If you don’t pay me $300 million, the new CEO at CSX is threatening, I’ll let your workers keep their jobs. He means it. At his last CEO stop, Hunter Harrison cashiered 34 percent of another railroad’s workforce.
America’s next secretary of commerce may be a private equity kingpin who owes his ample fortune to a career of manipulating the misfortune of America’s workers.
For today’s top execs, the contemporary corporation has become a personal ATM — with no limits on withdrawals.
Our global economy will never become more productive, the developed world’s official research agency suggests, if we continue to let wealth concentrate.
The moneymaking techniques today generating mega millions, global business analyst Sam Wilkin is making plain, almost all rest on schemes for subverting honest market competition.
Corporate movers and shakers are now maneuvering, via global trade negotiations, for the power to erase governmental decisions that complicate their profiteering. Will they get it? Trade union analyst Thea Lee sees reasons they just might not.
The CEOs of America’s 20 largest restaurant chains must be providing diners some mighty fine service. Their ‘performance’ is costing Uncle Sam nearly a quarter-billion dollars a year.
The new Toronto-based Wagemark campaign is aiming to change the global conversation on CEOs, workers, and the real value of their labor.
Back in Al Capone’s day, Prohibition helped give rise to a rash of epic crime-boss fortunes. In our day, deregulation has spawned on Wall Street an entire new generation of fabulously rich racketeers.
For the grasping managers of Corporate America — and the institutions their wealth dominates — no workers deserve dignity, not even the most amazingly accomplished.