Nearly two-thirds of companies operating in America reported owing no taxes from 1996 through 2000. Over 90 percent of large corporations — with at least $250 million in assets or $50 million in gross receipts — reported owing taxes of only under 5 percent.
[Read more]Will Corporate Theft from Workers Be Taken As Seriously as Swindling Investors?
Experts on compensation say that the illegal doctoring of hourly employees’ time records is far more prevalent than most Americans believe. The practice, commonly called shaving time, is easily done and hard to detect – a simple matter of computer keystrokes – and has spurred a growing number of lawsuits and settlements against a wide range of businesses.
[Read more]Democracy Run Amok? An Excess of Ballot Initiatives Plagues California
An unusually large number of ballot initiatives have substantial backing from groups like the state Chamber of Commerce, statewide organizations of California cities and counties, individual state legislators and activist organizations. They are paying millions to get the signatures needed to make the November ballot. Many will succeed. This may be good for their causes, but it’s bad for California.
[Read more]Wal-Mart Loses a Battle, But Why Was It Allowed to Fight?
Wal-Mart Inc. executives aren’t used to losing, but the world’s largest corporation took a beating from citizens in the Los Angeles suburb of Inglewood.
[Read more]USDA and Beef Industry Giants Fight Small Producer Wanting to Ensure Safe Meat
Costco’s Dilemma: Is Treating Employees Well Unacceptable for a Publicly-Traded Corporation?
When it comes to workers, companies can be accused of not paying enough — or paying too much.
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