Chemicals & Manufacturing
The EPA alleged Wednesday that Northshore, a subsidiary of Cleveland-Cliffs and its former owner, Cyprus Minerals, modified three taconite furnaces at its Silver Bay processing plant without installing the best available pollution control technology.
U.S. imports of sodium thiopental have been banned by a federal judge because of the poor quality of imports. The ruling has struck a serious blow against the death penalty because of the key role the drug plays in lethal injections. Not surprisingly, the state of Texas is furious.
As global commodity prices have plummeted and several of China's partners in Africa have stumbled deeper into chaos, China has backed away from some of its riskiest and most aggressive plans. China has sought to secure minerals in Africa through agreements to build huge projects in exchange for minerals. African governments are now realizing that these deals are loans against future revenue, and falling prices could leave them saddled with debt.
An angry mob gathered around a train station, passing out photocopied flyers and shouting protests against an unjust company. Scrappy stickers were slapped on billboards, directing passers-by to a crudely designed website. The company they were railing against was a frequent target of grassroots activism: Nike. And the group running this guerilla-style anti-advertising campaign? None other than Nike itself.
In its rush to re-create the industrial revolution that made the West rich, China has absorbed most of the major industries that once made the West dirty.
Welcome to the Coke side of life. Africa's planned legal action is just the latest in a litany of alleged human rights and environmental abuses in developing markets that has made Coca-Cola a cause celebre.
According to documents seen by the Financial Times, BAE Systems has been linked to Zimbabwean arms trader John Bredenkamp. BAE reportedly paid at least Â£20m to Bredenkamp via offshore entities in the British Virgin Islands between 2003 and 2005. The payments raise fresh questions about bribery in BAE's dealings.
Workers angered by General Motors' (GM.N) plan to shut down an assembly plant in Portugal will stage protests starting next week at GM factories in Germany and Spain, a labor source told Reuters on Friday.
With companies eager to tout their "green" credentials to consumers, advertising watchdogs are stepping up efforts to rein in marketers that make false or exaggerated claims.
Lei Huang could be a poster child for China's laboring classes. For each 60-hour week he works on an assembly line for Foxconn, a manufacturer of electronics and computer parts in this south China manufacturing hub, he earns $32 and a bunk in a dormitory room with 19 other laborers.