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Showing blog posts tagged with Apple

Supreme Court Rules That Companies Don't Have to Compensate Workers for Required Time at Work

Photo courtesy Scott Lewis on Flickr

Using logic so tortured that Dick Cheney would approve, the U.S. Supreme Court ruled this week that companies didn't have to compensate workers for required security checkpoint waits that take as long as 30 minutes a day to complete. The ruling overturned a federal appeals court decision from 2013, which held that workers at a warehouse that provides services for Amazon.com should be compensated for the time they were required to go through security checkpoints whose purpose was to prevent employee theft. The workers don't work directly for Amazon but are hired by Integrity Staffing Solutions. The outcome of the case is likely to affect workers at other companies, such as Apple and CVS, who are currently engaged in similar lawsuits.

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Economic News Roundup

The Economic Policy Institute (EPI) has released important research about the economy in the past few weeks. Here's a look at some of the key pieces it uncovered about the U.S. economy.

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Apple CEO Tim Cook Testifies Before Congress About Offshore Tax Havens

Photo courtesy: trevorthomasmi on Instagram

Apple CEO Tim Cook is appearing before the Senate Permanent Subcommittee on Investigations today to answer charges that his company has avoided paying billions of dollars in taxes through the use of overseas tax shelters and loopholes in the corporate tax code. An investigation by the subcommittee found that Apple has shifted tens of billions of dollars of two subsidiaries in Ireland, while claiming that neither subsidiary is a tax resident of any country.

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Apple Avoiding Billions and Billions of Dollars in Taxes

Apple Avoiding Billions and Billions of Dollars in Taxes

Apple (like many giant, multinational corporations) has been avoiding paying the taxes they owe to the country by setting up foreign “subsidiaries” in tax-haven countries and moving jobs and profit centers out of the country. They have accumulated billions upon billions of dollars in these tax havens. Now they want a special tax break to reward them for doing that.

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Sign Petition Telling Apple to Ensure Workers Are Treated Fairly

As we've written here, Apple's record-breaking success in selling iPhones, iPads and iPods have come at a terrible cost.Take a minute to sign our petition to Apple’s CEO Tim Cook. Tell him to ensure that people integral to Apple’s success—workers who manufacture Apple’s  electronics—are treated fairly.

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250,000 Sign Petition to Apple to End Slave Conditions at Its Suppliers

Outraged at the inhumane treatment of workers in China who make iPads, iPhones and other Apple products, protesters visited a half-dozen Apple stores around the world yesterday to deliver petitions calling for reforms in the working conditions at factories run by Apple’s suppliers, accroding to Democracy Now!

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iSlaves: Forced Labor Key to Apple Profits

More horrors out now from the Chinese serf-labor system involved in creating Apple products like iPads and iPhones. It turns out many of the workers churning out millions of the devices in unendurable conditions at Foxconn and other factories are also forced laborers as young as 16.

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Apple’s Profit Skyrockets, Workers Die at Its Factories

Hours after Apple released its first quarter earnings, which showed a mind-blowing 44.7 percent profit, The New York Times published another in a series of articles illustrating some of the reasons behind Apple’s profit margin. Describing the conditions in which Chinese workers assemble iPhones, iPads and a panoply of Apple products, the report states:

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China’s ‘Competitive Advantage’: Serfdom

A much-discussed report in the Sunday New York Times on why iPhones are made in China highlights the transition of Apple guru Steve Jobs who, a few years after Apple began building the Macintosh in 1983, bragged it was “a machine that is made in America.” Today, millions of Apple products like iPhones, iPads and Kindles are made in China sweatshops like Foxconn.

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Which Is Better? Prison or Work at China’s Foxconn?

Stumping for president, Republican candidates have finally figured out that the public cares more about job creation than deficit reduction. But their solutions involve luring corporations back to this country from overseas by eliminating regulatory policies that could make working conditions here a lot more similar to those offshore. A recent Jon Stewart segment shows just what that would entail.

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