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LOS ANGELES, Aug. 25 - The attorney general of California sued 39 drug companies on Thursday, accusing them of bilking the state of hundreds of millions of dollars by overcharging for medicines.
Read MoreWal-Mart, which last year opened a store near the ancient Teotihuacan pyramids of Mexico despite loud protests from local activists and small businesses, is now seeking a repeat of its earlier victory, this time in two heavily indigenous areas: in Pátzcuaro in the state of Michoacán and Juchitán, in the southern state of Oaxaca. But local opponents are set for a pitched battle.
Read MoreFederal prosecutors say Giffen, a New York investment banker who became an official in Kazakhstan's government, cemented his power by bribing Kazakh leaders with $84 million that Amoco Corp., Mobil Oil Co., Phillips Petroleum Co. and Texaco Inc. paid to win access to Kazakh fields. In January, Giffen goes on trial in federal district court in New York in one of the largest overseas criminal bribery cases ever.
Read MoreCNN interviews Pratap Chatterjee of CorpWatch about shareholder activism on the left and on the right.
Read MoreWhen individuals sue major corporations, the odds are stacked against them. One woman's fight against an insurance giant details those odds and what it takes to beat them.
Read MoreIt looks as if history will judge Mahathir to have been the wiser of the two owls. The U.S. military is enmeshed in a vicious insurgency and there may be no way out - except, in fact, to get out, outright.
Read MoreBritish officials are seriously concerned about the level of corruption in the Iraqi defense ministry, after the embezzlement of vast amounts of money earmarked for the country's security forces.
Officials from the British Ministry of Defense had already warned US and Iraqi authorities against the squandering of money -- and have been proved right, on a catastrophic scale.
Retention of key combat personnel is being eroded by far better money offers from federally hired "private security companies" -- as their executives insist they be called. Once on board and back in the private sector of dangerous military operations in Iraq, these highly trained fighters and specialists can make up to a quarter of a million dollars or more (most of it tax-free) in a year's worth of salary -- certainly better than Army pay.
Read MoreCOUNTS of massive corruption within governments weave their way through almost every nation. Yet, the accusations surrounding President Kufuor's involvement in the 'Hotel Scandal' seems negligible and overhand when compared to past and ongoing corruption scandals hitting the headlines elsewhere. It seems a bit of underhand dealing comes with the job. The question arises however, of where does one draw the line?
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