New research from the Institute for Policy Studies shows that 100 major U.S. companies are prioritizing share repurchases and exorbitant CEO pay at the expense of their employees. An analysis published Thursday shows that the 100 leading U.S. corporations with the lowest median worker pay poured more than half a trillion dollars into stock buybacks […]
The finding from The Associated Press adds to the evidence of growing inequality—and helps explain worker dissatisfaction with the economy, as wages fail to rise alongside executive pay, an expert said. The median compensation of chief executives at major U.S.-listed firms increased by 12.6% to $16.3 million in 2023, far outpacing the growth in worker […]
“Emboldened by impunity, Mr. Trump and Big Oil are flaunting their indifference to U.S. citizens’ economic well-being for all to see, conferring on how to trade campaign cash for policy changes.” In the wake of Donald Trump attending a Big Oil-hosted fundraiser in Texas, two Democratic Senate chairs on Thursday initiated an investigation into the recent quid pro quo offer to fossil fuel […]
Big Oil CEOs are expected to host Trump as they seek to “pad their already enormous profits at the expense of our climate,” one expert said. Presumptive Republican nominee Donald Trump will reportedly attend a fundraising luncheon organized by leading oil and gas executives in Houston on Wednesday, following a controversial offer he made to the industry to roll […]