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| US: Industry Takes Aim at Plan to Create Financial Protection Agency
by Brady Dennis, Washington Post
July 7th, 2009
Business and trade-group lobbyists are beating a path for the first major battle over the Obama administration's efforts to overhaul the financial regulatory system. Recent discussions have involved the American Bankers Association, National Auto Dealers Association, U.S. Chamber of Commerce, Mortgage Bankers Association and other lobbyists. |
| US: Activist Financier 'Terrorizes' Bankers in Foreclosure Fight
by James R. Hagerty, Wall Street Journal
May 20th, 2009
A nonprofit organization, Neighborhood Assistance Corp. of America, or NACA, has emerged as one of the loudest scourges of the banking industry in the post-bubble economy. Though some bankers privately deplore his tactics, NACA's Bruce Marks is a growing influence in the lending industry and the effort to curb foreclosures. |
| US: Debt Settlers Offer Promises but Little Help
by David Streitfeld, New York Times
April 19th, 2009
With the economy on the ropes, hundreds of thousands of consumers are turning to “debt settlement” companies like Credit Solutions to escape a crushing pile of bills. State attorneys general are being flooded with complaints about settlement companies and other forms of debt relief. |
| WORLD: The Jewel Trade's Fading Luster
by V. Dion Haynes and Rama Lakshmi, Washington Post
March 28th, 2009
The drop in U.S. demand for high-end jewelry in a slumping economy is having ripple effects around the globe as stores close, workers are laid off in mass in the diamond-polishing factories of Gujarat, and countries like Botswana experience a dramatic drop in diamond revenue. |
| US: Mr. Whipple Left It Out: Soft Is Rough on Forests
by Leslie Kaufman, New York Times
February 25th, 2009
The U.S. obsession with soft toilet paper has driven the growth of brands like Cottonelle Ultra, Quilted Northern Ultra and Charmin Ultra. But fluffiness comes at a price: millions of trees harvested in North America and in Latin American countries, including some percentage of trees from rare old-growth forests in Canada. |
| JAPAN: Nissan to Slash Payroll, Pare Japanese Output
by John Murphy, Wall Street Journal
February 9th, 2009
Nissan Motor Co. Monday announced plans to slash more than 20,000 jobs world-wide, shift production out of Japan and seek government assistance from Japan, the U.S. and elsewhere, part of a broad new effort by the Japanese car maker to weather the economic downturn. |
| US: U.S. jewelry retailers oppose large Alaska gold mine
by Mary Pemberton, THE ASSOCIATED PRESS
February 12th, 2008
Just in time for Valentine's Day, five of the leading U.S. jewellers have sworn off gold that someday could come from the Pebble Mine, a huge deposit being scoped out by a subsidiary of a Canadian company near the world's most productive wild sockeye salmon stream in southwestern Alaska. |
| CHINA/US: The Recalls’ Aftershocks
by Louise Story and David Barboza, New York Times
December 22nd, 2007
Toy makers are investigating whether they need to treat their tainted products with stabilization chemicals or if they must seal the toys in giant polyethylene bags. |
| US: Charity’s Share From Shopping Raises Concern
by Stephanie Strom, New York Times
December 13th, 2007
Increasingly, nonprofit experts are questioning one of the fastest-growing sectors of giving, the practice of building a donation into the purchase of items. Such giving is unregulated and, in most cases, unaccountable — and no one knows who, if anyone, is claiming a tax deduction for it. |
| WORLD: We must count the true cost of cheap China
by Richard McGregor, Financial Times
August 2nd, 2007
In the wake of the multiple scandals over tainted Chinese food and drug exports in recent months, Chinese goods now have an indelible image of being not just cheap, but life-threatening as well. But the fact that wrongly labelled foods, liquor and pharmaceuticals have routinely sickened and even killed people en masse in China has been largely overlooked. |
| US: Mattel Recalls One Million Toys
by Louise Story , New York Times
August 2nd, 2007
Mattel, the maker of Barbie dolls and Hot Wheels cars, is recalling nearly one million toys in the United States today because the products’ surfaces are covered in lead paint. According to Mattel, all the toys were made by a contract manufacturer in China. |
| MEXICO: Thousands of Unpaid Teens Bag Groceries for Wal-Mart
by Joseph Contreras, Newsweek
August 1st, 2007
Wal-Mart prides itself on cutting costs at home and abroad, and its Mexican operations are no exception. Wal-Mart is Mexico's largest private-sector employer in the nation today, with nearly 150,000 local residents on its payroll. An additional 19,000 youngsters between the ages of 14 and 16 work after school in hundreds of Wal-Mart stores, mostly as grocery baggers, throughout Mexico-and none of them receives a red cent in wages or fringe benefits. |
| CHINA: Lead Toxins Take a Global Round Trip
by Gordon Fairclough, The Wall Street Journal
July 12th, 2007
High levels of toxic lead turning up in cheap jewelry from China are prompting recalls in the U.S. But some of the lead used by these Chinese manufacturers comes from an unconventional source: computers and other electronic goods discarded in Western countries and dumped in China. |
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