Tuesday, September 15, 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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El Capitolio in Havana. Photo: Nigel Pacquette / CC BY-SA 3.0, via Wikimedia Commons

Forty-five groups urge House vote on Cuba war powers resolution

The coalition cites a 148 percent rise in Cuba's infant mortality rate since 2018 and a Senate companion measure that failed by four votes in April.
FEMA community relations workers at a disaster recovery center. Photo: George Armstrong, public domain via Wikimedia Commons

Federal judge rules Trump plan to halve FEMA workforce unlawful

The ruling covers the reservists who deploy after hurricanes and floods, with a decision on remedies due next month as hurricane season continues.
Donald Trump Jr. speaking at a conference. Photo: Gage Skidmore / CC BY-SA 4.0, via Wikimedia Commons

Donald Trump Jr.’s Bahamas Wedding Was Secretly Bankrolled by Russian Oligarch Close to Putin

The oligarch, Umar Kremlev, spent hundreds of thousands on expenses like renting out a private island. He appears to have met Trump Jr. only recently, but he attended the intimate wedding with a large group of other Russian guests.
A petroleum pipeline right-of-way. Photo: Analogue Kid / CC BY-SA 3.0, via Wikimedia Commons

Energy Transfer seeks to overturn Pennsylvania clean water law after jet fuel spill

The 89-year-old law's mens rea challenge could also unravel other state statutes, from traffic offenses to hunting rules, if the company's argument succeeds.
Demonstrators call for freedom in Iran at a solidarity rally. Photo: alisdare1 / CC BY-SA 2.0, via Wikimedia Commons

Iran: Ongoing Unlawful Execution Campaign Against Protesters

At least 60 more protesters face imminent execution, Human Rights Watch says, after summary trials relying on torture-tainted confessions.