75,000 People Demand Bank Of America End Its Political Donations
Bank of America will be holding its annual shareholder meeting in Charlotte, North Carolina, on May 9th. A group of shareholders led by Trillium Asset Management will be introducing a resolution calling on the megabank to cease all political donations, as these “contributions can backfire on a corporation’s reputation and bottom line.” For example, retail giant
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Did Rupert Murdoch’s News Corp Use The Chamber Of Commerce To Lobby Against The Foreign Corrupt Practices Act?
Rupert Murdoch is “not a fit person” to run an international company, according to a report by a British parliamentary committee looking into phone hacking and other alleged abuses at News Corp. Critics have targeted British politicians including Prime Minster David Cameron for their ties to News Corp and its executives. But News Corp’s political
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Did Atlanta’s Mayor Hand Off Airport Space To Big Donors?
Atlanta’s Hartsfield-Jackson International Airport is the world’s busiest airport, with more than 78 million people using the facility in 2008 alone. That’s why as the airport expands, major businesses and vendors are scrambling to grab spaces to open restaurants, shops, and other retail outlets. The city moved late last year to award contracts to these
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Just Who Is Throwing Mitt Romney’s Next Fundraiser?
Now that he’s essentially wrapped up the Republican nomination for president, Mitt Romney has been enjoying a flood of big money. Apparently, Romney fundraisers “are now saying many of the big donors that had been staying ‘on the sidelines’ in the primary are coming to their camp and writing big checks.” Those donors in the
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Behind The Lobbying Effort That Helps Save Apple $2.4 Billion In Taxes A Year
The New York Times dropped another bomb on Apple’s “iEconomy” this weekend with an expose that shows how the world’s biggest corporation evades billions of dollars in taxes by creating subsidiaries in low-tax states and countries like Nevada, Ireland, the Netherlands, Luxembourg, and the British Virgin Islands. While some of Apple’s monumental success is due
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This May Day, Remember That Big Money Is The Reason American Workers Don’t Have More Rights — And Income
Today is May Day, a global day of celebrations in favor of workers’ rights — and the day that labor unions in the United States marked as their day of action to win an eight-hour workday. Yet as American unions and Occupy activists take to the streets to celebrate our hard-fought rights, it’s important to
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Leaked Documents Show How Corporations Have Veto Power Over ALEC Bills That Affect Our Lives Every Day
The corporate front group the American Legislative Exchange Council (ALEC) brings together legislators and powerful corporations. Drawing the vast majority of its funding from Big Business, ALEC serves as a conduit for corporations to write legislation and then pass it off to state legislatures to be secretly passed without citizens ever knowing that these laws
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Michelle Rhee Says She’ll Tell For-Profit Colleges To Clean Up Their Act
Michelle Rhee writes in the Huffington Post that “some have questioned” why she would speak at the upcoming annual meeting of the largest trade group of for-profit colleges, APSCU, and she offers an answer. I first raised this question 10 days ago, so I want to evaluate Rhee’s response. First of all, Rhee, the former chancellor
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