Wednesday, August 12, 2026

Tag: corporate profits

Big Oil cashes in on Iran war as drivers face soaring...

While Americans confront the highest fuel prices in years after the U.S.-Israel war on Iran disrupted global oil markets, fossil fuel giants are reporting surging profits, expanding stock buybacks, and prioritizing shareholder payouts over increased production.

Trump invokes wartime powers to expand fossil fuel production amid rising...

Defense Production Act orders authorize federal support for oil, coal, liquefied natural gas, and grid infrastructure as industry profits increase during Iran conflict.

Big Oil profits surge as Democrats push windfall tax tied to...

Lawmakers and advocacy groups propose taxing fossil fuel windfalls as war-driven price spikes hit American households and deepen inequality.

As Americans ration care, health insurers rake in record $71.3 billion...

Despite rising out-of-pocket costs and millions losing coverage, U.S. health insurance giants posted record profits in 2024 while their CEOs took home a combined $146 million.

Progressives demand federal action as airlines and hotels exploit hurricane evacuations...

As thousands of residents fled the path of these catastrophic storms, reports of airlines, hotels, and other companies inflating prices emerged, raising concerns over corporate profiteering during emergencies.

Tariffs don’t protect jobs. Don’t be fooled.

When employees have become their own employers, they will make the quantities and qualities of a society’s jobs a key policy objective rather than a side-effect of policies focused elsewhere.

Unveiling inflation’s true culprit: corporate profits over people

An in-depth investigation reveals how major corporations have exploited economic changes to inflate prices and maximize profits, leaving American households grappling with high costs.

How corporate food monopolies caused the baby formula scandal 

The fact that a handful of companies produce the majority of our food means that small disruptions will have big impacts. This time the impacts are borne by American babies.

Study shows excess corporate profits in the US have become ‘widespread’

A new research paper finds that corporate price markups and profits jumped to their highest levels in seven decades last year.

Record corporate profits, record stock buybacks, and the plan to tax...

As corporations blow record sums repurchasing their stock to inflate CEO pay, Congress is advancing a tax aimed at curbing this harmful practice.

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The dark side of ecotourism: When green travel exploits people and the planet

As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, the industry may be doing more harm than good.

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FCC faces backlash over push to lift media ownership limits amid threats to local...

Press freedom and civil liberties groups warn that loosening media consolidation rules would further erode independent news, local coverage, and democratic accountability.
The west front of the U.S. Capitol. The Protected Time Off Act, pending in Congress, would guarantee full-time workers two weeks of paid annual leave. Photo: Architect of the Capitol (public domain, via Wikimedia Commons)

US workers average 10 paid vacation days a year, and 33 million get none

Twenty-five OECD countries require employers to provide at least 20 days. The US legal minimum is zero, and 57 percent of the lowest-paid tenth of workers get no vacation at all.
The E. Barrett Prettyman United States Courthouse in Washington, home of the U.S. District Court for the District of Columbia, where Judge Amit Mehta issued the order. Photo: AgnosticPreachersKid (public domain, via Wikimedia Commons)

Judge dismisses the last January 6 case, writing that absolving the Oath Keepers is...

The Justice Department told the court a retrial would harass eight men whose sentences Trump had already commuted. Two Oath Keepers who pleaded guilty and cooperated keep their convictions.