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Media & Entertainment

Verizon (and Google) Helped U.S. Government to Spy on Reporters
Pratap Chatterjee
May 23rd, 2013

Technology companies willingly provided information to U.S. government agencies to help the Obama administration snoop on reporters from the Associated Press and Fox news in order to ostensibly crack down on leaks that pose a “threat” to national security.

CorpWatch cartoon by Khalil Bendib

Retail & Mega-Stores

H&M Responds Slowly to Bangladesh Factory Collapse Killing 1,100
Puck Lo
May 19th, 2013

H&M (Hennes & Mauritz), a major Swedish “fast fashion” retailer, led 30 international companies this week to commit to a new $3 billion fund to improve the safety of garment factories in Bangladesh. Watchdog organizations say the companies acted only because of external pressure by activists and workers.

Protest advertisement designed by Avaaz
Pharmaceuticals

Ranbaxy Pays $500 Million Fine for Selling Bad Batches of Generic Medicines
Pratap Chatterjee
May 14th, 2013

Ranbaxy, a subsidiary of Japanese pharmaceutical company Daiichi Sankyo, has paid a $500 million fine and pled guilty to selling adulterated drugs manufactured in India. The settlement comes 16 months after the company signed an agreement with U.S. authorities to change its ways.

Pills. Photo: e-magineart.com. Used under Creative Commons license
Corruption

Neither Admit Nor Deny: Big Business Allowed To Pay Millions to Avoid Jail
Pratap Chatterjee
May 5th, 2013

Record fines adding up to $36 billion have been paid out in the last 12 years by multinational corporations to the U.S. government to settle charges of corruption and fraud. But are they getting away with a slap on the wrist to avoid prosecution for major crimes?

Occupy Wall Street protest. Photo: Michael Fleshman. Used under Creative Commons license.
Retail & Mega-Stores

Benetton, Others Tied to Bangladesh Factory Disaster: 400 Killed
Pratap Chatterjee
May 1st, 2013

Multinationals like Benetton have tried to distance themselves from Rana Plaza, a Bangladeshi building housing five clothing factories, that collapsed last week killing over 400. Activists argue that change will only come when workers get more political support to challenge them.

Collage of designer labels dug out of Rana Plaza (left) after the collapse. Photos: Institute for Global Labour and Human Rights
Natural Resources

Arch Coal Denied Permission to Blow Up West Virginia Mountain
Puck Lo
April 25th, 2013

A subsidiary of Arch Coal of St. Louis, Missouri, was denied permission to dump nearly three billion cubic feet of dirt into local headwater streams after blowing up a mountain in West Virginia. The object was to extract coal from a project known as the Spruce No. 1 Surface Mine.

Activists Dump Coal Waste at U.S. Environmental Protection Agency headquarters in Washington DC. Photo: Rainforest Action Network. Used under Creative Commons license.
Natural Resources

Guatemalan Lawsuit Against Canadian Mining Giant May Set Precedent
Jennifer Kennedy
April 19th, 2013

A lawsuit against HudBay Minerals in Canada for human rights abuses in Guatemala is the next case to watch for corporate accountability activists after the U.S. Supreme Court rejected a case against Shell for aiding and abetting human rights abuses in Nigeria.

Angelica Choc stands next to a sign that says “Adolfo Ich murdered by CGN. Mining is responsible.” Photo: Daniel Sosa
Natural Resources

U.S. Supreme Court Dismisses Lawsuit Against Shell in Nigeria
Pratap Chatterjee
April 17th, 2013

In a unanimous ruling, the U.S. Supreme Court dismissed a lawsuit against Shell in Nigeria for human rights abuses in the Ogoni region. The ruling effectively blocks other lawsuits against foreign multinationals for human rights abuse that have occurred overseas from being brought in U.S. courts.

Project Underground poster on Shell
Financial Services, Insurance and Banking

EUROPE: Spain Sets Up 'Bad Bank' to Buy Toxic Real Estate
Giles Tremlett
August 31st, 2012

Spain will inject emergency capital into the country's biggest ailing bank, Bankia, as it puts into place reforms to allow loss-making banks to receive eurozone bailout money.