AOL founder tells Senate: back immigration reform or risk losing talent
Steve Case warns against US complacency ‘in battle for global talent’ but also advocates reform for unskilled workers
What Do Washington State CEOs Know About the Minimum Wage that Other CEOs Don't Get?
Both Starbucks and Costco are headquartered here in Washington, the state with the highest minimum wage in the nation (currently $9.19). Starbucks and Costco are arguably two of the most success retailers in the nation. Costco in particular out-competes Walmart’s Sam’s Club while paying its typical workers about double. It’s an experience with higher wages that CEO’s elsewhere might do well to learn from.
Former Nestlé CEO Says Water Is Food That Should Be Privatized – Not A Human Right
Do you believe water is a basic human right? According to Nestlé CEO water is a foodstuff that should be privatized, not a human right. Nestlé CEO Peter Brabe
Coordinated strategy propelled passage of Rhode Island gay marriage bill
Phone banks, an army of volunteers and alliances with organized labor, business leaders and religious clergy propelled gay marriage to victory in Rhode Island this week, a savvy and coordinated strategy that relied on growing public support and old-fashioned bare-knuckle politic
Big business bluffing on investments in higher ed funding
At a poker table, the Washington Roundtable’s latest education report would amount to a bold bluff. Our elected representatives in Olympia should call them on it. The leaders of Washington’s biggest corporations say they want more graduates from the state’s colleges and universities to employ — but they’re hoping no one notices the billions of dollars in tax breaks they get from the Legislature.
Corporate Profits Have Risen Almost 20 Times Faster Than Workers’ Incomes Since 2008
As a percentage of national income, corporate profits stood at 14.2 percent in the third quarter of 2012, the largest share at any time since 1950, while the portion of income that went to employees was 61.7 percent, near its lowest point since 1966. In recent years, the shift has accelerated during the slow recovery that followed the financial crisis and ensuing recession of 2008 and 2009, said Dean Maki, chief United States economist at Barclays.
Corporate earnings have risen at an annualized rate of 20.1 percent since the end of 2008, he said, but disposable income inched ahead by 1.4 percent annually over the same period, after adjusting for inflation.
Switzerland Clamps Down Hard On Executive Pay — Should The U.S. Follow Suit?
Yesterday, voters in Switzerland overwhelmingly approved new measures to clamp down on executive pay. Under the approved referendum — which means that the new provisions will be added to the Swiss constitution — shareholders will have the ability to veto executive pay packages, so-called “golden parachutes” will be outlawed, and executives who defy the rules could see jail time. As the Wall Street Journal’s Andrew Peaple wrote, “Swiss voters’ anger is understandable. Like other countries, it has seen executive pay rise out of all proportion over the past decade”:
Nearly 300 companies and municipalities file a brief against the Defense Of Marriage Act. Find out which corporations support marriage equality.
