Construction & Megaprojects

Entergy, one of the largest utilities in the U.S., has enjoyed healthy profits since Hurricane Katrina. Yet its New Orleans subsidiary has filed for bankruptcy, and frightened ratepayers with visions of bills bloated to 140% of their pre-storm size. Now the Fortune 500 company is threatening to pull the plug on New Orleans if it doesn't get a $700 million-plus federal bailout it doesn't actually need. Read More

High-ranking officials from the United States as well as Iraq accuse the Danish shipping company Maersk of having taken advantage of the chaos of war in order to grab control of Iraq's oil port. Read More

In what is expected to be the first of a series of criminal charges against officials and contractors overseeing the rebuilding of Iraq, an American has been charged with paying hundreds of thousands of dollars in bribes and kickbacks to American occupation authorities and their spouses to obtain construction contracts, according to a complaint unsealed late yesterday. Read More

Thousands of low-wage Asian laborers are traveling to Iraq to work for U.S. military contractors like First Kuwaiti and Prime Projects International in the hope of sending money home to their families. Trapped and exploited under inhuman conditions, many of them are now fleeing the country to save their lives. Read More