Property, Tourism & Transportation
Rio Tinto has been named as early front-runner for the Greenwash Gold award for the worst Olympic sponsor, with BP in second place and Dow Chemical third. The three corporations have paid millions to stick their names all over Olympic promotional material and activities.
The sale of the Serbian brewery, Beogradska Industrija Piva, seen by some as a key step in economic reform, is being fought by the family that lost the firm when it was seized by communists.
Thirteen Czech environmental groups sent a letter to Ford Motor Company today demanding that it stop placement of a manufacturing plant on prime agricultural land in the Czech Republic. Ford is founder and 25 percent owner of NEMAK Co., which recently broke ground on the facility with an expected annual output of 1,600,000 engine heads.
SACRAMENTO, Calif. -- AOL Time Warner Inc. and Cendant Corp. were among 16 companies that contributed to the financial collapse of online real estate firm Homestore.com, a California retirement fund has alleged in a lawsuit.
Blackstone Group, a major private equity firm, has bought up 200,000 houses in cities hardest hit by the economic meltdown. They hope to profit by renting homes to poor people and securitizing the cash flow - the very plan that caused the crisis in the first place.
Topping the federal government's list of costs related to Hurricane Katrina is the $568 million in contracts for debris removal landed by a Florida company with ties to Mississippi's Republican governor. Near the bottom is an $89.95 bill for a pair of brown steel-toe shoes bought by an Environmental Protection Agency worker in Baton Rouge, La.
The fed is looking into contracts for evacuation of New Orleans awarded to the FAA and a transportation company with ties to Bush. Did the agency and the company do anything at all post-Katrina?
On April 3, 1997, six prisoners were roasted alive when the privately-operated van that was transporting them to Florida caught fire on I-40 near Dickson, Tennessee. Both of the guards in the van escaped serious injury.
Activists say fines paid by Volkswagen to settle the "Dieselgate" scandal should be paid into a fund to help vulnerable populations like school children and low income communities, as punishment for installing software in some 11 million vehicles to enable the cars to cheat on emissions tests.