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Boeing Helps Kill Proposed Law to Regulate Drones
Pratap Chatterjee
March 30th, 2013
Boeing, the aircraft manufacturing giant from Seattle, helped defeat a Republican proposal in Washington state that would have forced government agencies to get approval to buy unmanned aerial vehicles, popularly known as drones, and to obtain a warrant before using them to conduct surveillance on individuals.
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 | | Boeing X-45A combat drone. Photo by cliff1066™. Used under Creative Commons license. |
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Monsanto Bullies Small Farmers Over Planting Harvested GMO Seeds
Puck Lo
March 24th, 2013
Does Monsanto own all future generations of genetically modified seeds that it sells? The Missouri-based agribusiness giant wants farmers to pay a royalty to plant any seed that descended from a patented original. The legal decision has ramifications for other patented "inventions" that reproduce themselves like strands of DNA.
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 | | "Seed Giants vs. U.S. Farmers." New report by Center for Food Safety. |
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Wall Street Giants – JP Morgan and SAC – Hauled Up On Fraud Allegations
Pratap Chatterjee
March 15th, 2013
JP Morgan - the Wall Street investment bank - and SAC - a major hedge fund - were hauled up Friday for alleged fraud. JP Morgan was questioned at a U.S. Senate hearing about hiding trading losses while SAC agreed to pay $614 million to settle insider trading charges.
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 | | 2010 protest against JP Morgan. Photo: SEIU. Used under Creative Commons license |
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“Fat Cat” Laws Approved In Europe To Curb Excessive Corporate Pay
Puck Lo
March 8th, 2013
Nearly 70 percent of Swiss voters approved a “fat cat” referendum that would prohibit “golden handshake” bonuses to departing corporate bosses while the European Union approved legislation limiting bankers executive bonuses to a maximum of one year’s salary, or twice that amount if a majority of shareholders approve.
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 | | Cartoon by Khalil Bendib |
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Sierra Leone Farmers Evicted for Sugarcane Biofuel Plantations
Jennifer Kennedy
March 5th, 2013
Addax Bioenergy, a Swiss energy company, is jeopardizing the livelihoods of thousands of subsistence farmers in order to export ethanol made from sugarcane grown in Sierra Leone, according to the Sierra Leone Network on the Right to Food and Brot Für Alle, an NGO based in Switzerland.
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 | | Addax sign in Sierra Leone. Photo courtesy Oakland Institute |
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BP Goes on Trial for Deepwater Horizon Explosion
Pratap Chatterjee
March 2nd, 2013
BP, the UK oil company, went on trial this week for the 2010 Deepwater Horizon drilling rig explosion in the Gulf of Mexico. The company could be fined up to $30 billion over the $25 billion it has promised if the court finds that it was "grossly negligent.”
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 | | Emergency response crews fight Deepwater Horizon fire. Photo courtesy U.S. Coast Guard. Used under Creative Commons license. |
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U.S. Prosecutors Build Case Against Steve Cohen, Hedge Fund Billionaire
Pratap Chatterjee
February 24th, 2013
SAC Capital is one of the most profitable hedge funds in history with $15 billion in assets averaging 30 percent in annual profits for 20 years running. Today Wall Street is watching nervously as U.S. government lawyers work on a case against billionaire founder Steven Cohen for insider trading.
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Capita Bungles Deportation of Irregular Migrants in UK
Lily Smith
February 18th, 2013
Capita, a UK outsourcing company, sent text messages to thousands of people in the UK, asking them to leave the country, as part of a privatized deportation scheme. Unfortunately hundreds of people that they targeted were in the country legally.
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 | | UK Border Agency arresting migrant workers. Photo: UK Home Office. Used under Creative Commons license. |
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