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CorpWatch Exclusives : Displaying 41-60 of 622


Fast Food Workers File Lawsuit Against McDonald’s for Alleged Wage Theft
by Fatima HansiaCorpWatch Blog
March 21st, 2014
Over 25,000 low-wage employees working at McDonald’s franchises in California, Michigan and New York are being systematically cheated of their wages, say attorneys who filed seven simultaneous lawsuits last week against McDonald’s and its franchisees for violations of labor law.

Cambodian Villagers Land Bulldozed for UDG Casino Complex
by Pratap ChatterjeeCorpWatch Blog
March 14th, 2014
Villagers in Koh Kong, Cambodia, say that their lands have been bulldozed by employees of the Union Development Group, a Chinese company, which is building a massive casino on a 45,000-hectare-land concession inside Botum Sakor National Park.

Serco Paid Millions Over Budget for West Australia Hospital with No Patients
by Fatima HansiaCorpWatch Blog
March 11th, 2014
Some 230 staff are being paid to work at the new Fiona Stanley Hospital in West Australia, even though it will not open to patients till March 2015. The project has been labeled a “privatization disaster” and Serco, the contractor, has come under fire for the soaring costs.

Hacking Team Spy Software Identified on U.S. Servers
by Pratap ChatterjeeCorpWatch Blog
March 7th, 2014
Two U.S. companies – Linode of New Jersey and Rackspace of Texas – have been hosting surveillance software designed by Hacking Team of Italy, according to a new report. The software was allegedly been used by governments in Ethiopia, Morocco, Turkey and the United Arab Emirates to track dissidents.

Thomson Safaris Sued Over Maasai Land Near Serengeti
by Richard SmallteacherCorpWatch Blog
March 3rd, 2014
Thomson Safaris, a Massachusetts company that runs the luxury Enashiva tourist camp near the Serengeti wildlife park in Tanzania, has been sued over 10,000 acres of land that the company allegedly acquired illegally from Maasai tribes.

Unpublished Audit of Kaloti Reveal Conflicts Over Gold Trade
by Pratap ChatterjeeCorpWatch Blog
February 28th, 2014
A whistleblower who previously worked for Ernst & Young, the international auditing firm, has alleged that his bosses turned a blind eye to discoveries that Kaloti Jewellery International – one of the world’s biggest gold companies - dealt in minerals from undocumented sources that may have included conflict zones.

Fracking Siberia: Gazprom Teams Up With Shell
by Richard SmallteacherCorpWatch Blog
February 25th, 2014
Gazprom of Russia has begun fracking in western Siberia with the help of Anglo-Dutch giant Shell. The joint venture is introducing new technology developed in the U.S. to tap a vast reserve of oil known as the Bazhenov shale that lies under a 2.3 million square kilometer expanse.

World Bank Agrees to Investigate Labor Conditions at Indian Tea Company
by Pratap ChatterjeeCorpWatch Blog
February 21st, 2014
The World Bank has agreed to investigate Amalgamated Plantations Private Limited (APPL) in India for abusive working conditions on tea plantations in the north-eastern Indian state of Assam, following a formal complaint by workers. A Columbia Law School team has confirmed the workers allegations.

Toyota May Pay $1 Billion To Settle Unintentional Accelerations Claims
by Richard SmallteacherCorpWatch Blog
February 17th, 2014
Toyota is expected to announce a billion dollar settlement with the U.S. government for failing to disclose complaints by drivers that its cars were accelerating unintentionally. News of the negotiations were reported by the Wall Street Journal.

Keystone XL Review Biased and Deeply Flawed, Say Activists
by Richard SmallteacherCorpWatch Blog
February 14th, 2014
A major U.S. government report on the Keystone XL pipeline was written by oil industry consultants, say activist groups. The report, which was commissioned by the State Department and published two weeks ago, downplays the environmental impact of the pipeline and has been seen as key to potential approval.

Anglo Irish Bankers On Trial For Scheme That Led to National Collapse
by Pratap ChatterjeeCorpWatch Blog
February 12th, 2014
Three top executives at Anglo Irish bank are on trial for a secret scheme to buy their own bank’s shares that eventually triggered the 2008 collapse of the Irish economy. The bankers allegedly hatched the plan to cover up bets made by Sean Quinn, once Ireland’s richest man.

Rurelec Wins Compensation for Bolivia Nationalization, But Little Profit
by Richard SmallteacherCorpWatch Blog
February 10th, 2014
Bolivia has been ordered to pay $41 million to Rurelec, a UK energy company, in compensation for nationalizing the Guaracachi power plant in May 2010. The order represents a small profit for Rurelec which bought a 50.1 percent stake in 2006 but substantially less than what the company demanded.

Selling Your Secrets: The Invisible World of Software Backdoors and Bounty Hunters
by Pratap ChatterjeeCorpWatch/Tomdispatch
February 7th, 2014
Mass surveillance by the U.S. National Security Agency involves close partnerships with high-tech companies in order to gather data on everyday people. The agency has cut deals to install secret backdoors into computers; exploit flaws in popular software; and surreptitiously analyze personal data from smartphone games.

Mauritanian Villagers Protest Saudi National Prawn Company Investment
by Richard SmallteacherCorpWatch Blog
February 5th, 2014
Villagers in Boghé, a community 190 miles south west of the Mauritanian capital of Nouakchott, are protesting a proposed $1 billion investment by the Saudi National Prawn Company (NPC) in an aquaculture project in the Senegal river valley that will cover 31,000 hectares.

Bayer CEO Says Drugs Developed For “Western Patients Who Can Afford It”
by Pratap ChatterjeeCorpWatch Blog
February 3rd, 2014
Bayer, the German pharmaceutical giant, is in hot water after CEO Marijn Dekkers told a Financial Times conference that the company designed medicines “for western patients who can afford it” not for the “Indian market.” The company has been critical of the Indian governments efforts to make cheap generic drugs available locally.

Goldman Sachs Sued for Selling Libya Billions in "Worthless" Options
by Richard SmallteacherCorpWatch Blog
January 31st, 2014
Goldman Sachs, the Wall Street investment bank, is being sued in London for selling Libya “worthless” derivatives trades in 2008 that the country’s financial managers did not understand. Libya says it lost approximately $1.2 billion on the deals, while Goldman made $350 million.

Smartphone Game Data Targeted by NSA: Angry Birds Cited
by Pratap ChatterjeeCorpWatch Blog
January 28th, 2014
Millennial Media, a Baltimore based ad company, creates “intrusive” profiles of users of smartphone applications and games like Angry Birds, according to documents leaked to the media by whistleblower Edward Snowden. Such profiles have been exploited by intelligence authorities like the U.S. National Security Agency (NSA), say investigative journalists.

Shell Arctic Drilling Plans Blocked By Courts
by Richard SmallteacherCorpWatch Blog
January 23rd, 2014
Shell’s plans to drill for oil in the Arctic’s Chukchi Sea have been handed a major setback by a U.S appeals court which ruled that the Department of the Interior had underestimated the potential environment impact. The courts ordered the federal government to do a new assessment.

Major Banks Suspend Foreign Exchange Traders Over Market Manipulation
by Pratap ChatterjeeCorpWatch Blog
January 20th, 2014
Several major banks – notably Citibank, Deutsche Bank and HSBC - have suspended over a dozen global foreign exchange traders in a growing scandal over manipulation in the $5.3 trillion-a-day market. Barclays, Goldman Sachs, JP Morgan, Royal Bank of Scotland, Standard Chartered and UBS are also being investigated.

Trafficking Lawsuit Against KBR for Wrongful Deaths in Iraq Dismissed
by Richard SmallteacherCorpWatch Blog
January 17th, 2014
Families of 12 Nepali workers killed in Iraq in August 2004 have been denied permission by a federal judge to sue KBR, the former subsidiary of Halliburton of Houston, in an abrupt reversal of a previous court decision.

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