Money & Politics
While Democrats will be partying all across Tinseltown this week, these events go far beyond typical convention-week soirees. Each is aimed at the Democrat who would take over a key committee if the party managed to regain control of Congress in the November elections.
Victims of Colombia's civil conflict sued the banana importer Chiquita Brands International yesterday, accusing it of making payments to a paramilitary group responsible for thousands of killings.
In order to influence the new laws that encompass the 25 countries of the European Union, now the world's largest single economy, some 15,000 lobbyists have flocked to Brussels, its political heart. The public relations firm Burson-Mastellar is one of the most active among them.
Few industries campaigned harder than pharmaceutical manufacturers to elect Republicans to the new Congress, and few industries are better positioned to reap the rewards of the election returns, analysts said Thursday.
U.S. corporate CEO salaries rose 16 percent in 2012, according to research firm Equilar. Average daily CEO pay is now greater than that of the average annual worker salary. Top salary: Larry Ellison of Oracle - over $96 million. Top exit bonus: James Mulva of ConocoPhillips - $156 million.
Disks containing what appears to be software code used in Maryland's touchscreen voting machines in 2004 were delivered anonymously to a former state legislator, raising fresh concerns about the reliability of the voting system.
This week, a Moscow court will issue a verdict in the tax fraud trial of billionaire Mikhail Khodorkovsky. While some critics argue that the charges are politically motivated, others question his innocence in the eyes of the West.
Efforts by defense contractor KBR to repair hurricane-damaged Navy facilities were deemed shoddy and substandard, and one technical adviser alleged that the federal government "certainly paid twice" for many KBR projects because of "design and workmanship deficiencies," the Pentagon's inspector general reported in an audit released yesterday.
Executives from three major Spanish construction companies are in the limelight for allegedly contributing to a slush fund for the Partido Popular, the Spanish ruling party: Fomento de Construcciones y Contratas from Barcelona, ObrascÃ³n Huarte Lain and Sacyr Vallehermoso from Madrid. The scandal has rocked the conservative government of Mariano Rajoy.