Good Jobs First Blog

Apr
3
2019

Retirement-Plan Class Action Payouts by Large Corporations Top $6 Billion

A new compilation of court records finds that large corporations have paid out $6.2 billion in class-action lawsuits in which employees claimed that the companies acted improperly in the administration of their 401(k) or defined-benefit pension or retiree health plans. That’s the total of 201 settlements and verdicts since the

Apr
1
2019

Amazon Apologizes, Foxconn Folds, Big Oil Fesses Up

Corporate America got religion ahead of Easter this year, as peace broke out in America’s tax-break war among the states.

Nov
26
2018

Of the 20 Amazon HQ2 Finalist Cities, 17 Have Now Released at Least Partial Information on Their Bids

With the HQ2 contest now concluded, additional cities are releasing details on their Amazon HQ2 bids. Bid amounts in this blog include both city and state incentives. With the exception of HQ2 “winners” New York City, Arlington Va. and Nashville, all cities’ bids are based on Amazon’s original proposal that

Jun
5
2018

Report: Wage Theft is Pervasive in Corporate America

A new Good Jobs First report finds that many large corporations operating in the United States have boosted their profits by forcing employees to work off the clock, cheating them out of required overtime pay and engaging in similar practices that together are known as wage theft.

May
31
2018

GASB Rules: Most TIF Spending Will Remain Undisclosed

May 2018--In a recent update of its Implementation Guide, the Governmental Accounting Standards Board (GASB) defied the recommendations of many commenters and ruled that most tax increment financing (TIF) spending will remain undisclosed.

The ruling is a major blow to GASB’s Statement 77 on Tax Abatement Disclosures, the new rule