As companies gear up for an economic downturn, cutting costs and staff, CEOs might want to heed the rising voice of consumers who want them to focus on business rather than politics. According to a poll this week of more than 1,000 likely voters by the Trafalgar Group and Convention of States Action (COSA), nearly 80 percent said that, given the choice, they are more likely to buy from a company that... 

74 years of sentences for high level fraudsters; US and rest of Europe bailed theirs out. In a story not reported on at all by any Western mainstream media source, Iceland just sentenced another five high level bankers to prison for directly contributing to the collapse of the country’s economy in 2008. This brings the total to 26 bankers now behind bars in Iceland, with most being CEOs of large... 

The pay of top CEOs from the 350 largest companies in the US has increased by 54.3 percent from 2009, to an average of $16.3 million per year – six times greater than that of the top 0.1 percent of wage earners, according to new study. According to the study by the progressive think tank Economic Policy Institute, $53,200 was the average annual salary of the worker in 2009 and it has remained stagnant... 

American CEOs call the Congress to ‘stabilize the debt’ Chief executives of more than 80 major US corporations, including Aetna, Goldman Sachs, Macy’s and Boeing are joining forces to pressure Congress to bring down the federal deficit by raising taxes and cutting spending. ­The CEOs call on the policymakers to prepare a fiscal plan that would “stabilize the debt as a share of the...