Law & Regulation
Traffic International, a Brazilian sports media company, has been named as the source of at least $60 million in bribes paid to FÃ©dÃ©ration Internationale de Football Association (FIFA) officials, the organizers of the World Cup football tournament, to obtain media and marketing rights to international games.
Two small utilities are set to pay more than $50 million to Enron for electricity that they agreed to buy but that Enron will never deliver, under terms of a settlement that raises larger issues.
Swedish Match AB and Philip Morris International Inc. announced a joint venture Tuesday to market smokeless tobacco world-wide. The venture combines a world-wide giant in smokeless, Swedish Match, with the world's second-largest purveyor of cigarettes, PMI, an Altria Inc. spinoff.
A Defense Department auditor, appearing before the Commission on Wartime Contracting in Iraq and Afghanistan, testified Tuesday that DynCorp International billed the government $50 million more than the amount specified in a contract to provide dining facilities and living quarters for military personnel in Kuwait.
A coalition of national and community environmental groups has sued the U.S. Environmental Protection Agency to overturn a new rule that allegedly allows refineries and other industrial plants to emit higher levels of noxious chemicals when starting up, shutting down and experiencing equipment malfunctions, without informing area residents.
Ten of the world's most powerful oil, gas and mining companies own a staggering 6,038 subsidiaries with over a third located in 'secrecy jurisdictions'.
The U.S. Congress saw no progresses toward corporate accountability and reining in corporate influence over public institutions in 2013, according to the newly released Corporate Accountability Coalition (CAC) Congressional Report Card.
During the heyday of the credit bubble, they were the financiers who earned huge bonuses for creating, trading and investing other people's money in those complex securities that resulted in trillions of dollars in losses and brought global financial markets to their knees. Now they're out there again hustling for investors and hoping to make another score buying and trading the same securities.
According to reports, Oxfam said that Starbucks asked the National Coffee Association (NCA) to block Ethiopia's bid to trademark two types of coffee bean in the US. The move would have given farmers a greater share of profits, it claims.