AstraZeneca announced nearly $2 billion in Q2 2024 earnings today—a shocking total earned amid the company’s ongoing legal challenge to block the Biden-Harris administration from lowering medication costs for millions of Americans. The pharmaceutical giant is one of five companies appealing recent court rulings defending Medicare’s negotiation auth
Today, U.S. Bancorp and Synchrony Bank announced $2.25 billion in combined Q2 2024 earnings, up 17.7% and 13%, respectively, while harming consumers with junk fees and predatory interest rates. An Accountable.US review found U.S. Bancorp raked in $277.3 million from fees on deposit accounts, including $55 million from overdraft fees, between Januar
Today, beverage giant PepsiCo. announced $3.08 billion in Q2 earnings, beating earning estimates as the latest Consumer Price Index (CPI) report shows corporate profiteering in the big food industry remains a major driver of costs even as inflation has cooled for the fourth consecutive month. After a series of price hikes last year, PepsiCo has see
Letters and research by corporate watchdog group Accountable.US sent to state attorneys general in California, Colorado, Massachusetts, New Jersey, and New York urging investigations into major rental companies accused of illegal rent-price fixing in Washington D.C. that are also operating in their states, has garnered notice in local outlets incl
Tomorrow, Republicans on the U.S. House Education and Workforce Committee are expected to advance H.J. Res. 142, a Congressional Review Act resolution to block the U.S. Labor Department’s crackdown on junk fees in retirement investment advice – an effort that will save retirement plan participants an estimated $55 billion in fees...
In the latest win for seniors and patients struggling to afford their needed medications, a federal judge in the U.S. District Court of Connecticut has rejected pharmaceutical giant Boehringer Ingelheim’s challenge to the Inflation Reduction Act’s measures giving Medicare the power to negotiate lower prices directly with drug manufacturers. Boehri
In the latest consequence for everyday Americans of a worsening corporate judge shopping crisis, today Trump-appointed Northern District of Texas Federal Judge Ada Brown ruled in favor of the U.S. Chamber of Commerce and Ryan LLC by staying the Federal Trade Commission’s (FTC) new rule banning non-competes nationwide. The rule is slated to take eff
Further fueling the corporate judge shopping crisis, late Friday, Washington D.C.-based Financial Services Institute (FSI) and New York City-based Securities Industry and Financial Markets Association (SIFMA) sued the Biden administration in the Northern District of Texas aiming to block the U.S. Labor Department’s final rule cracking down on junk
Nonpartisan corporate watchdog group Accountable.US has sent letters to state attorneys general in California, Colorado, Massachusetts, New Jersey, and New York (Click States to View Letter) urging their offices to investigate whether major rental companies that have been sued in Washington D.C. for alleged illegal rent-price fixing may be engaging
Get the latest news on how we’re holding big business, government officials, and special interests accountable, and what you can do to get involved.
By submitting your cell phone number you are agreeing to receive periodic text messages from this organization. Message and data rates may apply. Text HELP for more information. Text STOP to stop receiving messages.
