Author Archives
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Peloton Gives Free Memberships To 2800 Laid-Off Workers — Execs Get A Golden Parachute
According to Securities and Exchange Commission filings, executives and insiders sold nearly $500 million in Peloton stock right before it crashed last November.
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Amazon Dodges $5.2 Billion In Taxes For An Effective Rate Of 6 % In 2021 — “Class Warfare” In Action
Matthew Gardner, a senior fellow at the Institute on Taxation and Economic Policy, noted one of the causes of the wealth inequality crisis: “These are tax breaks that Congress has endorsed and even expanded.”
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Cryptobros Are Shelling Out Big Bucks For Digital “NFT Girlfriends” Who Won’t Leave Them
Jake went on to explain, “I have all the power in the relationship, and it’s very reassuring for a guy like me that doesn’t have quite the same dominance with real-life women.”
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Mansion Riddled Suburb Uses Environmentalism As Excuse To Deny Affordable Housing Projects
“This is nimbyism disguised as environmentalism… The notion that building duplexes hurts mountain lions – it’s just ridiculous.”
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Starbucks Profits Up 31% Last Year — And It Has The Nerve To Blame Recent Price Hikes On Inflation?
Adding insult to injury, in a year that he was trying to characterize as difficult, Mr. Johnson’s salary jumped to a whopping $20.4 million due to his new CEO pay raise.
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Historic Bridge In Rotterdam Is Blocking Jeff Bezos’ Massive Superyacht — He Wants It Taken Down
The custom shipbuilder Oceanco allegedly asked the city of Rotterdam to dismantle the nearly 100-year-old bridge, adding that Bezos would, of course, pay to take it down.
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The New York Times Just Got Caught Union-Busting In Leaked Memos: NLRB Files Complaint
The NewsGuild of New York has filed a complaint with the NLRB, accusing the Times of violating federal labor law by adding new paid holidays — but only for non-union employees.
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Manchin Gets A Reward Of 300k From Corporate Donors Right After Tanking The BBB Legislation
Reportedly, many of the executives who contributed to Manchin’s campaign have also donated cash to other political operations for the GOP, including those of former President Donald J Trump.
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Young Starbucks Baristas Are Flexing Their Collective Power In Recent Fights To Unionize Across The US
“I do think, right now, this is the canary in the coal mine for the union and for the industry,” a research analyst from MKM Partners warned.
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Rents Hit Another Alarming Record High — Soaring To 12% Above Last January
US renters paid $1,374 on average for a one-bedroom unit in January. That’s an increase of 12% and a new record over last year when renters only needed to pay about $1,217.
Economic Left 