Only Real Deterrent For Corporate Fraud?

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 [...]

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Posted by editor - August 8, 2012 at 10:33 am

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Feds Work On “Controlling Broadband Providers”

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 [...]

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Posted by editor - August 6, 2012 at 7:37 am

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Walmart Makes Steps To Eliminate Unions Firing Employees

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 [...]

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Posted by editor - July 27, 2012 at 9:07 am

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Multi Service Phone, Internet, Cellphone Utility Profitmaking Trick: Screw Your Customers

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 [...]

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Posted by editor - July 25, 2012 at 2:56 pm

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Apple Computer Corporation Actually Admits To Making A Mistake on EPEAT Green Rules

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 [...]

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Posted by editor - July 15, 2012 at 11:44 am

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Boss Give Paid Paid Vacations To Employees Every Year, But There Is A Catch

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, [...]

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Posted by editor - July 14, 2012 at 1:03 pm

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David Cobb Speaks On Corporate Personhood

David Cobb speaks in Houston, Texas on October 4th, 2011 concerning the issue of corporate person-hood.

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Posted by editor - July 5, 2012 at 12:39 am

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France Pushing for a Maximum Wage – Execs Inclusive

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 [...]

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Posted by editor - July 1, 2012 at 9:17 pm

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GM Is Now China Motors

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.

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Posted by editor - June 30, 2012 at 10:42 am

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Secret Trade Deal In Works Allows Lawsuits If Profits Are Infringed

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 [...]

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Posted by editor - June 27, 2012 at 1:29 pm

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Bain Drain Story Continues…

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. [...]

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Posted by editor - June 23, 2012 at 7:44 am

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The Billionaires Club

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 [...]

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Posted by editor - June 16, 2012 at 9:29 am

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Of Course Corporations Are People

One comedian had a lot of funny things to say about “corporations are people” check out the link.

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Posted by editor - June 11, 2012 at 7:20 pm

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The Aliens Have Landed! Would You Want Them In Your Neighborhood?

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Posted by editor - May 29, 2012 at 8:07 am

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Average CEO Pay Now Higher Than Before 2008 Crash

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 [...]

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Posted by editor - May 25, 2012 at 7:50 pm

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Amazon Backs Away From ALEC

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 [...]

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Posted by editor - May 25, 2012 at 7:15 pm

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NLRB Overturns Target Employees Union Vote Over Interference by Illegal Intimidation

    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 [...]

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Posted by editor - May 23, 2012 at 8:19 pm

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U.S. Steel Company Fatal Blast Goes Unpunished

  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 [...]

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Posted by editor - May 21, 2012 at 11:07 am

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Corporate Profits Poisoning Our Children?

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 [...]

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Posted by editor - May 20, 2012 at 10:22 am

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99% Spring Disrupts Verizon’s 1% Showing

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. [...]

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Posted by editor - May 8, 2012 at 8:33 am

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Are Corporations Really People? Real People…? Really? No.

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 [...]

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Posted by editor - May 6, 2012 at 9:49 pm

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As Scandal Builds, Wal-Mart Holds Deep Ties to Washington

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 [...]

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Posted by editor - May 6, 2012 at 9:42 pm

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