corporate America

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Research: Women's Ascent to Top Executive Jobs Hits a Wall

Report warns of an 'alarming turning point' in the road to gender parity

(Newser) - For the first time since S&P Global Market Intelligence began tracking the data in 2006, the percentage of top executive jobs held by women in corporate America declined last year. Researchers warned the shift could represent an "alarming turning point" in the progress toward gender parity in the...

This May Be an 'Epiphany' for Corporate America
This May Be an 'Epiphany'
for Corporate America
the rundown
Jan 12, 2021 8:44 AM CST

This May Be an 'Epiphany' for Corporate America

Businesses are halting political donations, but the big question is whether it's just a blip

(Newser) - "Just a few days ago, this would have been unthinkable." That's the assessment of Judd Legum, author of the Popular Information political newsletter, as relayed to David Leonhardt of the New York Times . He's referring to the unprecedented wave of big corporations that have halted political...

Musk Decries 'MBA-ization' of Corporate America

SpaceX and Tesla CEO says today's leaders are too focused on numbers, not innovation

(Newser) - Academia is often accused of being plagued by professors in ivory towers. In corporate America, according to Elon Musk, the problem may be too many MBAs. That was his take at the Wall Street Journal CEO Council summit on Tuesday, where he railed against business school grads running things in...

Women's Soccer Team Has Found a New Ally

Procter & Gamble supports the team's fight for equal pay

(Newser) - Players on the US Women's National Soccer Team have a new ally in their fight for equal pay: Procter & Gamble. The multinational corporation, also a team sponsor, placed a full-page ad in the Sunday New York Times pressing the governing body of US soccer "to be on...

Tech Giant's Plan Gets Leaked, City Reels

Google wants to develop, tax 350 acres of Toronto

(Newser) - Toronto got an eye-popper Friday when it learned that Google—which is aiming to transform 12 acres of Waterfront land with tech-friendly development—actually wants to develop 350 acres and draw profit from sources including higher property taxes and a share of developer fees, the Toronto Star reports. Politicians at...

Businesses Must Stop Worshiping Shareholders
Businesses Must Stop Worshiping Shareholders
OPINION
Jun 27, 2012 5:25 PM CDT

Businesses Must Stop Worshiping Shareholders

Emphasis on the short term is killing the economy: law professor

(Newser) - The notion that businesses exist solely to increase their stock prices and thus reward shareholders may be a "bedrock principal of our era," writes Jesse Eisinger at the Trade blog for ProPublica, but it also may be taking a serious toll on America's financial health. He sums...

CEOs Get Paid Big Bucks to Sit in Meetings, Eat Lunch
CEOs Get Paid Big Bucks to Sit in Meetings, Eat Lunch
study says
Feb 14, 2012 11:58 AM CST

CEOs Get Paid Big Bucks to Sit in Meetings, Eat Lunch

Study finds they spend a third of their time in meetings

(Newser) - It's no big secret that CEOs can make completely ridiculous amounts of money; what is less obvious to some is what they do that's so darn valuable. A group of London School of Economics and Harvard Business School scholars decided to dig into one aspect of CEOs' work...

DNC Ad Hits Romney on 'Corporations Are People'

While he stands by the comments

(Newser) - Democrats are trying to make political hay of Mitt Romney's "corporations are people" line in Iowa earlier this week, reports Politico . The DNC is out with a new ad that replays the candidate's exchange at the state fair, in which he argues that everything corporations earn goes...

Corporate America Has No Shame
 Corporate 
 America 
 Has No 
 Shame 
dana milbank
Jul 24, 2010 10:16 AM CDT

Corporate America Has No Shame

Today's mantra: Don't blame us, blame the government

(Newser) - Corporate America has "lost its sense of shame," writes Dana Milbank. Exhibit A is Don Blankenship of coal giant Massey Energy, who complained that federal regulations make it hard for companies to "pursue their careers, or their happiness." Aw, "poor CEO Blankenship," writes Milbank...

Dems Fight High Court's Campaign Finance Ruling

New law would seek to limit flood of corporate cash

(Newser) - Democratic legislators introduced a bill yesterday designed to mitigate the impact of the landmark Supreme Court ruling that gutted decades of campaign finance reform efforts. They’re hoping to get the bill passed ASAP, so corporate money can’t dominate the 2010 election—something that many fear would favor Republicans,...

Obama's a Fraud; Elect the TARP Queen
 Obama's a Fraud; 
 Elect the 
 TARP Queen 
Matt Taibbi
Oct 23, 2009 10:04 AM CDT

Obama's a Fraud; Elect the TARP Queen

Time to face it, Obama's not delivering

(Newser) - Almost a year into his presidency, Barack Obama appears to suck. He hasn’t closed Guantanamo Bay, health care reform is a debacle, and worst of all, he’s “completely whiffed” on fixing Wall Street, “siding with the financial status quo, who happen to be the bad guys,...

GOP: Dems Buddying Up to Big Business
GOP: Dems Buddying Up to Big Business
May 20, 2009 12:13 PM CDT

GOP: Dems Buddying Up to Big Business

Irony-proof party employs new strategy to battle climate bill

(Newser) - Senate Republicans are turning the tables on Democrats as the GOP battles a bill to fight climate change, Politico reports. A strategy memo says Republicans should paint the opposition as the party of big business, suggesting Dems are cozying up to “Wall Street traders,” “polluters,” and...

Time to Forget AIG and Nab Offshore Cash
Time to Forget AIG and Nab Offshore Cash
OPINION
Mar 23, 2009 11:40 AM CDT

Time to Forget AIG and Nab Offshore Cash

We're fretting about millions in bonuses, while firms hide billions

(Newser) - Everyone’s aflutter about the AIG bonuses—but there’s a much more lucrative way to take Wall Street to task than obsessing over $165 million, writes Joe Conason in Salon. The government should instead focus on the billions that financial firms are putting in offshore tax havens. Corporate tax...

States Get Creative as Jobs Disappear

Even as tax revenues shrink, states pay to entice employers

(Newser) - State governments, reeling from diminished tax revenues that have forced cuts in services and, in some cases, jobs, increasingly are offering tax breaks and incentives to employers in an effort to stimulate the job market, reports the Wall Street Journal. “Now is not the time to back off the...

AIG CEO Cuts His Pay to $1
 AIG CEO Cuts His Pay to $1 
Nov 25, 2008 12:00 PM CST

AIG CEO Cuts His Pay to $1

Edward Liddy gives up his salary and bonuses, others expected to follow

(Newser) - As Congress continues to bail out corporate America, CEOs are canceling bonuses and cutting pay for their top executives—but no one has come close to AIG top executive Edward Liddy, reports the New York Post. The CEO, who took over the troubled insurance company in September, will take home...

Guess Who Has the Most Trusted Brand in America?

Google proves you don't need advertising if consumers see you as good citizen

(Newser) - Google is officially the most trusted company in America, Advertising Age reports. The search giant’s rise is all the more incredible because it spends essentially nothing on advertising, and all the sweeter because it’s taking the top spot from rival Microsoft. Oil companies bring up the rear in...

Big Biz Takes Stock of Obama
Big Biz Takes Stock of Obama
Feb 14, 2008 2:15 PM CST

Big Biz Takes Stock of Obama

Democrat's limited record friendlier than CEOs might think

(Newser) - Barack Obama’s Potomac victories put him into stronger position to claim the Democratic presidential nomination, something business leaders are just wrapping their heads around, Business Week reports. So far, they’re not sure what an Obama administration might mean, but he’s earned kudos from billionaire Warren Buffett, former...

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