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...administration has, after all, reasserted the role of the state in the US economy in ways we haven’t seen for half a century: supporting re-industrialisation, subsidising strategic industries, boosting unions...
...The union gives you the power to sit across the table from these huge corporations that are making billions of dollars....
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, warned of “significant downside risks to the banking industry”....
...Big airlines and the Irish prime minister have warned that maintaining the cap could hit an economy where multinationals such as Microsoft, Apple, Google and Pfizer pay billions of euros in corporation tax...
...However the new minimum corporation tax would mark an increase from the 15 per cent that was implemented in 2022 as part of the Inflation Reduction Act....
...t expect a boosterish celebration, however: Maing and Story’s observational film is a warts-and-all document of scrappy 21st-century labour action in all its uncertainties against a multibillion-dollar corporation...
The OECD’s agreement on fair, minimum taxation on large businesses will be implemented this year
...Joe Biden will try to stamp out doubts about his re-election prospects in his State of the Union speech on Thursday, while laying out the choice facing American voters in this year’s presidential race....
...“Allowing one of our nation’s largest steel manufacturers to be purchased by a foreign-owned corporation leaves us vulnerable when it comes to meeting both our defence and critical infrastructure needs,”...
...Corporations would pay at least 21 per cent in tax, he said. How did Biden handle the politics of abortion?...
...One recent survey found a 15-point increase since January 2022 in those who say “corporations are being greedy”; 59 per cent of the public now think private sector profiteering is a major cause of inflation...
...He already said during the SOTU that corporations needed to pay more taxes so expect to hear him aim his sights at corporations more as he hits the campaign trail....
...“American corporations that want to operate in Europe are going to have to abide by regulations around disclosure and reporting that they have been fiercely lobbying against in the US,” said Mark Campanale...
...The board of the International Finance Corporation is meeting on Thursday under growing pressure to pay compensation to alleged victims of child sexual abuse in a network of schools in Kenya operated by...
...In a globalised market, the workers have more incentive to seek investment in their industries than large public corporations that can place jobs or investments anywhere, according to McCall....
...But the merger is opposed by the United Steelworkers labour union....
...The commission said it “takes note of today’s judgment of the Court of Justice of the European Union confirming the 2021 judgment of the General Court which annulled the commission’s 2017 decision”....
...Unions have scored some notable wins over the past two years....
...closely aligned with those of the commodity conglomerates that dominate the global food trade, as set out in this report by Vincent Kiezebrink for the Amsterdam-based Centre for Research on Multinational Corporations...
...Since then, it has raised capital from investors including India’s Tata Electronics, Taiwan’s United Microelectronics Corporation, and US-based contract chip equipment manufacturer Lam Research....
...He’s also likely to take aim at corporations for raising consumer prices....
...Ireland is set to invest more than half of its coming corporation tax windfall in two new sovereign wealth funds, providing revenue for infrastructure projects and future economic challenges....
...Now our economy is the envy of the world,” Biden said in his State of the Union speech on Thursday....
...The Greek government would retain a stake in the airport even after the IPO through the Hellenic Corporation of Assets and Participations, a separate government body that owns 25 per cent and holds a significant...
...The deal, which needs to be approved by US regulators, is facing opposition from senators and the United Steelworkers, a 1mn-strong union....
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