corporations - Page 2

China Wants State-Owned Firms to Take More Control over Hong Kong

Chinese business executives revealed to Reuters on Thursday they were summoned earlier in the week to a meeting in Shenzhen, the city closest to Hong Kong, and urged to invest more heavily in Hong Kong so they could help the Chinese Communist Party exert more control over the city.

HONG KONG, CHINA - SEPTEMBER 12: Protesters sing songs and shout slogans after gathering a

Multinational Corporations in Mexico Shutting Down Due to Drug War Violence

There aren’t many smiles to go with a Coke in state of Guerrero, Mexico, these days. FEMSA, the largest franchise Coca-Cola bottling company the world, shut down its distribution centers in Iguala—site of the kidnapping and likely massacre of 43 students nine months ago—and Arcelia while maintaining facilities in other parts of the state.

Mexico Coca Cola

Confirmed: People Have Very Unrealistic Notions About Corporate Profit Margins

Perhaps political attitudes would change if more people understood that the government is raking in more money from their purchases than Walmart is. Politicians excel at portraying themselves as perpetually under-funded in their selfless quest to make life better for everyone. At the same time, they teach the public to believe private industry is rapacious and exploitative, rather than working with six or seven-percent profit margins.

REUTERS/Edgard Garrido