In Social Policy Bill, Businesses See a Lot to Like. They Oppose It.

Resistance to tax increases outweighs the appeal of a $3.5 trillion measure containing child care credits and other items that corporations embrace.

#american-families-plan-2021, #business-roundtable, #corporate-taxes, #federal-taxes-us, #income-inequality, #tax-cuts-and-jobs-act-2017, #united-states-chamber-of-commerce, #united-states-economy, #united-states-politics-and-government

Goldman Sachs Mandates Vaccines for Its Workers and Visitors

The bank’s announcement comes after the Food and Drug Administration gave full approval for the Pfizer-BioNTech coronavirus shots.

#business-roundtable, #chevron-corporation, #coronavirus-2019-ncov, #cvs-caremark-corporation, #disney-walt-world-lake-buena-vista-fla, #vaccination-and-immunization

The Mogul in Search of a Kinder, Gentler Capitalism

Lynn Forester de Rothschild, founder of the Coalition for Inclusive Capitalism, believes change will come when hedge fund billionaires and Pope Francis work together.

#business-roundtable, #capitalism-theory-and-philosophy, #coalition-for-inclusive-capitalism, #content-type-personal-profile, #corporate-social-responsibility, #de-rothschild-lynn-forester, #executive-compensation, #executives-and-management-theory, #high-net-worth-individuals, #income-inequality, #ubben-jeffrey-w

Hundreds of Companies Unite to Oppose Voting Limits, but Others Abstain

Amazon, Google, G.M. and Starbucks were among those joining the biggest show of solidarity by businesses over legislation in numerous states.

#buffett-warren-e, #business-roundtable, #chenault-kenneth-i, #corporate-social-responsibility, #executives-and-management-theory, #frazier-kenneth-c, #law-and-legislation, #voter-registration-and-requirements

Business Has Only One Political Party: Profit

When C.E.O.s speak out against Republican priorities, it isn’t the flip-flop of alliances it appears to be.

#all-star-games, #athletics-and-sports, #business-roundtable, #corporate-social-responsibility, #georgia, #united-states-politics-and-government, #voting-and-voters

Are Democrats Friends with Big Business Now?

When C.E.O.s speak out against Republican priorities, it isn’t the flip-flop of alliances it appears to be.

#all-star-games, #athletics-and-sports, #business-roundtable, #corporate-social-responsibility, #georgia, #united-states-politics-and-government, #voting-and-voters

Inside Corporate America’s Frantic Response to the Georgia Voting Law

Companies like Delta are caught between Democrats focused on social justice and populist Republicans. They face major political consequences no matter what they do.

#american-airlines, #bastian-edward-h, #black-people, #business-roundtable, #chenault-kenneth-i, #civil-rights-and-liberties, #coca-cola-company, #corner-office, #corporate-social-responsibility, #delta-air-lines-inc, #frazier-kenneth-c, #george-floyd-protests-2020, #georgia, #home-depot-inc, #kemp-brian-p, #law-and-legislation, #lesser-richard, #lewis-william-m-jr, #lobbying-and-lobbyists, #naacp-legal-defense-and-educational-fund, #quincey-james-1965, #republican-party, #state-legislatures, #united-parcel-service-inc, #voter-registration-and-requirements

Sam’s Club C.E.O. on the Company’s High Sales and Low Wages

Kathryn McLay, an Australian who worked for years in finance, wants employees to know “how valued they are.”

#business-roundtable, #executives-and-management-theory, #labor-and-jobs, #minimum-wage, #sams-club, #shopping-and-retail, #wages-and-salaries, #walmart-stores-inc

Business Leaders, Drawn Into Fray by Trump, May Step Back Under Biden

Since President Trump took office, corporate America has been thrust into the culture wars like never before. The atmosphere would probably be different with a Biden administration.

#biden-joseph-r-jr, #box-inc, #business-roundtable, #corporate-social-responsibility, #fink-laurence-d, #levie-aaron-w, #presidential-election-of-2020, #trump-donald-j

Stakeholder Capitalism Gets a Report Card. It’s Not Good.

The pandemic and the movement for racial justice have tested corporate pledges to elevate social concerns alongside shareholder interests. A new study finds companies are failing to follow through.

#amazon-com-inc, #benioff-marc, #blackrock-inc, #boards-of-directors, #business-roundtable, #capitalism-theory-and-philosophy, #coronavirus-2019-ncov, #corporate-social-responsibility, #corporations, #ford-foundation, #marriott-international-inc, #wages-and-salaries

How Liberals Opened the Door to Libertarian Economics

Milton Friedman’s free-market ideas found favor in a free-love era and helped redirect the country toward the right. The aftershocks of his radical arguments are still being felt today.

#antitrust-laws-and-competition-issues, #business-roundtable, #economics-theory-and-philosophy, #friedman-milton, #income-inequality, #libertarianism-us-politics, #regulation-and-deregulation-of-industry, #united-states-economy, #united-states-politics-and-government

Has Business Left Milton Friedman Behind?

The economist taught a generation of corporate leaders that profit should be their main motive. A new group of C.E.O.s begs to differ.

#benioff-marc, #berkshire-hathaway-inc, #buffett-warren-e, #business-roundtable, #corporate-social-responsibility, #friedman-milton, #salesforce-com-inc

In Argentina’s Debt Negotiations, a Kinder, Gentler Capitalism Faces a Test

BlackRock, the world’s largest asset management company, is opposing a debt settlement deal with Argentina as the country grapples with soaring poverty and the pandemic.

#argentina, #blackrock-inc, #business-roundtable, #coronavirus-2019-ncov, #corporate-social-responsibility, #economic-conditions-and-trends, #fernandez-alberto-1959, #fink-laurence-d, #georgieva-kristalina-ivanova, #government-bonds, #gramercy-funds-management-llc, #international-monetary-fund, #macri-mauricio, #pensions-and-retirement-plans, #poverty, #stiglitz-joseph-e

A Four-Point Plan for Fixing the Economy

A heavyweight group of economists and former policymakers have outlined a flexible approach to supporting the recovery not tied to any specific date.

#apple-inc, #aspen-institute, #business-roundtable, #coronavirus-aid-relief-and-economic-security-act-2020, #coronavirus-reopenings, #furman-jason, #geithner-timothy-f, #hubbard-r-glenn, #police-reform, #shutdowns-institutional, #united-states-economy

America, We Break It, It’s Gone

Where can we find the leadership to save the U.S.?

#bottoms-keisha-lance, #business-roundtable, #demonstrations-protests-and-riots, #facebook-inc, #floyd-george-d-2020, #george-floyd-protests-2020, #lincoln-abraham, #minneapolis-minn, #republican-party, #social-media, #united-states

Some Companies Seeking Bailouts Had Piles of Cash, Then Spent It

They poured the money into stock buybacks and dividends. Now, those hurting from the pandemic want government aid.

#american-airlines, #boeing-company, #buffett-warren-e, #business-roundtable, #coronavirus-aid-relief-and-economic-security-act-2020, #creed-greg, #davebusters-inc, #dimon-james, #fast-food-industry, #fink-laurence-d, #kentucky-fried-chicken, #mcdonalds-corporation, #papa-johns-international-inc, #restaurants, #stock-buybacks, #yum-brands-inc

Big Business Pledged Gentler Capitalism. It’s Not Happening in a Pandemic.

C.E.O.s who signed a celebrated Business Roundtable document, promising to elevate worker interests, are now resorting to furloughs.

#business-roundtable, #coronavirus-2019-ncov, #executive-compensation, #income-inequality, #labor-and-jobs, #layoffs-and-job-reductions, #marriott-international-inc, #sorenson-arne-m, #united-states-economy, #wages-and-salaries