photog.social is one of the many independent Mastodon servers you can use to participate in the fediverse.
A place for your photos and banter. Photog first is our motto Please refer to the site rules before posting.

Administered by:

Server stats:

286
active users

#profits

2 posts2 participants0 posts today

As #EggPrices soared, so did producer #profits

A #USDA program doled out hundreds of millions in relief payments to big egg companies, even as the largest earned record profits.

The #AvianInfluenza outbreak has had far-reaching consequences: >120M hens have been slaughtered & #egg #prices have risen to record levels. In his address to Congress, #Trump called the situation “out of control.”

Yet for some #corporate companies, these are good times.

#BirdFlu #Profiteering
washingtonpost.com/business/20

The Washington Post · As egg prices soared at the supermarket, so did producer profitsBy Peter Whoriskey

Today in Labor History April 5, 2010: Twenty-nine coal miners were killed in an explosion at the Upper Big Branch Mine in West Virginia. In 2015, Former Massey Energy CEO Don Blankenship was convicted of a misdemeanor for conspiring to willfully violate safety standards and was sentenced to one year in prison. He was found not guilty of charges of securities fraud and making false statements. Investigators also found that the U.S. Department of Labor and its Mine Safety and Health Administration were guilty of failing to act decisively, even after Massey was issued 515 citations for safety violations at the Upper Big Branch mine in 2009, prior to the deadly explosion.

So, the U.S. Dept of Labor, back when the U.S. staffed and funded its regulatory agencies, allowed a murderous boss to get away with 515 safety violations, resulting in the deaths of 29 miners, without any consequences for its bosses. And the courts gave the murderous CEO of Massey Energy a year in a Country Club prison for those same 29 worker deaths. But they’re gonna try Luigi Mangione for first-degree murder and seek the death penalty because he supposedly killed a murderous white-collar crook?

As they say, there is no Justice for the working-class; but there’s plenty of “Just Us” for the wealthy, as in court rulings just for them; subsidies and tax right-offs just for them; elite clubs and resorts just for them; and the right, just for them, to kill their workers and consumers in the pursuit of profits.

Continued thread

#Trump #Tarifs #Canada
Trump veut #AnnexerLeCanada
Les tarifs en place affecte l' #ÉconomieCanadienne.
Le a valeur des actions d'entreprises canadiennes chutent en bourse.
Des investisseurs américains viennent acquérir les entreprises canadiennes à leur plus bas.
Les plus grandes compagnies canadiennent sont maintenant américaines et tous les profits vont à eux.
Trump enlève les tarifs.
L'économie reprend, la valeur des entreprises remonte.
#Profits
Le Canada se retrouve le bec à l'eau.

Continued thread

#Russia appeared to be using Tue’s talks to cater to #Trump’s interest in #profits & natural resources, arguing that American #oil companies & others stood to gain hundreds of billions of dollars by again doing business in Russia.

…Leading Western oil companies, including Exxon Mobil, joined many other businesses in pulling out of Russia 3 yrs ago amid outrage over #Putin’s full-scale invasion of #Ukraine.

→ reCAPTCHA: 819 million hours of wasted human time and billions of dollars in Google profits
boingboing.net/2025/02/07/reca

“By 2025, reCAPTCHA is easily defeated by bots. Yet Google continues to offer it because reCAPTCHA has evolved into a tracking tool that collects user data and generates billions in revenue for Google […]”

#human#time#profits

Then they warp our #politics, our #society, our #psychology

Something is going to break in this new #GildedAge

#Capitalism #Plutocracy

"#Corporate #profits are close to a record share of #GDP, #fiscal and #trade #deficits are at non-crisis highs. Meanwhile #wages are around their lowest share while asset #prices are at the highs. Are the five sustainable together?"

marketwatch.com/story/corporat