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CorpWatch Exclusives

Uruguay Presents Defense Against Philip Morris Tobacco Lawsuit
by Richard SmallteacherCorpWatch Blog
November 10th, 2014
Uruguay has presented a 500 page document to defend itself against an international lawsuit challenging the country's tough tobacco packaging regulations. The claim was brought by Philip Morris, the global tobacco giant, at the World Bank's International Centre for Settlement of Investment Disputes (ICSID) in Washington DC.

New European Commission Marred By Corporate Conflicts of Interest
by Pratap ChatterjeeCorpWatch Blog
November 2nd, 2014
The newly elected president of the European Commission and his cabinet - who together form the central executive body for the 28 member states of the European Union - have deep ties with powerful corporate interests that make them poor choices to support citizen rights, say critics.

Argentina Loses Court Appeal Against “Vulture” Fund Manager Paul Singer
by Pratap ChatterjeeCorpWatch Blog
June 20th, 2014
Paul Singer, the billionaire hedge fund manager, has claimed victory in a lawsuit to force Argentina to fork out almost 17 times more than he paid to buy bonds issued by the country.

U.S. Congress Did Less for Corporate Accountability in 2013
by Corporate Accountability Coalition
June 4th, 2014
The U.S. Congress saw no progresses toward corporate accountability and reining in corporate influence over public institutions in 2013, according to the newly released Corporate Accountability Coalition (CAC) Congressional Report Card.

Toyota May Pay $1 Billion To Settle Unintentional Accelerations Claims
by Richard SmallteacherCorpWatch Blog
February 17th, 2014
Toyota is expected to announce a billion dollar settlement with the U.S. government for failing to disclose complaints by drivers that its cars were accelerating unintentionally. News of the negotiations were reported by the Wall Street Journal.

Anglo Irish Bankers On Trial For Scheme That Led to National Collapse
by Pratap ChatterjeeCorpWatch Blog
February 12th, 2014
Three top executives at Anglo Irish bank are on trial for a secret scheme to buy their own bank’s shares that eventually triggered the 2008 collapse of the Irish economy. The bankers allegedly hatched the plan to cover up bets made by Sean Quinn, once Ireland’s richest man.

Ranbaxy Pays $500 Million Fine for Selling Bad Batches of Generic Medicines
by Pratap ChatterjeeCorpWatch Blog
May 14th, 2013
Ranbaxy, a subsidiary of Japanese pharmaceutical company Daiichi Sankyo, has paid a $500 million fine and pled guilty to selling adulterated drugs manufactured in India. The settlement comes 16 months after the company signed an agreement with U.S. authorities to change its ways.

Neither Admit Nor Deny: Big Business Allowed To Pay Millions to Avoid Jail
by Pratap ChatterjeeCorpWatch Blog
May 5th, 2013
Record fines adding up to $36 billion have been paid out in the last 12 years by multinational corporations to the U.S. government to settle charges of corruption and fraud. But are they getting away with a slap on the wrist to avoid prosecution for major crimes?

Monsanto Bullies Small Farmers Over Planting Harvested GMO Seeds
by Puck LoCorpWatch Blog
March 24th, 2013
Does Monsanto own all future generations of genetically modified seeds that it sells? The Missouri-based agribusiness giant wants farmers to pay a royalty to plant any seed that descended from a patented original. The legal decision has ramifications for other patented "inventions" that reproduce themselves like strands of DNA.

Starbucks: Espresso for Investors, Watery Americano in UK Taxes
by Pratap ChatterjeeCorpWatch Blog
October 26th, 2012
Starbucks, the Seattle-based international coffee chain, has been accused of tax avoidance in the UK. Between 1998 and 2011 the company has made £3 billion in sales but paid out just £8.6 million in taxes on sales from its 735 stores in the country.

Seven Irish Banks Investigated for Insurance Scam
by Pratap ChatterjeeCorpWatch Blog
October 8th, 2012
Seven Irish banks are being investigated by the Central Bank of Ireland for selling consumers insurance policies that they did not need. Tens of thousands of Irish consumers could get as much as €3,000 ($3,900) each in refunds.

Fake Drug Plague or Pharmaceutical Industry Attack on Generics?
by Pratap ChatterjeeCorpWatch Blog
June 13th, 2012
Are Africa and South East Asia just suffering from a deluge of fake medicines that is causing disease resistance to rise? Or are they also suffering from a deluge of poorly informed media articles, encouraged by the pharmaceutical industry that wants to make war on generic drugs?

Unsticking Food Lobbyists in Europe
by Pratap ChatterjeeCorpWatch Blog
March 6th, 2012
The European Food Safety Authority has approved new rules that will ban industry experts from serving on EFSA scientific panels related to their work. Corporate Europe Observatory says the rules are still not strong enough

The True Cost of Chevron: An Alternative Annual Report
by Antonia JuhaszTrue Cost of Chevron
May 25th, 2010
Chevron's 2009 Annual Report celebrates 130 years of Chevron operations. We, the communities and our allies who bear the consequences of Chevron's offshore drilling rigs, oil and natural gas production, coal fields, refineries, depots, pipelines, exploration, chemical plants, political control, consumer abuse, false promises, and much more, have a very different account to offer.

BP: Beyond Petroleum or Beyond Preposterous? (2000)
by Kenny Bruno
May 12th, 2010
In 2000 British Petroleum launched an expensive ad campaign, re-branding its corporate image into the eco-friendly "BP: Beyond Petroleum.” We said it then. When a company spends more on advertising its environmental friendliness than on environmental actions, that's greenwash. Three long weeks into the BP oil disaster roiling the Gulf of Mexico, CorpWatch's December 2000 skewering of its new image sadly, bears repeating.

Afghanistan, Inc.: A CorpWatch Investigative Report (2006)
by Fariba NawaSpecial to CorpWatch
April 30th, 2010
The recent boom in humanitarian aid has an underbelly largely invisible to charity sector outsiders. “Easy money: the great aid scam," packs a biting critique (Linda Polman, The Sunday Times Online, April 25). In 2006, CorpWatch’s "Afghanistan, Inc.", cited by Polman, drilled down on reconstruction dollars, in what’s become known as “Afghaniscam.” We bring our report to you again.

Mission Essential, Translators Expendable
by Pratap ChatterjeeSpecial to CorpWatch
August 11th, 2009
Ohio-based Mission Essential Personnel supplies over 2,000 translators to the Pentagon in Afghanistan, who play a critical role in protecting local and military lives. These interpreters are a key communications link. But if they are wounded or killed, they are often left to fend for themselves. This special features video of CorpWatch interviews with three Afghan whistleblowers, recorded in country in April. Click through to hear their story.

Obama's Tax Haven Reform: Chump Change
by Charlie CraySpecial to CorpWatch
June 15th, 2009
In early May, the Obama administration announced plans to eliminate the advantages that multinationals have over domestic corporations as to the tax treatment of reinvested profits. K Street corporate lobbyists haven’t squealed so loudly since they lost their three martini lunches. The uproar draws attention away from the fact that U.S. multinationals enjoy an effective tax rate of just 2.4 percent on billions of dollars in foreign active earnings.

CorpWatch announces release of the CrocTail application and open CorpWatch API
June 8th, 2009
CorpWatch, with support from the Sunlight Foundation, announces release of the CrocTail application and open CorpWatch API. CrocTail provides an interface for browsing information about U.S. publicly traded corporations and their many foreign and domestic subsidiaries. CrocTail also serves as a demonstration of the features and data available through the CorpWatch API.

Goa Cursed By Its Mineral Wealth
by Emily BildSpecial to CorpWatch
April 23rd, 2009
Set on India's west coast, Goa is renowned as a beach paradise popular with Indian and foreign tourists alike. Just a few miles inland from the quaint restaurants and the pristine waves lapping the silver shores of India's smallest state, iron-ore mining is destroying the environment, say activists and locals.

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