Chemicals & Manufacturing
Former shareholders of Tyco International Ltd., whose former chief executive and chief financial officer were convicted of fraud, have been certified as a class to sue the company and its accounting firm, PricewaterhouseCoopers.
Hong Kong supermarkets have halted some vegetable sales amid a new food scare after pressure group Greenpeace accused grocery chains of selling produce tainted with dangerous levels of pesticides.
Stora Enso - a Swedish paper manufacturing giant - has been blacklisted after investigations into its supply chain in Pakistan showed that the company was knowingly using child labor. In March, AP7, a major Swedish pension fund, sold off its $4.1 million stake in Stora.
Residents and environmental activists are in a bitter dispute with large U.S. energy corporations and the federal government over the safety of nuclear power, as more than a dozen corporations plan to, or have filed, paperwork to open new nuclear power plants, primarily in the U.S. South.
Violations of the Clean Water Act have risen steadily across the nation, an extensive review of water pollution records by The New York Times found. Polluters include small companies, like gas stations, dry cleaners, and shopping malls. They also include large operations, like chemical factories, power plants, sewage treatment centers and one of the biggest zinc smelters, the Horsehead Corporation of Pennsylvania.
Greenpeace has warned of "surprisingly high" levels of arsenic and mercury in the red sludge that burst out of a metals plant reservoir in Hungary, killing six people and devastating the surrounding area.
The case had been settled only minutes ago, and now jurors for Mendoza v. Contico were seated in a room outfitted with movie theater chairs and plugs for devices like VCRs. They were in the ''Ceremonial Court'' in El Paso, where victorious lawyers often hold post-trial press conferences.
CrocTail is an extension of the Crocodyl.org Wiki web site project, an online compendium profiling the accountability and transparency track records of multinational corporations. Developed with support from the Sunlight Foundation, CrocTail users can search the entire subsidiaries database. In this new version, users can click on different years and see how subsidiary relationships for a company have changed over time.
Neighbors of a former IBM plant in New York state sued the company on Thursday, saying it released chemicals into the air, ground and water for nearly 80 years that caused birth defects and cancer.