here's my message to corporate america, corporate georgia, have you lost your mind?ealize that the only thing between you and your companies enter shareholders anu the democratic agenda of high taxes, incredible regulation, and unbelievable spending is the republican party? don't you realize that the republican georgia, to go democrats in georgia in the united states senate are fully on a board for the most radical agenda in the history of the country when it comes to tax spending and regulation? they are intimidated. here's what happened two days ago. and i was in georgia speaking at the fund-raising dinner for the republican party of georgia, 18 corporations money have gave money laster, did not give it time this year. only one corporation in georgia helps the republican party, georgia tower. lost $150,000 because corporations in georgia have been intimidated by this idea of jim crow 2.0. i'm going to get $75,000 from my campaign to the georgia republican party who would needed to take the senate seat back in georgia. i'm asking people who have always help me to ch

it is paid for by making sure corporate america and the wealthiest 1% pay their fair

supporting the calls for racial justice from the black lives matter movement by august 2020 corporate america reportedly pledged more than $7000000000.00 to support efforts to fight racism leaders recognize they were in a position of influence but also that there was a demand if they wanted to eat their consumer is happy with their products and services corporations are really the most powerful entity and society have a mench influence over policy or work. over a host of issues that our society wrestles with. chris miller works for ice cream maker ben and jerrys heading the company's social justice campaigns the company took a stand on racial justice years ago it began supporting the black lives matter movement in 2016 still they vents of last year changed everything. the murder of george florida and the resulting protests showed was that there was increasing expectation and perhaps a redefinition around what it means to be a corporate citizen and that corporation. we're being looked to to be a part of the dialogue that's happening within society ben and jerry's has launched a podcast on the

i am sick and tired of corporate america not paying their fair share. their taxes used to we all thought that was too high even in our administration and we want to reduce it to 28%, get more competitive. some thought 24%, but it got reduced to 21%. of the largest corporations in america, 50 do not pay a penny intact. made $40 billion, do not pay a penny intact. if you are a construction worker and your wife is a schoolteacher you are paying at a higher tax rate than corporate america is paying. not a joke. not a joke. i do not want to punish them. they used to do a lot more research and development. major corporations now because we change the law, in fact, it used to be the corporate ceo got paid 36 times as much as the average employee in a corporation. now it is 456% times. my mother would say who died and left the boss? 56% -- 53% of all the money they made of $1 trillion over 10 years, what is due? it went to buying back stock. ceo's now get paid in stock purchases, stock options. it used to be they got paid in direct salary, and they get paid in

of corporate america on watch?: executives who underestimate the importance of esg and stakeholder capitalism and being accountable for their civic actions to the committees in which they operate and to their employees and clients are really making a mistake. i would say, being the leader of public business is a lot more challenging today, because you have to take all of those factors into account, and i think the idea of holding corporations somewhat more accountable for the social implications of their actions is a good idea, but we got to be careful not to take it too far, because at the end of the day, value is crated by property. sonali: exxon -- this is on climate. we have seen investors talk about it. we saw a racial audit get shut down. you think racial audits will get more speed -- more steam in the boardroom? ralph: i doubt it. i think the whole issue of diversity and equity and inclusion is a huge issue for every major company, a massive issue for us, we are intensely focused on it, and in order to be fo

corporate america is advertising its efforts to grapple with racism and to engage with society on questions of racial justice in europe things are a bit more complicated many researchers and i racism activists and diversity experts say that european companies still haven't engaged with the reality of racism the lack of data in many european countries to show that the effects and impact of racial discrimination helps corporates avoids this issue in europe the biggest opportunity is being. all the information that's out there are around if an ethnic groups racial groups. and with that valuable data or information companies can do wonders in the sense of recognizing where where their challenge. to solve this we have to create very transparent hiring situations there needs to be that mutual respect. well i'm not winning today i'm definitely losing but at least i know what the rules are but that's not what it's like with racism or any form of discrimination it's like playing a game where the walls are always changing and you end up being excluded without knowing what the will rules are. now ever

corporate america is advertising its efforts to grapple with racism and to engage with society on questions of racial justice in europe things are a bit more complicated many researchers and i racism activist and diversity experts say that european companies still haven't engaged with the reality of racism the lack of data in many european countries to show that the effects and impact of racial discrimination helps corporates avoids this issue in europe the biggest opportunity is cash earning. all the information that's out there are around if an ethnic groups racial groups. and with that valuable data or information companies can do wonders in the sense of recognizing where where their challenge. to solve this we have to create very transparent hiring situations there needs to be that mutual respect. well i'm not winning today i'm definitely losing but at least i know what the rules are but that's not what it's like with racism or any form of discrimination it's like playing a game where the walls are always changing and you end up being excluded without knowing what there will be rules ar

i wonder what that looks like for corporate america. they need to understand which employees are vaccinated and which are not. tom: is the same tension in london. the other theme, and this is so important, every day is jobs day. you look at amazon and mcdonald's yesterday, to me, it is not the wage, it is the number of bodies they are looking for. jon: yep. tom: to me, that is a huge number. jon: that is the most important development of the last week. corporate america has to reply to the huge demand and they going to pay up for it. that is the big change. let's get to the price action. we are shaping up as follows in the s&p 500, headed toward the biggest weekly loss toward january. we advance 5.6%. a couple basis points to 163, call it 164, down to basis points on 30. a soft auction yesterday, this morning to 36 becoming two to three basis points. let's start the program with the sound that i think for a lot of people changed a lot, dr. rochelle walensky of the cdc. take a listen. >> anyone who is fully vaccinated can participate in

art see america brings you stories of world wide significance news the corporate media refuses to show you from social movements to civil wars to tech breakthroughs to epidemics because our journalists and audience ally there to question more. listen stumbling online algorithms dictate what you get to want to go to portable dot tv slash download to get killer television it's completely free i'm talking award winning comedy awesome sports coverage inside so fresh still tastes like raspberries on a spring day take so hot they'll burn your face off thousands of videos more added by the hour did i mention it's free it's it's yeah 3 go go get it portable t.v. . their welcome back a panel of independent experts who reviewed the world health organization's response to the pandemic on wednesday blamed countries worldwide for their slow response to cope with 19 saying most waited to see how the virus was spreading until it was too late to control it which then led to disastrous results the panel also recommended that the un health agency be granted guaranteed rights of access in countries to in

it was a huge windfall for corporate america and those of the very top. instead of raising wages and investing in research and development, it poured billions of dollars into the pockets of ceos. the pay gap between ceos and their workers is now among the largest in history. according to one study, ceos make 320 times what the average worker in their corporation makes. it used to be below 100. the pandemic is only made things worse. when he million americans lost their job in the pandemic working in middle-class americans. -- working and middle-class americans. at the same time, roughly 650 billionaires in america saw their net worth increased by more than $1 trillion, the same exact. -- exact period. they are now worth more than $4 trillion. my fellow americans, trickle down economics has never worked and it is time to grow the economy from the bottom and the middle out. [applause] you know, it is the broad consensus of economists left right and center, they agree that what i'm proposing will create millions of jobs and economic growth. these are among t

and tired of corporate america not paying their fair share. the point is what i am proposing is badly needed and able to be paid for and still grow. todd: president biden pitching his american jobs plant in louisiana with $1 trillion spending proposal but does it really give the working-class a leg up? turning point usa contributor and army veteran graham allen joins us to discuss. always great to see you. why do you say president biden is killing the american dream? >> the biggest thing, pay for it. those are called taxes was america will pay the taxes, is it 200,$000 a year. president biden is killing the american dream because of this, in south carolina we have a workforce shortage. our governor henry mcmasters put in place in south carolina no longer accepting federally related pandemic relief. it is incentivizing people to want to stay home as opposed to go outside and work. the american dream is alive and well and it looks like opportunity and opportunity looks a lot like hard work. we have an administration, vice president, who says nob

government of it's not the source of evil it's the reflexion of the problems of this system corporate america wants to recruit the losses it suffered over the last 18 months so jacking up prices in order to improve their profits labor cannot follow we have a weakened labor movement then in american history before it cannot raise the wages comparably it hasn't done it the last year there's no sign that it will this means that as prices and profits go up either this system crashes or the inequality we've already suffered from gets worse this is an economic system in deep trouble but you know it's not profits profits are going up because companies costs are going up along with the prices they're charging their customers so they're trying to maintain their margins are not actually getting a windfall profit because they're raising prices in fact in many cases companies have been reluctant to pass on their higher costs to their customers and so profits are being diminished so companies simply have the rage prices to catch up to where they should have been but we're only getting started in this proc

government of it's not the source of evil it's the reception of the problems of this system corporate america wants to recruit the losses it suffered over the last 18 months so jacking up prices in order to improve their profits labor cannot follow we have a weaker labor movement than in american history before it cannot raise the wages comparably it hasn't done it the last year there's no sign that it will this means that as prices and profits go up either this system crashes or the inequality we've already suffered from gets worse this is an economic system in deep trouble but you know it's not profits profits are going up because companies costs are going up along with the prices they're charging their customers so they're trying to maintain their margins are not actually getting a windfall profit because they're raising prices in fact in many cases companies have been reluctant to pass on their higher costs to their customers and so profits are being diminished so companies simply have the rage prices to catch up to where they should have been but we're only getting started in this proces

meanwhile corporate america is leaning in more and more.ry beginning, however, you know, with these big businesses right, opining openly on social issues and more recently taking even stronger political sides. now my first instinct, what were they hiding? when i look into the companies myself, i look into their history, their business practices their board of directors. i always come away maybe they should set the example rather than wag a finger. funs out my gut, it was right all the time. an exhaustive study will be published monday that showed companies made statements of solidarity with the black community have 20% fewer black employees that companies that didn't make any statements at all. now the report holds out hope that $4.6 billion pledged to help would somehow make a difference but i wonder how much of that money will be used to buy real estate, expensive real estate, maybe cuban cigars. i'm more concern ad lot of that cash will be funneled to organizations that lose power and influence as our country grows closer together. the b

you do and you're damned if you don't and you know the problem is the biggest debtor it's not corporate america it's the federal government itself you know we've got a national debt now that's coming close to 30 trillion dollars we're adding another $4.00 to $5.00 trillion a year based on all the spending and the only reason we're able to finance it is because rates are in 0 but if the federal reserve has to raise interest rates sufficient to fight off inflation the u.s. government will be insolvent and will be forced to default on its debts and the only way it could avoid 'd afford avoid default would be massive cox 2 of title myths like so security medicare and substantial increases on middle class americans not the rich but on the middle class that's the reason that they want to pretend that inflation is transitory they know it's permanent but they also know they have no ability to do anything about it and professor wolf i want to give you an opportunity before we go either there was a whole other topic i want to hit on but i want to reference what peter just said there because his reference

career in business and public policy, i already have strong relationships with many people in corporate america. they know we returned my call. -- j note meet and return my call. there is a general desire to help this administration be successful. the business leaders i am talking to, they know we need to make these investments. they want to help us be successful. calls are returned speedily. >> let's talk about the individual tax increases. the president has a no tax increases. people above that would see a tax increase that to go as high as 30%. >> he is proposing it today. i will say this. the president wants bipartisan and is compromising -- if compromising is a part of that, that's what he wants to do. the only thing that is acceptable is getting nothing done. trading capital gain -- treating capital gains -- rubric popeyes, maybe? we will compromise as we go. >> let's talk about your background. you grew up in rhode island. >> worked his whole factory. rhode island was the few remaining main capitals of america. i grew up in a pretty small house. i went to college i was so excited because

got a minute to go and i want to squeeze this in, because another really embarrassing week for corporate americaunist kind a. there could be help on the way, senator hawley is sponsoring an amendment that would require these large corporations to certify they don't use enslave ment or traffic labor out of china. i think it's a step in the right direction but what do you make of this? it's so embarrassing just they have nothing when it comes to this. >> right and these are the same corporations that are virtual signaling about black lives matter, about "voting rights" bringing up a bunch of left wing causes and posing as though they are sort of have social justice in mind, meanwhile, they are using slave labor in china, and as you say, a lot of celebrities when their bottom line is threatened by china, they go ahead and tow that line for the ccp, so i like this amendment because it highlights just how hypocritical corporate america is, and how thin their virtue signaling is when actually, dollars are on the line for them, and i commend josh hawley and senator ossoff for exposing corporate america

by the way what is the meaning of doing the right thing when it comes to corporate america? i will ask bob doll and carol roth. as dark clouds ascend over the biden presidency. many are saying they have seen this movie before. it might have been titled, malaise, starting jimmy carter are we headed back there? we'll break it down with art laffer and so much more on "making money." ♪. charles: there is an old saying, let me sleep on it t might have played a role in today's big turn around. early this morning under huge pressure, an hour before the ppi release, buyers started to emerge particular any in the growth names. even after we got a huge jump in consumer prices well above wall street's expectations, the it jumped to the upside, and pendulum of fear swung back to fear of missing out. buying the dip has been a good since 2009 and technically since the beginning of time. i want to get the read from two of the best. federated hermes chief market strategist, phil orlando and kits fared group chief strategist, keith fitz-gerald. i was crunching numbers yesterday in the cpi re

maria: yeah, it is unbelievable when is corporate america major investors getting the memo kyle you've got major corporation public companies, ready to open up their -- their businesses in beijing, i keep saying i have been saying for a long time, look at what happened to the ant group make sure you understand, the treating the that jack ma got. this is one of china's jewels, jack ma with you know billionaire air found one of the most successful in china alibaba that is the point you can't become bigger than china jack ma was getting too successful for ccp they disappeared him three months, when is corporate america going to get the memo here about the threat that is you communist china? >> yeah, i i mean, jack ma so far has gotten off easy maria, just -- removing him from position taking a bunch of his stock if you remember, the chairman of hna you know did a 50 foot trek off 2 1/2-foot wall, and then the head of interpol who is chinese disappeared and interpol was the one investigating th the hna dive off the wall, if you see the wall, it is 2 1/2-foot wall 50-foot drop on the other

game out of atlanta in response and you've seen in response to that or to those announcement by corporate america a lot of democratic politicians disagree with that law and we don't want the economy in georgia here to suffer as a people like stacy abrams and senator warnock and the democratic senators from georgia has said they don't support businesses pulling out of georgia because they live in georgia and so of course they have to say that but that is not to say that corporate america or other outside voices are wrong for making it stand against the voter suppression law in georgia. ruth bader ginsburg, steven breyer, their job to publicly try to keep confident up about the court as an institution but it's the job of thus on the outside that can have enough common sense to note that the court has become irreparably politicized to make proposals like this one. >> the president has made announcements on this and talked about forming a commission to take a look at the issue and we heard both speaker pelosi and senate majority leader say they will hold off on making an effort to expand the court un

corporate america is advertising its efforts to grapple with racism and to engage with society on questions of racial justice in europe things are a bit more complicated many researchers anti-racism activist and diversity experts say that european companies still haven't engaged with the reality of racism the lack of data. in many european countries to show that the effects and impact of racial discrimination helps corporates avoids this issue in europe the biggest opportunity is capturing all the information that's out there are around different ethnic groups racial groups. and with that valuable data or information companies can do wonders in the sense of recognizing where where their challenge the using but you just solve this we have to create very transparent hiring situations there needs to be that mutual respect . well i'm not winning today i'm definitely losing but at least i know what the rules are but that's not what it's like with racism or any form of discrimination it's like playing a game where the walls are always changing and you end up being excluded without knowing what th

the democrat party corporate america, and social media titans are dividing us by race to keep us at eacher's throats because when america comes together, to power populism is a threat to their power in profit. so when americans realize what we have in common and we fight for each other, not against each other, that is when the american dream will be fulfilled. joining me now to react senator ted cruz, senator do you agree with that assessment? >> i think it is exactly right. i think wokeness is -- is trying to destroy america. and we're seeing whether it is the corporate media or big business we're seeing woke corporations that are engaged as the political enforcers of the radical left and -- are trying to silence or trying to cancel or trying to punish american citizens and i think it is profoundly dangerous. >> so what does republican party need to do about that? there's always been talk about trust busting, teddy roosevelt but it never seems to go anywhere. what's the next step? >> look we have to grow backbone we have to stand up to big business, and we've got to take on big tech. we

supporting the calls for racial justice from the black lives matter movement by august 2020 corporate america reportedly pledged more than $7000000000.00 to support efforts to fight racism leaders recognize they were in a position of influence but also that there was a demand if they wanted to eat their consumer is happy with their products and services corporations are really the most powerful entity and society has a mench influence over all we're seeing or work. over a host of issues that our society wrestles with. chris miller works for ice cream maker ben and jerrys heading the company's social justice campaigns the company took a stand on racial justice years ago it began supporting the black lives matter movement in 2016 still they vents of last year changed everything. the murder of george florida and the resulting protests showed was that there was increasing expectation and perhaps a redefinition around what it means to be a corporate citizen and that corporation. we're being looked to to be a part of the dialogue that's happening within society ben and jerry's has launched a podcas

, you have -- i come from the corporate state of america, more people, more corporations investeds combined. guess what, the idea you have 55 corporations as of last year making over $40 billion and didn't pay a single penny in federal tax, come on. i'm not asking anybody to do anything that's not -- by the way, the highest tax bracket in fact when george w. bush was president, people -- millionaires were paying at 39.6%. and what are they paying now? and so it's just about being fair. the middle class is carrying too much. >> i watched the speech last night. i watched the address. and then i watched the rebuttal from the junior senator of south carolina last night, tim scott. and i don't know if you caught it. >> i didn't have an opportunity. i didn't deliberately. i didn't have an opportunity. >> he said among other things america isn't racist. is it? >> no, i don't think the american people are racist. but i think after 400 years african-americans have been left in a position where they are so far behind the eight ball in terms of education, health, in terms of opportunity, it'

corporate america. you have -- i come from the corporate state of america. more people, more corporations invested and registered in the state of delaware than all the rest of the states combined. well, guess what? the idea you have 55 corporations, as of last year, making over $40 billion and didn't pay a single penny in federal tax. come on. i'm not asking anybody to do anything that's not -- and by the way, the highest tax bracket, in fact, when george w. bush was president. people -- millionaires were paying at 50 -- or excuse me -- 39.6%. and what are they paying now? and so, it's just about being fair. the middle class is carrying too much. >> i watched the speech last night. i watched the address. and then i watched the rebuttal from the senator of south carolina last night, tim scott. i don't know if you caught it. >> i didn't have an opportunity. i didn't deliberately not watch, i just didn't have an opportunity. >> he said, among other things, america isn't racist. is it? >> no, i don't think america -- i don't think the american people are racist.

it's time for the richest 1% of americans in corporate america to start to do their part. for example, 55 of our largest corporations in america paid zero dollars in federal taxes. and that made $40 billion. not a penny in tax. if we had a minimum book tax for corporations, just the fortune 500 companies, just the minimum tax of 15% -- i bet all of you would sign up for 15% tax right now. if it was just 15%, we would raise $230 billion and pay for all of this. i'm not trying to punish anyone. we have to make corporations making $40 billion and paying zero dollars -- it's just not right. something is seriously wrong here. georgia, i think a lot of you know i ran for president saying we had to heal the soul of this nation. that's what we have to do. the conviction of george floyd's murder is now our opportunity to make some real progress to restore the soul of this country. we can do it. we can act rational police reform, root out systemic racism in our criminal justice system. and with real plans i outlined today, we have a real chance to deliver real equity across the boar

plus companies about george's vote law, we just want to point out this is what's going on in corporate americank nike could spend a lot of time putting footprints on capitol hill as opposed to china on capitol hill looking at nike among many other corporations but with a lot of suspicion because of the relationships in china if they are not using forced labor to get any part of the material than the attic come before congress and show the supply chain into apl probably. we should be held up as a good example, not somebody who isee re-investigated i think congress would be happy republicans and fewer corporations, lower taxes, better trade deal we boys had a great relationship but we need to rebuild that relationship. liz: jack kingston, good to see you, come back soon. up next the guy who first drawn attention to how outrage periods are, the schools are not reopening, brandon michon 'thus, he'll talk with us how parents across the country are revolting against school boards were not reopening, hurting their kids but were seen parents starting to win, that story next. >> you think your martyrs

vance's critical remarks about corporate america's involvement with voting laws but it seems to have him. i don't know if he's personally involved but at least to make clear there is another viewpoint out there and these companies know it's not just one point of view that they are responding to it might not seem like boycotts but i think they're just trying to make their voices heard. >> one of the reasons that companies have tended to try to stay out of politics as much as they can over recent decades is because you fear that you're going to alienate 50% of your customers and nobody wants to do that if you're trying to sell widgets. what's changed over the past year, though, is that both their employer base and their future customer base, where the growth is demographically is around some of these galvanizing issues an they felt they needed to be there to support their employees who are very much pushing for some of these political stances that the companies have taken and also because that's where the growth is going to be with the millenial generation and the generations behind it

target endorses rioting and looting and so as the rest of corporate america.on't endorse it preserving our civilization and you should know that. while there aren't a lot of tv reporters who actually break new stories anymore.he so you notice when you find one. one we have noticed a lot in the last year's bill. you have seen him reporting from the show from our. today is his first day as a fox news national correspondent. we are thrilled by this. he has an occlusive new footage spon an attack on a police officer. congratulations. >> hey, tucker. thank you. glad to be on the team. it is a great example of the animosity that some of the officers out there are encountering industries. they are still in the process of rolling all of those out. it comes from a deputy. it is his own personal body camera.th he has been on the force for 14 years and tells me he has his own personal body camera to kind of protect himself from false allegations when he is out there at work. it's a good thing he did becaust a couple of weeks ago he did what he thought was an average traf

why is this a significant moment in this reopening of corporate america?ley: jp morgan is the largest u.s. bank. it is a bellwether for the u.s. financial industry. it was the first to mandate all employees returned to the office, the first to get that timeline. jamie dimon doing so last month. he has said he expects all employees back in the office on a consistent rotational basis by early july. that starts today. this headquarters where i am standing has been open for the duration. jamie dimon has been coming into work since last june. in other places like ohio and texas, office still virtually shuttered because of covid-19 and that changes today. it is -- jp morgan making this move sooner than other banks. goldman sachs says they expect a comeback by mid-june, but others like wells fargo not looking at a returned office until after labor day. jonathan: it is not about the business behind you. the business behind you has done tremendously well. the individuals working there have carried on working. it is about the businesses around that headquarters behi

supporting the calls for racial justice from the black lives matter movement by august 2020 corporate america reportedly pledged more than $7000000000.00 to support efforts to fight racism leaders recognize they were in a position of influence but also that there was a demand if they wanted to eat their consumer is happy with their products and services corporations are really the most powerful entity in society that has a mensch influence over all we're seeing over work. over a host of issues that our society wrestles with. chris mello works for ice cream maker ben and jerrys heading the company's social justice campaigns the company took a stand on racial justice years ago it began supporting the black lives matter movement in 2060 and still they vents of last year changed everything. the murder of george florida the resulting protests showed was that there was increasing expectation and perhaps a redefinition around what it means to be a corporate citizen and that corporation. we're being looked to to be a part of the dialogue that's happening within society ben and jerry's has launched a

in corporate america, no one is paying for it. allowed to admit it in corporate america. >> joining us now is michael white. michael, good morning. everybody seems to be on one side and that is negative. as hard as it may be, is it possible to see the other side is there anybody aside from david of discovery that has gotten it right or gotten a good deal >> good morning, brian nice to be with you. look, i think you have to separate the discussion about what was done in the original merger clearly there were flaws in the strategy and challenges in the exec execution. let's put that aside for the investor and employee and stake holder, what does the future hold? you will have two stronger companies here without a doubt you start with the strategically focused. they both have scale and for the combination of time warner and discovery, they have global opportunities which will be critical to compete with netflix and the world. there will be challenges without a doubt. jim cramer's comments about transformation there will be a lot of h

you know, i'm sick and tired of corporate america not paying their fair share. their taxes used to be 38 -- 36%. we all thought that was too high, even in our administration. and we wanted to reduce it to 28%. make it more competitive. some thought 24. but it got reduced to 21%. and you know what the result is? of the largest corporation in america, 50 don't pay a penny in tax. made $40 billion. don't pay a penny in tax. if you are a construction worker and your wife's a school teacher, you are paying at a higher-tax rate than corporate america's paying. not a joke. not a joke. >> so, president biden, yesterday, that's what he said. but really, laura, he is looking to make a deal. yesterday, for the first time, we saw him offer a range on that tax rate. remember, he proposed 28%. that made moderate-democrats go, eh, we're not so sure. it made republicans, basically, dismiss the idea. yesterday, he said he 'd be comfortable with 25 to 28, right? we are starting to see where some of those compromises are going to come in. so, next week, we know that he will be mee

plus companies about george's vote law, we just want to point out this is what's going on in corporate americall as opposed to china on capitol hill looking at nike among many other corporations but with a lot of suspicion because of the relationships in china if they are not using forced labor to get any part of the material than the attic come before congress and show the supply chain into apl probably. we should be held up as a good example, not somebody who isee re-investigated i think congress would be happy republicans and fewer corporations, lower taxes, better trade deal we boys had a great relationship but we need ld t tel relnshiionsions you,eyou,ack b soo s s toyou, hehe guy girst firra fir are, tar schoo s arelslsls not open op b,ndonrandonhondon' ',usus l ta'litsh uow p uow ross rohe crohentryro arere revting nschains bool bs w bs en open hopheirsidsidss t wte sere parnrtinntag thatoryhatory next. you thihiourrsr be e of theis tn t y y he s sst doo not liehathetajority theopheulation i ats r , the garbage workers who pick up my f freakig trash risk their lives every day, more than

. >> lower corporate income tax rates -- >> lower taxes drives more investment drives greater wages. >> you need a competitive tax system. if you don't it hurts the businesses in america. >> all you're going to do is kill job creation, push investment off shore. >> now economists debate all kinds of things. here's one thing we know. corporations pay less because trump slashed their rates by about 40% when he got in office. moving over $1 trillion off their corporate balance sheets. that bill goes somewhere else. trump even told his millionaire donors that his tax reforms would help them. he was blunt how it was a wild perk for corporations. >> corporations are literally going wild over this. the biggest tax cut, biggest reform of all time. >> going back to just before the aberration of the trump presidency corporations paid above 30%. in the '50s and '60s many paid half which paid for schools and bridges. this change was led by republicans and some democrats. the top republican leader in the day warned that this would cost so much that surplus money for the elderly and health care would be raided. >> it will use social security surpluses, i promise you as we saw throu

of the largest corporations in america, 50 don't pay a penny in tax. made $40 billion. don't pay a penny in tax. if you're a construction worker and your wife's a schoolteacher, you're paying at a higher tax rate than corporate america is paying. not a joke. not a joke. i don't want to punish them. and by the way, they used to do a lot more research and development. major corporations now, because we've changed the law, in fact, it used to be that a corporate ceo got paid 36 times as much as the average employee in their corporation, the fortune 500. now it's 456 times. mother would say, who died and left them boss? well, 56% of -- 53% of all the money they made, excuse me, of a trillion dollars over ten years, wh what'd it do, according to a major study? it went to buying back their stock. why do you buy back your stock? because ceos now get paid in stock purchases, stock options. it used to be they got paid in direct salary, and they get paid in stock options so if you have ten shares of stock, you sell five, the five left are worth more, you get paid in stock, it's b

what that says about corporate america and their deference to chinese interests. any "bogus" fees.ose fees. no hundred-dollar fuel fee? pumping gas makes me woozy. thank you. no $600 doc fee? ugh, the printing, the organizing. no $200 cleaning fees. microfiber, that chaps my hands. you know, we should go over there right now and show 'em how fees are done. (vo) never pay a dealer fee. with carvana. it's the memorial day sale on the new sleep number 360 smart bed. it's the most comfortable, dually-adjustable, foot-warming, temperature-balancing... proven quality night sleep we've ever made. and now, save $1,000 on the new sleep number 360 special edition smart bed, plus free premium delivery when you add a base. ends monday keeping your oysters business growing has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo >>> in our money lead, a look at how the chinese government uses it eco

think it's something people put into those corporate engagement with employees and customers. >> and started after george floyd was killed that's nothing new in america but there was a southern uprising. and vocal support from the corporate world to change the system and not just hopefully be a fly-by-night effort. are theret any lessons to be drawn from black executives sense of already spearheaded with voting rights? >> yes. we are familiar with that he really believes in the allies shipped across our community. that has been very communicated very deeply and frequently with other minorities. and learning from eachhe other. we need to make sure that there is opportunity and access for people of color across the board. and that is an and to and kind of development. with spot programs. and the diversity in the united states. there is a lotot s of different challenges of addressing people's needs because somebody who is born here in their twenties versus emigrated from a different part of the world faces different challenges. so as we learn from broader organizations to specifically for asian americans we can understand what is needed to make it work

jonathan: and at the margins for corporate america, who can take this?ian emanuel of btig has made the point that he thinks he likes staples for that reason. morgan stored me -- i've heard morgan stanley say something similar. people are already talking about where the margins are, who's got the margins to tolerate the higher prices. tom: i don't have any wisdom. jonathan: the sector level call has been shaped by this. not quite yet on margins. we need to get some more calls on margins as the year progresses. from new york this morning, good morning. your claims data up next. alongside tom keene, i'm jonathan ferro. with green on the screen, this is bloomberg. ♪ ♪ ♪ look, if your wireless carrier was a guy you'd leave him tomorrow. not very flexible. not great at saving. you deserve better... xfinity mobile. now they have unlimited for just $30 a month... $30. and they're number one in customer satisfaction. his number... delete it. i'm deleting it. so, break free from the big three. xfinity internet customers, switch to xfinity mobile and get unlimited

then what does it mean for all corporate america? first of all thank you very much for having me back on the show and federated hermes in the esg area. think about what has been going on in the country over this past year. we've had a global pandemic and the tragic george floyd murder a year ago so there are profound social changes underway. the engine one, the hedge fund waging this battle against exxonmobil has been working on this for six months. they made a very interesting pitch. look, exxonmobil made bad investments, returns haven't been great. they haven't done a good job getting into alternative energy initiatives. maybe we ought to ought shake up the board. they were to wrest two seats away from the company. maybe that is just a shot in the dark but i think there is actually a touchstone that corporate america needs to pay attention to, which is to say, if you're underperforming your traditional metrics, performance, corporate earnings, share prices, whatever, and you're doing a poor job in your esg metrics, you could be tar

. >> reporter: today disney organized a conversation suggesting that corporate america change the narrative. >> you have an amazing opportunity in everything you do to portrayers of what we are. positive contributors to america. >> in san francisco's mission district the day marked 1 food began distributing food during the covid pandemic. community activist roberto hernandez says this day should be a celebration of the mexican resilience. >> covid again you know it invaded our community. latinos were the most affected here in san francisco and throughout the country. we as a community, we were resilient. >> reporter: and yes he says let it be known mexicans good sensible celebration. in san francisco, lian melendez. >> great day to celebrate cinco de mayo. let's get a check on the weather forecast. >> yes meteorologist sandhya patel has a look at what's coming our way. >> we're going to have even cooler weather coming our way. it was absolutely bebebebebebe first san francisco is some where under that fog. it will continue to deepen will continue to do so into tomorrow. 5 degrees drop in sa

100 plus companies about george's vote law we just want to point out this is with going on in corporate americank nike can spend a lot more time on capitol hill then as opposed to china, i think people on capitol hill are looking at nike among many other corporations but with a lot of suspicion because of the relationships in china, if they are not using forced labor to get any part of their material than they ought to come before congress and show the supply chain into it probably did say we should be held up as a good example, not somebody who's been investigated and i think congress would be happy, think about this, republicans have stood with corporations on fewer regulation, lower taxes, better trade deals, we set a great relationship, we need to rebuild that relationship. liz: jack kingston, good to see you again, come back soon. up next a guy who first drew attention to how outraged parents are that schools are not reopening, he will be back with us. he's getting talk with sl parents across the country are revolting against school boards for not reopening, hurting the kids but were seen

charles: this is being canceled in china which seems to have more sway over corporate america, woke corporate america than certainly conservatives in america. the movie did 160 million in the first weekend, 135 million out of china. also let me add mark ruffalo. he also had to apologize. this is really tough. saying israel was committing genocide against palestinians. kathryn, all of this, he was forced at the direction of disney, they own "the avengers" franchise. where he is making a lot of money. if you broaden this out, another reason why the large corporations and their proxies, whether actors or anybody else should simply stay out of political commentary. your thoughts. >> it is beyond me why they think it us to their benefit. stick with the bottom line, rather than alienating consulting their consumer base. woke ideology is popular with the elites but not popular with the common american. i think we need to look what happened with the deplorables, how it worked out for hillary and focus on the bottom line, guys. charles: you always focus on the bottom line. let's shift gears for a mome