Here’s the full list.
- The Trump Organization
- FTX
- Fox Corporation
- Meta
- Spirit Airlines
- TikTok
Source: Top Seven Worst Businesses List Contains Some Surprises | Crooks and Liars
Category: Business
We are at a crossroads. The Ultra High Net Worth Individual (UHNWI) class is creating a new international feudal order, assisted by the professional enabler class including politicians in pursuit of their money. One of those enabling mechanisms is the media. In Australia, News Corp serves as the strongest weapon in the creation of their desired world.
Source: The Ultra High Net Worth Individual’s strongest weapon: News Corp – Pearls and Irritations
One of the largest ransomware attacks in history has spread worldwide, affecting thousands of businesses and forcing Swedish grocery store chain Coop to close all 800 of its stores because it could not operate its cash registers. It follows a scourge of headline-grabbing attacks over recent months that have been a source of diplomatic tension between US President Joe Biden and Russian President Vladimir Putin over whether Russia has become a safe haven for cybercriminal gangs.
Source: Swedish supermarket chain shut as massive cyber attack spreads
Berkshire Hathaway revealed this month it had dumped nearly $US6 billion ($8.4 billion) of its US bank holdings, including a majority of its JP Morgan and Goldman Sachs shares and about a quarter of its holding in Wells Fargo. It did, however, add to its stake in Bank of America.
Golden touch: Is Warren Buffett betting against America?
the Turkish military doesn’t function without the U.S. weapons industry—and the approval of the U.S. government. Absent all the hardware bearing Made in America stickers sitting in Turkish military bases, we would probably not be fretting about what Turkey’s government was doing to the Syrian Democratic Forces.
placing American military personnel in harm’s way apparently carries less political risk than endangering the profits of munitions manufacturers, or the careers of foreign policy experts.
via Turkey, the Kurds, and Lots and Lots of US Weapons | The Smirking Chimp
Let’s face it fi they can’t get it one way Capitalism will get your money another. If you were from a lucky generation you will need to redistribute to the unlucky. If you ar single dependant od savings your money will be channeled to riskier places. The controllers of the gateways of cash and debt isn’t choice but herding. The only real politics is among those at the top because it’s a fight not for change but simply adjustment to the system. ()DT)
Millions of Australians who have stashed money at their local bank branch could soon be earning next to nothing, if the Reserve Bank cuts interest rates as expected.
Sweet arrangements
Property giant GPT has joined the exclusive club of Melbourne landlords earning millions of dollars in income from heritage building sites that have a nominal value of $1.
ASX-listed GPT has successfully disputed the City of Melbourne’s most recent valuation for the site of its 34-storey building at 100 Queen Street. The site is home to the ANZ World Headquarters as well as a clutch of Collins Street’s most important historic buildings.
Call for calmness never existed when Abbott’s Border Force had to protect us from the Invasion of Asylum Seekers, No calmness required when he sent us to war against Islam. The Royal Commission into Trade Unions was no calm decision Fear and panic are the tools of conservatives on attack Calmness is a sign of trouble.(ODT)
Business leaders have warned it would be impossible to removal all risk from the banking sector and trying to do so would hurt the economy, as the Federal Government is set to release the findings and its response to the final report of the Hayne banking royal commission.
Calling for calm ahead of Monday’s release, former Reserve Bank Board members and financial regulators have also cautioned all sides of politics from turning the final report into a point scoring exercise and to be sensible in their response or risk the economic consequences.
Check that. Infinite war is a strategic abomination except for arms merchants, so-called defense contractors, and the “emergency men” (and women) devoted to climbing the greasy pole of what we choose to call the national security establishment. In other words, candor obliges us to acknowledge that, in some quarters, infinite war is a pure positive, carrying with it a promise of yet more profits, promotions, and opportunities to come. War keeps the gravy train rolling. And, of course, that’s part of the problem.
via When “Infinite War” becomes a Gravy Train in the United States of Amnesia
EXCEPTION OR THE RULE?
Why now when they stole wages,time,benefits,super,and dignity and went bust at the drop of a hat to avoid their obligations . It was the norm the exception were businesses and industries that didn’t. (ODT)
Victorian employers who deliberately underpay their workers could face prison under a re-elected Labor government.
The state will become the first Australian jurisdiction to criminalise wage theft if Labor wins November’s election, Premier Daniel Andrews will say on Saturday, pledging up to 10 years behind bars for the most serious offenders.
The promised reforms will carry fines of more than $150,000 for bosses and $950,000 for businesses found to deliberately withhold wages, superannuation or other entitlements, or found to falsify employment records or fail to keep the proper paperwork.
Big Business hasn’t just decided to get into the political game, as some have claimed, it has been influencing our politics forever. But as managing editor David Donovan says, the methods it has lately adopted are highly troubling.
‘The Business Council of Australia (BCA), the lobby group representing Australia’s largest companies, has decided to do politics.’
So wrote Laura Tingle in an ABC online article accompanying her debut ABC 7.30 piece on Monday night, 30 April 2018.
Really? They have just decided to “do politics”?
Of course not. The Business Council has been doing politics every day since it was formed in 1983.
Indeed, the Business Council’s stated reason for existence is
‘… to give the business community a greater voice in public policy debates about the direction of Australian society’.
via EDITORIAL EXCERPT: The Big Business takeover of Australia
Is underpayment theft? Is theft a crime? (OD)
Former staff at one of Melbourne’s most exclusive restaurants, Vue de monde, say they worked up to 30 hours of unpaid overtime each week, leaving their pay packets short by hundreds of dollars.
Political honesty is dead and has been for a long while. Can it be resurrected?
More recently, flagrant dishonesty was exhibited by many players during the Brexit debate, leading to a confused electorate voting in favour, leaving Britain in the monumental mess it is in now trying to negotiate a fitting exit from the European Union. Now the possibility of another Brexit vote is being canvassed – providing another opportunity for more lies, misrepresentation and deception.
Dishonesty lives closer to home.
Arms deals, cabinet leaks and fake jobs figures reveal a desperate Turnbull government. – » The Australian Independent Media Network
and
Can political honesty be resurrected?
By Ad astraTo the seasoned political observer, placing the words ‘political’ and…
![A girl holds a banner saying "Stop police brutality" at a May 2015 protest in Skopje against the alleged cover-up of the death of a 22-year-old man beaten by the police [Reuters/Ognen Teofilovski]](https://i0.wp.com/www.aljazeera.com/mritems/imagecache/mbdxxlarge/mritems/Images/2017/12/19/6526e9d71f554e80a68c363c6a71819e_18.jpg "When the UK sells spying tools to repressive states")
The reality,
Indeed, in one of its many tributes to the US army, the Coca-Cola website celebrates the fact that “over 5 billion bottles of Coca-Cola” were distributed to US troops during that particular conflict.
Who said war wasn’t good for business?
So it is more like that of Trump’s yearly 4,380: the only feeling you’re going to get is totally artificial.
![Coca-Cola was created in 1886 [Reuters]](https://i0.wp.com/www.aljazeera.com/mritems/imagecache/mbdxxlarge/mritems/Images/2017/12/19/60be5b7a0f8d4e96be0f3d4cf11f6463_18.jpg "Coca-Cola: Red-and-whitewashing the empire")
Coca-Cola: Red-and-whitewashing the empire | Health | Al Jazeera
MasterChef judge and chef George Calombaris apologises after his restaurant group underpays staff a total of up to $2.6 million.
He didn’t eliminate his conflicts of interest. He created new problems.
Source: Trump Just Completely Entangled His Business And The U.S. Government
It’s beginning to look like making money for himself is a serious part of President Trump’s plan for America.
Source: Caught Red Handed: Trump Uses New Power To Rush Permits For His Private Businesses Abroad – US Uncut
-
-
Masters hardware failure: Woolworths does some home improvement
Throwing the Masters monkey from its back won’t be cheap for Woolworths, but investors are backing its decision to fold rather than double down on its failed bet.
Is there a correlation between mistreating staff and avoiding tax? Between profiting from people’s misery and tax avoidance? John Passant reports.
Source: Big business tax watch: Do corporate tax avoiders also mistreat their staff?
olddogthoughts 
You must be logged in to post a comment.