FAYETTEVILLE, Ark.--(Business Wire)--Sending a message to the Walmart heirs who control the company, a growing number of institutional investors, independent shareholders, analysts and advisors are raising concerns – and proposing changes – at Walmart’s annual shareholders meeting Friday.
(NEW YORK, NY) – In anticipation of the annual Walmart shareholders’ meeting this week, national public policy organization Dēmos has released a 2014 update of previous research detailing how Walmart can afford to give its workers a raise by redirecting the funds spent annually on buying back shares of Walmart’s own company stock.
NEW YORK, NY— A new report by the national public policy organization Demos reveals prevalent business practices in the retail sector such as low pay, erratic scheduling and scarcity of basic benefits are keeping millions of hard-working women and families near poverty.
Chairman Harkin, Ranking Member Alexander, and Members of the HELP Committee: I greatly appreciate this opportunity to speak to you about economic security for working women, particularly the experience of women in the retail industry. My name is Amy Traub and I am a senior policy analyst at Dēmos. Dēmos is a non-partisan public policy organization working for an America where we all have an equal say in our democracy and an equal chance in our economy.
WASHINGTON, DC – Citing a recent report which found an alarming 1000-to-1 pay disparity between fast food CEOs and their front line workers, Senator Menendez again called on Securities and Exchange Commission Chair Mary Jo White to finalize its rule requiring publicly traded companies to disclose the ratio between the compensation of their CEO and median worker, as directed by Section 953(b) of the Dodd-Frank “Wall Street Reform Act”.
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New York, NY – The national public policy organization Demos has released a new report that examines the underlying reasons why some Americans have credit card debt and finds further evidence that, contrary to popular belief, indebted households are not the product of less responsible spending habits.
Chairman Schumer, Senator King, Ranking Member Roberts, and Members of the Committee, thank you for the opportunity to submit this testimony for this hearing on the harm of secret political spending, the impact of the Supreme Court’s recent decision in McCutcheon v. FEC, and solutions to address the problem of improper influence of money in politics in America today.
In response to yesterday’s Supreme Court ruling, which upheld a Michigan state law banning the consideration of race or ethnicity as a factor among state college admissions, Demos President Heather McGhee issued the following statement:
The country should be recommitting to diversity and inclusion, not retreating.
(New York, NY) – Today, national public policy organization Demos will release a new report examining the latest CEO-to-worker compensation ratios of the largest publicly traded fast food companies and shows that the fast-food industry has the greatest pay disparity in our economy, with ratios exceeding 1,000-to-1.
(New York, NY) – As shareholders prepare for annual meetings, Demos released a new study today that finds that the fast-food industry has the greatest CEO-to-worker pay disparity in our economy, with ratios exceeding 1,000-to-1. The study finds that the growing disparity within fast-food threatens economic growth and shareholder investment.
NEW YORK— Yesterday, New York joined ten states and the District of Columbia to enact a National Popular Vote Interstate Compact (NPVIC) proposal. NPVIC, if enacted, would award all of a state’s electoral votes to the winner of the national popular vote, ensuring the winner of the popular vote wins the presidency. NPVIC, which takes effect when enacted by states representing a majority of electors, has now received over half of the state laws it needs to be realized.
New York adopting the National Popular Vote proposal is a victory for democracy
NYC Council Members will join community, labor, and civil rights groups to call for passage of “The Stop Credit Discrimination in Employment Act,” a bill to eliminate the unfair and discriminatory use of credit checks by employers. If passed, the Stop Credit Discrimination in Employment Act would be the strongest law protecting workers from unfair employment credit checks, in the nation. New Yorkers denied jobs based on information in their credit reports will tell their stories and will be available for interviews.
SACRAMENTO – In a victory for voting rights, the state of California has agreed to mail voter registration cards to nearly 4 million Californians who have signed up for health insurance through the state health exchange, Covered California, and to ensure that Californians who apply for health benefits through the exchange going forward are provided voter registration opportunities.
BOSTON, MA — On Friday, the United States District Court for the District of Massachusetts issued a series of rulings in Delgado v. Galvin, rejecting defendants' efforts to dismiss parts of the case, adding MassHealth as a defendant, and broadening the inquiry into the statewide failure of Massachusetts public assistance offices to provide federally required voter registration services to the Commonwealth's low-income citizens.
NEW YORK, NY—Today, national public policy organization Demos released a new report detailing the impact of state disinvestment in higher education since the beginning of the Great Recession. The report release coincides with the launch of Higher Ed, Not Debt, a campaign with over 60 organizations dedicated to supporting borrowers, addressing unfair lending practices, and reining in soaring costs in higher education.
NEW YORK—Yesterday, the U.S. Senate voted to block consideration of the nomination of Debo P. Adegbile to serve as Assistant Attorney General for Civil Rights in the U.S. Department of Justice. Demos Vice President of Legal Strategies Brenda Wright issued the following statement in response: