By Kate Randall, 18 September 2019
An agreement with plaintiffs would absolve the Sackler family of culpability for the hundreds of thousands of deaths linked to promotion and sale of OxyContin.
By Kevin Reed, 11 September 2019
Six years after the bankruptcy of Detroit, the ruling class is once again pilfering the public treasury.
Ten days before contract expiration, top aide to UAW GM negotiators pleads guilty to taking $2 million in kickbacks
By Jerry White, 5 September 2019
The plea deal comes as GM CEO Mary Barra is set to meet with President Trump to discuss the upcoming contract battle by autoworkers.
By Kevin Reed, 29 August 2019
The broken cameras were within view of the Manhattan cell where the multimillionaire sex trafficker was being held at the time of his death earlier this month.
By Genevieve Leigh, 29 August 2019
The toothless ruling follows a well-worn pattern in which giant corporations, after committing horrific social crimes, get off with a relatively small fine.
By Kevin Reed, 28 August 2019
In further evidence of conspiracy in the death of Epstein, a security camera in the hallway outside his federal prison cell—where he supposedly committed suicide—reportedly “had footage that is unusable.”
By Benjamin Mateus, 27 August 2019
While the $572 million judgment fell short of the $17 billion sought by the state, the court’s ruling was an unambiguous finding that the giant corporation deliberately downplayed the dangers of the opioids it manufactured.
By Patrick Martin, 23 August 2019
Amid reports of “stunning” violations of protocol by prison officials in the death of America’s most famous prisoner, the Times claims that questions regarding the well-connected sex trafficker are “conspiracy theories.”
By Will Morrow, 22 August 2019
The report demonstrates how the financial markets serve as a mechanism for the transfer of wealth up the income scale, from the working class to the corporate elite.
By Tom Hall, 21 August 2019
The September 14 contract deadline is fast approaching for more than 150,000 hourly workers at Ford, GM and Chrysler operations in the US.
By Jerry White, 21 August 2019
A lifelong UAW functionary on the payroll of the union’s International staff for 28 years, Ashton epitomizes the social layer at the head of the so-called “American labor movement.”
By Jerry White, 20 August 2019
Ashton would be the highest-ranking UAW officer implicated in the corruption scandal that has already led to the conviction of UAW Vice President Norwood Jewell and three other top UAW officials on the 2015 UAW-Chrysler Bargaining Committee.
By Patrick Martin, 19 August 2019
Despite many unanswered questions, virtually all reporting on the death of multi-millionaire sex-trafficker Jeffrey Epstein has halted following the verdict of suicide by the medical examiner.
One month before the expiration of auto contracts
By Jerry White, 15 August 2019
While the transnational corporations have made record profits since the 2008 financial crash, autoworkers have suffered a decade of falling real wages. They are determined to win substantial gains.
By Shannon Jones, 14 August 2019
Workers contrasted the lenient treatment handed out to Norwood Jewell with the brutal conditions they face every day in the factories compounded by the ever-present threat of layoffs.
By Patrick Martin, 12 August 2019
The circumstances of Jeffrey Epstein’s death fully justify the widespread suspicions that he was murdered.
By Shannon Jones, 6 August 2019
The former head of the union’s Fiat Chrysler department was sentenced to 15 months in a minimum-security prison for his role in the illegal bribery scheme.
By Bryan Dyne, 5 August 2019
The Federal Aviation Administration kept Boeing’s dangerous 737 Max 8 flying to protect the profits of the aerospace giant.
“Paid for by Fiat Chrysler:” Prosecutors outline UAW corruption for Norwood Jewell sentencing hearing
By Tom Hall, 1 August 2019
Jewell will be the highest ranking UAW official sentenced in the ongoing federal corruption probe of the UAW and FCA and one of eight union or company officials to have been convicted.
By Bryan Dyne, 29 July 2019
The investigative report in the New York Times comes only days after the aerospace giant announced that it was considering halting production of the deadly aircraft.
By Shannon Jones, 24 July 2019
For years Ford covered up a transmission defect in its Fiesta and Focus models that can cause sudden acceleration or stalling.
By Frank Gaglioti, 23 July 2019
Michael Ogalirolo claims his potentially lethal cancer, non-Hodgkin lymphoma, is due to 18 years of exposure to glyphosate, the active component of the herbicide Roundup.
By Jerry White, 4 July 2019
The corporate media is lauding the former Chrysler CEO for gutting the wages and jobs of autoworkers in the UAW-backed federal bailout of 1979-1980.
By Bryan Dyne, 3 July 2019
These revelations come alongside reports that the production of the Boeing 787 Dreamliner is also under investigation.
By Will Morrow, 26 June 2019
The CEO and leading shareholder of French luxury fashion retail group LVMH became the third person in history to join the centi-billionaires club.
Creating the framework for government-directed online censorship
By Kevin Reed, 14 June 2019
A House subcommittee hearing on Tuesday began a major bipartisan drive for government-directed censorship of website and social media content.
Ford escalates jobs massacre
By Jerry White, 22 May 2019
The global integration of capitalist production has created the practical and technological means to unite workers in an internationally coordinated campaign to defend jobs and living standards.
By Trévon Austin, 20 May 2019
While neither the carriers nor the pilots had been informed of the existence of a new anti-stall system, Federal Aviation Administration officials are trying to scapegoat those pilots who died trying to overcome the airplane's design flaws .
By Bryan Dyne, 8 May 2019
Aviation journalist Rytis Beresnevičius: “The press release is just Boeing shifting the blame somewhere else. They are defending their greed.”
By Nick Beams, 18 April 2019
The American president, in demanding that the Fed intervene to drive up the stock market, has stated openly what the US central bank has been doing for decades.
By Patrick Martin, 16 April 2019
As a consequence of Trump’s 2017 tax cut for the wealthy, the number of Fortune 500 companies paying no federal income taxes has doubled.
By Jerry White, 10 April 2019
The conviction on bribery charges of Jewell sheds light on the close connections between the UAW and the Democratic politicians responsible for the lead poisoning of an entire city.
Purdue Pharma, maker of highly addictive painkiller OxyContin, settles with state of Oklahoma for $270 million
By Ben Mateus, 8 April 2019
The settlement is the first of roughly 2,000 lawsuits pending in federal and state courts against Purdue and other opioid manufacturers, including Johnson & Johnson and Teva Pharmaceutical.
By E.P. Milligan, 8 April 2019
It is now abundantly clear that Pugh accepted thinly-veiled bribes from health insurance giants and other corporate interests in exchange for kickbacks from the city budget.
By Bryan Dyne, 28 March 2019
After a pair of deadly crashes, the Senate Subcommittee on Aviation and Space convened Wednesday to question the heads of the federal agencies responsible for overseeing the verification of new aircraft.
By Roger Jordan, 23 February 2019
The Liberals’ attempt to shield engineering giant SNC-Lavalin from criminal prosecution has led to the resignation of the former Justice Minister and Trudeau’s top adviser, throwing the government’s re-election plans into disarray.
The reality of capitalism: GM makes $11.8 billion in profits while closing plants, eliminating 14,000 jobs
By Jerry White, 7 February 2019
The huge profits, side-by-side with the destruction of entire communities, expose the real character of the capitalist system and why the working class must abolish it.
By Andre Damon, 29 December 2018
This year has seen an intensification of internet censorship by Google, Facebook and Twitter, transforming these companies into censors that police what their users say, do and think.
By Shannon Jones, 22 November 2018
Many questions remain unanswered in the arrest of Carlos Ghosn, who headed a giant automotive alliance that includes Japanese-based Nissan and Mitsubishi, along with French-based Renault, which produces more than 10 million vehicles annually.
By Guillaume Garnier, 21 November 2018
The deal between Amazon and the city and state will provide billions to the world’s richest company.
Ten years after the financial crash
By Barry Grey, 19 September 2018
The average pay of Wall Street traders and brokers rose to $422,500.
As National Football League season opens
By Alan Gilman, 10 September 2018
The National Football League season has opened against the backdrop of Colin Kaepernick becoming the face of Nike’s new “Just Do It” campaign and a ruling allowing his collusion lawsuit against the NFL to go forward.
By E.P. Milligan, 7 September 2018
Amazon’s soaring profits, like those of Apple, are the direct result of the brutal exploitation of its workforce.
By Trévon Austin, 30 August 2018
Banks and corporations are channeling the bulk of their savings from the tax cuts into stock buybacks, dividend increases and mergers and acquisitions.
As US workers’ wages continue to fall
By Niles Niemuth, 31 July 2018
By the end of the year, American corporations will have enriched their top executives and investors with $2.5 trillion obtained through stock buybacks, increased dividend payments, and mergers and acquisitions.
By Shannon Jones, 27 July 2018
The revelation that the just-retired UAW president authorized the illegal use of money from company-funded joint training centers demonstrates that the organization is engaged in a criminal conspiracy against auto workers.
Seven months after Trump’s tax cut
By Gabriel Black, 26 July 2018
The trillions in deficits created by the tax cuts for the rich will be used to justify further slashes to critical social programs that millions of Americans rely on.
By Shannon Jones, 25 July 2018
Nancy Johnson pleaded guilty to charges related to the illegal payout of more than $1.5 million by Fiat Chrysler aimed at securing favorable contract terms from the United Auto Workers.
By Shelley Connor, 4 July 2018
The Trump administration’s detention of hundreds of thousands of migrants has been a windfall for private prison companies.
By Will Morrow, 27 June 2018
The Washington Post described the meeting as a “new overture by the technology industry to develop closer ties to law enforcement.”
By Barry Grey, 13 June 2018
Coming just one day after the termination of net neutrality, the federal court ruling sets the stage for the further consolidation of monopoly control and suppression of oppositional points of view.
By Will Morrow, 30 May 2018
The technology giant that secures the contract will administer the US military’s global operations.
By Jerry White, 28 May 2018
Another former Fiat Chrysler executive pleads guilty in the corruption scandal engulfing the United Auto Workers union.
By Brian Dixon, 10 May 2018
The drug company heads shed crocodile tears over the opioid epidemic they helped create, including by shipping large numbers of opioids to pill mills in West Virginia.
By Marcus Day, 27 April 2018
Ford, GM, and Fiat Chrysler continue to restructure their operations at the expense of workers in response to Wall Street’s relentless demands to cut costs and boost profits.
By Stephen Alexander, 12 March 2018
An estimated 40,000 premature deaths occur in the UK every year due to air pollution, amounting to a staggering £20 billion in public health costs.
By Gabriel Black, 6 March 2018
Catalyst Capital predicts that 2018 will be the biggest stock buyback year on record, with corporations spending $1.2 trillion to push up their share values.
By Brian Dixon, 27 February 2018
The manufacturers of five major opioid products donated nearly $9 million to 14 supposedly independent patient advocacy organizations between 2000 and 2017.
By Shannon Jones, 18 January 2018
The wife of a deceased UAW official and a Fiat Chrysler executive are expected to plead guilty to charges they took part in a scheme to siphon off millions from the UAW-Chrysler Joint Training Center.
By Clement Daly, 21 December 2017
The former Massey Coal CEO, convicted and jailed in connection with the 2010 Upper Big Branch mine disaster, has announced his bid for Democrat Joe Manchin’s Senate seat.
By Shannon Jones, 15 December 2017
The ongoing federal corruption investigation and growing worker anger and militancy are fueling an apparent crisis in the top echelons of the United Auto Workers union.
By Gabriel Black, 7 December 2017
The merger would create a level of vertical integration unprecedented in US health care, while netting Aetna’s outgoing CEO half a billion dollars.
By Genevieve Leigh, 28 November 2017
As the Trump administration strips media regulation and antitrust laws, media conglomerates are planning even further consolidation.
By Jessica Goldstein, 21 November 2017
A lawsuit brought by students at the University of Chicago charges US Steel with dumping chromium into Lake Michigan, following a spill which dumped hundreds of pounds of a toxic compound.
By Gabriel Black, 10 November 2017
The latest leaks confirm that the largest companies in the world, and the ultra-wealthy that run them, use their power and wealth to park trillions of dollars offshore to avoid taxation.
By Margot Miller, 24 October 2017
While profits soar to exponential heights, corporations engage in myriad complex scams to evade paying even the minimal and ever decreasing corporate taxes levied by governments.
“Every contract we wonder how we are going to get shafted”
By Shannon Jones, 29 July 2017
A federal indictment Wednesday charged that a former vice president at Fiat Chrysler funneled more than $1 million in bribes to a UAW vice president between 2009 and 2014.
By Jerry White, 27 July 2017
A federal indictment filed in US District Court in Detroit Wednesday charges that a former vice president of Fiat Chrysler funneled more than a million dollars in bribes to United Auto Workers Vice President General Holiefield between 2009 and 2014.
By Janet Browning, 22 July 2017
Underscoring the Alberta NDP government’s fealty to Big Oil and the financial elite, Premier Rachel Notley has vowed to dramatically increase the transport of untreated bitumen to tidewater.
By Jean Shaoul, 1 July 2017
The prosecution has nothing to do with the criminal and reckless banking behaviour that precipitated the crash, but instead relates to Barclays’ rescue
By Ulrich Rippert, 30 June 2017
Just days prior to the G20 summit in Hamburg, the EU Commission imposed a record fine on US internet firm Google.
By Gabriel Black, 5 June 2017
A new report by economist Gabriel Zucman argues that global inequality is significantly worse than shown in official estimates because of rampant tax evasion by the financial elite.
By Brad Dixon, 2 June 2017
The rise in drug prices is 318 percent higher than the rise in the costs of goods due to inflation, according to a report by health care technology company Truveris.
By Shelley Connor, 26 May 2017
On May 23, research group Equilar revealed that CEO compensation rose by 8.5 percent in 2016, at more than twice the rate of workers’ pay in the same period
By John Marion, 25 May 2017
A new report documents that among the Fortune 500 companies which were profitable in 2014, the average effective tax rate levied by all 50 states was only three percent.
By Shelley Connor, 17 May 2017
The wealthiest 25 managers earned $11 billion last year while hedge funds yielded meager returns for investors.
By Samuel Davidson, 13 May 2017
Don Blankenship is free after one-year in prison over the deaths of 29 coal miners in an explosion at the Upper Big Branch mine in 2010.
By Eric London, 9 May 2017
Information provided to the World Socialist Web Site shows a UAW conspiracy to silence autoworkers with evidence that the UAW committed election fraud to pass the 2015 Ford contract.
By Barry Grey, 28 April 2017
With the people of America and the world facing ever worsening social conditions and the looming threat of world war, the top priority of the US political establishment is to hand over trillions more to the financial elite.
By Eric London, 12 April 2017
The beating of the 69-year-old doctor is a brutal outcome of decades of deregulation, monopolization and financialization in the airline industry.
By Jeff Lusanne, 10 March 2017
Shareholders have agree to pay Hunter Harrison riches in return for increased profits through deep cuts to staffing, working conditions and infrastructure.
By Marianne Arens, 6 March 2017
The proposed restructuring of the auto industry threatens many thousands of jobs and several plants.
By Alexander Fangmann and Owen Green, 14 February 2017
Caterpillar’s decision to move its headquarters to Chicago will contribute to the further economic decline of Peoria.
By Clement Daly, 7 February 2017
Former Massey Energy CEO Don Blankenship, who oversaw the Upper Big Branch mine where 29 West Virginia miners were killed in 2010, failed to overturn his conviction
By Jerry White, 3 February 2017
The public relations exercise was a further demonstration of the complete prostration of American unions to the corporations and the government.
By Simon Whelan, 30 January 2017
Rolls-Royce ultimately got the exceptionally lenient treatment from the British state that they had lobbied long and hard to gain.
Oxfam issues report on eve of Davos conference
By Nick Beams, 17 January 2017
The report, released as the world’s billionaires converge on Davos, Switzerland, reveals that global inequality is even more pronounced than previously recognized.
By Debra Watson and Zac Corrigan, 13 January 2017
State officials used aggressive collection measures to force tens of thousands of unemployed workers to pay back benefits based on false accusations of fraud.
By Chris Marsden, 21 December 2016
The Fine Gael government opposes demands by the European Union that the American technology giant pay $13 billion in back taxes.
By Tom Carter, 17 October 2016
Hillary Clinton’s lavishly paid speeches to gatherings of Wall Street multi-millionaires reveal why she is the favored candidate of the corporate and financial elite.
By Tom Eley, 15 October 2016
The email listing Citigroup’s personnel choices for cabinet posts came three days after the $700 billion Troubled Asset Relief Program (TARP) was signed into law.
By Gabriel Black, 11 October 2016
The $100 million allocated by the Ford Foundation is an acknowledgment by a powerful section of the ruling class that the aims of the Black Lives Matter movement are aligned with its interests.
By Barry Grey, 7 October 2016
The same politicians who say “there is no money” for jobs, schools, health care, pensions or housing, oversee the corporate theft of hundreds of billions in taxes.
By Steve James, 5 September 2016
Ireland, a centre for tax dodging by leading US-based transnational corporations, is uniquely vulnerable to the deepening divisions between the US and the European Union.
By Robert Stevens, 1 September 2016
The EU’s decision to fine Apple for failing to pay taxes has triggered a major crisis in Irish ruling circles.
By Gabriel Black, 25 August 2016
The former vice-president accused the SEC of not prosecuting leading bank officials because of the incestuous relationship between the bank and the ostensible watchdog.
By Evan Blake, 11 August 2016
A set of emails released Tuesday highlights the influence of the Clinton Foundation during Hillary Clinton's tenure as secretary of state.
By Usman Khan, 18 June 2016
A recent report by the Global Slavery Index documenting that millions are living in conditions of modern slavery stands as an indictment of the capitalist system.
By Josh Varlin, 8 June 2016
The law firm Mossack Fonseca, the subject of the Panama Papers leak, helped wealthy US clients avoid taxes through private foundations, bogus charities and shell companies.
By Tom Peters and Sam Price, 19 May 2016
Panama law firm Mossack Fonseca promoted New Zealand to its wealthy clients, including some allegedly involved in illegal activity and one who assisted in the looting of Iraq.