Keyword: corporateamerica
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United States Chamber of Commerce CEO Suzanne Clark made a veiled attack against former President Donald Trump’s economic nationalist agenda, declaring that tariffs and reshoring America’s manufacturing base threaten the global economy.During Clark’s annual speech to big business late last week, the Chamber executive said Americans must embrace globalization and free trade rather than seek to reshore American jobs that have been lost to China and other foreign countries over the last three decades.Alone, the U.S. trade deficit with China since 2001 has eliminated nearly four million American jobs. Almost three million of these lost jobs, or about 75 percent,...
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The U.S. Supreme Court may have overturned Roe v. Wade, but abortion has not been completely eliminated — not if leftists in corporate America have anything to say about it, at least. Following the collapse of Roe, many businesses reportedly announced funding for abortion-related travel expenses, in a major victory for leftists pushing corporate America to adopt woke environmental, social and governance (ESG) standards. ESGs provide a smokescreen for left-wing bigwigs in C-suites to force radical leftist politics on shareholders, according to former McDonald’s CEO Edward Rensi. Utah State Treasurer Marlo Oaks called ESG “the greatest threat to our freedoms...
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When the Supreme Court placed a stay on President Biden’s vaccine mandate for private employers, it signaled the end of the regulation. While the lawsuit will still make its way through the court system, the 6-3 majority made their stance on the constitutionality of the COVID vaccine mandate for private employers very clear. The administration heard the message, and President Biden put out a statement pleading with private employers to move ahead with vaccine mandates for their workforce. The statement is full of inaccurate information. It notes that the Court upheld the mandate for healthcare workers and reads: Today’s decision...
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Nationally syndicated radio host Mark Levin tore into the “frauds” in corporate America who have made it a point to be clinically woke but then silent on their dealings with the “genocidal mass murderers” in the Chinese Communist Party. Levin told listeners on the August 2 edition of “The Mark Levin Show” to “look at the businesses in this country.” He continued: “Here we have a country, China, that is slaughtering Muslims; that is now targeting Christians; that is now rounding up freedom supporters in Hong Kong, which is building a military they hope will be second to none to...
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Just think of the upside down world in which we live today. Women and girls are relaxing in a California spa when a man walks in, naked and fully exposed, in full view of these mothers and daughters. Yet when a complaint is issued, the spa, along with the editorial board of the Los Angeles Times editorial board, defend the man. Do we need any more proof that we have lost our corporate minds? A man commits full frontal indecent exposure in the presence of women and girls, and the LA Times chides the women for being upset while defending...
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Fox Business host Charles Payne completely tore into corporate America for virtue signaling on social justice issues like racism. Payne slammed the faux outrage coming from big businesses pandering to the left. “The bottom line is corporate virtue signaling is not only phony, but it is actually making the situation worse. So, my message to corporate America is just shut up, and do the right thing. That is, if you really give a damn,” Payne said during the May 20 edition of Making Money. Payne stated that he was leery of big businesses “opining openly on social issues, and more...
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The New York Times and The Washington Post appeared to be tickled pink about the opportunity to advertise a statement signed by woke corporate America aiming to block voter ID laws across the country. The Post’s owner Jeff Bezos, who is also Amazon's CEO, also signed the statement. The leftist organization behind the statement that pretends to “stand for democracy” — Black Economic Alliance (BEA) — cheered how “over 500 companies and CEOs have united to oppose the 360+ state bills pending in 47 states that contain discriminatory voting measures.” The BEA, along with several other business figures, paid for...
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This week, on the basis of whole-cloth lies, major corporations went to political war with the state of Georgia. The lies at issue revolved around Georgia's new voter law, characterized by both Stacey Abrams and President Joe Biden as a new form of Jim Crow. What do these dastardly new voter restrictions do? They require an ID number to receive an absentee ballot, with language identical to that of federal law; they bar electioneering within 150 feet of a polling place or 25 feet of voters in line, including handing out food or water for partisan purposes; they increase the...
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Major League Baseball shamefully pandered to Leftists by pulling the All-Star game out of Georgia. Trump’s strong response in calling for a boycott of MLB deserves a standing ovation, and Texas Governor Greg Abbott announced that Texas will no longer seek to host MLB events.Baseball should remain the timeless sport which unified America ever since the Civil War. The armies of the North and the South would take breaks to play a friendly game of baseball with each other.Healthy rivalries between the National and American Leagues, and other professional baseball leagues, subsequently kept the game on track for more than...
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The controversy surrounding the new voting law in the state of Georgia raises important issues regarding the governance of our country and the role of corporations. Corporations are big and have a lot of economic clout, so there is justified concern about them abusing this economic power. It's why there are such strict lobbying laws in Washington. We want to make sure that corporations don't step over the line of representing their legitimate interests in legitimate ways. Corporations such as Atlanta-based Delta are now falling over themselves to see who can be the most zealously out front and condemn Georgia's...
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Sen. Marco Rubio (R-Fla.) is continuing to press McKinsey and Company for answers about the powerful firm's business dealings with the Chinese Communist Party.Sen. Marco Rubio (R-Fla.) is continuing to press McKinsey and Company for answers about the powerful firm’s business dealings with the Chinese Communist Party. In a Nov. 13 letter shared exclusively with The Federalist, Rubio grilled Global Managing Partner Kevin Sneader with questions the senator claims McKinsey is dodging.“If companies like McKinsey want to work with the U.S. Government, they must be much more forthcoming with the nature of their foreign entanglements,” Rubio told The Federalist. “China...
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I predict that there will be more scrutiny, not less, of the decision made by the Chick-fil-A Foundation. I am sure the company will revise its response. More nuance will surely be forthcoming because of the nationwide backlash. Nuance, however, is what causes you to lose in politics, get defeated in war and get burned at the stake in religion.
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Get ready for the debate of the century — and we’re not talking about the Democratic primaries. That is, get ready if New York Times publisher A.G. Sulzberger has the cojones to face off against a very angry FedEx CEO Fred Smith. The NYT ran an analysis of FedEx’s taxes and accused the company of lobbying for the big tax reform of 2017 on the basis of increasing investment in the US economy — and then reneging on the promise: In the 2017 fiscal year, FedEx owed more than $1.5 billion in taxes. The next year, it owed nothing....
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''It’s not at all surprising that in 1977 Exxon management might reject a warning from one of its scientists that rising carbon dioxide emissions were going to pose a problem. It certainly wasn’t widely accepted at that time, and we have the benefit now of 40 years of hindsight. That’s why whenever someone says “Exxon knew”, I respond “Did they though?”
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Independent Vermont senator and 2020 presidential hopeful Bernie Sanders is not impressed by tech giant Apple’s efforts to increase the supply of affordable housing in California amid a growing crisis. In a statement on Monday evening, Sanders called out the Cupertino, California-based company out for trying to distract from a problem it helped create. “Apple's announcement that it is entering the real estate lending business is an effort to distract from the fact that it has helped create California's housing crisis – all while raking in $800 million of taxpayer subsidies, and keeping a quarter trillion dollars of profit offshore,...
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The CEO of Dick's Sporting Goods said the company destroyed more than $5 million worth of assault-style rifles following its decision to stop selling the weapons amid pressure on retailers from gun control groups. Ed Stack told CBS News during an interview that aired Sunday that the millions of dollars worth of inventory was turned into scrap metal. "I said, 'You know what? If we really think these things should be off the street, we need to destroy them,'" he said. It was not clear how much destroying the weapons cost the sporting goods giant. Stack announced the Coraopolis, Pennsylvania-based...
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The Chinese Communist Party is using its economic leverage to exploit global corporate power for its own ends, and American firms are helping. We shouldnÂ’t suppose the NBA-China affair is something new or strange. In many ways, it was entirely predictable, right down to the simpering apologies and walk-backs. But we should understand that blow-ups like this are going to happen more frequently unless U.S. policymakers, American consumers, and major corporations work together to reconnect strategic national interests to economic activity.There are two reasons for this. The first is growing Chinese aggression abroad and despotism at home, fueled by BeijingÂ’s...
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Tech moguls Tim Cook, Mark Zuckerberg, and Jeff Bezos all scored on the bottom half of the scale for trustworthiness, according to analysis conducted by global brand consultancy Landor. The CEOs of major tech companies face an interesting and challenging public perception. They can sometimes seem like celebrities, generating a certain buzz and excitement among people. But business scandals and other issues can prompt that same public to see them as untrustworthy. A study by consultancy group Landor looks at some top tech moguls and their companies to learn how consumers view them. . . . Among the tech moguls...
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<p>Mike Pence is scheduled to speak at an event on Monday sponsored by a dark money group that was recently cut off by corporate donors for overt acts of racism.</p>
<p>The Independent Mail newspaper reported that America First Policies is "organizing the event," labeled "USMCA: A Better Deal for Workers" at Sargent Metal Fabricators in South Carolina.</p>
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Overstock CEO Partick Byrne resigned from the e-commerce company Thursday after making controversial comments about his role in the “deep state.” Shares of Overstock popped as much as 17% after being halted for the news. Shares were up about 9% in the afternoon. “In July I came forward to a small set of journalists regarding my involvement in certain government matters. Doing so was not my first choice, but I was reminded of the damage done to our nation for three years and felt my duty as a citizen precluded me from staying silent any longer,” Byrne said in a...
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