Money & Politics
In a major shift of policy, the Justice Department, once known for taking down giant corporations, including the accounting firm Arthur Andersen, has put off prosecuting more than 50 companies suspected of wrongdoing over the last three years.
A former defense contractor was convicted by a San Diego court on Monday of bribing a jailed US lawmaker with 700,000 dollars in cash, gifts and prostitutes.
Violence in Kashmir and nuclear proliferation are dominating the mainstream headlines on President Clinton's trip to South Asia. And while security issues are clearly on the agenda in Clinton's meetings with Indian Prime Minister Atal Behari Vajpayee, the press is ignoring an equally significant part of the trip: trade.
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.
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.
While the Bush administration was drafting its national energy policy, a leading lobbyist for Enron Corp. was plotting strategy to turn the plan into a political weapon against Democrats, according to a newly obtained memo.
Former EPA Administrator William Reilly testified on Tuesday that a top Gore aide encouraged him to issue a trial-burn permit for the WTI incinerator located in East Liverpool -- despite Gore's promises not to before the people of the Ohio River Valley.