Re:IKEA buys 11,000 acres of U.S. forest to keep it from bei...
by shafyy on Thursday January 28, 2021 @03:54AM
(#25939714)
Maybe, but companies do have choices and don't need to blindly maximize profit.
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Re:IKEA buys 11,000 acres of U.S. forest to keep it from bei...
by minikites on Thursday January 28, 2021 @08:59AM
(#25941790)
Yes they do, the system will punish them if they do otherwise:
https://www.marketwatch.com/story/american-airlines-stock-si...
>American Airlines has tried to make amends, by announcing a significant pay raise for flight attendants and pilots , to take base pay rates to industry highs, years ahead of when union contracts would become amenable.
>The stock AAL, +6.63% tumbled as much as 8.6% in intraday trade, before paring some losses, even though the airline reported first-quarter earnings that beat expectations, while revenue rose in line with forecasts.
>“We are troubled by [American’s] wealth transfer of nearly $1 billion to its labor groups,” Baker wrote in a note to clients.