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Keyword: corporateamerica

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  • Exclusive: Marco Rubio Renews Aggressive Back-And-Forth With McKinsey Over Company’s Ties To Beijing

    11/16/2020 9:39:09 AM PST · by Kaslin · 18 replies
    The Federalist ^ | November 16, 2020 | Emily Jashinsky
    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...
  • Christians, Don't Be Afraid to Hold Chick-fil-A Accountable

    11/22/2019 7:29:24 AM PST · by cdga5for4 · 88 replies
    Charisma ^ | November 22, 2019 | Bill Hull
    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.
  • FedEx CEO Blasts NYT Publisher, Demands Public Debate Over “Distorted Factually Incorrect” Tax Story

    11/18/2019 8:03:34 AM PST · by SeekAndFind · 10 replies
    Hotair ^ | 11/18/2019 | Ed Morrissey
    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....
  • Why Oil Companies Aren't Evil

    11/07/2019 11:20:03 AM PST · by bananaman22 · 26 replies
    Oilprice.com ^ | 11-07-2019 | Robert
    ''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?”
  • Sanders blasts Apple for $2.5B investment to fight housing crisis

    11/06/2019 3:44:29 AM PST · by Libloather · 39 replies
    Fox Business ^ | 11/05/19 | Brittany De Lea
    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,...
  • Dick's Sporting Goods CEO says company destroyed $5 million worth of weapons

    10/08/2019 7:36:33 AM PDT · by rightwingintelligentsia · 43 replies
    Fox News ^ | October 7, 2019 | Louis Casiano
    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...
  • The NBA Is Just One Of Many American Firms In Thrall To China

    10/08/2019 8:15:26 AM PDT · by SeekAndFind · 17 replies
    The Federalist ^ | 10/07/2019 | John Daniel Davidson
    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...
  • Some tech CEOs eyed as untrustworthy but certain companies are still favored

    09/23/2019 7:33:12 AM PDT · by Swordmaker · 9 replies
    TechRepublic ^ | September 19, 2019, 6:34 AM PST | by Lance Whitney
    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...
  • Pence refuses to break ties with group corporate America dumped for its racism

    08/22/2019 10:31:12 AM PDT · by Eleutheria5 · 17 replies
    True Blue Media ^ | 22/8/19 | Oliver Willis
    <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>
  • Overstock CEO Patrick Byrne resigns following ‘deep state’ comments, stock rises

    08/22/2019 10:16:38 AM PDT · by Roman_War_Criminal · 30 replies
    cnbc ^ | 8/22/19 | Annie Palmer
    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...
  • The CEOs of nearly 200 companies just said shareholder value is no longer their main objective

    08/19/2019 6:37:05 AM PDT · by Doctor Freeze · 76 replies
    CNBC ^ | 8/19/2019 | Maggie Fitzgerald
    Shareholder value is no longer the main focus of some of America’s top business leaders. The Business Roundtable, a group of chief executive officers from major U.S. corporations, issued a statement Monday with a new definition of the “purpose of a corporation.” The re-imagined idea of a corporation drops the age-old notion that corporations function first and foremost to serve their shareholders and maximize profits. Rather, investing in employees, delivering value to customers, dealing ethically with suppliers and supporting outside communities are now at the forefront of American business goals, according to the statement....
  • Pride has sold its soul to rainbow-branded capitalism {the left eats itself}

    06/28/2019 5:45:27 AM PDT · by Cronos · 30 replies
    The Guardian ^ | 28 June 2019 | Peter Tatchell
    .. much of today’s LGBT+ movement has retreated from the ideals and vision of thepioneers... Our organisations have become increasingly corporatised and exploited, with UK Pride parades often dominated by big business sponsors and floats, vote-seeking politicians and state agents such as the police, who brag about their LGBT+ inclusiveness but have not apologised/compensated us for their decades of oppression. Pride is now capitalism with a pink hue. It has become monetised: we pay to march, we are encouraged to buy rainbow-branded merchandise to express our sexual and gender identity. Much of LGBT+ is part of the neoliberal establishment. Most...
  • H-E-B and Dr Pepper rank poorly for LGBTQ inclusivity in new report

    04/08/2019 8:19:53 AM PDT · by fwdude · 56 replies
    The Dallas Morning News ^ | Updated March 29, 2019 | Dom DiFurio
    Dr Pepper Snapple Group and beloved Texas grocery chain H-E-B are among the Fortune 500 companies in Texas that ranked poorly in a new report assessing the LGBTQ inclusivity of businesses across the country. ... Dr Pepper Snapple received a rating of 45 out of 100 this year, down from its rating of 65 the year before. The company's benefits, health coverage, LGBTQ education, diversity council and outreach efforts were either non-existent or found to be lacking. H-E-B scored even lower than Dr Pepper Snapple with a 30 out of 100. The Human Rights Campaign dinged the company for its...
  • Patagonia tells banks and oil companies that they can no longer buy co-branded vests

    04/04/2019 4:32:23 AM PDT · by Stravinsky · 40 replies
    Boing Boing ^ | April 2, 2019 | Cory Doctorow
    Patagonia's iconic "power vest" is a favorite for co-branded company swag, but the company has quietly enacted a new policy that shuts out oil, drilling, dam construction, etc. companies" as well as some "financial institutions" on the grounds that they are "environmentally damaging." Instead, the company is partnering with mission-oriented B-corps, and companies engaged in "outdoor sports that are relevant to the gear we design, regenerative organic farming, and environmental activism." Patagonia has become explicitly political in the years since the Trump election, backing an organization whose mission is to defend public lands with the fervor of the NRA. The...
  • Amazon will pay $0 in federal income taxes for the second year in a row

    02/15/2019 3:35:48 AM PST · by BadLands59 · 67 replies
    The Week ^ | February 13, 2019 | Marianne Dodson
    Amazon, which doubled its profits and made more than $11 billion in 2018, won't pay any federal income taxes for the second year in a row, the Institute on Taxation and Economic Policy reported on Wednesday. The company will not be required to pay the standard 21 percent income tax rate on its 2018 profits, and is claiming a tax rebate of $129 million, which ITEP describes as a "a tax rate of negative 1 percent." Amazon drew ire in 2018 for not paying federal taxes on its $5.6 billion in profits the year before, which was made possible due...
  • 5 Christian-Owned Companies With Godly Values

    12/13/2018 9:15:12 AM PST · by SeekAndFind · 50 replies
    Christian Today ^ | 12/13/2018 | Azalea Pena
    Christian-owned companies are diamonds in the ruff. It can be quite difficult to find a company or a store whose owner(s) shares the same ideals as you.As you may know, companies are made with different purposes. Some business owners simply want to make money, but for others, there's a deeper purpose for it.So if you're in the United States you probably know about In N' Out Burger and Chick-Fil-A, but there are still other Christian companies out there to support. Take a look at these 5 Christian companies with Godly values that you should know about:1. Forever 21Forever 21 is a...
  • Google chief denies political bias claims

    12/11/2018 9:27:14 AM PST · by Ennis85 · 22 replies
    BBC News ^ | 11th December 2018 | BBC News
    Google chief Sundar Pichai has faced accusations of political bias from US politicians. Mr Pichai was being quizzed by members of the House Judiciary Committee about the way his tech firm runs it business. Google was accused of having "programmed" bias against conservative views into its algorithms. Mr Pichai denied the accusation saying he had "issues" with studies that claimed to show the firm's search results excluded right-wing views. Privacy protectionRepublican committee member Lamar Smith said conservative voices were being "muted" via Google's search results. "Such actions pose a grave threat to our democratic form of government," he said. "This...
  • Apple CEO Tim Cook says tech needs to take a moral stand against hate speech

    12/05/2018 9:14:08 AM PST · by lowbridge · 98 replies
    nbcnews.com ^ | December 4, 2018 | Alyssa Newcomb
    Technology companies must take a moral stand against hate speech, said Apple CEO Tim Cook on Monday during a speech at the Anti-Defamation League. “I sometimes say that I worry less about computers that think like people and more about people that think like computers, without values or compassion, without concern for consequences,” Cook said, as he accepted the Anti-Defamation League’s first-ever “Courage Against Hate” awardon Monday night, an honor that will be given each year to a business leader who champions equality. The Apple CEO had a message for anyone trying to push hate, division or violence: “You have no...
  • Apple, Amazon, Facebook and more than 50 other companies sign letter against Trump gender changes

    11/01/2018 9:36:33 AM PDT · by 2ndDivisionVet · 41 replies
    CNBC Tech ^ | November 1, 2018 | Lauren Feiner
    • Companies spanning tech, financial services and consumer products are standing up for legal protections for transgender people. • The companies represent over $2.4 trillion in annual revenue and have almost 4.8 million employees. • The signed statement comes after a New York Times report that the Trump administration is considering limiting the definition of gender to birth anatomy....
  • Land O’Lakes will no longer support Steve King, citing 'company's values'

    10/30/2018 9:26:13 AM PDT · by SMGFan · 181 replies
    The Hill ^ | October 30, 2018
    Dairy company Land O'Lakes will no longer make financial contributions to Rep. Steve King (R-Iowa), the company said Tuesday. "The Land O’Lakes, Inc. PAC has traditionally contributed to lawmakers of both parties that represent the communities where our members and employees live and work and are also on committees that oversee policies that directly impact our farmer owners," Land O'Lakes said in a statement. "We take our civic responsibility seriously, want our contributions to be a positive force for good and also seek to ensure that recipients of our contributions uphold our company’s values. On that basis, we have determined...