Money & Politics

The world of global accounting is girding up for a trans-Atlantic battle.
Volkswagen, the German car maker, bowed to public pressure yesterday, saying it would abolish its controversial practice of paying salaries to employees who leave work for full-time politics.
The federal Minerals Management Service gave permission to BP and dozens of other oil companies to drill in the Gulf of Mexico without first getting required permits from another agency that assesses threats to endangered species - and despite strong warnings from that agency about the impact the drilling was likely to have on the gulf.
This profile of Westdeutsche Landesbank is from CorpWatch's EuroZone Profiteers report which investigates the role of six major banks in Greece, Ireland and Spain during the EuroZone crisis. Loans from these banks helped fuel the credit boom that left the countries deep in debt.
The law firm that helped win $7.2 billion in settlements for Enron investors is seeking nearly $700 million in legal fees for itself and other attorneys who handled the case, according to court documents.
Two more Putnam County voters - Martha Louise Harrington and Michael K. Koon - have come forward about problems they experienced on early-voting electronic machines at the Winfield courthouse.
A Texas based oil conglomerate and four of its employees were indicted last week on 97 counts of violating federal clean air and hazardous waste laws. The charges come less than one year after the company was slapped with the largest civil penalty ever levied under federal environmental statutes.
The European Union's secretive decision-making processes were condemned on Thursday in a legal judgment that should lead to more light being shed on how thousands of regulations affecting businesses are hatched.
Some 15,000 lobbyists work in Brussels where they meet secretly with European Union officials to try and influence the rules that govern the 27 countries that together form the world's most powerful economic bloc. New guidelines will attempt to make this lobbying more public and reveal conflicts of interest.
France has a long history of uprisings, but the latest social group to rebel was not previously k