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    corporate greed

    A Union Pacific locomotive pulls railcars

    While Blocking Paid Sick Leave, Union Pacific Spent More on Stock Buybacks Than Workers

    "Instead of buying back their own stock, UP should be investing in their employees by offering paid sick leave, reasonable schedules, and a better quality of life for railroaders," said one union president.

    Jake Johnson
    Jan 25, 2023

    Union Pacific, one of the largest rail corporations in the United States, said Tuesday that it brought in record revenue and profits last year as it successfully fought off workers' push for paid sick leave.

    The company reported $7 billion in net income for 2022 as a whole and said it spent a whopping $6.3 billion repurchasing its own shares—significantly more than the $4.6 billion it spent on employee pay and benefits last year.

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    union pacific
    Eggs are seen on a shelf at Pioneer Supermarkets on January 12, 2023 in New York City.

    FTC Urged to Crack Down on Egg Industry's 'Organized Theft'

    "Contrary to industry narratives, the increase in the price of eggs has not been an 'act of God,'" says Farm Action. "It has been simple profiteering."

    Kenny Stancil
    Jan 19, 2023

    As U.S. egg producers rake in record profits amid soaring prices, a farmer-led advocacy group focused on building a just and sustainable food system on Thursday implored the Federal Trade Commission to "promptly open an investigation into the egg industry, prosecute any violations of the antitrust laws it finds within, and ultimately, get the American people their money back."

    Just before testifying at an open meeting of the FTC, Farm Action sent a letter to agency chair Lina Khan detailing its "concerns over apparent price gouging, price coordination, and other unfair or deceptive acts or practices by dominant producers of eggs such as Cal-Maine Foods, Rose Acre Farms, Versova Holdings, and Hillandale Farms, among others."

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    U.S. Sen. Bernie Sanders (I-Vt.)

    WATCH: Bernie Sanders Delivers Speech on 'State of the Working Class'

    "Now is the time for Congress—Democrats, Republicans, and Independents—to have the courage to take on the lobbyists and powerful special interests," said the incoming Senate HELP Committee chair.

    Common Dreams Staff
    Jan 17, 2023

    U.S. Sen. Bernie Sanders on Tuesday evening delivered a speech in Washington, D.C. about "the state of the working class" and how to address the urgent and overlapping crises it now faces.

    Sanders (I-Vt.) is the incoming chair of the Senate Health, Education, Labor, and Pensions (HELP) Committee—a development that has healthcare industry lobbyists worried, particularly given his support for Medicare for All and recent remarks about corporate greed, union-busting, high prescription drugs prices, and the use of subpoena power.

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    Bernie Sanders
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