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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: corporate America

corporate America stories: 7 news summaries
Matt Taibbi

 Obama's a Fraud; 
 Elect the 
 TARP Queen 

Time to face it, Obama's not delivering

Oct 23, 09 10:04 AM CDT
(Newser) - Almost a year into his presidency, Barack Obama appears to suck. He hasn’t closed Guantanamo Bay, health care reform is a debacle, and worst of all, he’s “completely whiffed” on fixing Wall Street, “siding with the financial status quo, who happen to be the bad guys,... More »

MORE ABOUT:
Barack Obama • Campaign Finance Reform • corporate America • Elizabeth Warren • progressives • Matt Taibbi

GOP: Dems Buddying Up to Big Business

Irony-proof party employs new strategy to battle climate bill

May 20, 09 12:13 PM CDT
(Newser) - Senate Republicans are turning the tables on Democrats as the GOP battles a bill to fight climate change, Politico reports. A strategy memo says Republicans should paint the opposition as the party of big business, suggesting Dems are cozying up to “Wall Street traders,” “polluters,” and... More »

MORE ABOUT:
climate change • environment • Democrats • Senate Democrats • Senate Republicans • corporate America • big business • Republicans

OPINION

Time to Forget AIG and Nab Offshore Cash

We're fretting about millions in bonuses, while firms hide billions

Mar 23, 09 11:40 AM CDT
(Newser) - Everyone’s aflutter about the AIG bonuses—but there’s a much more lucrative way to take Wall Street to task than obsessing over $165 million, writes Joe Conason in Salon. The government should instead focus on the billions that financial firms are putting in offshore tax havens. Corporate tax... More »

MORE ABOUT:
Wall Street • tax evasion • bank • AIG • corporate America • tax haven

States Get Creative as
Jobs Disappear

Even as tax revenues shrink, states pay to entice employers

Feb 2, 09 8:47 AM CST
(Newser) - State governments, reeling from diminished tax revenues that have forced cuts in services and, in some cases, jobs, increasingly are offering tax breaks and incentives to employers in an effort to stimulate the job market, reports the Wall Street Journal. “Now is not the time to back off the... More »

MORE ABOUT:
Jon Corzine • unemployment • incentives • corporate America • job creation • financial crisis • economic development • Jay Nixon • John Pommer

 AIG CEO Cuts His Pay to $1 

Edward Liddy gives up his salary and bonuses, others expected to follow

Nov 25, 08 12:00 PM CST
(Newser) - As Congress continues to bail out corporate America, CEOs are canceling bonuses and cutting pay for their top executives—but no one has come close to AIG top executive Edward Liddy, reports the New York Post. The CEO, who took over the troubled insurance company in September, will take home... More »

MORE ABOUT:
AIG • corporate America • corporate execs • Edward Liddy • financial crisis • Wall Street bailout

Guess Who Has the Most Trusted Brand in America?

Google proves you don't need advertising if consumers see you as good citizen

Jun 23, 08 1:56 PM CDT
(Newser) - Google is officially the most trusted company in America, Advertising Age reports. The search giant’s rise is all the more incredible because it spends essentially nothing on advertising, and all the sweeter because it’s taking the top spot from rival Microsoft. Oil companies bring up the rear in... More »

MORE ABOUT:
Google • advertising • brands • corporate America

Big Biz Takes Stock of Obama

Democrat's limited record friendlier than CEOs might think

Feb 14, 08 2:15 PM CST
(Newser) - Barack Obama’s Potomac victories put him into stronger position to claim the Democratic presidential nomination, something business leaders are just wrapping their heads around, Business Week reports. So far, they’re not sure what an Obama administration might mean, but he’s earned kudos from billionaire Warren Buffett, former... More »

MORE ABOUT:
Barack Obama • Warren Buffett • Democratic nomination • endorsement • Barack Obama supporters • Paul Volker • corporate America • big business • Election 2008 • US Chamber of Commerce

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