The slow collapse of traditional retailing is attributable to Amazon more than any other single company. We’re sad to report, then, that a new study finds that a new Amazon warehouse won’t create any jobs in your decrepit town, at all.
Amazon is a company worth $678 billion whose CEO is the richest man in the history of the world. Oddly, it is also the perpetrator of one of the biggest welfare scams America has ever seen. It’s even worse than you think!
Since the passage of the GOP’s wildly unpopular and regressive tax bill, American companies have been coming out of the woodwork to announce they are using their tax windfalls to invest in their employees. Even nominally “liberal” companies like Apple and Starbucks have credited Congressional Republicans and the Trump…
Thermo Fisher Scientific is an $86 billion biotech company whose CEO is attempting to pull off his greatest feat yet: convincing his employees that their $500 bonuses are a result of the brilliant economic policies of Donald Trump.
Kneel, once-great American cities! Debase yourselves before your god, The Amazon Corporation! Lo—Jeff Bezos is your lord, and your city’s mayor is his humble servant!
The CEO of the world’s largest money manager has decided—to much fanfare—to tell corporate America that they must “serve a social purpose” and make a “positive contribution to society.” The spectacular delusion and hypocrisy that enable such a statement to be made is something worth examining for its sheer shock…
You know what’s bullshit? Bonuses. More money for workers is always good, but it’s far less good when it comes in the form of a conditional infusion of cash that only serves to keep employees on edge in the long term while making employers look like generous trickle-down angels in the short term. Remember Dirty Dancing…
More than 800 executives from the nation’s largest corporations—including Univision, which owns Splinter—are patting themselves on the back for urging elected officials to support the young, undocumented immigrants who are losing protections from deportation and the right to legally work in the U.S. The CEOs from…
The Los Angeles Times has lots of challenges, including years of harsh staff cuts, a corporate parent of questionable value, and an ongoing union drive at a historically anti-union company. Brand-new Times editor Lewis D’Vorkin is taking on the most important challenge first: what his employees must not tweet.
On the day of Armageddon, when all is in flames, there will be a rich person saying that—though it may sound radical—it may not be too early to start undertaking a study of these problems we seem to have.
Perhaps you, a non-tech-savvy regular moron, have walked past a “WeWork” location in your city and wondered to yourself, “What the hell is so special about this stupid office space company? Turns out you were right!
In America, business is doing well. Investors are doing well. And workers, for decades, have gained almost nothing. There is a very simple solution: share the profits.
Yesterday, Amazon announced that it is searching for a new city to build a second, massive, $5 billion headquarters. Exciting? No. Disgusting. This is what the extortion of public resources looks like.
The future is not completely unpredictable. Many of the most powerful economic and political trends in this country can be found inside an Amazon warehouse. And what happens to the workers there will say a lot about our collective future.
This week, several more CEOs of major corporations resigned from the White House’s Manufacturing Council, citing concerns with President Trump’s conduct and policies. For those looking to all the other CEOs to rise up as moral beacons: Look elsewhere.
A trucking company whose predatory truck lease scheme forced drivers to work illegally long hours, fired a driver after he shared his story with USA Today.
StoryCorps, a company that is currently running an anti-union campaign, told us this week that they are not “anti-union.” This is a common refrain. But what does it mean? Let us provide some clarity.