This Day in Alaska History-October 17th, 1918
Top Pharma Giants Rake in Huge Profits and Reward Investors While Hiking Drug Prices: Analysis
“Seniors and families already struggling to afford lifesaving medicines are told to brace for further price hikes by the same industry that saw its profits and shareholder rewards skyrocket by billions in a year.” An analysis published Tuesday shows that the five largest pharmaceutical companies in the United States raked in combined earnings of $82 […]
Warren and Porter Demand Answers From Big Egg Over ‘Massive Spike’ in Prices
“American families working to put food on the table deserve to know whether the increased prices they are paying for eggs represent a legitimate response to reduced supply or out-of-control corporate greed.” Sen. Elizabeth Warren and Rep. Katie Porter on Thursday demanded answers from the five largest egg producers in the United States over recent price surges that companies […]
‘Their Price Strategies Are Bearing Fruit’: Oil and Coal Profits Surge 340%
A leading economist urged policymakers to “address corporate profiteering as a driver of inflation by reining in megacorporations and addressing the unsustainably high prices facing families around the country.” Progressive demands for congressional action to curb corporate monopoly power were renewed Friday after federal data confirmed that certain heavily consolidated industries are continuing to rake in […]