Latest in Corporate Oligarchy
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Republicans want corporate oligarchy. We need economic democracy | Rashida Tlaib and Michael A McCarthy
The GOP budget seeks vast cuts to Medicaid, food assistance and more. Instead, let’s build an economy for everyone. American families are exhausted. They deserve a government that chooses them over ...The Guardian - 13h -
Three billionaires: America’s oligarchy is now fully exposed | Robert Reich
As Jeff Bezos, Mark Zuckerberg and Elon Musk alter US media, the connections between wealth and power are in plain sight. One of the unacknowledged advantages of the horrendous era we’ve entered is ...The Guardian - Feb. 27 -
Starbucks to Lay Off 1,100 Corporate Workers
The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.The New York Times - Feb. 24 -
Corporations partly to blame for high egg prices: Report
The price of eggs has nearly doubled in the last six weeks, with the average cost of a dozen at around $8.The Hill - 4h -
‘You know what? They quit!’ Resigning by proxy and the crisis of corporate Japan
Agencies that help dissatisfied employees make a clean break are putting pressure on companies and exposing a demographic problemFinancial Times - Feb. 22 -
Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday.NBC News - Feb. 24 -
Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks made the layoff announcement after four straight quarters of falling same-store sales.CNBC - Feb. 24 -
Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort
The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.Inc. - Feb. 24 -
Op-ed: Tesla's stock slump is a glimpse of the future of the multinational corporation, and it's not good
U.S. corporations are now viewed abroad as extensions of Trump's American foreign policy, exposing them to backlash. The market damage will get worse yet.CNBC - Feb. 25 -
No add to cart: Shoppers launch 'economic blackout' to protest corporate corruption
An effort to encourage U.S. consumers to participate in a day of protest by not spending money Friday has picked up momentum online, with thousands of people across social media saying they plan to ...NBC News - 6d -
Corporate bank bond-buyers wade in, even as stocks get clobbered
Capital flows into Bank of America’s debt after investors moved away in recent days, as equity prices swoon.MarketWatch - 2d -
Eli Lilly unveils $27bn US investment as corporate America seeks to woo Trump
Pharmaceutical industry hopes to ward off growing tariff threatFinancial Times - Feb. 26 -
Pride Toronto loses corporate funding as Trump’s DEI purge has chilling effect
Canadian event loses three sponsors who also do business in the US to avoid being seen as supporting LGBTQ+ rights. Pride Toronto , one of the largest celebrations of LGTBQ+ people in North ...The Guardian - Feb. 27 -
‘Hit them where it hurts’: Americans boycott corporations to protest anti-DEI policies
Participants commit to not spending money for 24 hours to resist Trump administration and Musk’s cuts. Don’t let a billionaire’s algorithm control what you read. Download our free app to get ...The Guardian - 6d -
Fallout from Trump’s trade war is spilling over into corporate bonds at a crucial moment
The first two weeks of March tend to see the highest bond issuance of the year for highly rated corporations.MarketWatch - 2d