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WEBJul 15, 2011 · Published by CorpWatch | By Aimee Swaine | Monday, June 24, 2024. A proposed US$2.5 billion open-pit copper and iron mining complex, under development by Andes Iron, that would have threatened Humboldt penguins and other marine species, has been denied permission to proceed after a years-long legal battle fought by local communities and ...
Forgiving Siemens: Unraveling a Tangled Tale of German …
WEBJun 11, 2012 · In April 2006, Prodromos Mavridis, the head of the telecommunications' department of Siemens Greece suddenly left the company after 18 years of work, without any public explanation after receiving a € 300,000 payoff from the company. In November of that year, lawyers for Siemens sued Mavridis in Greek courts accusing him of …
US: Ex-Boeing Finance Chief Gets Four Months in Prison
WEBFormer Boeing Co. Chief Financial Officer Michael Sears was sentenced to four months in prison for deceiving the government by offering a job to a Pentagon official as they negotiated a $23 billion defense contract. Sears, 57, also was ordered by a judge in Alexandria, Virginia, to pay a $250,000 fine and perform 200 hours of community service.
Takata Fined $1 Billion For Hiding Information on Exploding
WEBJan 20, 2017 · Takata, the Japanese auto parts maker, will pay a $1 billion fine to the U.S. government after pleading guilty to hiding information about the likelihood that the company’s car air bags could accidentally explode. Takata air bags have been linked to at least 17 deaths around the world. Air bags use chemicals that are designed to help them inflate quickly in the event of sudden impact to ...
Cheney, Halliburton and the Spoils of War | corpwatch
WEBApr 4, 2003 · Cheney, who served as CEO from 1995 to 2000, continues to receive as much as $1 million a year in deferred compensation as Halliburton executives enjoy a seat at the table during Administration discussions over how to handle post-war oil production in Iraq. The Cheney-Halliburton story is the classic military-industrial revolving door tale.
EU: Boycott of American Goods Over Iraq War Gains Momentum
WEBMar 25, 2003 · The German restaurant boycotts of American products started small but spread rapidly after the Iraq war began on Thursday. The conflict has struck a raw nerve in a country that became decidedly anti-war after the devastation of World War II, which it initiated. "If people all around the world boycott American products it might influence their ...
Ford & the Nazi War Efforts - CorpWatch
WEBNov 1, 1998 · In Germany, for example, General Motors and Ford became an integral part of the Nazi war efforts. GM's plants in Germany built thousands of bomber and jet fighter propulsion systems for the Luftwaffe at the same time that its American plants produced aircraft engines for the U.S. Army Air Corps.... Ford was also active in …
H&M Responds Slowly to Bangladesh Factory Collapse Killing 1,100
WEBMay 19, 2013 · The announcement came weeks after Rana Plaza, a building that housed five garment factories, collapsed in Bangladesh last month leaving over 1,100 dead. While H&M was not among the many international buyers that were found to have contracts with the factories, the disaster sparked an activist campaign that put an …
IRAQ: Private contractors outnumber U.S. troops in Iraq
WEBJul 4, 2007 · The number of private security contractors in Iraq remains unclear, despite Central Command's latest census. The Times identified 21 security companies in the Central Command database, deploying 10,800 men. However, the Defense Department's Motsek, who monitors contractors, said the Pentagon estimated the total was 6,000.
US: 10 Enron Players: Where They Landed After the Fall
WEBJan 29, 2006 · KENNETH L. LAY and his second in command, Jeffrey K. Skilling, were the public faces of Enron, painting a rosy picture of strong profits and healthy businesses. But as the facts began to tumble out, in the fall of 2001, the company swiftly collapsed, taking with it the fortunes and retirement savings of thousands of employees.
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