This chart, via Visual Capitalist's Pallavi Rao, ranks the companies which have received the most American taxpayer support in the form of government subsidies since the year 2000. Government subsidies take a variety of forms tax credits, abatements, training reimbursements and direct grants. Data is sourced from D.C.-based non-profit Good Jobs First's subsidy tracking database, accessed November 2024.
There's more to this Boeing storybut we cover that in the next section. Ranked second, Intel's received more than $8 billion from the government since 2000. But this doesn't include some critical CHIPS Act funding that's just been greenlit for the company. Another $7.9 billion is on the way from the Biden Administration that's keen to secure the American semiconductor supply chain.
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Hitachi Soars to Japan's Top Five Most Valuable CompaniesHitachi, a 114-year-old manufacturing conglomerate, has experienced a remarkable transformation, becoming one of Japan's most valuable companies after a corporate overhaul. Fueled by booming demand for artificial intelligence and clean energy, Hitachi's market capitalization has tripled in the past two years to over $100 billion. The company, which was on the brink of bankruptcy in 2009, is now focused on accelerating growth through its digital and data analysis capabilities. Toshiaki Tokunaga, a veteran from its IT business, has been appointed as the next chief executive.
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Are Utility Companies Neglecting Their Duty to the PublicUtility companies prioritize profits over reliable and affordable energy, driven by government policies that incentivize renewable energy sources at the expense of consumers.
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