Only four states lack a billionaire to call their own.
The story of a CEO who won the allegiance of both employees and shoppers by delivering the kind of goods — good food, good pay, low prices — that most CEOs feel compelled to subordinate to the gods of shareholder value.
Even more money is going to America’s high-income set relative to the rest of the country, new Commerce Department figures reveal.
If wages reflect merit, why do they seem so arbitrary? Are the richest executives 50 or 100 times better at their jobs than their predecessors in 1980? Are they 20 times more skilled and educated than the people immediately below them, even though they went to the same business schools?
JPMorgan Chase alone has pulled in $184 million helping U.S. firms merge offshore to avoid U.S. taxes. Says JPMorgan CEO Jamie Dimon: “I’m just as patriotic as anyone.” Dimon pocketed $20 million in pay last year.
New studies show that wealth in the United States still remains “more concentrated.”
Good background on last year’s Swiss ballot initiative that banned CEO golden parachutes and signing bonuses.
How the consumption decisions of the rich make life more of a struggle for everyone else.
Tech tycoons are rushing after the mammoth profit to be gained by transforming America’s education system.
Still another study debunks the myth that raising taxes on the rich will trigger an exodus of the wealthy and their tax dollars.