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Report: Executives Are BRAGGING About Price-Gouging Americans

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Progressive watchdog group Accountable.US reveal the brashness of executives using price hikes to bolster profits. Cenk Uygur, Ramesh Srinivasan and John Iadarola discusses on The Young Turks. https://shoptyt.com/collections/justice-is-coming

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Read more HERE: https://www.commondreams.org/news/companies-admit-prices-profits

"An analysis released Tuesday shows that executives at some of the top publicly traded companies in the United States aren't exactly being coy about using their pricing power to hike costs for consumers and boost revenues and profits—which are then dished out to wealthy shareholders.

The progressive watchdog group Accountable.US noted in its new report that "some of the largest general consumer S&P 500 companies have admitted to benefiting from increased prices as their net profits increased year-over-year and they rewarded shareholders with billions in handouts.""

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230616__TA04PriceGouging
Category
Europe
Tags
230616__TA04PriceGouging, News, Politics
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