Chemicals & Manufacturing
As foreign buyers descend upon the United States, capturing widening swaths of the industrial landscape and putting millions of Americans to work for new owners, these two cities offer sharply competing narratives for a nation still uneasy about being on the selling end of the global economy.
Representatives of some 280 indigenous nations have joined a protest on the Standing Rock Sioux reservation in North Dakota to oppose the construction of an oil pipeline by Energy Transfer Partners. If completed, the Dakota Access Pipeline is expected to help move 570,000 barrels of crude daily to Illinois.
After Nike's recent disclosure of the names and locations of 705 independent contract factories in its network, a plant visit reveals significant improvements since the 1990s.
The second article in our series on Global Compact companies focuses on Nike. This article, based on ''Still Waiting for Nike to Do It,'' a recent report published by Global Exchange in San Francisco, finds that Nike continually fails to uphold ''freedom of association and the effective recognition of the right to collective bargaining,'' which is Principle 3 of the Global Compact. Nike made a commitment to respect this right in 1997 when it signed the Fair Labor Association voluntary workplace code of conduct along with other giant shoe and garment manufacturers like Reebok, Adidas, Liz Claiborne and Patagonia. This article covers the period since 1997.
Thousands of steelworkers on Saturday joined striking miners of an Arcelor Mittal-owned metal and mining complex in Kazakhstan, in an escalating standoff with the international steel giant over wages.
TORONTO, Ontario, Canada -- Canada's largest food distributor has made a public commitment to stop marketing chemical pesticides by next spring. Loblaw Companies Limited announced today that it will no longer sell chemical pesticides in all of its 440 garden centers across Canada by 2003.
Millard ''Mickey'' Drexler, Gap's chief executive, on Tuesday admitted that the company had ''misread fashion tea leaves'' and violated its own principle of ''keeping things simple'' in making a series of fashion mistakes that led to its reporting a $34m loss.
Companies found guilty of anti-competitive practices will face multibillion euro fines or more than 10 times the current tariffs for abusing their monopoly and taking part in cartels under draconian new competition guidelines adopted by the European Commission today.
Indonesia's economy is riding the recent wave of high global commodity prices. But local pressure is arising towards steel makers and power producers in China and India who have diverted coal supplies abroad by locking in 20-year supply contracts with Indonesian miners.