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CorpWatch Exclusives : Displaying 409-428 of 802

Agility Attempts to Vault Fraud Charges
by Pratap ChatterjeeSpecial to CorpWatch
February 1st, 2010
Agility, a Kuwait-based multi-billion dollar logistics company spawned by the U.S. invasion of Iraq, is facing criminal charges for over-billing the U.S. taxpayer on more than $8.5 billion worth of food supply contracts in the Iraq war zone. If the lawsuit is successful, the company could owe the U.S. government as much as $1 billion.

Shed a Tear for Our Democracy
by Robert WeissmanPublic Cititzen
January 22nd, 2010
Patronage from Exxon, Goldman Sachs, Pfizer and the rest of the Fortune 500 is already corroding the U.S. policy making process. In Citizens United v. FEC, the U.S. Supreme Court has now ruled that these corporate giants have a First Amendment right to spend unlimited amounts of money to influence election outcomes.

Temping Down Labor Rights: The Manpowerization of Mexico
by Kent PatersonSpecial to CorpWatch
January 6th, 2010
In the globalized electronics production chain, Mexico serves as the main assembler of Asian-produced components for electronics exported to the United States. Mexico's labor force is increasingly supplied by temporary workers employed through domestic and transnational corporations like Manpower.

The Enbridge Oil Sands Gamble
by Andrew NikiforukSpecial to CorpWatch
December 14th, 2009
Patrick Daniel, the CEO of Enbridge Inc, is bullish about the future of unconventional oil from Canada’s massive tar sand deposits. His company not only operates North America’s longest crude oil and liquid pipelines, but transports 12 percent of the oil that the U.S. imports daily. Canada’s bitumen, or dirty crude, lies under a forest area the size of England and is arguably the world’s last remaining giant oil field.

Bhopal: Generations of Poison
by Nityanand JayaramanSpecial to CorpWatch
December 2nd, 2009
On the night of December 2-3, 1984, the Union Carbide pesticide factory in Bhopal, India leaked poisonous methyl iso cyanate into its densely populated neighborhood, killing 8,000 people in the immediate aftermath. 25 years later, Dow Chemical (which purchased Union Carbide in 2001) still refuses to clean up the site. But a new generation of Bhopal survivors is taking on the fight.

CorpWatch Announces Version 2.0 of the CrocTail Corporate Subsidiaries Database and Open API
Special to CorpWatch
November 24th, 2009
Developed with support from the Sunlight Foundation, CrocTail provides an interface for browsing information about several hundred thousand corporations publicly traded in the U.S. and their domestic and foreign subsidiaries. In this new version, users can click on different years and see how subsidiary relationships for a company have changed over time.

Black & Veatch's Tarakhil Power Plant: White Elephant in Kabul
by Pratap ChatterjeeSpecial to CorpWatch
November 19th, 2009
In a secluded valley a few miles from Kabul's international airport, $285 million in U.S. taxpayer dollars have flowed into a Black & Veatch-built power plant outside Tarakhil village. But, far from the public relations coup the project was intended to supply, the plant has run into problems with planning, cost over-runs and alleged corruption.

Spies for Hire: New Online Database of U.S. Intelligence Contractors
by Tim ShorrockSpecial to CorpWatch
November 16th, 2009
CorpWatch joins with Tim Shorrock today, the first journalist to blow the whistle on the privatization of U.S. intelligence, in releasing Spies for, a groundbreaking database focusing on the dozens of corporations that provide classified intelligence services to the United States government.

Uranium Corporation of India Limited: Wasting Away Tribal Lands
by Moushumi BasuSpecial to CorpWatch
October 7th, 2009
In Eastern India's Jharkand State, tensions are mounting between Indigenous tribal communities and the Uranium Corporation of India Limited, or UCIL. Heavy security at a May public hearing in Jadugoda prevented many local activists and villagers from entering. But outside the hearing, activists from the Jharkhandi Organization Against Radiation (JOAR) argued their case for protecting their health and the environment from horrific impacts of radioactive contaminated waste resulting from uranium mining.

Mission Essential, Translators Expendable
by Pratap ChatterjeeSpecial to CorpWatch
August 11th, 2009
Ohio-based Mission Essential Personnel supplies over 2,000 translators to the Pentagon in Afghanistan, who play a critical role in protecting local and military lives. These interpreters are a key communications link. But if they are wounded or killed, they are often left to fend for themselves. This special features video of CorpWatch interviews with three Afghan whistleblowers, recorded in country in April. Click through to hear their story.

Damming Magdalena: Emgesa Threatens Colombian Communities
by Jonathan LunaSpecial to CorpWatch
July 21st, 2009
Near the town of La Jagua, overlooking the Magdalena River, the landscape is dotted with concrete markers declaring the land, river, and everything else a “public utility” that Colombia has given to the energy company Emgesa as part of the Quimbo Hydroelectric Project. A construction permit was granted in May, with the dam scheduled for full operation by 2014.

Obama's Tax Haven Reform: Chump Change
by Charlie CraySpecial to CorpWatch
June 15th, 2009
In early May, the Obama administration announced plans to eliminate the advantages that multinationals have over domestic corporations as to the tax treatment of reinvested profits. K Street corporate lobbyists haven’t squealed so loudly since they lost their three martini lunches. The uproar draws attention away from the fact that U.S. multinationals enjoy an effective tax rate of just 2.4 percent on billions of dollars in foreign active earnings.

CorpWatch announces release of the CrocTail application and open CorpWatch API
June 8th, 2009
CorpWatch, with support from the Sunlight Foundation, announces release of the CrocTail application and open CorpWatch API. CrocTail provides an interface for browsing information about U.S. publicly traded corporations and their many foreign and domestic subsidiaries. CrocTail also serves as a demonstration of the features and data available through the CorpWatch API.

Is Halliburton Forgiven and Forgotten? Or How to Stay Out of Sight While Profiting From the War in Iraq
by Pratap
June 3rd, 2009
At Halliburton's recent annual shareholders meeting in Houston, all was remarkably staid as the company celebrated its $4 billion in 2008 operating profits, a striking 22% return at a time when many companies are announcing record losses. Just three months ago, however, Halliburton didn't hesitate to pay $382 million in fines to the U.S. Department of Justice as part of the settlement of a controversial KBR gas project in Nigeria in which the company admitted to paying a $180 million bribe to government officials.

The True Cost of Chevron: An Alternative Annual Report
by Antonia Juhasz
May 26th, 2009
Chevron's 2008 annual report is a glossy celebration of the company's most profitable year in its history. What Chevron's annual report does not tell its shareholders is the true cost paid for those financial returns, or the global movement gaining voice and strength against the company's abuses. This jointly-produced report documents negative impacts of Chevron's operations around the globe, in stark contrast to the message sent by the company's ubiquitous "Human Energy" advertising campaign.

Mexico’s Other Crisis: Foreign Banks
by Kent PatersonSpecial to CorpWatch
May 15th, 2009
The worldwide financial crisis is hitting people in the Global South with particular venom, and disaster profiteering is alive and well. Take Mexico. While entities like Citigroup-owned Banamex get away with charging Mexican credit account-holders usurious interest rates of up to 100 percent, Banamex itself turned nearly $1 billion in profits in 2008.

Goa Cursed By Its Mineral Wealth
by Emily BildSpecial to CorpWatch
April 23rd, 2009
Set on India's west coast, Goa is renowned as a beach paradise popular with Indian and foreign tourists alike. Just a few miles inland from the quaint restaurants and the pristine waves lapping the silver shores of India's smallest state, iron-ore mining is destroying the environment, say activists and locals.

Regulating Ramatex: Authorities Shut Out as Malaysian Investor Threatens Namibian Environment
by Moses MagadzaSpecial to CorpWatch
April 5th, 2009
For nearly six years Ramatex Textile and Garment Factory barred government regulators from entering industrial premises leased from the City of Windhoek. Ramatex came to Namibia in 2001, lured by the newly implemented African Growth and Opportunity Act (AGOA). Evidence of environmental violations finally emerged after the company absconded.

Policing Afghanistan: Obama's New Strategy
by Pratap ChatterjeeSpecial to CorpWatch
March 23rd, 2009
A new strategy for Afghanistan and Pakistan will be unveiled by President Barack Obama this week. It plans to ramp up the training of the Afghan army and police at a cost of some $2 billion a year. Private contractor DynCorp is already lining up to bid for some of the lucrative contracts. This article provides an overview of key reports assessing the training of the Afghan police, and DynCorp's role, to date.

GEO Group, Inc.: Despite a Crashing Economy, Private Prison Firm Turns a Handsome Profit
by Erin RosaSpecial 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.

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