World markets react to U.S. interest rate cut
Yesterday the U.S. Federal Reserve slashed its key interest rate to historic lows in an effort to pull the world's largest economy out of recession. Today the rest of the world's markets react. Justin...
View ArticleDid Wall Street bonuses spark the economic collapse?
The profits on Wall Street are long gone. This week, Goldman Sachs, a longtime top performer, reported a quarterly loss of more than $2 BILLION, which is its first quarterly loss since going public...
View ArticleNew lead testing law angers small manufacturers, retailers
On February 10th a controversial new consumer product law goes into effect. It requires manufacturers of goods aimed at children under the age of 12 to test their products for lead. It also forbids...
View ArticleHugo Chavez humbled in the face of falling gas prices, maybe
Venezuelan President Hugo Chavez is a frequent (and loud) critic of the United States. Despite his dislike for the country, the nationalized oil business that props up the nation's economy sells...
View ArticleWall Street salary caps breaking ground, making waves
Yesterday President Obama announced that companies receiving federal bailout money must cap their executives no more than $500,000 a year. Is a pay limit helping the economy? Or is it simply a PR move?...
View ArticleBursting the auto-industry bubble
General Motors Corp. sent the stock market lurching downward yesterday after its annual report expressed doubts about corporate viability. Could The Big Three go bankrupt? Critics such as The Truth...
View ArticleGM's CEO steps down. If you had the job, how would you save the American car?
Rick Wagoner, CEO of General Motors Corp., is stepping down. The move came at the request of President Obama, who is seeking to reform the U.S. car industry in a gloomy economic climate. So it's time...
View ArticleAsk Ford CEO Alan Mulally about future of the U.S. auto industry
Like a Rock, or a little rocky? Ford Motor Co., the innovator behind the Model T, is seeing its sales slide as GM and Chrysler seek a government bailout. What's Ford's new model for the American car?...
View ArticleThe Pay Czar: Setting the Pay Scale for Executives
In response to criticism of outlandish executive pay, the government is now tightening the reins. Yesterday, Treasury Secretary Timothy Geithner announced the brand new position of "pay czar" and...
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Life, Inc.: The Corporatization of Us
In his new book Life Inc.: How the World Became a Corporation and How to Take It Back, author Douglas Rushkoff says that to get out of the current economic crisis, Americans must rethink their...
View ArticleEliot Spitzer on Regulatory Reform (And His Own Future)
President Obama has proposed sweeping changes to the regulation of the country's financial system. But do these changes actually address the root causes of our financial crisis? For one view, we turn...
View ArticleCongress Eyes Financial Giants 'Too Big to Fail'
Are you a company that is "too big to fail?" Well, Congress hopes, someday, to have a plan for you. Louise Story, finance reporter for The New York Times, joins us with a look at the federal...
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Addressing Climate Change One Prank at a Time
Last week close to a million New Yorkers received a special edition of the New York Post emblazoned with the giant headline: "We're Screwed!" Plausible as the headline seemed, the paper was not the...
View ArticleRep. Barney Frank on Banking Reforms
Up on Capitol Hill, lawmakers are talking a good game about the need to regulate banks and enforce limits on executive salaries. But how close are we to real reform on these issues, and what's going to...
View ArticleThe Health Insurance Industry Goes on the Offensive
In the high-volume debate about heath care reform, one major player has been notably quiet: the health insurance industry. For the most part, the industry has given faint support to reform, but that...
View ArticleWhite House to Curb Executive Pay at Bailed-Out Banks
According to Bloomberg News, Wall Street bonuses are on track to increase by 40 percent this year. But as our partner The New York Times reports, the Obama administration will order the companies that...
View ArticleDebate Over Pay Cuts at Bailed-Out Banks
The Obama administration plans to cut executives' pay at companies that received taxpayer money as part of the financial bailout. Meanwhile, the Federal Reserve says it will monitor bank pay packages...
View ArticleTakeouts: Lieberman, Bailouts, and Listeners on Cleanliness
Washington Takeout: The Takeaway's Washington correspondent, Todd Zwilich, explains the surprisingly staunch and early stance from Sen. Joe Lieberman (I-Conn.) against the Democratic health reform bill...
View ArticleTakeouts: Democrats Unveil Sweeping Corporate Reform Bill, NCAA Tournament...
FINANCIAL TAKEOUT: There has been a lot of talk about financial reform, but today, there will be some action. Connecticut's Senator Chris Dodd, chairman of the Senate Banking Committee, unveils a new...
View ArticleCorporate Directors Dodge Scrutiny After Companies Collapse
Two years after the collapse of Lehman Brothers, its directors remain in high demand in corporate America. In fact, rather than face the public outrage and scrutiny that marred the reputations of...
View ArticleHow Public Bonds End Up Financing Wineries, Golf Courses, and More
They’re called qualified private activity bonds, and they’re intended to encourage public works through a tax break. In reality, though, they often go to subsidize private projects — everything from a...
View ArticleTax Dodgers: U.S. Fears Firms Who Choose to be 'Un-American'
A trend is catching hold among large corporations in the United Sates, and its consequences could be devastating for the corporate tax base.U.S. companies are increasingly deciding to relocate overseas...
View ArticleHealing Society, One Latte at a Time?
What do we expect from the businesses and corporations we interact with every day? When we make transactions—to buy our groceries, our coffee, or the clothes we wear—do we expect more from businesses...
View ArticleCornered
Harper’s and Financial Times contributor Barry C. Lynn discussing an alarming trend: the widespread consolidation of power in nearly every imaginable sector of the American economy.In Cornered: The New...
View ArticleElection Fall-Out: Net Neutrality, Freelancers, Space
We shine the spotlight on a few smaller issues that were affected significantly by the results of last Tuesday's election. Siva Vaidhyanathan, associate professor of media studies and law at the...
View ArticleCompany Towns
Business journalist Hardy Green talks about how company towns have shaped the American economy. In The Company Town: The Industrial Edens and Satanic Mills That Shaped the American Economy he looks at...
View ArticleWhat Happened at Pfizer
Peter Elkind, Fortune editor-at-large, and Jennifer Reingold, Fortune senior editor, discuss the inside story of revenge, betrayal, and power at the top of Pfizer, the world’s largest drug company....
View ArticleExplainer: Corporate Tax Rates
President Obama has proposed overhauling the corporate tax structure, lowering the rate and eliminating loopholes. Peter Coy, economics editor for Bloomberg Businessweek, explains.
View ArticleTax Day Protests Target US Corporations
About 100 protesters gathered outside Foley Post Office in Midtown Manhattan on tax day to rally against U.S corporations, which they claim do not pay their fair share of taxes.Edgar Andrade, owner of...
View ArticleOpen Phones: Weight and Responsibility
This week on ABC News Governor Chris Christie talked about his weight problem. At the same time, the soda industry began firing back against Mayor Bloomberg’s beverage size regulations. Is YOUR weight...
View ArticleOpinion: Sorry Mitt Romney, I Don't Want a Businessman for President
What kind of businessman is Mitt Romney? That's the question that is coming to animate the campaign. It's Mitt's fault, really. He ran as a man who would bring business experience to running...
View ArticleThe Fine Print
David Cay Johnston explains the ways corporations hide sneaky stipulations in contract, often with government permission. In The Fine Print: How Big Companies Use "Plain English" to Rob You Blind, he...
View ArticleComptroller Sues Tech Giant Qualcomm Over Corporate Political Spending
New York State Comptroller Thomas DiNapoli is suing Qualcomm in an attempt to compel the wireless technology company to disclose the details of its political spending. DiNapoli is sole trustee of the...
View ArticleFortune 500 Features 52 New York Companies
Fifty-two New York companies including JPMorgan Chase, McGraw-Hill and Estée Lauder are part of this year's Fortune 500.The list from Fortune magazine ranks the largest American corporations by...
View ArticleCorporate Power and the Failure to Protect Public Health
The chemical spill that polluted the drinking water in Charleston, West Virginia, last month raised a lot of questions about the failures to prevent such an accident and protect the public. Nicholas...
View ArticleA Corporate Idealist Inside BP
Christine Bader talks about the “Corporate Idealists” inside the world’s biggest and best-known companies, who push for safer and more responsible practices. was one of those people at BP—until a...
View ArticleBig Blue on the Brink
The company IBM has a history dating back to the 19th century. It has been one of the most powerful information technology companies in the world, but the last 20 years have been rocky. Robert Cringely...
View ArticleThe Changing Shape of Workers Compensation
Reporter Michael Grabell discusses his latest story for ProPublica, “Tyson Foods' Secret Recipe for Carving Up Workers' Comp,” about how Tyson Foods has taken a lead in reshaping workers compensation...
View ArticleWhat Drives Corporate Activism? (Surprise! It’s Money)
Why - and when - do corporations care about gay rights?Susan McPherson, a corporate responsibility expert and founder and CEO of McPherson Strategies, a communications consultancy firm focusing on the...
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Column: The rise and fall of the U.S. corporation
The dirty outline where the sign hung for a Blockbuster movie rental store. Photo by Rick Wilking/ ReutersEditor’s Note: For the latest Making Sen$e report, economics correspondent Paul Solman traveled...
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Column: How lightweight enterprises are outperforming industry heavyweights
The Netflix logo is shown in this illustration photograph. Photo by Mike Blake/ReutersEditor’s Note: This is the third in a series of excerpts we are publishing from sociologist Jerry Davis’s new book,...
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GE, other corporations shop for best relocation deals
Watch Video | Listen to the AudioCHRISTOPHER BOOKER: For more than 40 years, these two buildings tucked away in the leafy enclave of Fairfield, Connecticut housed the headquarters of one of the largest...
View ArticleSession's Department of Justification; Trump’s Corporate America; Unpacking...
Coming up on today's show:Emily Bazelon, staff writer for the New York Times Magazine and the Truman Capote fellow at Yale Law School, provides legal analysis of how the Justice Department works and...
View ArticleTrump’s Corporate America
Rhode Island Senator Sheldon Whitehouse, who has served as a federal and state prosecutor, environmental advocate, government reformer, and now author of Captured: The Corporate Infiltration of...
View ArticleQuestions for the Big Disruption
Seeing an impending disruption in human society along the lines of the Renaissance or the Industrial Revolution, David J. Rothkopf, CEO and editor of FP group and the author of The Great Questions of...
View ArticleTrump Administration Unveils Plan for Major Tax Overhaul
Michael Graetz, Columbia Law School professor and former deputy assistant secretary for tax policy at the Department of the Treasury and co-author with Linda Greenhouse of The Burger Court and the Rise...
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Corporations go overseas to avoid U.S. taxes
Watch Video | Listen to the AudioBy Zachary Green and Ivette FelicianoPRESIDENT DONALD TRUMP: My economic team is developing historic tax reform…PATRICIA SABGA: From the White House to Capitol Hill,...
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Can some corporations become forces for good?
Watch VideoBy Christopher Booker and Connie KargboCHRISTOPHER BOOKER: A tour through the New Belgium Brewing Company in Fort Collins, Colorado, passes through the bottling facility and brewhouse,...
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Trump, Republicans propose far-reaching tax reform
U.S. President Donald Trump delivers a speech on tax reform during an event with workers at the Andeavor Refinery in Mandan, North Dakota, U.S., September 6, 2017. REUTERS/Jonathan ErnstWASHINGTON —...
View ArticleWATCH LIVE: Trump to promote tax plan in address to manufacturers group
RELATED LINKSWho wins and loses in the GOP’s proposed tax overhaul Trump, GOP consider surtax on wealthy, doubling standard deduction WASHINGTON — President Donald Trump will promote his plan for a...
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