Latest Articles

Published by New York Times | By Ian Urbina | Wednesday, August 13, 2008

West Virginia Governor Joe Manchin III filed a friend-of-the-court brief in June, arguing the State Supreme Court should review a $382 million judgment against DuPont. The case involves thousands of residents in the area of a DuPont-operated zinc-smelting plant, and the largest civil penalty ever levied against the company, for the dumping of toxic arsenic, cadmium and lead at the plant.

Read More
Published by Special to CorpWatch | By Shay Totten | Monday, August 4, 2008

Entergy Nuclear (part of the broader Entergy energy family) is spinning off its northeastern U.S.-based nuclear power plants into a related limited liability corporation, Enexus. Stakeholders in Vermont, home of the Yankee Nuclear power plant, are less than happy, with Entergy also reneging on prior commitments to cover eventual plant decommissioning costs, potentially stranding taxpayers with much of the bill.

Read More
Published by The Wall Street Journal | By ELLEN E. SCHULTZ and THEO FRANCIS | Monday, August 4, 2008

In recent years, companies from Intel Corp. to CenturyTel Inc. collectively have moved hundreds of millions of dollars of obligations for executive benefits into rank-and-file pension plans. This lets companies capture tax breaks intended for pensions of regular workers and use them to pay for executives' supplemental benefits and compensation.

Read More
Published by Financial Times/UK | By Christopher Thompson and Michael Peel | Thursday, July 31, 2008

According to documents seen by the Financial Times, BAE Systems has been linked to Zimbabwean arms trader John Bredenkamp. BAE reportedly paid at least £20m to Bredenkamp via offshore entities in the British Virgin Islands between 2003 and 2005. The payments raise fresh questions about bribery in BAE's dealings.

Read More
Published by Wall Street Journal | By AMY SCHATZ | Monday, July 28, 2008

The Federal Communications Commission will rule that the cable giant violated federal policy by deliberately preventing some customers from sharing videos online via file-sharing services like BitTorrent, agency officials said. The company has acknowledged it slowed some traffic, but said it was necessary to prevent a few heavy users from overburdening its network.

Read More
Published by The New York Times | By SHAILA DEWAN | Saturday, July 26, 2008

Imperial Sugar, the owner of a refinery near Savannah where 13 workers died in a sugar dust explosion in February, knew of safety hazards at the plant as early as 2002 but did nothing, and should pay more than $8.7 million for safety violations, the head of the federal Occupational Safety and Health Administration said Friday.

Read More
* indicates required