Truthout
Economy & Labor
![BP logo is seen at a petrol station in Krakow, Poland, on August 30, 2021.](https://truthout.org/app/uploads/2022/11/2022_1101-bp-400x300.jpg)
BP Sees $8.2 Billion in Third Quarter Profits as People Struggle to Heat Homes
BP will buy back $2.5 billion worth of its own stock amid calls for a more aggressive windfall tax in the U.K.
![President Joe Biden speaks to the press after voting early in Wilmington, Delaware, on October 29, 2022.](https://truthout.org/app/uploads/2022/10/2022_1031-biden-400x300.jpg)
“Political Game Changer”: Biden Calls for Tax on Big Oil’s Excess Profits
“This is exactly the type of leadership we’ve been waiting for from President Biden,” one climate activist said.
![Starbucks union organizers, several who have recently been fired for their labor activities, protest outside the home of CEO Howard Schultz on Labor Day, September 5, 2022, in New York City.](https://truthout.org/app/uploads/2022/10/GettyImages-1421286284-400x300.jpg)
Starbucks Workers at the NYC Roastery Strike Against Unsafe Work Conditions
Striking workers have had to endure a bed bug infestation in their break rooms and mold in their ice machines.
![Palestinian farmers walk towards an Israeli checkpoint before attempting to cross into their land, which was divided by Israel's separation wall, near the West Bank village of Bayt Awwa, on October 22, 2022.](https://truthout.org/app/uploads/2022/10/GettyImages-1244139323-400x300.jpg)
Palestinians Work to Cultivate Food Sovereignty in the Face of Israeli Apartheid
For Palestinian farmers, cultivating the land goes hand in hand with protecting it from colonial confiscation.
![People attend a rally calling for attention to the living conditions of the low-income people in Washington, D.C., on June 18, 2022.](https://truthout.org/app/uploads/2022/10/2022_1028-poverty-400x300.jpg)
Poverty Is at Emergency Levels in the US. Why Isn’t It a Midterm Election Issue?
Issues like raising the minimum wage and expanding health care should be front and center.
![JP Morgan Chase ceo and chairman Jamie Dimon](https://truthout.org/app/uploads/2022/10/2022_1027jpmorganchase-400x300.jpg)
Wall Street Shrugs Off Biden and Reaffirms Commitment to Saudi Monarchy
Even as President Biden questions the U.S.-Saudi alliance, big banks in the U.S. are cozying up to the crown prince.
![Andy Jassy, Amazon President & CEO is pictured at The Culver Studios on August 15, 2022, in Culver City, California.](https://truthout.org/app/uploads/2022/10/2022_1027-amazon-400x300.jpg)
Labor Officials Say Amazon CEO’s Anti-Union Comments Violated Federal Labor Law
CEO Andy Jassy said in interviews earlier this year that workers are “better off” without a union.
![Travelers are silhouetted while sitting under Starbucks Coffee logo in the arrivals hall at Terminal 1 in Humberto Delgado International Airport Humberto Delgado International Airport on October 7, 2022, in Lisbon, Portugal.](https://truthout.org/app/uploads/2022/10/2022_1025-starbucks-400x300.jpg)
Starbucks Walks Out of Union Contract Negotiations After Months of Delays
The sessions were supposed to kick off bargaining for stores that have been waiting for months to negotiate a contract.
![People walk past activists as they participate in a picket line outside Starbucks CEO Howard Schultz on July 19, 2022, in New York City.](https://truthout.org/app/uploads/2022/10/2022_1024-starbucks-union-400x300.jpg)
Starbucks Union Celebrates as Last of 7 Fired Memphis Organizers Is Reinstated
The reinstatement of the “Memphis Seven” comes as contract negotiations are beginning across stores.
![People wait in line outside the U.S. Supreme Court building to hear oral arguments on October 3, 2022, in Washington, D.C.](https://truthout.org/app/uploads/2022/10/2022_1021-supreme-court-400x300.jpg)
Corporate Lobbyists Persuaded Supreme Court to Throw Out Pro-Worker Ruling
Corporate lobbyists are using amicus briefs to persuade the right-dominated Supreme Court to attack workers’ rights.