(Bloomberg) — After the murder of George Floyd last year prompted widespread protests, dozens of companies released public pledges to promote racial justice. However, their support of the Black community wasn’t reflected in the demographics of their workforces. A new …
(Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers …
https://www.newsweek.com/china-wants-your-dna-its-no-good-opinion-1550998 China’s state media claim the country already has the world’s largest database of genetic material—80 million profiles—but Beijing wants more. China already owns DNA of Americans by buying American companies. China’s BGI Group may now have the largest database on …
California state officials pressured tech companies to censor social media posts about the 2020 election — informed in part by daily “misinformation” briefings from a consultant tied to the Biden campaign — according to documents from the California secretary of …
John Kerry, President Biden’s special presidential envoy for climate change, held investments in oil companies prior to divesting from the stocks as he took over the position, according to financial forms. Kerry’s financial disclosure forms, which were obtained by Fox …
Companies have been announcing their Q1 2021 earnings results lately and there’s one common theme from many companies in many industries: corporate executives won’t stop talking about rapidly rising costs (not just commodities and materials) and inflation.
WASHINGTON, Dec 11 (Reuters) – The U.S Senate on Friday passed a bill overhauling anti-money laundering rules and banning anonymous shell companies, a victory for law enforcement and rights groups which have long sought changes to make it easier to …
The Left-wing “Really American” Political Action Committee, which has ruthlessly attacked President Trump, and currently tours anti-Marjorie Taylor-Greene and anti-Lauren Boebert ad vans around Washington, D.C., counts 65 percent of… The post DC Ad Vans Funded by Hardline Socialist Who Spends …
Via International Man International Man: The trend of investing in so-called environmental, social, and governance (ESG) companies is growing. Companies are rated based on their carbon emissions, diversity on their board, among other factors. Many companies seem to be bending …
Indiana Attorney General Todd Rokita announced Wednesday he has launched an investigation into five Big Tech companies for allegedly censoring conservative content. The statement from Rokita’s office said that the investigation centered around whether the companies “have potentially harmed Indiana …
Just as the Biden administration is pushing to raise taxes on corporations, a new study finds that at least 55 of America’s largest paid no taxes last year on billions of dollars in profits. The sweeping tax bill passed in 2017 by a Republican …
Parler Says It Informed FBI of Violent Content Before Capitol Riot: Social-media platform tells House committee it has been unfairly targeted by Big Tech. The conservative-leaning social-media network Parler referred violent content from its platform to the FBI more than …
by visualcapitalist Environmental, social, and governance (ESG) investing witnessed a breakthrough year in 2020 with the most fund inflows on record. Importantly, for companies that are judged according to ESG metrics, one way to track their progress is through their alignment …
U.S. companies now face the highest levels of debt on record — more than $10.5 trillion, according to the Federal Reserve and the Securities Industry and Financial Markets Association, or SIFMA. The coronavirus pandemic is only part of the story. The …
Jason talks about the 3 major US stock market indexes at or near all time highs despite more poor global economic data (getting worse) and also bad numbers being reported by companies like 3M. 1) Anadarko Executive Cash-Out – The …
The S&P has all time highs and the MSM doesn’t event care, they use to care but now they are downplaying because they can’t use the economy as a weapon. Trump has taken control of the Fed and the Fed …
via @IvoValkenburg: https://itep.org/notadime/
Under President TrumpOpens a New Window.’s new tax law, 60 of America’s biggest corporations paid $0 in federal taxesOpens a New Window. in 2018, despite earning billions of dollars in profits. AmazonOpens a New Window., NetflixOpens a New Window., General MotorsOpens a New Window., Chevron, …
For decades, profitable Fortune 500 companies have manipulated the tax system to avoid paying even a dime in tax on billions of dollars in U.S. profits. This ITEP report provides the first comprehensive look at how corporate tax changes under …
According to a new report by CBM Capital, the Cannabis industry is set to embrace the contribution Artificial Intelligence (AI) is making on the global economy. By 2030, AI is set to contribute up to %15.7 trillion to the global …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter There are now many of them. Shoring up the balance sheet is the opposite of “shareholder friendly.” It’s “creditor friendly.” The amount of investment-grade corporate bonds outstanding by non-financial companies in the US and Europe – …
by Martin Armstrong The EU has been unable to agree on taxing the internet. As a result, Austria went ahead and passed its own digital tax this week on revenues earned by online companies in their country. The entire problem …
by Martin Armstrong QUESTION: Did insurance companies just declare bankruptcy during the 1930s to escape liabilities? PD ANSWER: Personally, I have NEVER had an insurance policy that EVER paid what they promised. To me, it is one giant scam. You lie to an insurance company and it …
New York (CNN Business)1. Easy money: The past decade of ultra-low interest rates has spawned the rise of “zombie” companies. These debt-laden firms don’t make enough to even cover their interest payments. That’s never a good sign. The number of …
via yuantalks: The strong rally in China’s equity market has attracted retail investors to buy stocks. So far this year, the benchmark Shanghai Composite Index has surged more than 30 per cent. In March, 2.99 million new investors opened accounts to …
Mac Slavo April 2nd, 2019 SHTFplan.com Kraft-Heinz is just one of many companies exposing the United States’ corporate debt problems. The food empire has been drowning itself in debt, spending money it hasn’t earned yet. Heinz took on debt when the …
Who will bail out the governments when they begin to fail? Global debt has expanded beyond belief as central banks expand their balance sheets to make up for lack of investment. This is a system built around debt. But more …
https://www.businessinsider.sg/initial-public-offering-how-unprofitable-companies-fared-2019-3/ Lyft went public Friday at a valuation of more than $20 billion despite recording heavy losses ahead of its initial public offering. Several other money-losing tech companies, like Uber and Pinterest, are preparing IPO filings. Markets Insider has compiled …
by ChasingMyMoney Background: Several weeks ago I accidentally purchased a $100 Starbucks E-gift card through the Chase.com website on my computer browser. I wanted to send my sibling a belated gift of direct money. Within 2-5 minutes of sending the money …
Heading into the end of the first quarter, 105 S&P 500 companies have issued EPS guidance for the quarter. Of these 105 companies, 77 have issued negative EPS guidance and 28 companies have issued positive EPS guidance. The number of …