Wednesday Evening Headlines
Seattle Now
KUOW News and Information
4.7 • 670 Ratings
🗓️ 23 May 2024
⏱️ 7 minutes
🧾️ Download transcript
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| 0:00.0 | Good evening from the KYW Newsroom. This is Seattle Now. I'm Patricia Murphy. Here are today's top stories. It's Wednesday, May 22nd. |
| 0:14.4 | Amazon investors voted down 14 shareholder proposals at the company's annual meeting today, they would have required Amazon |
| 0:21.8 | to study and report on its role in a range of social and political issues like climate |
| 0:27.0 | change and the conflict in Gaza. Monica Nicholsberg has more. |
| 0:31.6 | Big corporations are in the spotlight right now thanks to high-profile protests, but activists |
| 0:36.1 | are also taking the fight to company boards. |
| 0:38.3 | Nadira Nareen is with the Interfaith Center on corporate responsibility. |
| 0:42.3 | It's a coalition of activist investors behind several of the shareholder resolutions that were voted down at Amazon. |
| 0:48.3 | Noreen says, shareholders file these kinds of proposals when they don't feel a company is willing to engage in good faith on the |
| 0:54.2 | issues. So there is a bit of a frustration on this lack of engagement and investors really are |
| 0:59.5 | seeking to have a constructive dialogue with the company on the issues. These types of resolutions |
| 1:03.2 | are a symbolic gesture, but they don't typically pass. Amazon recommended shareholders vote |
| 1:08.1 | against the proposals. The company says it's already making progress on many of their goals. |
| 1:13.5 | Monica Nicholsberg, KUOW News. |
| 1:16.5 | The campaign to defend the state's capital gains tax from an effort to overturn it kicked off today. |
| 1:22.0 | Deana Janes runs a bilingual child care center in Burian. |
| 1:25.7 | She says a repeal of capital gains taxes could hit the state's child care industry hard. |
| 1:31.6 | Not only the parents need the child care, but if the funding ends, I will affect the families |
| 1:38.3 | and will affect my own business, my small business, and I won't be able to provide work for my staff. |
| 1:45.5 | Revenue from the tax helps fund school construction, early learning, and child care programs. |
| 1:51.2 | It's paid mostly by about 4,000 of the state's wealthiest individuals who profit off major sales |
| 1:57.3 | of long-term assets like stocks and bonds. Advocates seeking to repeal it say capital |
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