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GlaxoSmithKline Alleged to Pay Bribes in China
by Pratap ChatterjeeCorpWatch Blog
July 15th, 2013
GlaxoSmithKline (GSK) has been accused of bribing doctors in China in order to boost sales. Chinese government officials say they have uncovered evidence of a bribery scheme involving 700 travel agencies who were used to funnel as much as three billion yuan ($480 million) in payments.

Cargill Flouts Law to Secretly Build Land Bank in Colombia
by Richard SmallteacherCorpWatch Blog
July 13th, 2013
Cargill, the world’s largest food company, has been secretly amassing land from small farmers in eastern Colombia, despite a law prohibiting the practice. When the two countries signed a free trade agreement last year, Cargill emerged as the owner of 52,574 hectares where it grows corn and soybeans.

Family Sues G4S For Killing Angolan Deportee
by Pratap ChatterjeeCorpWatch Blog
July 10th, 2013
The family of Jimmy Mubenga, an Angolan refugee in the UK, has brought a civil lawsuit against G4S, the world’s largest private security company. Mubenga died on October 12, 2010 while being restrained by G4S guards who were hired to help deport him from the country.

Rival Safety Agreements for Bangladesh Garment Factories Announced
by Richard SmallteacherCorpWatch Blog
July 8th, 2013
Two rival agreements that aim to improve safety in Bangladeshi garment factories were launched this week. The European-led Accord on Fire and Building Safety in Bangladesh’s Garment Industry was launched Monday while the much weaker North American led Alliance for Bangladesh Worker Safety was launched Wednesday.

Surveillance Contractor Bug In Ecuador Embassy Fails to Stop Wikileaks
by Pratap ChatterjeeCorpWatch Blog
July 3rd, 2013
Bugging equipment from the Surveillance Group Limited, a British private detective agency, has been found in the Ecuadorean embassy in London where Julian Assange, editor of Wikileaks, has taken refuge. The spy devices have so far failed to foil the whistle blowing group's daring exploits to support Edward Snowden.

Daily CEO Pay Now Exceeds U.S. Workers Annual Salary
by Richard Smallteacher
June 30th, 2013
U.S. corporate CEO salaries rose 16 percent in 2012, according to research firm Equilar. Average daily CEO pay is now greater than that of the average annual worker salary. Top salary: Larry Ellison of Oracle - over $96 million. Top exit bonus: James Mulva of ConocoPhillips - $156 million.

Anglo Irish Bank Executives Joked About Billion Euro Bail Out Scam
by Pratap ChatterjeeCorpWatch Blog
June 24th, 2013
Executives at one of Ireland’s biggest banks laughed and joked about how they were going to fool the Central Bank into bailing them out, according to a tape recording obtained by the Irish Independent. The failure of Anglo Irish Bank is eventually expected to cost the taxpayer €30 billion.

Monsanto Refuses to Testify at Seed Hearing in Puerto Rico
by Carmelo Ruiz-MarreroCorpWatch Blog
June 20th, 2013
Monsanto has refused to testify at a major government hearing about the development and sale of seeds in Puerto Rico. At stake is the research that the company conducts into genetic engineering on the island that critics say threaten the environment and can cause serious human health problems.

Edward Snowden and the National Security Industrial Complex
by Pratap ChatterjeeCorpWatch/IPS*
June 17th, 2013
Military contractor Booz Allen Hamilton is in the news over two of its former employees: Edward Snowden, the whistleblower, and James Clapper, U.S. intelligence czar. A review of Booz Allen's own high level conflicts of interest and shoddy work suggests that Congress should target the company, not the messenger.

Myriad Loses Patent to Breast Cancer Genetic Test
by Richard SmallteacherCorpWatch Blog
June 13th, 2013
Myriad Genetics has lost its right to be the exclusive U.S. commercial provider of genetic screening tests for breast cancer or ovarian cancer. The American Civil Liberties Union (ACLU), which sued the company, claimed that the patent would limit scientific research as well as health care options for women.

Google & Facebook Discussed Secret Systems for U.S. to Spy on Users
by Pratap ChatterjeeCorpWatch Blog
June 8th, 2013
Google and Facebook have discussed – and possibly built – special portals for the U.S. government to snoop on user data, according to revelations sparked by an investigative series of articles by Glenn Greenwald of the Guardian.

Cat and Mouse Game for Wall Street Hedge Fund
by Richard SmallteacherCorpWatch Blog
June 4th, 2013
Steve Cohen, the billionaire founder of the most profitable hedge fund in history with $15 billion in assets averaging 30 percent in annual profits for two decades, has become the most watched man on Wall Street. Will he lose all his outside investors and will he go to jail?

Lobbyists for Canadian Pipeline Have Deep Ties to White House
by Pratap Chatterjee
May 31st, 2013
TransCanada and the provincial government of Alberta are paying former advisors to the Obama administration - as well as former staff of the Hillary Clinton and John Kerry presidential campaigns - to help them lobby for the proposed Keystone XL pipeline to transport tar sands fuel to the U.S.

Spinneys Lebanon Criticized for Labor Practices
by Richard SmallteacherCorpWatch Blog
May 28th, 2013
Charbel Nahas, the former Lebanese labor minister, is to appear before a court next month on charges of publishing incorrect information, slander and libel over the labor practices of Spinneys, the Dubai-based Middle Eastern supermarket chain.

Verizon (and Google) Helped U.S. Government to Spy on Reporters
by Pratap ChatterjeeCorpWatch Blog
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.

H&M Responds Slowly to Bangladesh Factory Collapse Killing 1,100
by Puck LoCorpWatch Blog
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.

Ranbaxy Pays $500 Million Fine for Selling Bad Batches of Generic Medicines
by Pratap ChatterjeeCorpWatch Blog
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.

Ukraine Egg King Global Plans Fail North Carolina Farmers
by Puck LoCorpWatch Blog
May 10th, 2013
Farmers in North Carolina are regretting the day that they put their trust in the Egg King - Oleg Bakhmatyuk – a billionaire agricultural investor from the Ukraine. Over 100 farmers are suing a subsidiary of his global empire for almost $10 million for reneging on chicken sales contracts.

Neither Admit Nor Deny: Big Business Allowed To Pay Millions to Avoid Jail
by Pratap ChatterjeeCorpWatch Blog
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?

Benetton, Others Tied to Bangladesh Factory Disaster: 400 Killed
by Pratap ChatterjeeCorpWatch Blog
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.

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