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Business NewsThe Culture of CapitalismTuesday, May 13th, 2008 By Jonathan Rutherford | We are living through an age of transition. The new co-exists with the old. We can identify political, economic and cultural elements of this change, but we do not yet have a way of describing the kind of society we are living in. The great explanatory frameworks of political economy and sociology inherited from the industrial ...
Blackwater back to IraqMonday, May 12th, 2008 Outrage over the killings prompted the Iraqi government to demand Blackwater's ouster from the country. But after an intense public and private lobbying campaign, Blackwater appears to be back to business as usual.
The State Department has just renewed its contract to provide security for US diplomats in Iraq for at least another year.
Threats by the Iraqi government to strip Western contractors of ...
The Lucrative Art of WarMonday, May 12th, 2008 New York Times | Congress is finally moving to shut one of the more egregious forms of Iraq war profiteering: defense contractors using offshore shell companies to avoid paying their fair share of payroll taxes. The practice is widespread and Congressional investigators have been dispatched to one of the prime tax refuges, the Cayman Islands, to seek a firsthand ...
Will the Mortgage Industry Pay for Its Crimes?Friday, May 9th, 2008 By Danny Schechter | There is a time in the life of every writer when you find yourself fearing that you have become a robo call phone machine -- repeating the same message over and over and with diminishing results.
That's how I felt after 8 months of silence after labeling the credit crisis a "subcrime" scandal, ...
The New Whopper: Burger with a Side of SpiesThursday, May 8th, 2008 PR Watch | Author Eric Schlosser editorializes about "the growing threat to civil liberties posed by corporate spying," citing Burger King Corporation's spying on the Student/Farmworker Alliance and the Coalition of Immokalee Workers, through Cara Schaffer and her private security ...
US Oil Major Complicit in Abuses - Rights LobbyWednesday, April 30th, 2008 By Marwaan Macan-Markar - IPS | An environmental group is warning U.S. energy giant Chevron to clean up its act in Burma or face legal proceedings where the multinational’s links to gross human rights violations in the military-ruled country could be exposed.
There has been little relief for villagers living in the Yadana pipeline region in southern Burma since the Chevron Corporation ...
We Must Imagine a Life Without OilWednesday, April 30th, 2008 By Mark Hertsgaard - The Nation | It used to be that only environmentalists and paranoids warned about running out of oil. Not anymore. As climate change did over the past few years, peak oil seems poised to become the next big idea commanding the attention of governments, businesses and citizens the world over. The arrival of $119-a-barrel crude and $4-a-gallon gasoline this ...
Corporate AmericaTuesday, April 29th, 2008 By Chris Hedges | The corporate state is our shadow government. Candidates who aspire to higher office get corporate money if they promote corporate interests. They are shut out of the national debate—look at Dennis Kucinich and Ralph Nader—if they do not. Defy the corporate state and you get handed a ticket to oblivion. You become invisible. Work for it and ...
Top brands in OFT price-fixing probeTuesday, April 29th, 2008 By James Hall and Richard Fletcher | About 100 leading household brands, including PG Tips, Coca-Cola and Aquafresh, are at the centre of an investigation into allegations of price-fixing, The Daily Telegraph can disclose.
They are included on a hit list of grocery products and toiletries drawn up by investigators from the Office of Fair Trading, which runs to five ...
Investigators: Millions in Iraq contracts never finishedMonday, April 28th, 2008 AP | Millions of dollars of lucrative Iraq reconstruction contracts were never finished because of excessive delays, poor performance or other factors, including failed projects that are being falsely described by the U.S. government as complete, federal investigators say.
The audit released Sunday by Stuart Bowen Jr., the special inspector general for Iraq reconstruction, provides the latest snapshot of an uneven reconstruction effort ...
Bush Administration Policies Making Work Less SafeMonday, April 28th, 2008 By Leo W. Gerard | In the heart of Pennsylvania, while the media still relentlessly plagued Senators Obama and Clinton about flag pins and memory lapses just before the primary, a machine at an ArcelorMital plant in Steelton crushed Roger H. Prichard to death. He was 58.
It was April 18, three days before the Pennsylvania primary. It occurred just five ...
The Sick Science Tobacco Companies PursueMonday, April 28th, 2008 By Scott Thill | Those who complain about how the internet or advances in technology haven't done enough to make us smarter or better may not truly remember what life was like before either. For one, digging up any type of public or private information took loads more work, especially when offending parties, from governments ...
Blackwater wants to use N.C. airportFriday, April 25th, 2008 By Connie Sage |
The town is negotiating with Blackwater to allow the private security company to lease space at Northeastern Regional Airport to use for its driver training program. Blackwater would instruct defensive driving techniques on a paved, abandoned runway at the Edenton airport, said Town Manager Anne-Marie Knighton.
The company, headquartered in Moyock, would use the airport to supplement its ...
Is Rice the New Global Currency?Friday, April 25th, 2008 By Otto Spengler |
China is exchanging its depreciating reserves of the greenback for things of value, notably rice, with deadly consequences for U.S. foreign policy. The global food crisis is a monetary phenomenon, an unintended consequence of America's attempt to inflate its way out of a market failure. There are long-term reasons for food prices to rise, but the unprecedented ...
Murdoch to buy New York rivalWednesday, April 23rd, 2008 THE US publishing company Tribune has agreed in principle to sell the New York newspaper Newsday to Rupert Murdoch's News Corp for about $US580 million ($616million).
Under the terms of a deal, Newsday would be part of a joint venture with the New York Post and other News Corp assets, The Wall Street Journal reported.
News Corp would own most of ...
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