Truthout
Economy & Labor
Calls for Boycott Grow After Kellogg Says It’s Permanently Replacing Strikers
Workers have said they have to work over 80 hours a week with little room to receive raises for newer employees.
Warren Slams Hertz for Raising Prices 147 Percent While Pursuing $2B in Buybacks
The company paid out about $19 million in bonuses to executives surrounding its bankruptcy.
As Columbia’s Endowment Grows to $14 Billion, Student Workers Demand Living Wage
Three thousand student workers at New York City’s Columbia University are on their fifth week of strike.
Baristas in Buffalo Are Poised to Unionize Using Starbucks’s Own PR Against It
Workers United members say their union drive may succeed tomorrow in part by turning Starbucks's own PR against it.
$18 Minimum Wage May Soon Be on the Ballot in California
Progressive activist Joe Sanberg has pledged to fund the signature campaign to get the initiative on the ballot.
Watchdogs Urge DOJ to Investigate Legality of Facebook’s Cryptocurrency Venture
With its pilot cryptocurrency program, Novi, Facebook is taking on banking functions without the necessary regulations.
US Tax Code Is Complicit in Helping Real Estate and Oil Tycoons Game the System
Trump and other ultrarich Americans have earned billions while managing to repeatedly avoid paying federal income tax.
Oil and Gas Industry Profits Climbed as Americans Faced High Gas Prices in 2021
Consumer advocates say that high gas prices are due to “the deliberate policies of energy producers” to pad profits.
Top Shareholders of Pfizer and Moderna Made Over $10 Billion After Omicron Arose
Moderna's CEO added over $800 million to his personal fortune after stock prices soared in response to the variant.
Sit-Down Strikes Renewed Labor. Workers Today Could Benefit From That Lesson.
At the height of the U.S. labor movement, seizing control of the means of production was a strategy — not just a slogan.