Showing posts with label profits. Show all posts
Showing posts with label profits. Show all posts
Friday, October 30, 2026
Shell profits double to $10.8bn as Iran war pushes up profit margin on oil
“As fossil-fuelled storms, floods, and soaring costs wreck communities, oil executives like Shell’s Wael Sawan are popping champagne on the deck of a sinking planet. We are paying with our lives and paychecks while they cash in on our misery,” said Philip Evans, a senior campaigner at Greenpeace…
Saturday, October 10, 2026
Thursday, October 8, 2026
Stop worrying about my AI, says multibillionaire Sam Altman. So we bear the risks and he keeps the money
OpenAI’s CEO seems to want to privatise his company’s huge financial gains while making all of us pay for any negative consequences…
https://www.theguardian.com/commentisfree/2026/oct/06/ai-sam-altman-billionaire-risks-openai
Friday, October 2, 2026
High diesel costs squeeze Michigan corn and soybean farmers
“If we can market it at a little higher price, maybe we can offset some of those expensive diesel costs, but as of right now until we get the crop off … and see what we have on the field, it’s still an unknown,” said Rupprecht…
Wednesday, September 16, 2026
Tuesday, August 25, 2026
Thousands in northwest Indiana still without power nearly two weeks after storm : NPR
The start of the prolonged outage coincided with an announcement by the local power company's parent, NiSource Inc., that it would be paying out around $140 million in dividends to its shareholders...
Friday, August 14, 2026
Wednesday, August 12, 2026
HCA workers push for higher pay and more staffing amid billions in profits: ‘I’m struggling’
Largest for-profit hospital system and operator in the US reported $6.8bn in profits, while employees find it difficult to make ends meet…
https://www.theguardian.com/us-news/2026/aug/11/union-hca-healthcare-workers-protest
Analysis: Alito Made Up To $2.9 Million From Fossil Fuel Assets While Serving on Top Court – Mother Jones
Yet the justice won’t recuse himself from key oil and gas cases…
Saturday, August 8, 2026
Trump faces calls for windfall tax on big oil’s profits from Iran war
“Trump’s declaration that big oil is ‘making too much money’ belies his accommodation and giveaways to the industry that have enabled its price-gouging – not to mention his disaster of a war of choice against Iran,” said Tyson Slocum, energy program director at consumer advocacy nonprofit Public Citizen. “But like a broken clock that’s correct twice a day, the president is right that oil companies are ‘making too much money’, which means Trump should endorse a windfall profits tax.”…
https://www.theguardian.com/us-news/2026/aug/07/trump-windfall-tax-big-oil-iran-war
Wednesday, August 5, 2026
Trump accuses oil companies of ‘making too much money’ from his war on Iran
US president hits out at ExxonMobil and Chevron, saying they should ‘give some of that back to the public’…
Monday, July 27, 2026
Friday, July 17, 2026
As oil company profits surge so do U.S. calls for windfall profit tax : NPR
The world's top 100 oil and gas firms made $30 million every hour in excess profits during the early days of the U.S-Israeli war with Iran. That's according to an analysis by the environmental nonprofit Global Witness and the Guardian...
https://www.npr.org/2026/07/16/nx-s1-5845818/oil-prices-windfall-tax-iran-war
Thursday, July 16, 2026
Newsom’s answer to AI anxiety: Share the wealth - POLITICO
… making the case that Americans deserve a share of the profits. And while he has opposed a billionaire tax in his home state, he raised the issue nationally with proposed taxes on the wealthy — and with his new proposal on AI...
https://www.politico.com/news/2026/07/15/newsoms-populist-turn-on-tech-00997048
Saturday, July 4, 2026
Saturday, June 13, 2026
House Dems propose add-ons to "Ratepayer Bill of Rights"
The new bills would cap utility profits at a little over 8.2% return on equity, and block power companies from spending revenue from ratepayers on things like lobbying and executive salaries. The package would also require companies to re-evaluate their infrastructure every five years to avoid outages and improve service...
Wednesday, May 27, 2026
Wednesday, April 29, 2026
Middle East crisis could cost world $1tn while oil firms make ‘obscene’ profit, analysis finds
Climate group calls for urgent windfall tax on excess fossil fuel profits, as delegates tell Colombia conference their nations are suffering…
Thursday, April 23, 2026
Friday, April 17, 2026
Big oil reaping $30m-an-hour war windfall from consumers, analysis finds
Exclusive: Climate action blockers including Saudi Arabia, Russia and major fossil fuel firms set to make extra $234bn by end of 2026…
https://www.theguardian.com/environment/2026/apr/15/big-oil-huge-war-windfall-consumers
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