Rep. Katie Porter eviscerates pharma CEO with a math lesson about his $13 million salary
Rep. Katie Porter (D-Calif.) never wastes an opportunity to roast a CEO. On Wednesday, three pharmaceutical executives, including former Celgene...
Rep. Katie Porter (D-Calif.) never wastes an opportunity to roast a CEO. On Wednesday, three pharmaceutical executives, including former Celgene...
Outdoor clothing company The North Face became the highest-profile brand to join the #StopHateforProfit movement, which encourages large advertisers to...
CEOs / Corruption / Inequality / Richest One Percent / Taxes
by onepercenttakers · Published May 24, 2020
Sen. Bernie Sanders was among critics outraged that the fossil fuel industry is using tax breaks in the CARES Act...
Corporate social responsibility is the second-biggest con of 2019 (Donald Trump remains in first place). Consider Boeing, whose board just...
When billionaire Jeff Bezos cut health benefits on September 13 for part-time workers at his grocery store Whole Foods the...
Her poll numbers have risen steadily in recent weeks but Sen. Elizabeth Warren on Tuesday night celebrated a contingent of voters...
Drug makers and distributors flooded the US with more than 75bn opioid pills in the crucial years when the country’s epidemic...
As rideshare drivers across the U.S. and around the world continue to struggle for decent wages, benefits, and the basic right to...
Stephen Smith worked at an AT&T call center in Meriden, Connecticut, for over 20 years before the giant telecoms company...
UnitedHealth Group CEO David Wichmann is warning investors that the healthcare market could come crashing down thanks to the push...
Massachusetts Senator Elizabeth Warren introduced legislation Wednesday that would make it easier to imprison corporate executives whose companies commit crimes...
America is the only place in the world where any citizen over the age of 35 can run for president....
A wealthy CEO might actually be heading to prison – a rare occurrence in America today. Mashiyat Rashid, the CEO of...
The first comprehensive study of the massive pay gap between the US executive suite and average workers has found that...
ExxonMobil has agreed to provide an investment package worth about $180 million to its outgoing chief executive, Rex Tillerson, letting...
Stumpf opted for early retirement amid controversy, but the longtime bank boss is walking away with around $130 million, according...
CEOs / Corruption / Media
by onepercenttakers · Published September 6, 2016 · Last modified September 15, 2016
It has been exactly two months since Gretchen Carlson, a former Fox News anchor, sued her old boss, Roger Ailes,...
After a long battle to even get on the agenda for ExxonMobil’s 2016 Annual Meeting, the company’s shareholders on Wednesday...
One of the defining traits of conservatives, particularly wealthy conservatives, is embracing any policy that enriches the already wealthy at...
The CEO of McDonald’s fast food chain, Steve Easterbrook, was pleased to announce that driven by the President’s push for...
You’ll never guess who’s going around Washington, trolling the halls of Congress, talking about the importance of protecting the long-term...
The most hated man in America — at least a couple weeks ago — just got the back of Bernie...
by onepercenttakers · Published September 10, 2015 · Last modified October 17, 2015
A new study has found that top oil and gas executives receive massive bonuses for making decisions that ultimately have...
The Securities and Exchange Commission on Wednesday approved a rule requiring companies to release key executive compensation information. The CEO...
by onepercenttakers · Published July 3, 2015 · Last modified November 25, 2015
The chief executive officers of America’s largest firms earn three times more than they did 20 years ago and at...
by onepercenttakers · Published April 17, 2015 · Last modified November 17, 2015
Hotels are making a killing. Occupancy rates are exceeding pre-recession highs, and are expected to reach record levels in 2016....
Earlier this month, in the sparsely populated Kentucky county that’s home to Bowling Green, officials voted to convert the place...
by onepercenttakers · Published December 26, 2014 · Last modified November 21, 2015
Does trumpeting scoundrels’ misdeeds set them straight? Edward Lampert, chairman and CEO of Sears Holdings, received positive reviews from only...
Holiday bells are silent in the homes of America’s struggling working poor, even with gasoline prices at their lowest levels...
The paranoid water-cooler lament that the boss has rigged the rules so that he will get paid even if he...
by onepercenttakers · Published November 16, 2014 · Last modified November 23, 2015
Don Blankenship, the former CEO of coal giant Massey Energy, faces up to 31 years in prison after a federal...
by onepercenttakers · Published October 11, 2014 · Last modified November 25, 2015
When most employees want a raise, they schedule a meeting with their supervisor or reach out to human resources. A...
Rumblings of discontent about executive wages, the 1 Percent, and wealth gaps know no borders. And neither does fierce debate...
by onepercenttakers · Published September 2, 2014 · Last modified November 28, 2015
The Institute for Policy Studies’ 2014 Executive Pay Reform Scorecard – part of the just-released latest edition of the IPS...
CEOs like to justify their sky-high pay by saying it rewards their work in steering companies toward better performance. But...
CEOs / Inequality / Workers
by onepercenttakers · Published July 18, 2014 · Last modified August 6, 2014
Last year, according to a new analysis from the Economic Policy Institute (EPI), the CEOs of America’s top 25 restaurant...
Fed up with the do-nothing Congress, people around the country are no longer waiting for Washington to lead on some...
Business owners usually don’t like it when their employees steal from them. For this reason is it is hard to...
Workers in the United States don’t make double what workers make in Japan or Switzerland. Why should U.S. CEOs routinely...
Low-income families weren’t the only ones hurt by cuts to food stamps last fall. Top Walmart executives also took a...
The CEO and other top executives at Coca-Cola have been giving themselves lavish bonus packages. According to the calculations of...
Walmart has been widely criticized for shifting the costs of its low-wage model onto taxpayers. This report, co-published by IPS...
CEOs / Inequality / Workers
by onepercenttakers · Published June 3, 2014 · Last modified August 28, 2014
Memorial Day is in the rear-view mirror, but here’s one more thing to remember: American chief executives make too darn...
While many companies doled out seven-figure raises for their top brass last year, they were far more stingy with the...
The median CEO pay package hit $10.5 million last year, according to the Associated Press, cracking eight figures for the...
CEOs / Inequality / Workers
by onepercenttakers · Published May 14, 2014 · Last modified September 3, 2014
A beginning elementary school teacher in a small district in California makes around $40,000 per year. That’s 2 or 3...
"Ronald Reagan's theory was really 'trickle down' economics...and renamed 'supply side.' Cut tax rates for the wealthy; everyone else will benefit. As Reagan's budget director David Stockman confided at the time, the supply-side rhetoric 'was always a Trojan horse to bring down the top rate.'" —The Gipper's Economy. To see how the Trickle Down Con was sold to the public click here.