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Corporations

These 20 Corporations Are Major Culprits In The Affordability Crisis

A recent poll found that nearly half of people in the world’s richest country are having difficulty affording basic necessities like groceries, utility bills, health care, housing, and transportation. A new Institute for Policy Studies report shines a spotlight on the role leading corporations are playing in this affordability crisis. The report analyzes the 20 largest employers of low-wage U.S. workers, a group we’ve dubbed the “Low-Wage 20.”  Our analysis finds that at half of these firms, median worker pay actually declined in real terms between 2019 and 2024. For the group as a whole, average median pay dropped 4.6 percent to just $29,087.

ICE Tactics Prompt Concern Over Canadian Complicity

So far in 2026, Minneapolis has recorded three homicides. Two of those deaths were at the hands of U.S. Immigration and Customs Enforcement (ICE) officers. As part of President Donald Trump’s broader crackdown on purportedly illegal immigration, at the end of 2025 the Trump administration launched Operation Metro Surge in Minneapolis and St. Paul, Minnesota. This operation resulted in 2,000 federal agents from both ICE and U.S. Customs and Border Protection (CBP) being deployed in what the government described as the “largest immigration operation ever.”

Want To Stop ICE? Go After Its Corporate Collaborators

Renee Nicole Good’s murder by an ICE agent in Minneapolis has left millions of Americans wondering how we can stop ICE from terrorizing our communities any further. There are many well-known ICE-fighting tactics that we can and should use, like protests, know-your-rights trainings, and neighborhood watches. But two recent victories show a promising, relatively underutilized path forward—one that deserves to be pursued further: we can target businesses to break from ICE. ICE relies heavily on the private sector to help carry out its Gestapo-like crusade against immigrants and their allies.

Corporations Invested In Lawsuits Before Venezuela Invasion

Just weeks before the American military operation in Venezuela to capture President Nicolás Maduro, the U.S. energy giant Halliburton filed an unusual lawsuit in international court claiming the Venezuelan government owed them damages for U.S. sanctions against the country. A separate case against Venezuela is also being pursued by another fossil fuel giant whose board includes an oil magnate whose family has delivered large financial contributions to Republicans and conservative causes. One family member poured tens of thousands of dollars into a political committee focused on reelecting President Donald Trump in 2024.

36 Companies Drove Half The World’s Climate-Altering Emissions In 2023

Half of the world’s carbon dioxide emissions in 2023 came from just three dozen companies, according to a new report released today by the Carbon Majors project, with the list dominated by coal, cement, and oil producers. Saudi Arabia’s Saudi Aramco, the year’s worst offender, drove 4.4 percent of the world’s carbon dioxide pollution alone in 2023, the report found. Five publicly-traded oil companies — ExxonMobil, Chevron, Shell, TotalEnergies, and BP — combined to produce an additional 4.9 percent of the year’s global carbon dioxide emissions from fossil fuels, the report adds.

Low Wage Corporations Spent Half A Trillion Inflating CEO Pay

Most of us believe in fair pay for honest work. So why aren’t low-wage workers better paid? After 30 years of research, I can tell you it’s not because employers don’t have the cash. It’s because profitable corporations spend that money on their stock prices and CEOs instead. Lowe’s, for example, spent $43 billion buying back its own stock over the past five years. With that sum, the chain could’ve given each of its 285,000 employees a $30,000 bonus every year. Instead, half of Lowe’s workers make less than $33,000. Meanwhile, CEO Marvin Ellison raked in $18 million in 2023. The company also plowed nearly five times as much cash into buybacks as it invested in long-term capital expenditures like store improvements and technology upgrades over the past five years.

The Supreme Court Made Regulating Corporations Nearly Impossible

On June 28, the Supreme Court published its decision in the case Loper Bright Enterprises v. Raimondo. While the case has not attracted as much attention as some of the Court’s recent spate of controversial rulings, it revoked a long held precedent and will limit government agencies’ ability to do their jobs. Loper Bright deals with seemingly mundane questions of commercial fishing regulation. Current federal law requires fishing companies to allow National Marine Fisheries Services (NMFS) monitors to board their boats for regulatory purposes. The NMFS, however, has interpreted federal law to create a new rule requiring the industry to subsidize this monitoring at a cost of roughly $700 per day.

What Leading Consumer Brands Drive Global Deforestation?

Since the turn of the century, there has been a consistent average annual loss of 3 to 4 million hectares (7.4 to 9.9 million acres) of tropical forest globally. This puts us far from reaching the goal of zero deforestation by 2030, a target embraced in 2021 by 145 countries during the COP26 climate summit in Glasgow. Besides damaging the local environment, deforestation threatens our societies and economies by elevating carbon emissions and exacerbating the climate crisis. Land use change—mainly deforestation—contributes as much as a fifth of global greenhouse gas emissions. So, solving the climate crisis means ending rampant deforestation.

It’s Important To Focus On Companies Using Inflation To Jack Up Prices

If you buy groceries, you know that prices are high. And if you read the paper, you’ve probably heard that prices are high because of, well, “inflation,” and “shocks to the supply chain,” and other language you understand, but don’t quite understand. One article told me that economists see pandemic-related spending meant to stabilize the economy as a factor, along with war-impacted supply chains and steps taken by the Federal Reserve to raise interest rates —all of which may be true, but still doesn’t really help me see why four sticks of butter now cost $8. Not to mention that the same piece talks matter of factly about “upward pressure on wages,” which sounds like people who need to buy butter are getting paid more, but I’m pretty sure the language is telling me I’m supposed to be against it.

Is Intellectual Property Turning Into A Knowledge Monopoly?

The twentieth century saw the emergence of public funded universities and technical institutions, while technology development was concentrated in the R&D laboratories of large corporations. The age of the lone inventor Edison, Siemens, Westinghouse, Graham Bell had ended with the nineteenth century. The twentieth century was more about industry-based R&D laboratories, where corporations gathered together leading scientists and technologists to create the technologies of the future. In this phase, capital was still expanding production. Even though finance capital was already dominant over productive capital, the major capitalist countries still had a strong manufacturing base.

‘Dirty Dozen’ Dangerous Employers Named For Workers Memorial Day

April 28 is Workers Memorial Day, commemorating those killed, sickened, or injured on the job. As part of a week of events, today the National Council for Occupational Safety and Health is releasing its “Dirty Dozen” report. Here are four of the employers COSH has picked out for the “Dirty Dozen” distinction in 2023 because they run unsafe workplaces, endangering workers and the public: Swissport, Packers Sanitation, the Class I railroads, and FedEx. Some also have attempted to silence workers who speak up about hazards or are trying to organize a union to make the workplace safer.

The Shadow Bank That Owns The World

For most people in America and much of the world, our life is — to some degree — owned, run, managed, or manipulated by a “shadow bank” that few people even know the name of. It holds between 9 and 10 Trillion dollars in assets. It is the largest or close-to largest stake holder in most enormous media companies like Disney and Comcast, most big tech companies like Google and Meta/Facebook, most big banks like Citibank, Bank of America, and Barclays. This secretive cabal is one of the biggest funders of deforestation, fossil fuel use, weapons contractors, and basically destroying the planet. And yet, despite all that, most Americans and most people around the world have never even heard of them. Watch the video to learn who it is that truly owns the planet.

Who Actually Owns Corporations, Anyway?

According to elementary students of economics and Wall Street financiers alike, the answer to this question is as simple as it is intuitive: the shareholders. The standard narrative goes like this: a share is a “piece of a company.” Accordingly, the holders of those shares are the company’s collective owners. Shareholder ownership explains why an army of retail investors coordinating trades on Reddit could claim they “owned a piece” of the struggling video game retailer GameStop and why Warren Buffet is as certain he “owns” companies as varied as GEICO and Dairy Queen as less wealthy Americans are certain they own the gadgets in their kitchen.

Biden’s ‘Global Tax’ And The 40-Year US Corporate Tax ‘Shell Game’

The corporate media in recent days has been busy resurrecting and re-reporting the deal negotiated weeks ago by Janet Yellen, US Treasury Secretary, to get 100+ other nations to sign on to and introduce a 15% global corporate alternative tax in their countries. But why is the mainstream media bringing it up again now? Is it to soften the blow of Biden’s repeal of his proposal to hike corporate taxes in the US from Trump’s 21% to 26%? (It was 35% pre-Trump)? Or is there something else as well that explains why the media is running the global tax story that’s already weeks old? The global sign on to Biden’s 15% global minimum tax, announced weeks ago, is purportedly designed to prevent big multinational corporations’ manipulating governments by seeking out, and getting, special tax deals in certain countries at the expense of others.

55 Corporations Paid $0 In Federal Taxes On 2020 Profits

At least 55 of the largest corporations in America paid no federal corporate income taxes in their most recent fiscal year despite enjoying substantial pretax profits in the United States. This continues a decades-long trend of corporate tax avoidance by the biggest U.S. corporations, and it appears to be the product of long-standing tax breaks preserved or expanded by the 2017 Tax Cuts and Jobs Act (TCJA) as well as the CARES Act tax breaks enacted in the spring of 2020. The tax-avoiding companies represent various industries and collectively enjoyed almost $40.5 billion in U.S. pretax income in 2020, according to their annual financial reports. The statutory federal tax rate for corporate profits is 21 percent. The 55 corporations would have paid a collective total of $8.5 billion for the year had they paid that rate on their 2020 income.
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