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  5. Page 7
Home»Posts tagged with»corporations (Page 7)

Report Warns Taxpayer Money Is Fueling ‘Pandemic Greed Grab’ by US CEOs

By Jake Johnson | Common Dreams on Jun 7, 2022   Featured, National, National/World  

Report Warns Taxpayer Money Is Fueling ‘Pandemic Greed Grab’ by US CEOs

Amazon, which has reported $10.3 billion in recent federal contracts, paid CEO Andy Jassy 6,474 times more than it paid its median worker last year. As ordinary workers across the United States watched inflation eat away at modest wage gains in 2021, many corporations—including firms contracting with the federal government—used record-shattering profits to lavish their CEOs […]

Median Pay of Top CEOs Hits Record $14.7 Million as Workers Strike Over Starvation Wages

By Jake Johnson | Common Dreams on May 16, 2022   Featured, National, National/World  

Median Pay of Top CEOs Hits Record $14.7 Million as Workers Strike Over Starvation Wages

“While most of America struggles to put gas in the tank and pay the grocery bills, price-gouging, excessive-profit-taking CEOs used their captive boards to award themselves record pay,” said one expert. As workers across the U.S. attempt to unionize and walk off the job over brutal conditions and starvation wages, an analysis released Sunday found that […]

AFN Secures $35.1 million in TBCP Broadband Award for 74 Consortium Members

By Alaska Federation of Natives on May 5, 2022   Featured, General News  

AFN Secures $35.1 million in TBCP Broadband Award for 74 Consortium Members

Anchorage, AK—Wednesday, the National Telecommunications and Information Administration (NTAI) announced its latest round of Tribal Broadband Connectivity Program (TBCP) awards. Leading the list of awardees, in terms of grant amount and consortium size, was the Alaska Federation of Natives, who secured a $35.1 million use and adoption TBCP award for its 74 consortium members.  “The […]

Despite Soaring Profits, 19 Fortune 100 Companies Paid Little-to-No Taxes in 2021

By Julia Conley | Common Dreams on Apr 28, 2022   Featured, National, National/World  

Despite Soaring Profits, 19 Fortune 100 Companies Paid Little-to-No Taxes in 2021

“Corporations are looting America,” said former Labor Secretary Robert Reich. In a year when many U.S corporations enjoyed record-breaking profits, some of the wealthiest companies in the nation paid little-to-no taxes according to a new analysis—or even accepted tax refunds—while working Americans continued paying their normal tax rates and faced rising prices for essentials.  That’s according […]

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