Chemicals & Manufacturing
In a rare inside look at the auditing firms that inspect overseas factories to see whether they are sweatshops, an M.I.T. professor contends that the world's largest factory-monitoring firm does a shoddy job and overlooks many safety and wage violations.
Schlumberger Technology Corporation, headquartered in Texas, has agreed to pay $11.8 million to federal and state agencies for damge to natural resources caused by the presence of polychlorinated biphenyls (PCB's) in the Twelvemile Creek, Lake Hartwell and surrounding areas, the Justice Department has announced.
Firestone, a U.S. tire company, paid out millions of dollars to Charles Taylor, a Liberian warlord in the 1990s, despite knowing about his brutal human rights record, according to documents uncovered by ProPublica, an investigative journalism website. Taylor is now serving a 50 year prison sentence for war crimes.
European Union officials told leading automakers to make deep cuts in tailpipe emissions of the cars they produce or face fines that could reach billions of euros. Companies including Volkswagen and Renault immediately promised a fight to weaken the proposed legislation.
Oxy is Occidental Petroleum, the California-based company that pulled a fortune from this rain forest from 1972 to 2000. It is also the company that Maynas and other Achuar leaders now blame for wreaking environmental havoc -- and leaving many of the people here ill.
The parents of a U.S. peace activist who was crushed to death by an Israeli bulldozer built by the global machinery giant Caterpillar confronted the company Wednesday for the first time and urged shareholders at its annual meeting to end sales of "weaponised bulldozers to Israel".