McDonald’s announced Monday plans to lay off a number of corporate employees and closed U.S. offices through Wednesday as the company prepares to deliver the notifications as part of a larger restructuring plan. The international fast-food company closed its U.S. offices and some international ones “out of respect,” and to “provide dignity, confidentiality, and comfort […]
“Over the last 40 years, the carceral system has grown into a vast network of corporations that use public-private partnerships to profit from the incarceration of our grandparents, parents, siblings, children, and other loved ones,” said one campaigner. Campaigners from two national justice advocacy groups on Monday released recommendations for the Biden administration to […]
“Today’s record corporate profits mirror what we have been hearing on earnings call after earnings call: Corporations are gleefully reporting that their strategy to burden families with unnecessary price hikes is working.” Economic justice advocates on Wednesday responded to new U.S. government figures showing nonfinancial corporate profits soared to record levels during the third quarter of […]
“It is unacceptable that certain companies and industries are engaged in extreme price hikes under the cover of inflation,” said Rep. Raja Krishnamoorthi. A report released Friday by a panel of the U.S. House Committee on Oversight and Reform highlighted how “certain corporations are using the cover of inflation to raise prices excessively, resulting in record […]