Press Releases, Report

Top Clothing Companies’ Profits Climbed By Nearly $13B After Raising Consumer Prices

Economic Security and Corporate Power
May 11, 2022

Government watchdog Accountable.US released a new analysis of earnings data of the top ten U.S. apparel companies by market capitalization finding that they all raised consumer prices while collectively reporting at least $12.9 billion in increased profits during their most recent fiscal years for a total of $13.6 billion.

Report

Meatpacking Profiteers Testifying Today Saw Nearly $13B in Profits After Racking Up $384M In Price-Fixing Fines and Settlements

Economic Security and Corporate Power
April 27, 2022

Ahead of the House Agriculture Committee’s hearing “An Examination of Price Discrepancies, Transparency, and Alleged Unfair Practices in Cattle Markets” where the chief executives of major U.S. meatpackers Cargill, Tyson, JBS, and National Beef Packing will be testifying, government watchdog Accountable.US released a new report.

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