|GEO Group, Inc.: Despite a Crashing Economy, Private Prison Firm Turns a Handsome Profit|
by Erin Rosa, Special to CorpWatch
March 1st, 2009
While the nation’s economy flounders, business is booming for The GEO Group Inc., a private prison firm paid millions by the U.S. government. Behind the financial success and expansion of the for-profit security company, there are increasing charges of negligence, civil rights violations, abuse and even death.
|Inheriting Halliburton's Army: What Will Obama Do With KBR?|
by Pratap Chatterjee, TomDispatch.com
February 22nd, 2009
President Obama will almost certainly touch down in Baghdad and Kabul in Air Force One sometime in the coming year to meet his counterparts in Iraq and Afghanistan, and he will just as certainly pay a visit to a U.S. military base or two. Should he stay to eat with the troops, he will no less certainly choose from a menu prepared by migrant Asian workers under contract to Houston-based KBR, the former subsidiary of Halliburton.
|Xstrata Dreaming: The Struggle of Aboriginal Australians against a Swiss Mining Giant|
by Michael Deibert, Special to CorpWatch
February 16th, 2009
The McArthur River winds through Australia’s remote Northern Territory, home to four main Aboriginal linguistic groups: the Gurdanji, Yanyuwa, Garawa and Mara. Earlier this month Australian Minister for Environment Peter Garrett announced conditional approval for a bid by Swiss mining giant Xstrata to expand its zinc mining operations in the sacred McArthur River floodplain.
|Norilsk Nickel: A Tale of Unbridled Capitalism, Russian Style|
by Anton Foek, Special to CorpWatch
October 9th, 2008
The launch of Russia’s stock markets in the early 90s and privatization of state assets has profoundly impacted Russian society. As the case of mining giant Norilsk Nickel illustrates, this experiment has given rise to both immense personal wealth for a new elite, and economic uncertainty for the ordinary citizen.
|One Million Weapons to Iraq; Many Go Missing|
by Pratap Chatterjee, Special to CorpWatch
September 22nd, 2008
An Alabama company controlled by a billionaire Kuwaiti family is the biggest supplier of guns to Iraq. These weapons were paid for by the Pentagon which has lost track of them. A new Amnesty international report says that such unrestrained global arms trading schemes may have catastrophic human rights consequences.
|Toyota: Auto Industry Race to the Bottom|
by Barbara Briggs, Special to CorpWatch
September 16th, 2008
Globally, Toyota is known for its innovation and quality of products like the Prius hybrid. A closer look at operations in Japan, the Philippines, Myanmar and the U.S. reveals a story of extreme working conditions, union-busting and other corporate abuses. In Japan and elsewhere, workers are speaking out.
|Absolving Your Sins and CYA: Corporations Embrace Voluntary Codes of Conduct
by Anne Landman, Center for Media and Democracy, Special to CorpWatch
August 18th, 2008
Multinational industries like tobacco and alcohol have responded to increased global public pressure for accountability around corporate operations by creating Voluntary Codes of Conduct to self-regulate their behavior. But how are the results measuring up?
|Ducking Responsibility: Entergy Spins Its Nukes|
by Shay Totten, Special to CorpWatch
August 4th, 2008
Entergy Nuclear (part of the broader Entergy energy family) is spinning off its northeastern U.S.-based nuclear power plants into a related limited liability corporation, Enexus. Stakeholders in Vermont, home of the Yankee Nuclear power plant, are less than happy, with Entergy also reneging on prior commitments to cover eventual plant decommissioning costs, potentially stranding taxpayers with much of the bill.
|Dark Side of the Tourist Boom: Cruise Ship Controversies Cross Borders |
by Kent Paterson, Special to CorpWatch
July 9th, 2008
The Mexican Pacific resort of Zihuatanejo recently cancelled a major new cruise ship terminal, giving a victory to environmental activists and other opponents. However, Mexico remains the world’s Number One cruise ship destination; and with little regulation, allegations of onboard crime, and increasing militarization as regards security while ships are in port, the rapidly expanding industry is facing new challenges.
|Crossing the Wayúu: Pipeline Divides Indigenous Lands in South America |
by Jonathan Luna , Special to CorpWatch
June 5th, 2008
Touted as the first step in a major regional integration project, the 225-kilometer TransCaribe pipeline travels underground across Colombia's Guajira Peninsula to the gas refineries of Maracaibo, Venezuela. Protesting the mega project's impacts on the peninsula's indigenous communities, the Wayúu community of Mashiis-Manaa is leading the struggle against oil giant Petróleos de Venezuela.
|Suing the Smelter: Oklahoma Town Takes on Freeport|
by Eliza Strickland, Special to CorpWatch
May 15th, 2008
Residents of the town of Blackwell, Oklahoma have brought a class action lawsuit against mining giant Freeport McMoRan. The plaintiffs say that the company's zinc smelter, which closed in 1974, left a toxic legacy in the town, including contaminated sand from the smelter that was given away for free.
|Booming Chinese Demand Has Ripples Down Under In Queensland|
by Patrick O'Keeffe, Special to CorpWatch
April 16th, 2008
A bauxite mine and a proposed refinery in northern Queensland, Australia, to be developed by a Chinese mineral company, has divided local and traditional landowners. Part of a major industrialization scheme, it has also sparked worries among environmentalists.
|Smokestack Injustice? Toxic Texas Smelter May Reopen|
by Kent Paterson, Special to CorpWatch
April 2nd, 2008
The old American Smelting and Refining Company (Asarco) copper smelter in El Paso, Texas, which has spewed out toxins for over a century, has been granted a new five-year permit. This is despite the fact that it violates international laws by polluting communities on both sides of the U.S.-Mexico border.
|Ecuador's Yasuni Park: Oil Exploration or Nature Protection?|
by Agneta Enström, Special to CorpWatch
March 20th, 2008
Permission for Petrobras of Brazil to drill for oil in Yasuni National Park, one of the most biologically diverse places in the world, has been suspended, but some damage has already been done by Swedish construction giant Skanska. Unless new money is found to protect the forest, exploration may resume.
|Carlyle Group May Buy Major CIA Contractor: Booz Allen Hamilton|
by Tim Shorrock , Special to CorpWatch
March 8th, 2008
The Carlyle Group, one of the world's largest private equity funds, may soon buy out the $2 billion dollar intelligence division of Booz Allen Hamilton, one of the biggest advisors to the U.S. spy community.
|Playing with Children's Lives: Big Tobacco in Malawi|
by Pilirani Semu-Banda, Special to CorpWatch
February 25th, 2008
Cigarettes may be damaging not only your own health, but also that of some of the world's poorest children. Much of Malawi's thriving tobacco industry rests on the backs of exploited children, some as young as five years old.
|Burying Indonesia’s Millions: The Legacy of Suharto
by Andreas Harsono, Special to CorpWatch
February 15th, 2008
Over the last 50 years, a network of cronies helped former Indonesian president Suharto build a business empire and amass a multi-billion dollar fortune. Today his successors face an uphill battle to recover the money even after his death.