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Archive for the 'Business' Category

Massive campaign changes UK corporate accountability laws

Friday, November 10th, 2006

The Corporate Responsibility (CORE) Coalition and the Trade Justice Movement have welcomed the Companies Act, given royal assent this week

Posted in Activism, Business |

Swiss bank giants probed over US bond manipulation

Tuesday, October 31st, 2006

The two giant Swiss investment banks, UBS and Credit Suisse, are under investigation over possible manipulation of the market in US government bonds.

Posted in Business |

How the Bush Family Makes a Killing from George’s Presidency

Monday, October 30th, 2006

Halliburton scored almost $1.2 billion in revenue from contracts related to Iraq in the third quarter of 2006

Posted in Business, Politics |

Starbucks blocking farmers’ bid for a better deal

Friday, October 27th, 2006

Starbucks, the coffee giant, was yesterday accused of using its might to deprive Ethiopian subsistence farmers of tens of millions of pounds a year.

Posted in Business |

Bigger than Elvis, the lucrative legacy of Kurt Cobain

Thursday, October 26th, 2006

The adoring fans of the famously troubled Nirvana frontman are furious after learning that he topped a rich list of dead celebrities.

Posted in Media & Propaganda, Business |

Enron’s Skilling faces decades in prison

Tuesday, October 24th, 2006

Ken Lay’s death wiped away his convictions. Andrew Fastow got a reduced six-year sentence.

Posted in Business |

Corporate Torture in Iraq

Wednesday, October 11th, 2006

In 2003, Haider Muhsin Saleh, was living in Dearborn Michigan. A former opponent of Saddam Hussein, he had once been imprisoned and tortured by Saddam’s secret police in the Abu Ghraib prison in Iraq.

Posted in Business, War & Terrorism |

The President’s brother Neil is making hay from school reform

Sunday, October 8th, 2006

Across the country, some teachers complain that President George W. Bush’s makeover of public education promotes “teaching to the test.” The President’s younger brother Neil takes a different tack

Posted in Business, Breaking-News |

MySpace founder alleges fraud in sale to News Corp

Saturday, October 7th, 2006

MySpace founder Brad Greenspan alleged on Thursday that the 2005 sale of the popular social networking site to News Corp was one of the “largest merger and acquisition scandals in US history”.

Posted in Business, Science Technology |

Hewlett-Packard spying scandal sheds new light on US corporate “ethics”

Monday, October 2nd, 2006

Posted in Business |

Drug firms’ lobby tactics revealed

Wednesday, September 27th, 2006

Multinational drug companies have been lobbying ministers in an attempt to subvert the independent appraisal process and get their expensive new medicines approved for large-scale use in the NHS.

Posted in General, Business |

Ex-Enron CFO Fastow sentenced to 6 years in jail

Tuesday, September 26th, 2006

Andrew Fastow, who helped engineer the financial trickery that sank Enron Corp. and then helped convict his former bosses in the scandal, on Tuesday got four years knocked off the plea deal he had made, receiving a six-year sentence instead.

Posted in Business |

Gambling is only legal when the government gets a cut

Tuesday, September 26th, 2006

Stocks fell sharply in the online gaming industry at the beginning of September, after word spread of a second Internet gaming executive arrested by U.S. authorities.

Posted in Business, Politics |

Twisted truth about financial advice

Sunday, September 24th, 2006

Last week saw the Devon-based independent financial adviser Langtons hit with a £63,000 fine. The regulator found it was in danger of exposing customers to advice from untrained advisers and ill-judged product promotions.

Posted in Business |

US has ‘at least 400 billionaires’

Friday, September 22nd, 2006

The United States’ top 400 wealthiest people are now all billionaires for the first time, Forbes magazine has reported in its annual survey of the country’s wealthiest people.

Posted in Business |

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