How corporate America is slashing DEI workers amid backlash to diversity programs Friday, July 7 by ABC News(NEW YORK) -- Years after the death of George Floyd shined a spotlight on societal inequities, diversity professionals say some companies are turning their backs on the progress that's been made to address them.Madison Butler is one of the many diversity, equity, and inclusion... Read More.
Weight loss company Jenny Craig to shut down corporate offices Monday, May 1 by ABC News(CARLSBAD, Calif.) -- Weight loss giant Jenny Craig may shutter its corporate offices as early as Friday as part of a likely transition to an e-commerce company, ABC News has learned.In WARN Act letters sent by the company to employees and obtained by ABC... Read More.
Pennsylvania ranks poorly in recent study about business-friendliness Saturday, January 21 by Louise BennettUNDATED – There have been recent efforts by Pennsylvania lawmakers to make the Commonwealth more business-friendly.However, a new report... Read More.
New FTX CEO says he’s never seen ‘complete failure’ of corporate controls in his career, including at Enron Thursday, November 17 by ABC News(NEW YORK) -- The new FTX CEO brought into shepherd the company through bankruptcy proceedings said he has never seen such a "complete failure" of corporate controls in his career, including during the Enron scandal."Never in my career have I seen such a complete... Read More.
Are record corporate profits driving inflation? Wednesday, July 20 by ABC News(NEW YORK) -- As prices for goods are on the rise, there has been a debate over how much control consumers have at the cash register.Some economists, like Rakeen Mabud of the Groundwork Collaborative, an economic policy think tank, say there isn't much attention... Read More.
State Legislators approve plan to cut Corporate Net Income Tax in half over next decade Saturday, July 9 by wcednewsHARRISBURG – The way businesses are taxed in Pennsylvania will be changing, and the state’s Chamber of Business and Industry is happy about the reforms.The Pennsylvania Legislature has approved a plan to cut the Corporate Net Income Tax rate nearly in half over the next... Read More.
Privacy fears emerge over corporate policies covering travel for abortion Friday, July 8 by ABC News(NEW YORK) -- Days after the Supreme Court overturned Roe v. Wade, a slew of major U.S. companies said they will cover travel costs for employees who cannot access an abortion where they live.High-profile brands like Apple, Target, Starbucks, Amazon and Disney, ABC News’... Read More.
Are record corporate profits driving inflation? Here’s what experts think Thursday, June 30 by ABC News(NEW YORK) -- While sky-high inflation has crunched budgets for essentials like gas and groceries, many large corporations have reported record profits, eliciting anger from some everyday people and public officials over price-gouging.Such frustration recently rose to the fore over eye-popping gas prices. Earlier... Read More.
Corporate America mostly silent on recent mass shootings: Experts Tuesday, June 7 by ABC News(NEW YORK) -- A mass shooting in Uvalde, Texas last week -- which left 19 children and two teachers dead -- has prompted outcry from figures across public life.President Joe Biden and Sen. Mitch McConnell. R-Ky., usually political opponents, both expressed horror at the... Read More.
Why some experts say corporate ‘net-zero’ emissions pledges could have net-zero impact on climate crisis Friday, November 5 by ABC News(NEW YORK) -- Dubbed a "code red for humanity" by the head of the United Nations, the Intergovernmental Panel on Climate Change said in its most-recent report that the impacts of human-induced climate change are already being seen in "every region across the globe"... Read More.