单词 | windfall profit |
例句 | Sanders, who took on agricultural monopolies while campaigning for president in 2016 and 2020, questioned Cal-Maine's narrative in a tweet arguing that "we must break up Big Ag and enact a windfall profits tax." "We must break up Big Ag," Sanders says after largest US egg producer posts 718% profit increase 2023-04-03T04:00:00Z "Special dividends have decreased, reflecting less M&A activity and the disappearance of windfall profits in sectors like mining," he added. Global dividends slide in Q3 as miners drag 2023-11-15T05:00:00Z "So the next step would be then an actual proposal," she said, adding the initial focus would be on windfall profits. EU working on proposal for frozen Russian assets - von der Leyen 2023-10-27T04:00:00Z He has threatened to tax the companies’ windfall profits if they don’t. Oil Companies Make Record Profits 2022-11-02T04:00:00Z Firms are also wary of the risks of foreign sanctions, asset seizures and a windfall profit tax that Moscow levied on some companies this year. Putin projects economic calm after rouble slump, warns of inflation risks 2023-09-12T04:00:00Z It has imposed a windfall profit tax on some companies this year to increase budget revenues. Putin warns of economic strife should inflation rise uncontrollably 2023-09-12T04:00:00Z The U.K. has passed taxes on such windfall profits. BP profits are cut in half to $2.6 billion as oil and natural gas prices fall 2023-08-01T04:00:00Z The U.K. last year introduced a temporary tax on the windfall profits of energy companies after Shell and British rival BP reported record earnings due to soaring gas and oil prices. Shell CEO calls it ‘irresponsible’ to cut oil production now 2023-07-06T04:00:00Z Now many countries are considering whether they should tax these windfall profits. Oil Companies Make Record Profits 2022-11-02T04:00:00Z Syriza puts the cost of its plan at 5.5 billion euros annually, saying that it expects elevated revenues from taxing energy companies' windfall profits. Factbox: Policies of main parties in Greece's May 21 election 2023-05-15T04:00:00Z They’ve stood idly by as mergers and acquisitions reduce competition throughout the economy and have allowed companies in some industries to collect windfall profits without limitation. Column: These companies cynically used global crises to juice profits — and inflation 2023-05-10T04:00:00Z The firm’s windfall profits have drawn criticism, particularly because it used $1.7 billion in taxpayer funding and assistance from the National Institutes of Health to develop its vaccine. Moderna’s billionaire CEO reaped nearly $400 million last year. He also got a raise. 2023-04-29T04:00:00Z "These 'military-industrial complexes' of the United States have always been keen to sell arms around the world, export wars and seek windfall profits," he said. China says Taiwan inviting 'wolves' with US defence industry forum 2023-04-27T04:00:00Z He has threatened to tax the companies’ windfall profits if they don’t. Oil Companies Make Record Profits 2022-11-02T04:00:00Z Top producers have built a war chest to fund acquisitions after reaping windfall profit in 2022 from skyrocketing oil prices following Russia's invasion of Ukraine. Permian in spotlight as energy dealmaking gathers steam 2023-04-18T04:00:00Z Now, penalizing windfall profits — whatever they are — could take up to a year. Column: Newsom learned with oil bill: Working with lawmakers is key to passing laws 2023-03-30T04:00:00Z A week later, the governor expanded on his comments during a press conference and announced that he would call lawmakers into a special legislative session on Dec. 5 to pass a windfall profits tax. California lawmakers approve Newsom's oil bill. Here's what you need to know 2023-03-27T04:00:00Z For example, taxing the fossil fuel industry's windfall profits could curtail supply by making oil and gas production less profitable. The IPCC says we need to phase down fossil fuels, fast. Here’s how the US could do it 2023-03-24T04:00:00Z Activist groups such as Global Witness and some opposition lawmakers in Britain have called for expanding taxes on the windfall profits of energy companies and taxing bonuses. BP CEO pay doubles to $12M as high energy costs surge profit 2023-03-10T05:00:00Z The governor declared his desire to pass a windfall profits penalty on oil companies last fall in response to record gasoline prices in California. Newsom says California will cut ties with Walgreens over abortion pill access 2023-03-06T05:00:00Z Newsom, while railing about the “windfall profits” of gasoline producers, should also investigate the excessive cost that consumers must pay for green hydrogen. Column: Column: Hydrogen cars should be a bigger part of California's battle against carbon emissions 2023-03-02T05:00:00Z By then, he’d transitioned away from calling the proposal a “windfall profits tax” and instead had begun referring to it as a “price-gouging penalty.” California lawmakers approve Newsom's oil bill. Here's what you need to know 2023-03-27T04:00:00Z Other oil and gas producers reaped windfall profits from the effects of the sanctions. Who's winning the economic war over Ukraine — and who's losing? It's not a pretty picture 2023-02-24T05:00:00Z “Any legislation that doesn’t have a penalty and a windfall profits cap would be a failure.” California tries to cap oil company profits. Figuring out how is challenge 2023-02-22T05:00:00Z That sparked renewed calls from the opposition Labour Party for an expanded tax on those companies’ windfall profits. Anti-poverty campaigners rage as energy giants rake in cash 2023-02-16T05:00:00Z Newsom dramatically called a special session of the Legislature in early December to slap oil companies with a windfall profits tax. Column: Column: Newsom promised to punish "Big oil" for profiteering, but so far it's just talk 2023-02-06T05:00:00Z They warn the windfall profit taxes that Democrats champion would backfire by discouraging companies from investing in production. Oil companies post record-smashing profits as gas prices creep up 2023-01-31T05:00:00Z That's also meant windfall profits for renewable energy generation, which have been paid much more for their power than it costs them to generate - one reason the government has imposed a windfall tax. UK pays more for electricity than it costs to make 2023-01-31T05:00:00Z The scale has brought renewed criticism of the oil industry and sparked calls for more countries to levy windfall profit taxes on the companies. White House blasts Exxon over historical $56 bln annual profit 2023-01-31T05:00:00Z The scale has renewed criticism of the oil industry and sparked calls for more countries to levy windfall profit taxes on the companies. Exxon smashes Western oil majors' earnings record with $59 billion profit 2023-01-31T05:00:00Z If we penalize them, when do we start taxing drug companies’ windfall profits? Column: Column: Newsom promised to punish "Big oil" for profiteering, but so far it's just talk 2023-02-06T05:00:00Z Currently, the prospects of a windfall profits tax passing Congress are zero with the House controlled by Republicans, who have wasted no time placing oil and gas industry allies on key committees. "The definition of war profiteering": Chevron posts record $35.5 billion in profit for 2022 2023-01-31T05:00:00Z "The only thing getting in the way is their own decision to keep plowing windfall profits into the pockets of executives and shareholders instead of using them to boost supply." White House blasts Big Oil stock buybacks again as Chevron profits double 2023-01-27T05:00:00Z Last March, Sanders introduced the Ending Corporate Greed Act, which seeks to stamp out price gouging by imposing a 95% tax on the windfall profits of major companies. "Simple profiteering": FTC urged to crack down on egg industry's "organized theft" 2023-01-24T05:00:00Z Chancellor Jeremy Hunt said during his Autumn Statement that he could support windfall taxes "if they are genuinely about windfall profits caused by unexpected increases in energy prices". Oil and gas firm Harbour Energy blames job cuts on windfall tax 2023-01-18T05:00:00Z “The windfall profits tax is a tax. We along with everyone else in California know it’s a tax,” says Brooke Armour, executive vice president of the California Business Roundtable, a co-sponsor of the initiative. Column: Column: Newsom promised to punish "Big oil" for profiteering, but so far it's just talk 2023-02-06T05:00:00Z "The failure to impose a windfall profits tax reflects Big Oil's raw political power, not any principled policy dispute." "The definition of war profiteering": Chevron posts record $35.5 billion in profit for 2022 2023-01-31T05:00:00Z Some governments have turned to taxing fossil fuel companies’ windfall profits as Russia’s war in Ukraine sent oil and natural gas prices soaring last year, squeezing household finances around the world. As Davos opens, Oxfam urges windfall tax on food companies 2023-01-15T05:00:00Z Portugal's parliament on Tuesday approved a 33% tax on the windfall profits that energy companies and food retailers may be bringing in with inflation at a near three-decade high. Oil prices up as U.S. crude stocks seen falling, dollar eases 2022-12-21T05:00:00Z President Biden has also criticized energy companies for “profiteering” and threatened them with a new windfall profits tax unless they increased production. U.S. Gas Prices Are Now Lower Than a Year Ago 2022-12-08T05:00:00Z The oil industry's windfall profit this year has attracted attention from even U.S. Exxon Mobil raises CEO pay 2022-12-05T05:00:00Z Oil industry critics, including Newsom, blame what they call windfall profits and price gouging. You’re going to pay higher gas prices as California decarbonizes. Here's why 2022-12-04T05:00:00Z Oxfam said its analysis of 95 companies that made excess, or windfall profits, found that 84% of those profits were paid to shareholders while higher prices were passed on to consumers. As Davos opens, Oxfam urges windfall tax on food companies 2023-01-15T05:00:00Z The governor’s aides have already shifted away from calling his plan “a windfall profits tax.” High gas prices prompt California lawmakers to consider penalties on oil profits 2022-12-04T05:00:00Z He announced a special legislative session to pursue a “windfall profits tax” on oil companies. Should California tax oil profits? Gas spike hearing sets stage for contentious debate 2022-11-29T05:00:00Z In addition to inflationary pressures, unions cite windfall profits at mining and energy companies, fueled by high coal and gas prices, to support their case for raises. Labour turmoil sweeps Australia as inflation stirs 'spirit of anger' 2022-11-29T05:00:00Z Germany's finance ministry aims to introduce a 33% tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesday. Fed's George: Could take higher interest rates for longer to encourage saving 2022-11-22T05:00:00Z Last week the Czech Parliament approved a measure to impose a 60 percent tax on energy companies’ and banks’ windfall profits. Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies? 2022-11-18T05:00:00Z “If they want to make a windfall profit in California, they can’t, but making a reasonable profit in California should be enough incentive to continue to make gasoline in California.” High gas prices prompt California lawmakers to consider penalties on oil profits 2022-12-04T05:00:00Z “California oil refiners reported truly windfall profits in 2022, profits levels they have never reached in the last 20 years,” said Court. Should California tax oil profits? Gas spike hearing sets stage for contentious debate 2022-11-29T05:00:00Z He also increased and extended a windfall profits tax on energy providers that have reaped huge gains on skyrocketing oil and gas prices in the wake of Russia’s invasion of Ukraine. Facing Recession, U.K. Outlines Billions in Tax Increases and Spending Cuts 2022-11-17T05:00:00Z He is likely to announce an expansion of a tax on the windfall profits of energy companies to help consumers grappling with higher natural gas and electricity bills. UK to unveil spending plan amid big demands but little cash 2022-11-17T05:00:00Z Secretary General António Guterres has called on countries to tax oil and gas companies’ windfall profits to provide money for developing countries to cope with sea level rise, droughts and other climate impacts. ‘Everyone has to act,’ Biden tells COP27, as developing nations slam U.S. 2022-11-11T05:00:00Z Several European countries, including the United Kingdom and Spain, have implemented windfall profits taxes while other international governments have shown interest in some form of profit penalty. High gas prices prompt California lawmakers to consider penalties on oil profits 2022-12-04T05:00:00Z “It’s time for the state to set a windfall profits cap on oil refiners so that the Golden State gouge comes to an end.” Should California tax oil profits? Gas spike hearing sets stage for contentious debate 2022-11-29T05:00:00Z He proposes taxing windfall profits and says Fung is in the pocket of industry. Opinion | How Republicans plan to make a comeback in New England 2022-11-04T04:00:00Z If shaming fails to change their behavior, maybe it’s time for a windfall profit tax on these corporations. Oil profits: Important news 2022-11-02T04:00:00Z It will be financed in part by using “windfall profits” that many electricity generators have run up as a result of high energy costs. Germany moves ahead with massive energy relief package 2022-11-02T04:00:00Z Administration officials conceded privately that it may be difficult to enact a federal windfall profits tax, and said no deadline has been set for a next step. Analysis: Biden's threatened windfall oil tax unlikely to pass U.S. Congress 2022-11-02T04:00:00Z Analysts backing the oil industry say a windfall profits tax would only cause oil refineries to reduce their gasoline supply, leading to more price shocks for consumers. Should California tax oil profits? Gas spike hearing sets stage for contentious debate 2022-11-29T05:00:00Z Chevron CEO Mike Wirth offered a similar warning about the president’s rhetoric deterring production, saying a windfall profit tax or export ban would be “short-sighted.” Energy sector basts Biden for making ‘outrageous’ threats to punish the industry for high prices 2022-11-01T04:00:00Z A “windfall profits tax” would fall on the profits of energy companies that are in excess of their typical annual profits. Biden suggests extra tax on energy giants if they don’t reduce gas prices 2022-10-31T04:00:00Z Gilbert Houngbo, the new director-general of the International Labor Organization, called on governments to intervene to help set prices for goods, redirect “windfall profits” and boost income support and social protections. UN labor agency: Ukraine war, other crises take toll on jobs 2022-10-31T04:00:00Z President Joe Biden for companies to invest the windfall profits from this year's energy price runup in production rather than buy back their own shares. Exxon's record-smashing Q3 profit nearly matches Apple's 2022-10-28T04:00:00Z “The only result of a windfall profit tax will make the problem worse. You are sending the absolute opposite investment decision … to anyone who wants to continue business here.” Should California tax oil profits? Gas spike hearing sets stage for contentious debate 2022-11-29T05:00:00Z “You know, at a time of war, any company receiving historic windfall profits like this has a responsibility to act beyond the narrow self-interest of its executives and shareholders.” Energy sector basts Biden for making ‘outrageous’ threats to punish the industry for high prices 2022-11-01T04:00:00Z Biden’s mention of the windfall profits tax was first reported by the Associated Press. Biden suggests extra tax on energy giants if they don’t reduce gas prices 2022-10-31T04:00:00Z The European Union passed a levy on the windfall profits of energy producers last month to fund relief for people and businesses hit by the energy crisis. TotalEnergies income hits $6.6 billion despite Russia loss 2022-10-27T04:00:00Z Spain and Italy have already imposed taxes on the windfall profits of energy producers as high oil and gas prices — which have fallen from summer highs — squeeze homes and businesses. Shell 3Q earnings double, stir debate on energy profit tax 2022-10-27T04:00:00Z Better to wait out the global supply shocks and deal with corporate power with a temporary windfall profits tax and more vigorous antitrust enforcement. Opinion | Here’s a better way to slow the economy 2022-10-20T04:00:00Z The 27 are expected to back an alternative price benchmark for liquefied natural gas and joint gas buying, after earlier agreeing to cut consumption and introduce levies on windfall profits in the energy industry. EU gas price cap still elusive as leaders meet again over energy crunch 2022-10-20T04:00:00Z In addition to the windfall profits tax on energy firms and the end of concessions to taxpayers, Ms. Reeves also talks about trying to recover government money lost to fraud during the pandemic. Liz Truss’s New Economic Agenda Looks a Lot Like the Opposition’s 2022-10-18T04:00:00Z Strikers demanded higher wages from the windfall profits of energy companies that have seen high oil and gas prices as Russia’s war in Ukraine aggravates an energy crisis. French strike pits workers vs. government as inflation bites 2022-10-18T04:00:00Z Opposition parties are pressuring Prime Minister Rishi Sunak, who took office this week, to increase the windfall profits tax as he rushes to stabilize Britain’s finances with new tax and spending plans. Shell 3Q earnings double, stir debate on energy profit tax 2022-10-27T04:00:00Z Strikers have demanded higher wages from what they feel should be their share of windfall profits generated by high oil and gas prices amid the global energy crisis aggravated by Russia’s war in Ukraine. In France, fuel crisis frays nerves and workers’ resilience 2022-10-15T04:00:00Z Strikers are demanding higher wages from what they feel should be their share of windfall profits generated by high oil and gas prices amid the global energy crisis aggravated by Russia’s war in Ukraine. Strikes continue in French refineries, disrupt fuel supplies 2022-10-14T04:00:00Z To date, Mr. Macron has been loath to tax the oil giants’ windfall profits, worrying it would tarnish the country’s investment appeal, and preferring instead that companies make what he termed a “contribution.” French Strike May Presage a Winter of Discontent for Europe 2022-10-14T04:00:00Z The text said the government has not done enough to fight spiralling energy prices and declined to rise taxes on companies making windfall profits because of high inflation. French Nobel literature winner, others urge protests against Macron as inflation bites 2022-10-08T04:00:00Z It’s going to be a bumpy road for motorists, no matter the merits of an unlikely windfall profits tax. Newsom wants to tax oil companies for soaring gas prices. It'll be a bumpy road for motorists no matter what 2022-10-06T04:00:00Z Unlike Spain, the European Commission has approved a temporary tax on windfall profits at oil, gas, coal and refining companies. Spain to assess extending bank, energy windfall taxes beyond 2 years 2022-10-04T04:00:00Z EU countries' energy ministers adopted a fresh set of policies on Friday to attempt to tame high energy costs, including windfall profit taxes on energy firms. EU leaders to discuss next steps on energy, Ukraine 2022-10-02T04:00:00Z On other energy matters, European Union energy ministers on Friday levied a tax on fossil fuel companies’ windfall profits, but could not agree on a natural gas price cap. Allies aim for risky Russian oil price cap as winter nears 2022-10-01T04:00:00Z European Union countries meet on Friday to approve emergency levies on energy firms' windfall profits and launch talks on their next move to tackle Europe's energy crunch - possibly, a gas price cap. Bulgaria's GERB party expands lead ahead of Sunday's election 2022-09-30T04:00:00Z As California prices surged in recent days, Gov. Gavin Newsom proclaimed that he wanted to retaliate against oil moguls by imposing a windfall profits tax and returning the money to drivers. Newsom wants to tax oil companies for soaring gas prices. It'll be a bumpy road for motorists no matter what 2022-10-06T04:00:00Z European Union countries meet on Friday to approve emergency levies on energy firms' windfall profits and launch talks on their next move to tackle Europe's energy crunch - possibly, a gas price cap. Nord Stream gas 'sabotage': who's being blamed and why? 2022-09-30T04:00:00Z He added that the price cap of gas and electricity in France prevents the company from making windfall profits in France this year. France forecasts weak growth next year amid energy crisis 2022-09-26T04:00:00Z So far, the European Commission has proposed emergency EU measures including windfall profit levies on energy firms, and cuts in electricity use. Group of countries to push EU for gas price cap -letter 2022-09-26T04:00:00Z At the same time, the EU is weighing drastic interventions like taxing energy companies’ windfall profits and revamping electricity markets so natural gas costs play less of a role in determining power prices. Lights out, ovens off: Europe preps for winter energy crisis 2022-09-25T04:00:00Z “The fossil fuel industry is feasting on hundreds of billions of dollars in subsidies and windfall profits while household budgets shrink and our planet burns,” Guterres added. Climate Polluters Should Pay a Tax for Damages, U.N. Chief Says 2022-09-21T04:00:00Z “Polluters must pay. Today, I am calling on all developed economies to tax the windfall profits of fossil fuel companies,” the secretary-general said. Biden to skip UN meeting as climate change moves to ‘back burner’ 2022-09-20T04:00:00Z “Polluters must pay, and today I’m calling on all developed economies to tax the windfall profits of fossil fuel companies,” he said. U.N. chief warns of ‘colossal global dysfunction’ amid concurrent crises 2022-09-20T04:00:00Z EU member states are also considering a proposed EU windfall profit levy on fossil fuel companies. EU countries want option to claw back coal plants' revenues - draft 2022-09-20T04:00:00Z While Guterres again pushed developed countries to tax the fossil fuel windfall profits, this time he also used his bully pulpit to spell out where the money should be spent. Polluters must pay, says UN chief, urges taxes to help climate victims 2022-09-20T04:00:00Z In response, Guterres urged rich nations to “tax the windfall profits of fossil fuel companies.” Climate Polluters Should Pay a Tax for Damages, U.N. Chief Says 2022-09-21T04:00:00Z "The fossil fuel industry is feasting on hundreds of billions of dollars in subsidies and windfall profits while household budgets shrink and our planet burns," he told the Assembly. UN chief: 'Tax fossil fuel profits for climate damage' 2022-09-20T04:00:00Z Rich energy companies should be forced to fork over some windfall profits to aid victims of climate change and offset rising fuel and food costs, the United Nations Secretary-General told world leaders Tuesday. UN chief urges rich nations to address climate injustice 2022-09-20T04:00:00Z Some countries including Italy have already introduced a windfall profit tax on energy firms. Factbox: Europe's plan to tackle winter energy crisis 2022-09-13T04:00:00Z "The fossil fuel industry is feasting on hundreds of billions of dollars in subsidies and windfall profits while household budgets shrink and our planet burns," he said. Polluters must pay, says UN chief, urges taxes to help climate victims 2022-09-20T04:00:00Z Tragically but predictably, Putin’s war dramatically pushed up global energy prices, producing short-term windfall profits for the Kremlin. Opinion | The sanctions against Russia still have holes. Here’s how to plug them. 2022-09-08T04:00:00Z Truss has ruled out imposing a windfall profits tax on energy companies, which stand to reap billions. U.K. leader Liz Truss pledges to cap soaring household energy bills 2022-09-08T04:00:00Z Pitt also said Jolie was not entitled to "unearned windfall profits" from the sale because she had stopped contributing to Chateau Miraval while Pitt "poured money and sweat equity" into the business. Angelina Jolie's ex-company accuses Brad Pitt of 'vindictive war' over French vineyard 2022-09-08T04:00:00Z Some countries already have passed taxes on the windfall profits of energy companies. EU wants price cap on Russian gas, energy companies to pay 2022-09-07T04:00:00Z She has ruled out measures like fuel rationing or a new windfall profit tax on energy companies. Liz Truss to Replace Boris Johnson at a Time of Crisis for Britain 2022-09-05T04:00:00Z The spread of AIS manipulation by E.U.-registered vessels shows how advances in technology allow some shipowners to earn windfall profits from commodities under sanction while benefiting from European financial services and legal safeguards. High Seas Deception: How Shady Ships Use GPS to Evade International Law 2022-09-03T04:00:00Z She also called for measures to skim off some windfall profits that electricity suppliers have made from the gas crisis, using the money to support vulnerable citizens and companies. EU's von der Leyen backs price cap on Russian pipeline gas 2022-09-02T04:00:00Z The opposition Labour Party has called for an extension of the government’s temporary tax on the windfall profits of oil and gas companies to help pay for relief. Britain to see 80% spike in energy bills as crisis worsens 2022-08-25T04:00:00Z Labour proposed to pay for it by extending the government’s temporary tax on the windfall profits of oil and gas companies. UK energy bills are skyrocketing. Why is it happening? 2022-08-25T04:00:00Z The amounts are staggering, which is why these huge sums, sometimes called “windfall profits,” have become a political target. Stock Buybacks and Dividends Become a $1.5 Trillion Political Target 2022-08-13T04:00:00Z Energy companies’ windfall profits have brought political pressure on them to do more to increase production and lower costs to consumers. BP is the latest oil giant to report a huge quarterly profit. 2022-08-02T04:00:00Z Energy companies using windfall profits to buy back shares is doubly contentious. Oil giants are pumping billions of dollars into buying their own shares. 2022-07-29T04:00:00Z The British government in May announced plans for a temporary 25% tax on the windfall profits of oil and gas companies to help fund payments for people facing soaring energy bills. Shell posts record earnings again as energy prices soar 2022-07-28T04:00:00Z He suggested what he called a “windfall profits tax” on oil companies that he said are “ripping off the American people.” Biden questioned over accomplishments of Saudi visit 2022-07-17T04:00:00Z A top solution among progressive Democrats is a windfall profits tax on oil companies. Democrats promise to lower gas prices if voters grow their majorities in Congress 2022-07-14T04:00:00Z May 26: The government reverses course on its tax decision on oil and gas companies and announces plans for a 25% windfall profits levy. From Brexit to Partygate, a timeline of Johnson’s career 2022-07-07T04:00:00Z However, they emphasize that they also want a windfall profits tax that would siphon off portions of Big Oil’s record profits to force lower prices. Biden falsely claims GOP is blocking ‘efforts to lower your gas taxes’ 2022-07-06T04:00:00Z Biden has been criticizing oil and gas firms for making windfall profits. Bezos lashes out at Biden over call for lowering of gas prices 2022-07-03T04:00:00Z The enormous earnings are likely to ignite new calls for windfall profit taxes. Exxon signals operating profits could double over the first quarter 2022-07-02T04:00:00Z Democratic leaders have not brought up a windfall profits tax bill in either the House or Senate. Democrats promise to lower gas prices if voters grow their majorities in Congress 2022-07-14T04:00:00Z Instead, Democratic leaders, such as Mr. Hoyer and Mr. DeFazio, have advocated for a windfall profits tax on Big Oil that also includes a tax holiday. Democrats balk at Biden’s push for gas tax holiday: ‘shortsighted and inefficient’ 2022-06-22T04:00:00Z The painful rise in fuel prices has generated extraordinary windfall profits for oil and gas producers: The sector’s income is expected to reach $4 trillion this year, more than double its five-year average. Clean energy investment lags as oil and gas prices soar. 2022-06-22T04:00:00Z Democratic proposals to impose a “windfall profits” tax on oil producers have generated little support in Congress. Biden, Chevron chief trade sharp words over gas prices 2022-06-21T04:00:00Z Separately, progressive lawmakers like Sen. Sheldon Whitehouse, Rep. Ro Khanna and Sen. Elizabeth Warren want to impose a discriminatory windfall profits tax on American energy producers to “solve” high gas prices. Dem windfall profits tax would raise, not reduce, gas prices 2022-06-14T04:00:00Z Treasury chief Rishi Sunak refuses to delay a planned income tax increase or impose a windfall profits tax on oil and gas companies benefiting from rising energy prices. UK Boris Johnson’s ups and downs: key events in his career 2022-06-07T04:00:00Z Australia's terms of trade jumped 5.9% to a record courtesy of lofty prices for its key commodity exports, which in turn showered the mining sector with windfall profits. Australia's economy held up well in Q1, more growth ahead 2022-06-01T04:00:00Z Taxes on the windfall profits of oil and gas companies have been common in Europe to help people cope with soaring energy bills, now exacerbated by the war. War surges Norway’s oil, gas profit. Now, it’s urged to help 2022-05-28T04:00:00Z For instance, the government in Britain recently proposed a windfall profits tax in the form of a 25 percent surcharge on “the extraordinary profits the oil and gas sector is making.” Key nations agree to halt funding for new fossil fuel projects 2022-05-27T04:00:00Z A windfall profits tax is no exception — it would do nothing to reduce gas prices but would instead lead to higher prices. Dem windfall profits tax would raise, not reduce, gas prices 2022-06-14T04:00:00Z May 26, 2022: Government reverses course on its tax decision on oil and gas companies and announces plans for a 25% windfall profits levy. UK Boris Johnson’s ups and downs: key events in his career 2022-06-07T04:00:00Z "These are windfall profits and they will be taxed," he said but added that the levy would also include incentives to encourage businesses to invest. Cost of living package will have minimal impact on inflation, says Rishi Sunak 2022-05-26T04:00:00Z It is also considering a windfall profits tax on energy companies benefiting from high oil and gas prices. UK inflation hits 40-year high amid Russia’s war in Ukraine 2022-05-17T04:00:00Z U.S. officials maintain Saab was among a cohort of insiders who reaped huge windfall profits from dodgy contracts to import food while millions in the South American nation starved. Appeals court thwarts Maduro ally’s claim of diplomat status 2022-05-02T04:00:00Z This is a terrible idea: A windfall profits tax was tried and failed in the 1980s under President Jimmy Carter. Dem windfall profits tax would raise, not reduce, gas prices 2022-06-14T04:00:00Z Among the other options Democrats have considered are a windfall profits tax on oil companies, a gas tax “holiday” and direct payments to strapped consumers. Democrats push probe of oil companies over gas price gouging accusations 2022-04-28T04:00:00Z They’ve proposed a “windfall profits tax” that actually functions as an excise tax. Opinion | Democrats’ flawed hate affair with corporate profits and stock buybacks 2022-04-07T04:00:00Z U.S. officials maintain that Saab, who was not present for Wednesday’s hearing, reaped huge windfall profits from dodgy contracts to import food while millions in the South American nation starved. Maduro ally claims diplomatic status to avoid U.S. charges 2022-04-06T04:00:00Z They are also expected to condemn “windfall profit” taxes that they say would further stifle production. Energy execs to hit back at Democrats, Biden over price gouging accusations 2022-04-05T04:00:00Z While a windfall profits tax would make these problems worse, it is not the only tax Democrats have proposed on American energy producers. Dem windfall profits tax would raise, not reduce, gas prices 2022-06-14T04:00:00Z Such results could strengthen calls by U.S. and European Union lawmakers for windfall profits taxes on energy companies. Exxon signals record quarterly profit from oil and gas prices 2022-04-04T04:00:00Z That’s what happened the last time Congress enacted a similarly structured “windfall profits tax.” Opinion | Democrats’ flawed hate affair with corporate profits and stock buybacks 2022-04-07T04:00:00Z The administration has explored several options for keeping fuel prices low, including a gas tax holiday and a “windfall profits” tax on energy companies, accusing them of price gouging. Biden announces huge strategic oil reserve release to curb gas prices 2022-03-31T04:00:00Z The council compared the proposal to the “windfall profits tax signed into law by President Jimmy Carter in 1980, which put a 70 percent excise tax on crude oil exceeding $12.81/barrel.” Democrats slammed over bill to hike taxes on major oil companies 2022-03-12T05:00:00Z Imposing a windfall profits tax on American energy would make this problem worse, not solve it. Dem windfall profits tax would raise, not reduce, gas prices 2022-06-14T04:00:00Z Vermont Sen. Bernie Sanders has called for a windfall profits tax and “reasonable price controls” to prevent what he called “price gouging of consumers,” according to a Sanders’ Tweet on Feb. 26. How much oil do Pacific Northwest refineries get from Russia? 2022-03-08T05:00:00Z “At the same time, the administration is hectoring the industry over windfall profits and price gouging, even though historically investigations by the FTC into price gouging don’t really turn anything up.” Democrats blame ‘price gouging’ for high gas prices; experts disagree 2022-03-03T05:00:00Z The IEA outlined short-term measures such as redirecting windfall profits made by energy firms, secured from high gas prices, to support customers facing higher bills. Europe could cut Russian gas imports by over a third in a year, IEA says 2022-03-03T05:00:00Z He accused Jolie, 46, of seeking "unearned windfall profits" from his work, while inflicting "gratuitous harm." Brad Pitt sues ex-wife Angelina Jolie for selling stake in French winery 2022-02-18T05:00:00Z Pitt claims because of the "purported transaction," his ex-wife and mother of his children now "seeks to recover unearned windfall profits for herself while inflicting gratuitous harm on Pitt." Brad Pitt sues Angelina Jolie for selling her stake in French estate to Russian oligarch 2022-02-18T05:00:00Z Giving windfall profits to existing homeowners, impoverishing renters and would-be homebuyers, driving out the working and middle classes, and creating unprecedented levels of homelessness. Zoning: How is local control working for us? 2022-02-14T05:00:00Z Last year’s gas price spike meant windfall profits for many. Explainer-Should Europe use more long term LNG contracts? 2022-02-07T05:00:00Z The European Commission is expected to propose that member states tax windfall profits of energy companies to support investment in renewables and compensate consumers. Europe could cut Russian gas imports by over a third in a year, IEA says 2022-03-03T05:00:00Z Game makers have reaped windfall profits from more people staying home during the pandemic. Japanese game maker Nintendo’s profits hurt by chips crunch 2022-02-03T05:00:00Z The U.S. has described Saab as the main conduit for corruption in Venezuela, someone who reaped huge windfall profits from dodgy contracts to import food while millions in the South American nation starved. Court filings: Maduro ally met with US prior to arrest 2021-11-10T05:00:00Z ExxonMobil and Chevron are plowing windfall profits into share buybacks as soaring energy prices boost cash flows. Labor cost increase hits the highest level in 20 years amid worker shortage in economy 2021-10-29T04:00:00Z As for the government, he said, it should raise taxes on wealth which is largely held by older people, for example via a levy on windfall profits from home sales. Inflation does not faze Britain's young - perhaps it should 2021-10-19T04:00:00Z Spooked by the impact on consumers, with many households still struggling with the economic impact of COVID-19, the Spanish government swooped to ensure generators don’t make windfall profits, and claw back the perceived excess. Analysis-Europe's power firms locked out of record price bonanza 2021-09-17T04:00:00Z The nation’s biggest banks are about to report windfall profits as customers increase their spending and the economy bounces back from the pandemic. Bank profits are poised to surge as the pandemic recedes. 2021-07-12T04:00:00Z That’s why most economists recommend some form of carbon tax or cap-and-trade system, which would depress demand and reduce carbon emissions by raising consumer prices, without providing windfall profits to energy speculators. Big Oil Takes a Beating, but Its Investors Are Riding High 2021-06-18T04:00:00Z The oil giants are using windfall profits to reward shareholders rather than ramp up spending on new drilling as was done during previous booms. Labor cost increase hits the highest level in 20 years amid worker shortage in economy 2021-10-29T04:00:00Z In 1980, President Jimmy Carter signed into law a windfall profits tax on the oil industry. Today in History 2021-04-02T04:00:00Z While people who sold at the peak most likely made windfall profits, those who bought at the peak suffered deep losses as GameStop’s share price collapsed. In GameStop Saga, Robinhood Is Cast as the Villain 2021-02-18T05:00:00Z To be sure, it will be hard for the industry to capture the same windfall profits it enjoyed under Trump. ‘Our industry knows Joe Biden really well’: Defense contractors unconcerned as Biden clinches victory 2020-11-07T05:00:00Z The central bank’s “bazooka” stimulus programme improved business sentiment and weakened the yen, giving exporters windfall profits that trickled down to wages and new jobs. Take Five: Sayonara Abenomics? 2020-08-28T04:00:00Z The Bank of Japan’s “bazooka” stimulus programme lifted business sentiment and helped weaken the yen, giving exporters windfall profits that trickled down to wages and new jobs. Abenomics fails to deliver as Japan braces for Abe resignation 2020-08-28T04:00:00Z “We’re talking about people hoarding these goods and materials on an industrial scale for the purposes of manipulating the market and ultimately driving windfall profits,” Barr said at the time. FBI raid in New Jersey yields boxes labeled ‘respirators,’ reports say 2020-04-23T04:00:00Z "We’re talking about people hoarding these goods and materials on an industrial scale for the purposes of manipulating the market and ultimately driving windfall profits," Barr said. HHS implements anti-price gouging order amid coronavirus outbreak 2020-03-26T04:00:00Z “We’re talking about people hoarding these goods and materials on an industrial scale for the purpose of manipulating the market and ultimately driving windfall profits,” Barr said. Justice Dept. warns hoarders of masks and drugs that Trump has touted as coronavirus treatment 2020-03-24T04:00:00Z "We’re talking about people hoarding these goods and materials on an industrial scale for the purposes of manipulating the market and ultimately driving windfall profits," he said. Barr says DOJ will go after coronavirus price gougers, hoarders 2020-03-23T04:00:00Z So the Angels might not generate windfall profits by putting up a second hotel, not far from the one from LT, and sports bars in the shadow of all those taps. 'L.A. Live on steroids:' Inside Anaheim's pitch to keep the Angels 2019-01-18T05:00:00Z However, minimum pricing per unit of alcohol is likely to create windfall profits for the manufacturers and retailers. Will higher prices make us healthier? 2018-04-04T04:00:00Z The Seattle Times’ publication of them does no favors to the ongoing citywide debate about how much of the windfall profits of our growth should continue to accrue to homeowners. Tiny apartments: Elitist opposition 2018-02-20T05:00:00Z So it’s basically a windfall profits tax: One analysis estimated that 92 percent of it would fall on the truly rich, those making at least $600,000 a year. That property-tax bomb they just dropped? They could defuse it if they wanted to 2018-02-09T05:00:00Z Also, impose a health care insurance windfall profit fee, a 14-percent surcharge on health insurers who benefit from the federal corporate tax cut plan. Some details of NY Gov. Andrew Cuomo’s state budget proposal 2018-01-16T05:00:00Z University researchers isolated insulin 100 years ago, so the only reason to continue raising the price now is for windfall profits to individuals like Azar. Drug prices: HHS nominee 2017-12-22T05:00:00Z And transportation infrastructure is SO expensive that this would take most of the windfall profits out of building these units. The Great American Single-Family Home Problem 2017-12-01T05:00:00Z In cities, where land is scarce and extraordinarily valuable, special favors from top political leaders can lead to windfall profits, and negotiations between developers and officials are informal affairs. Potential Conflicts Around the Globe for Trump, the Businessman President 2016-11-26T05:00:00Z Those blenders, often gas-station chains, earn windfall profits by generating RINs that the merchant refiners are forced to buy to comply with the law. If Oil Refiners Crash, So Will the Economy 2016-11-22T05:00:00Z The high charges for out-of-network care is windfall profits created when healthcare providers exploit market failures. First Comes the Emergency. Then Comes the Surprise Out-of-Network Bill. 2016-11-16T05:00:00Z These programs will be paid for through taxes on the windfall profits made by those benefiting from the automation. Why Are Politicians So Obsessed With Manufacturing? 2016-10-04T04:00:00Z Just a decade ago, these four companies were hauled before Congress to explain “windfall profits” but now can’t cover expenses with normal cash flow. Largest Oil Companies’ Debts Hit Record High 2016-08-24T04:00:00Z Oh, and he added a windfall profits tax on the oil industry. Liberal Biases, Too, May Block Progress on Climate Change 2016-04-19T04:00:00Z Should Congress pass a Fair Salty Snack Act to crack down on buttery windfall profits? Budget Fliers Should Love Airline Fees 2016-03-29T04:00:00Z If we have any hope of maintaining a functioning market-based healthcare system, those windfall profits and exploitation of market failures have to be regulated out of existence. First Comes the Emergency. Then Comes the Surprise Out-of-Network Bill. 2016-11-16T05:00:00Z Most scientists and researchers join pharmaceutical companies because they are dedicated to saving or improving lives, not to bank windfall profits much less to game regulatory failures. Defeated by the 99-Cent Drug Store 2015-10-23T04:00:00Z The lawsuit accuses SoulCycle of a “relentless effort to maximize its profits” and states that the expiration policies “rob customers of their money, creating windfall profits for SoulCycle.” Proposed Suit Against Soulcycle Says Studio ‘Robs’ Customers 2015-08-28T04:00:00Z To prevent this, they will have to lower prices, and "no longer make windfall profits," he said. Uncertain future for global diamond trade as profits vanish 2015-06-24T04:00:00Z Meanwhile, regime insiders with access to cheap dollars reap windfall profits. Venezuela’s downward economic spiral So each was hit with a sort of windfall profits tax. How Did Medical Device Makers Become Poster Children for Obamacare Critics 2014-11-13T05:00:00Z His work, beginning in the 1980s, was in part a response to the need for new rules as governments in Europe divested state monopolies, seeking to encourage investment and innovation while preventing windfall profits. Jean Tirole Wins Nobel in Economics for Work on Regulation 2014-10-13T04:00:00Z Creating windfall profit is definitely the goal, especially since the studio hopes to raise $100 million in its upcoming IPO. Proposed Suit Against Soulcycle Says Studio ‘Robs’ Customers 2015-08-28T04:00:00Z The country’s $173 billion in sovereign-wealth funds, built up over years of windfall profits from oil sales, will be drawn down to stabilise the rouble and pay off the debts of state banks and firms. How to lose friends 2014-08-07T04:00:00Z And the plaintiffs’ lawyers who marshaled the largest pools of alleged victims enjoyed windfall profits that paid for private jets and luxury vacation homes rather than doctors’ appointments for former pipe fitters. Asbestos Ruling Boosts Transparency—and Threatens Plaintiffs' Attorneys 2014-07-24T04:00:00Z According to the internal memo, it became part of the team's push to report on the "windfall profits by foreign brands". Insight: China CCTV Starbucks report set off storm inside network 2013-12-12T21:09:50Z Really, when will all those maddening falls and winters at FedEx Field manifest themselves in something other than brilliant marketing and windfall profits? Wise: Daniel Snyder can make fans happy, but firing Mike Shanahan won’t do it 2013-12-10T01:44:57Z "With those, there were decent windfall profits on the first day." UPDATE 3-Britain set to price Royal Mail sale at top of range -sources 2013-10-08T15:23:47Z Jimmy Carter’s 1980 law to tax “windfall profits” at oil firms also included a tax credit for drilling for unconventional natural gas. Schumpeter: The father of fracking 2013-08-01T15:03:34Z But our most pressing public-health needs are for new antibiotics and treatments for conditions such as Alzheimer’s, which will never generate such windfall profits. Sharing information is preferable to patenting 2013-06-19T17:20:10.433Z These windfall profits are not available when brownfield sites are built on. Letters: Battle lines over house-building 2013-03-24T21:00:03Z But it exempted intercontinental flights from the scheme for 2012, enabling the airlines to achieve windfall profits. Seven days: 25–31 January 2013 2013-01-30T18:20:48.607Z That didn’t stop utilities from raising electricity prices, ostensibly to cover the cost of complying with ETS, allowing them to rake in windfall profits. Obama Talks Climate Change. California Acts on It 2013-01-29T20:05:25Z That was the biggest source of the windfall profit for the industry, worth as much as €872m, according to the report. Airlines 'made billions in windfall profits' from EU carbon tax 2013-01-24T09:53:45Z The firm will also record a windfall profit in its accounts, as the building is being sold at a gain of £685m, compared with the price that Sony originally paid for it in 2002. Sony sells New York HQ for $1.1bn 2013-01-18T09:27:53Z "There's a real danger that they deliver undeserved windfall profits to employees." Banks shun exotic elements in their bonus pots 2013-01-15T15:38:36Z But I think most people would rather wait in line than have someone make a windfall profit off their desperation. Post-Sandy Price Gouging: Economically Sound, Ethically Dubious 2012-11-02T12:26:11Z "At the moment, the way the Russian system works is by achieving a distribution of influence and access to rents" - or windfall profits - "to achieve overall equilibrium on which the state is based," he said. DealBook: BP Reaches Deal to Sell Russian Assets to Rosneft 2012-10-22T11:51:59Z The airlines then made an additional one-off windfall profit of €486m after the carbon tax was put on hold last November. Airlines 'made billions in windfall profits' from EU carbon tax 2013-01-24T09:53:45Z “At the moment, the way the Russian system works is by achieving a distribution of influence and access to rents” — or windfall profits — “to achieve overall equilibrium on which the state is based,” he said. BP Board Approves Rosneft Deal 2012-10-22T02:49:33Z For American, British and Japanese banks recycling the 1970s windfall profits of oil producers to sub-prime Latin American governments read US and European banks pumping out cheap credit to sub-prime mortgage holders. Eurozone ignoring parallels with Latin American debit crisis of the 1980s 2012-08-19T14:11:36Z In June raised its 2012 profit outlook for a second time this year as its injectable generic drugs unit won windfall profits from rivals' production blunders in the United States. REFILE-Fresenius H1 net income up 20 pct on generic drugs 2012-08-01T05:27:30Z Usmanov's take on the "self-financing model" which delivered such windfall profits to the people who had liked to describe themselves as "custodians," verges on devastating. Arsenal's way of doing business savaged by 30% owner Alisher Usmanov 2012-07-05T18:01:03Z But it estimated European airlines benefited the most from the windfall profits, taking in as much as €758.4m in total. Airlines 'made billions in windfall profits' from EU carbon tax 2013-01-24T09:53:45Z In that episode, lawmakers were trading on more than inside information; they were trading on an inside track that almost assured windfall profits. As Congress examines members' trading, an echo from a bygone era 2012-02-13T11:59:00Z Many airlines plan or have started to pass on their ETS compliance costs this year to consumers, potentially earning them windfall profits. Lufthansa and Air France-KLM Embrace CO2 Trade, Buy Permits 2012-01-12T19:15:05.473Z "They already calculated the higher carbon price and they made windfall profits." Lufthansa warns EU scheme to raise fares 2012-01-02T22:34:29Z Social spending would be funded by a tax on the windfall profits that some mining companies say they are willing to pay. Analysis: Peru's Humala dares to go where Lula never went 2011-07-27T18:13:43Z Other airlines may try to reap a windfall profit from the tax holiday. F.A.A. Faces a Shutdown After Talks Fall Apart 2011-07-23T01:48:53Z Herrera will face the delicate task of introducing a windfall profits tax on mining companies earmarked for social programs without discouraging new investment. Leftist Humala picks centrists for Peru Cabinet 2011-07-21T17:09:02Z However, the government is often hamstrung by a weak tax base and Humala wants to introduce a windfall profits tax on mining and oil companies. Leftist Humala picks moderates for Peru Cabinet 2011-07-21T14:14:10Z The sudden rush of money might drive up the cost of existing stocks and bonds, owned chiefly by the rich, who would make windfall profits. Meet the "Pea Party" 2011-07-19T11:01:00Z “There are likely to be large windfall profits for airlines at first,” said Annela Anger, a researcher at the Cambridge Center for Climate Change Mitigation Research in England. U.S. Airlines Challenge European Emissions Rule 2011-07-03T12:26:55Z The land surrounding the stations often is owned by companies belonging to provincial and municipal government agencies, which have reaped windfall profits by selling such property to developers. High-Speed Rail Poised to Transform China 2011-06-22T16:10:18Z U.S. oil prices' discount to Europe's Brent benchmark has created the illusion of windfall profits for refineries, although few have access to cheaper crude priced off New York Mercantile Exchange contracts. FTC Launches Oil-Trading Probe 2011-06-21T00:23:33Z If vouchers have a longer validity period than Groupon and merchants anticipated, redemptions will increase — to consumers’ benefit but to with a corresponding reduction in windfall profit to Groupon and merchants. Groupon Abuse of Consumer Protection Laws Alarming, Says Harvard Business Expert 2011-06-16T12:12:03Z This worried business leaders and investors, but on Tuesday he told Reuters there was room to discuss a proposed windfall profits tax on mining companies. Peru's Humala sets out priorities 2011-06-08T09:28:07Z "In principle there was a political consensus during the campaign to charge a windfall profits tax on miners," he told Reuters in an interview. Humala seeks to reassure Peru mining companies on tax 2011-06-08T00:17:37Z He plans, for example, to impose a windfall profits tax of up to 40% on firms, in order to build hospitals and schools. The great transformer? 2011-06-07T10:14:01Z He was able to buy his second Wuling with a windfall profit he made when the government paid him compensation for some of his land it annexed to build a power plant. GM Bets Big on Rural China Markets 2011-05-11T00:24:31Z The absence of last year's windfall profits from drugs and vaccines to tackle the H1N1 swine flu pandemic will be a common theme for several European drugmakers. Lost flu sales weigh on Roche and other pharmas in Q1 2011-04-11T14:52:18Z But the European scheme has been fraught with problems including over-allocation of allowances resulting in windfall profits for energy corporations and allegedly fraudulent "missing trader" transactions worth €5bn. EU plans to link emissions trading scheme with California 2011-04-07T10:35:06Z But some investors fear he might also want to raise royalties, not just tax windfall profits. Humala seeks to reassure Peru mining companies on tax 2011-06-08T00:17:37Z “For every $1 increase in the price of oil, there is a $9 billion per year windfall profit to the region.” Contrarian Adding Bets in Mideast 2011-04-06T02:01:14Z Nuclear and renewable companies will scoop huge windfall profits after the government announced plans to raise £3.2bn by 2016 from a new carbon tax funded by higher electricity bills. Budget 2011: Carbon tax brings higher electricity bills ? and nuclear windfalls 2011-03-24T07:00:06Z A worst-case scenario from the government's perspective would be for existing nuclear generators to milk windfall profits from the elevated floor price without committing new investment. Harrabin's Notes 2011-03-23T21:49:26Z "Even less so if so-called windfall profits are supposed to finance everyday expenditures such as education and security ... we just saw copper prices fall 10 percent in one day -- where are the windfall profits there?" Peru's presidential field split over mining taxes 2011-03-17T18:33:19Z The case for immediate and substantial taxes on those windfall profits, therefore, is very compelling. Big Oil wins in the latest price spurt. So why don't we take our share in tax? 2011-03-07T21:30:00Z He sees the cash as "payback" to a section of society he always admired – the working poor – and to make a point about the "windfall profits of the financial sector". Insurance tycoon Clive Cowdery goes on a mission to help the working poor 2011-02-28T07:00:14Z We also identified windfall profits to banks from the additional trading in gilts required by the Bank of England's programme of quantitative easing. How a bank like Barclays makes us pay 2011-02-15T13:42:14Z “The government should find ways to prevent these windfall profits, and use the revenue to help householders reduce their energy needs,” Molho said. U.K. Carbon Tax Opposed by Traders, Steel Makers, Green Groups 2011-02-15T05:29:57Z But Kuczynski, a former Wall Street banker who years ago was Peru's mining minister, said windfall profits are cyclical, making them unreliable as a source of revenue. Peru's presidential field split over mining taxes 2011-03-17T18:33:19Z The point about the windfall profits is that they result from what are essentially anti-competitive company practices, in the form of rapid upward revisions and downward "stickiness" of prices. Big Oil wins in the latest price spurt. So why don't we take our share in tax? 2011-03-07T21:30:00Z The testimony stands in contrast to Lehman's accusations that the British bank took advantage of market chaos to arrange an unfair "windfall profit" in its purchase of Lehman's core U.S. brokerage business in September 2008. UPDATE 1-Barclays exec defends deal as Lehman trial resumes 2010-08-23T19:27:00Z The free allowances, he said, were "the equivalent of cash or marketable securities," windfall profits to be stuffed into the CEOs' pockets. A CEO's Playbook for the Climate War 2010-06-03T21:00:00Z The ad is part of an ad blitz launched by mining giants including BHP Billiton to kill Prime Minister Kevin Rudd's plan for a 40 percent windfall profits tax on the industry. Australia Grabs for Mineral Wealth 2010-06-03T21:00:00Z But as the price of oil continued to rise, peaking in the summer of 2008 at $147 a barrel, oil companies plowed more and more of their windfall profits into the deepwater Gulf of Mexico. How Gulf Accident Hampers Offshore Drilling 2010-04-30T23:20:00Z Rating agencies earned windfall profits from evaluating the securities. Questions for Banks That Put Together Complex Deals 2010-04-21T01:41:00Z “We also did a good job of showing that a bunch of big companies — Goldman Sachs, the oil companies, the big utilities — would get windfall profits because they’d been given free ration coupons.” Tracing the Demise of Cap and Trade 2010-03-26T01:20:00Z Supporters claimed it would transform the economy, while critics argued it was overly complicated, would lead to windfall profits and possibly even wreck the economy. E.U. Greenhouse Gas Plan: Better Than It Sounds 2010-03-18T11:00:00Z The Labor government in Australia wants a windfall profits tax on mining companies. Australia Grabs for Mineral Wealth 2010-06-03T21:00:00Z I urge the Congress to enact a windfall profits tax by that date to ensure that oil producers do not profit unduly. State of the Union Address They will prevent the injustice of windfall profits for a few as a result of the sacrifices of the millions of Americans. State of the Union Address |
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