|
Viewing Corporatism NEWS articles 76 through 150 of 380
- ...big transnational corporate fish eating smaller transnational corporate fish, nothing more than business as usual, a neoliberal feeding frenzy, in this instance controlled by the UAE royal family. - Ports are essential pieces of the infrastructure of the United States, and they are best run by public authorities that are accountable to elected officials and the people those officials represent.
- Dozens of Western multinationals have made millions of pounds in profits from exploiting African bio-resources taken from some of the poorest nations on earth, with not a penny offered in return.
- They call it Goldmine Sachs. And well they might. Because the Wall Street giant has become the first major investment bank to see its average salary top half a million dollars.
- The global diamond trade is continuing to fund vicious civil wars in countries such as Ivory Coast and Liberia, despite international efforts to blacklist stones from regions at war.
- The total was nearly double that amount if costs to federal taxpayers are included.
- British energy giant BP unveiled a near 31-percent rise in annual net profit owing to rocketing oil prices... - A History of Regulatory Capitulation to the Chemical Industry - Academics and the media have failed dismally to ask the crucial question of scientists' claims: who is paying you?
- The Most Obscene Profits in American History
- A £4.2 billion plan proposed by a Chinese bank and backed by Jakarta politicians would clear 1.8 million hectares of this wilderness over the next six years to grow oil palms to feed the world’s growing appetite for margarine, ice-cream, biscuits and biodiesel fuel.
- They’re dancing in the halls at ExxonMobil, but quietly. See, they’ve just set the earnings record for American companies, raking in $36 billion in annual income, even more than Wal-Mart, which makes ExxonMobil number one.
- Officials from six major oil companies have refused to testify this week at a Senate hearing looking into whether oil industry mergers in recent years have made gasoline more expensive at the pump.
- Surging profits topped off a record year for Exxon
- Chevron Fourth-Quarter Earnings Rise 20 Percent to Company Record of $4.14 Billion
- Oilfield services conglomerate Halliburton Co. swung to a profit in its fourth quarter on robust sales and increased rig activity, and called last year the best in its 86-year history.
- We are well down the road of sacrificing our country to a flaccid and corrupt government in bed with profit-obsessed, amoral corporations. - Within the confines of hidden, top-secret installations around the globe, tests on human subjects -- from torture to physiological degradation -- occurs in the name of National Security, medical research, or some new and arcane acronym just coined by the Department of Homeland Terror and its corporate cohorts. - Developed by multinational agribusinesses and the U.S. government, Terminator has the effect of preventing farmers from saving or replanting seeds from one growing season to the next.
- The arms trade makes big money for the richest nations while fuelling conflict across the world. - Shocking? - not really - especially considering how dispensation of various toxins to people has been happening for quite some time in the U.S.
- Actually the "rest of us" wouldn't need to "keep their bosses honest" if there were no bosses, in particular bosses with interests different from the workers. The capitalist forces which underly the continuing war drive are precisely the same ones which underly the "need" to cut costs in the mines, maximizing profits.
- The Cochabamba water revolt – which began exactly six years ago this month – will end this morning when Bechtel, one of the world’s most powerful corporations, formally abandons its legal effort to take $50 million from the Bolivian people. Bechtel made that demand before a secretive trade court operated by the World Bank, the same institution that coerced Bolivia to privatize the water to begin with. - So who buys tomatoes from a man convicted of human enslavement? The answer seems to lie beneath the Golden Arches.
- The arrogance displayed by today’s employers rivals that of their “robber baron” predecessors more than a century ago--when cutthroat capitalists fought ruthlessly against every attempt by workers to raise safety standards and wages, or to form unions.
- If Wal-Mart were a state, it would rank 39th in population, right behind Nebraska -- and that doesn't include the dependents of the company's 1.7 million employees.
- In the midst of an Amazonian oil boom, classified documents reveal deep links between oil companies and Ecuador's military. - ...now he is visiting disease and death on tens of millions of our elderly and ill with a botched Medicare/Medicaid drug plan that has plunged the nation's pharmacies into total chaos while driving the states even closer to bankruptcy. As you read this, millions of Americans are without medications that may be life-sustaining because of what Bush has done to "improve" their pharmaceutical plan.
- Carlyle is now expected to make an eightfold return on its 34 per cent stake when 49 per cent of Qinetiq is floated next month, while executive chairman John Chisholm stands to see his £129,000 investment grow to around £23m.
- ...the most crucial step to prevent tragedies like Sago has little to do with the specifics of mining -- it involves changing the cost-benefit analysis made by corporate executives in workplace safety decisions.
- In what amounts to a massive misappropriation of social wealth, Wall Street’s major investment banks and trading firms are handing out $21.5 billion in year-end bonuses for 2005.
- ...the joint state-federal investigation would not focus on the well-documented safety violations at the mine or why state and federal regulators allowed it to remain open. Instead...the probe would concentrate on the communications failure that led miners’ families to believe the men had been rescued alive.
- Like many of the nation's resources under this administration, it is being privatized and placed into corporate hands, a little further from public view.
- Why shouldn't we be surprised? Because over the last 25 years, clinical research has been largely privatized. - For Monsanto, Dow and Novartis, a decent shot at gaining control over much of the world's food supply is now blowing on the wind and there's no turning back.
- What do you get when you combine John Ashcroft, Israel, the South Korean military and Boeing? A troubling weapons deal.
- This is what happens when you deregulate industry. People die. This is what happens when you let companies act as their own watchdogs. People die.
- With help from the U.S. Justice Department and state prosecutors, corporations are getting away with serious crimes by using their executives as cannon fodder...
- Rumsfeld's lie that it was an employee and not a company problem highlighted by recent developments. - The university, which has 50,000 students on three campuses, on Thursday became the 10th college to stop selling Coca-Cola products because of concerns arising from accusations about the company's treatment of workers in bottling plants in Colombia and environmental problems in India.
- Liability protection allows injuries from pharmaceutical products without penalty to manufacturers as Senate Majority Leader heralds "Fristmas" - At Goldman Sachs...CEO Henry Paulson will pocket a bonus this year of about $38 million. This will help compensate for the mere $30 million he received last year.
- Amid soaring CEO compensation, a number of companies are paying extra sums to cover executives' personal tax bills. Many companies are paying taxes due on core elements of executive pay, such as stock grants, signing bonuses and severance packages. Others are reimbursing taxes on corporate perquisites, which are treated as income by the Internal Revenue Service. They run the gamut from personal travel aboard corporate jets to country-club memberships and shopping excursions.
- Altria Group Inc.'s Philip Morris USA doesn't have to pay a $10.1 billion damage award to smokers of ``light'' cigarettes who accused the company of misleading them about health risks, the Illinois Supreme Court ruled - "Coca-Cola in India is a perfect example of what goes wrong when institutions like the World Trade Organization (WTO) give more powers to corporations..."
- Oil corporations have operated for decades in Nigeria, the world’s fifth-leading oil producer, with no fear of penalties for trashing the environment or violating the human rights of nine ethnic groups in the Niger Delta. The Ogoni, fishers and farmers like other peoples of the nine Niger Delta states, lived off the land until 1958 when Shell Nigeria began drilling oil. Gas flaring and river dredging for pipelines began almost immediately, transforming the fertile delta into a wasteland of oil, chemicals, and pollutants.
- The Army Corps of Engineers paid profits and bonuses to Halliburton for oil transport and repair in Iraq even though the Pentagon's own auditors declared $169 million in costs for the work to be "unreasonable" and "unsupported..."
- December 2 marked the 21st anniversary of the methyl isocyanate gas leak from a Union Carbide pesticide plant in the city of Bhopal that killed some 15,000 people and left another 800,000 suffering from the after-effects of inhaling toxic fumes, according to figures from the Indian government. - Corporations carry out some of the most horrific human rights abuses of modern times, but it is increasingly difficult to hold them to account. Economic globalization and the rise of transnational corporate power have created a favorable climate for corporate human rights abusers, which are governed principally by the codes of supply and demand and show genuine loyalty only to their stockholders.
- Firestone, a multinational rubber manufacturing giant known for its automobile tires, has come under fire from human rights and environmental groups for its alleged use of child labor and slave-like working conditions at a plantation in Liberia. - Iraqis are not the only folks these days being served B.S. disguised as steak. If Iraqis want a preview of the kind of dis-/mis-information they will get should they ever fully join the Western world, just come on over to my place and watch a couple of evenings of American network and cable TV.
- ...the Bush administration’s energy policy was not based only on the dismantling of corporate regulations and the loosening of restrictions on oil exploration in the United States. It had an even more important foreign component: the plan to invade and colonize Iraq, and then privatize and expropriate its enormous oil wealth for the direct benefit of American oil concerns and US capitalism as a whole.
- For the past two decades, some of the poorest people on earth have been struggling against two of the world's biggest and richest corporations. - ...union leaders and workers sympathetic to the drive were targeted by undercover security guards. One former guard said he patrolled the store in civilian clothes, watching employees. Another said the store's surveillance cameras were used to follow certain employees.
- "This starts a slow motion commercialization of the national park system...What will be allowed stops just short of licensing ads for "The Official Beer of Yosemite" or "Old Faithful, Brought to You by Viagara.’"
- As part of a House budget bill that reduces spending on Medicaid prescription drugs, pharmaceutical giant Eli Lilly and Co. and other businesses secured a provision ensuring that their mental health drugs continue to fetch top price at a cost of hundreds of millions of dollars to the states. - ...a defense contractor has gotten so rich off taxpayer cash he actually held a $10 million bat mitzvah for his daughter, featuring 50 Cent, Tom Petty and Aerosmith, among others. That's right - a $10 million. On a bat mitzvah.
- Raytheon Co. will save $170 million by using a new Medicare plan to shift some expenses for retirees' prescriptions to taxpayers.
- Anyone who has seen the parade of sales representatives through a doctor's waiting room has probably noticed that they are frequently female and invariably good looking. Less recognized is the fact that a good many are recruited from the cheerleading ranks. - Agribusiness companies stand to reap huge gains in the event that scientists at Cambridge University and elsewhere are able to replace the entire world chicken population with genetically-engineered chicks allegedly resistant to H5N1 virus.
- "People often wonder why regulatory officials would protect drug makers. In large part, because the CDC and FDA policy decisions are made through advisory panels whose members have financial relationships with the same companies they are charged to regulate."
- Vedanta is a vertically- integrated behemoth with an impressive international portfolio comprising copper, bauxite (aluminium), zinc, lead and gold. It has raised almost $1 billion on the London Stock Exchange and has started to snap up mines in Zambia and Australia. - ...if the Bush administration and its puppets in Congress achieve their common goal of protecting pharma profits by shielding vaccine makers from lawsuits, tax payers will have to foot the bill for the life-long costs of caring for millions of injured children.
- While our government wishes people to cower in fear over imagined terrorist threats to poison our food supply or water, our own corporations are already doing an excellant job of this. The real terrorists are companies like DuPont, willing to poison hundreds of millions in persuit of profits.
- A White House document shows that executives from big oil companies met with Vice President Cheney's energy task force in 2001 -- something long suspected by environmentalists but denied as recently as last week by industry officials testifying before Congress.
- Mexico has imposed its biggest anti-monopoly fines ever, totalling about US$68 million, against Coca Cola and dozens of its distributors and bottlers.
- HEARINGS COMPROMISED BY OIL INDUSTRY DOLLARS
- As jobs and wages decline - The joint hearing of the US Senate’s Energy and Commerce committees on oil profits Wednesday had its comical side. Republican and Democratic lawmakers, many of them millionaires themselves and recipients of fat campaign contributions from the oil companies, feigned dismay and even outrage over the vast sums that have poured into the coffers of big oil—and the pockets of its CEOs—as a result of soaring fuel costs over the past several months.
- ...the drug industry is paying the people who do the tests -- and most of the people who regulate those tests. And that combination can be dangerous, and sometimes deadly.
- Senior Wal-Mart executives knew cleaning contractors were hiring illegal immigrants, many who were housed in crowded conditions, and sometimes slept in the backs of stores, according to a federal agency's affidavit.
- Tamiflu, Vistide and the Pentagon Agenda
- ...the agreement included a provision that the government would give the company a 15-day notice “of any audit or investigation at the stores covered” by the agreement. In case this did not give the company adequate time to put on hold any illegal activities, the agreement also gave Wal-Mart a 10-day grace period to address any violations and avoid monetary penalties. - The big producers, which often use synthetic materials in processing, want to call their processed foods organic because that designation commands premium prices.
- Oil's Victory in Alaska, with a Dem Assist
|
