Record Corporate Profits in 2022, But Pay and Equality Issues Persist for Workers
• US corporations saw record $1.25 trillion in profits in 2022, with 90% going to shareholders • CEO pay up 30% while few companies commit to living wages for workers • Retail sector found to be least equal in terms of gender, race and pay • Corporations avoiding high tax rates through legal maneuvers • Boeing CEO stepping down after years of airplane safety and quality issues