Showing posts with label US corporations. Show all posts
Showing posts with label US corporations. Show all posts

Saturday, August 23, 2025

Why Did These Companies Partner with Nazi Germany?

Jul 12, 2023 | Several well-established American companies aided Nazi Germany during the Holocaust, directly profiting from the atrocities perpetrated against the Jewish People. These include well-known businesses like IBM, which supplied data processing systems to the Nazi regime, and Ford, whose German subsidiary produced military vehicles for the Wehrmacht.

The majority of individuals involved in the decision to do business with Nazi Germany were motivated by greed rather than anti-Semitism.

The question remains whether or not these corporations should continue to be held responsible today for the role they played in the murder of Jews during World War II.


Corporate America’s Newest Activist Investor: Donald Trump

THE NEW YORK TIMES: The president is demanding government stakes in U.S. companies and cuts of their revenue. Experts see some similarities to state-managed capitalism in other parts of the world.

Corporate America has built up defenses against the likes of Carl Icahn, Nelson Peltz and other corporate raiders who have rattled the cages of chief executives, pushing for higher stock prices. Now companies have a new investor to worry about: the president of the United States.

President Trump has inserted the government into U.S. companies in extraordinary ways, including taking a stake in U.S. Steel and pushing for a cut of Nvidia’s and Advanced Micro Devices’ revenue from China. Last month, the Pentagon said it was taking a 15 percent stake in MP Materials, a large American miner of rare earths.

And on Friday, Intel agreed to allow the U.S. government to take a 10 percent stake in its business, worth $8.9 billion.

These developments could herald a shift from America’s vaunted free-market system to one that resembles, at least in some corners, a form of state-managed capitalism more frequently seen in Europe and, to a different degree, China and Russia, say lawyers, bankers and academics steeped in the history of hostile takeovers and international business.

And the actions are sending Wall Street’s bankers and lawyers scrambling to help companies come up with a playbook to defend against or least find ways to mollify Mr. Trump. » | Lauren Hirsch and Maureen Farrell | Saturday, August 23, 2025

Trump wants a “government stake” in American companies. For ‘government stake’, shouldn’t we be reading ‘Trump stake’? This must surely be one more scheme to make Trump and his family mega wealthy! And it goes without saying that America's CEOs will be weak and feeble enough to go along with it.

This SCHEME sounds like something straight out of Hitler’s playbook to me! — © Mark Alexander

Tuesday, May 31, 2022

How Corporations Are Using Inflation to Take Your Money

May 31, 2022 • Don’t tell me corporations have no choice but to raise prices. Corporate profits are at a 70-year high. Stock buybacks are expected to reach $1,000,000,000,000 this year. News flash: They’re using inflation as cover to squeeze more money out of you.

Tuesday, May 05, 2009

US Crackdown Could Tighten Tax Noose on Multinationals

THE TELEGRAPH: American companies may soon have to adapt to a fiscal regime without frontiers.

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President Barack Obama has revealed a protectionist streak. Photo courtesy of The Telegraph

THE world is becoming a chillier place for multinationals, and for the owners of capital.

While President Barack Obama's plan to clamp down on the overseas earnings of US corporations has been billed as an attack on offshore havens, it heralds a deeper change in the way the US companies are taxed worldwide.

American citizens must pay US income tax on every dollar, peso, or yuan they earn, whether or not they set foot on US soil that year. Mr Obama is making the first efforts to extend this principle to companies as well.

At the moment, US multinationals can take tax deductions on overseas earnings, but delay tax on profits forever by reinvesting abroad. They can shuffle money from one subsidiary to another through the "check box" loophole. This is why US companies pay just $16bn (£11bn) a year on $700bn of foreign earnings, a tax rate of 2.3pc.

Mr Obama has a fight on his hands trying to stop it. >>> By Ambrose Evans-Pritchard | Tuesday, May 5, 2009