Law & Regulation
David Tepper, the founder of New Jersey-based Appaloosa Management, was the world's highest earning hedge fund manager for the second year in a row, according to the Rich List published earlier this month. Tepper earned $3.5 billion in 2012, a major increase on his $2.2 billion take home income in 2012.
Europe seems set for US-style controls on lobbying after the biggest public affairs companies in Brussels ruled out voluntary regulation because they would have to divulge their clients and fees.
A new advocacy group closely tied to Monsanto has started a counteroffensive to stop the proliferation of milk that comes from cows that aren't treated with synthetic bovine growth hormone.
For nearly six years Ramatex Textile and Garment Factory barred government regulators from entering industrial premises leased from the City of Windhoek. Ramatex came to Namibia in 2001, lured by the newly implemented African Growth and Opportunity Act (AGOA). Evidence of environmental violations finally emerged after the company absconded.
Three British bankers may be extradited to the United States to face Enron-related fraud charges, the High Court ruled on Tuesday in a ruling that was the first test case of laws introduced to speed the transfer of suspected terrorists.
Introduction to a new CorpWatch report that shines a light on the role of six major banks in Greece, Ireland and Spain in the EuroZone crisis. "The EuroZone Profiteers" profiles Commerzbank, Depfa and Westdeutsche Landesbank from Germany; CrÃ©dit Agricole and SociÃ©tÃ© GÃ©nÃ©rale from France; together with Dexia - a Franco-Belgian financial institution.
Kazakhstan has warned ArcelorMittal, the world's biggest steel company, that it could be forced to close one of its coal mines if it does not improve safety following an explosion last month that killed 30 people.
The Securities and Exchange Commission Friday charged Goldman Sachs & Co. and one of its executives with fraud in a risky offshore deal backed by subprime mortgages that cost investors more than $1 billion.
Electronic Voting Machines Add Uncertainty to Close Election Race Across the U.S., dozens of election commissions, county clerks and voting registrars are scrambling to maintain public confidence in an election system shaken by the Florida 2000 debacle and challenged by security flaws in hi-tech electronic solutions. In the swing states, where the presidential election is expected to be close, 14 of 20 states will be experimenting with untested technology.
The Obama administration began Friday to publicly chastise BP America for its handling of the spreading oil gusher in the Gulf of Mexico. Officials initially seemed to underestimate the threat of a leak, just as BP did last year when it told the government such an event was highly unlikely.