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Dana Corp. creditors said the company's latest plan to reward six top executives would allow them to reap a "windfall" if they were to get Dana to cut workers' retirement benefits.

CorpWatch unveils major report on corporate profiteering in the wake of Hurricanes Katrina and Rita on the American Gulf Coast.

TOXIC mud still spurting from a gas drilling well part-owned by Australian mining giant Santos is threatening to mire East Java in a full-scale disaster.

L-3 Communications, a little-known but gigantic military contractor, provides 300 contract intelligence experts to the Pentagon in Iraq to support operations ranging from interrogation to media analysis. The secretive $426.5 million operation, which is run out of Virginia, may be a recipe for disaster, say critics.

Also see related story, A Translator's Tale, by Pratap Chatterjee.

Goran Habbeb was shot and left for dead by gunmen in Iraq for helping troops in counter-intelligence tasks. He worked for Titan, a military contractor, who supply translators to the military under a profitable multi-billion dollar contract. Almost 200 of their workers have been killed, the highest by far of any contractor in Iraq.

A major Dutch arms manufacturer's bankruptcy revealed a secret deal to supply weapons to General Augusto Pinochet of Chile. The man behind the scheme is now a tax exile who appears to be immune from charges of bribery or tax evasion.

BP's image today suffered another blow as the British oil giant closed the last 12 of 57 oil wells in Alaska that had been leaking.

Thames Water could face a fine of up to £140m for failing to provide a good service to its eight million customers in the south-east of England.

Drivers from low-income neighborhoods of New York, Hartford and Baltimore, insuring identical cars and with the same driving records as those from middle-class neighborhoods, paid $400 more on average for a year's insurance.

The Serious Fraud Office today announced an investigation into whether Southern Water deliberately misled the water regulator, Ofwat, about its failure to meet customer service standards.