While many reputable companies have pulled out of Russia long ago, American language learning company Duolingo has continued its business in Russia, reveals TASS.
In April, the company was told to censor its app, so Russians can no longer see ANY reference to the existence of #LGBT persons, and instead of ending its business in Russia, the company chose to help the dystopian regime and comply, writes Latvian-based newsmedia Meduza.
@randahl as a Duolinguo Super subscriber, i just filed a "purchase issue" bug report in protest of this outrageously craven affront to mine and my siblings' human dignity:
If inflation comes up at the dinner table tonight, don’t forget to draw attention to a deeper structural driver of high prices: the concentration of the economy in the hands of a few corporate giants with the power to price-gouge, even as they rake in record profits.
While Wendy’s plans to price gouge you with Uber-style surge pricing, it’s simultaneously enriching wealthy shareholders with a $500 million stock buyback program.
That’s the thing about corporate greed: It’s shameless.
They’ll just keep pushing to see how far they can go.
The price of Huggies diapers went up 6% between April- June 2023.
Inflation, right? Wrong.
Kimberly-Clark, the maker of Huggies, reported that the cost to make its products fell by $75 million.They took the money and ran, banking $168 million in operating profits in Q3 2023.
Now, new research shows that corporate profits drove 53% of inflation during the 2nd and 3rd quarters of 2023. During the 40 years prior to the pandemic, profits drove just 11% of price growth.