Friday, September 29, 2023

Tag: Wall Street

Analysis details how Wall Street underwriting quietly funnels billions into fossil...

"Underwriting is a huge missing piece of net-zero transition plans, allowing big U.S. banks to continue to help fossil fuel companies raise billions of dollars with limited scrutiny," said one campaigner.

Imagine a world where CEOs get paid $3 million a year

Being a well-paid CEO means something very different today than it did fifty years ago.

Wall Street bonuses decline but still dwarf worker pay increases since...

Since 2008, growth in the average Wall Street bonus has far outstripped wage growth for ordinary U.S. workers.

Rail workers blame fiery train crash in Ohio on Wall Street...

"The PSR-driven carriers, driven to cut costs and crew time by any means necessary, cut corners and leave crews and the public at risk."

Wall Street bonuses soar by 20%, nearly 5 times the increase...

Due to Washington inaction, millions of essential workers continue to earn poverty wages, while the reckless bonus culture is alive and well on Wall Street.

‘Jaw-dropping’: Wall Street bonuses have soared 1,743% since 1985

A new analysis finds that if the federal minimum wage had increased at the same rate, it would currently be $61.75 an hour.

Khanna-Warren bill would ban Wall Street profiteering on water scarcity

"Water must be managed as a public resource, not a corporate profit center."

Disaster capitalism ‘hits new heights’ as Wall Street profiteers cash in...

“Seems a lot easier and cheaper to make an emergency fund permanent rather than pay private lender fees.”

Taking aim at predatory equity firms, Warren leads bill to ‘stop...

"Private equity firms get rich off of stripping assets from companies, loading them up with a bunch of debt, and then leaving workers, consumers, and whole communities in the dust."

New bill to prevent Wall Street from continuing to finance fossil...

“For too long, our federal government has looked the other way while our nation’s largest banks bankroll the dirtiest fossil fuel projects.”

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Global leaders plead for peace in Ukraine at UN

Altogether, leaders from at least 50 countries spoke up for peace in Ukraine at the 2023 UN General Assembly.

Supreme Court could trigger hundreds of billions in corporate tax cuts ‘with the stroke...

"The Roberts Court could decide with the stroke of a pen to simultaneously forgive big business decades of tax dues."

Elected Democrats are conformist enablers of Biden for 2024

Alarm bells among pro-Biden pundits have finally begun to break the political sound barrier. So why is it quiet on Capitol Hill on the Democratic front?

Climate campaigners decry ‘absolutely horrendous’ brutality against protesters at fed summit

"We have no choice but to take direct action to put our bodies on the line because petitions, sign-waving, and chanting—we tried that for the past 50 years and it hasn't worked, and we're out of time," said one arrested activist.

Missouri set to execute Marcellus Williams despite DNA evidence proving innocence—again

Unless we reform this corrupt system, racist politicians will be rewarded with higher political offices–for–”frying a black man.”