Tag: American companies

‘Social Justice Debt’ Is Turning US Businesses Into ‘State-Owned Enterprises’

February 13, 2023
American companiesBusiness & MarketsBusiness Columnistslocal government funding vehicles (LGFV)Opinionsocial justicestate-owned enterprisesThinking About China
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Commentary “It’s the journey, not the destination, that matters,” goes the old saying with regard to life. Perhaps so. But when it comes to the fate of America’s financial and economic system, the destination is ultimately the only thing that matters. In fact, the journey on which we now find ourselves is actually a preview…

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New Report Reveals American Companies With High Likelihood to Go ‘Woke’

February 13, 2023
American companiesBusiness & MarketsCompanieseconomic policieseconomyESGSocial IssuesUSwoke
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A new report puts the spotlight on businesses at the risk of going “woke” by pushing ideologies rather than focusing on profits and revenues, giving Americans the ability to take preemptive action against such companies. The “Corporate Bias Ranking” report by the nonprofit 1792 Exchange assessed policies, practices, and other relevant criteria of more than…

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Another Round of American Companies to Leave Russia, Including McDonald’s, Which Will Close 850 Restaurants

March 8, 2022
American companiesBusiness & EconomyCompanieseconomic policieseconomyEuropeRussia-Ukraine WarRussian sanctionsUncategorizedWorld
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Another round of American-based multinationals, including McDonald’s, Starbucks, Coca-Cola, and General Electric, have said that they were temporarily suspending business in Russia in response to the country’s invasion of Ukraine. Many international corporations have already ceased operations in Russia in protest of its invasion in Ukraine last month. Pressure has been mounting for two weeks on…

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US Companies Continue to Cave in to Pressure From Beijing Over Human Rights

January 11, 2022
American companiesAnalysisChinaChina Business & Economyhuman rightsOpinionThinking About ChinaViewpointsWalmart
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News Analysis The lure of money that can be earned in the Chinese market has driven major U.S. companies to give in to Beijing’s demands at the expense of data security, integrity, and human rights. Recently, Walmart was censured by Beijing’s top disciplinary agency after its warehouse retailer Sam’s Club removed Xinjiang-sourced products from its…

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