By Dan Well “Stock buybacks, often urged on by activist investors, are the latest rage, totaling $700 billion last year. That’s not a good thing, says entrepreneur/venture capitalist Nick Hanauer.”… [Click HERE to read the full article]
Author: admin
Velveeta and the one percent
By Marc Johnson “The steady demise of the middle class in America offers many story lines. Velveeta, that awesomely yellowy imitation cheese-like substance, is just one. Reuters reports that the Kraft Foods Group, maker of Velveeta, has long been experiencing a…
Misfortune 500: How one economist exposed a dirty corporate secret
By Gary Cohn “In 2009, Jared Bernstein was among a small group of top advisors to newly inaugurated President Barack Obama and Vice President Joe Biden as they took on the worst economic downturn since the Great Depression. With the nation…
Want a healthy middle class? Bring back the long-term career.
Lynn Parramore blogs on why we need to bring back collective & cumulative careers to have a healthy middle class. Click HERE to read the article.
Want a healthy middle class? Bring back the long-term career
By Lynn Stuart Parramore “It’s time to start thinking about revitalizing the long-term career if we don’t want its partner, the middle class, to vanish into thin air. In an age of galloping inequality, it’s worth remembering that middle-class people,…
The threat to economy and society from activism and short-termism updated
By Martin Lipton “Again in 2014, as in the two previous years, there has been an increase in the number and intensity of attacks by activist hedge funds. Indeed, 2014 could well be called the “year of the wolf pack.”……
Robert Reich Is Right: Higher Wages Aren’t Coming Back, And Here’s Why
In a Forbes magazine article on January 15, Erik Sherman cites Bill Lazonick’s Harvard Business Review article “Profits without Prosperity” as the explanation of why higher wages aren’t coming back in the United States. Click HERE to read the article online…
U.S. Share Buybacks Rebound but Face Sharp Criticism
By Steven L. Mintz, January 15, 2015 – U.S. companies repurchased $144 billion in shares during the third quarter of 2014, according to our latest Buyback Scorecard, but the effectiveness of the strategy has been called into question. Click HERE to…
U.S. share buybacks rebound but face sharp criticism
By S. L. Mintz “In late November, Yum Brands offered a twofer: The fast-food company said it would rev up stock buybacks by $1 billion through May 2016 and boost its dividend rate by double digits. Yum’s moves are part…
Robert Reich is right: Higher wages aren’t coming back, and here’s why
By Erik Sherman “Former Labor Secretary and current academic, activist, and commentator Robert Reich just wrote a blog post titled Why Wages Won’t Rise. He observes something that has been clear in every single Bureau of Labor Statistics monthly jobs report…
