Nearly 50,000 GM workers are striking for better pay and job security as executives and financiers benefit from record profits.
Wall Street
Wall Street Billionaires Set to Mingle with Mike Pence at Major Financial Conference
Top Wall Street leaders who profit off of everything from fossil fuels to widespread austerity are set to hobnob with Mike Pence at a major financial conference.
Wendy’s Billionaire Owner Spurns Farmworkers While Profiting Off Pension Funds
Nelson Peltz spurns the Fair Food Program, which ensures better wages and working conditions for farmworkers, even as he oversees billions in worker pension funds.
Wall Street, former CEO seek to get paid while Blackjewel miners wait for back wages
Private equity backing and self-dealing featured at the bankrupt coal firm whose workers are still waiting for pay.
Private Prisons Now Face 87.4% Financing Gap as Banks Continue to Flee Industry
Eight banks have committed to ending their future financing of the private prison industry – amounting to 87.4% of the credit lines and term loans of CoreCivic and GEO Group.
Bank of America Says It Will Stop Financing Private Prisons & Detention Centers. So Should SunTrust.
Bank of America, Wells Fargo and JPMorgan Chase have said they’ll stop financing private prisons and detention centers. Will SunTrust do the same?
Buffalo Banks Are Financing the Climate Crisis
Buffalo’s biggest banks are lending hundreds of millions to fossil fuel companies and funding a lobbying effort against climate action in New York.
Las Batallas de la Deuda de Puerto Rico: La Junta Demanda a Medio Mundo
La Junta está demandando a bancos y a bonistas para recuperar miles de millones en deudas. De lograrse, este dinero podría utilizarse para servicios esenciales, como las pensiones y las escuelas públicas.
Puerto Rico’s Debt Battles: The Oversight Board Goes on a Suing Spree
The Oversight Board is suing banks and bondholders to recover billions in debt. If successful, the funds could go to essential services for Puerto Ricans like pensions and schools.
Major U.S. Banks & Hedge Funds Sponsoring Gala to Honor Brazil’s Jair Bolsonaro
Corporate backers of an upcoming gala honoring far-right Brazilian president Jair Bolsonaro are facing growing scrutiny. Will they pull their sponsorship?
Wall Street Billionaire Who Owns Wendy’s Gives Big to Trump While Refusing Farmworkers’ Demands
Billionaire hedge fund manager and Wendy’s owner Nelson Peltz owns a $123 million Florida estate and gives big to Donald Trump – but he refuses to pay a penny more per pound of tomatoes so farmworkers can have better wages and working conditions.
Hedge fund-backed think tank Manhattan Institute publishes blog post sympathizing with killer the day after Christchurch attack
The Manhattan Institute, an influential New York think tank, has been publishing an anti-Islamic conspiracist for more than a decade