Search

Prime Minister Calin Popescu Tariceanu warned the American company Bechtel that the contract for the Brasov - Bors (Transylvania) highway could be annulled if the company does not follow the laws to the letter.

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, Obrascón Huarte Lain and Sacyr Vallehermoso from Madrid. The scandal has rocked the conservative government of Mariano Rajoy.

Maya Indian Eligorio Sho will join Canadian environmentalists in Newfoundland this week to urge Fortis shareholders to scrap their company's plans for a hydro scheme that would flood Belize's Macal River Valley.

A Kurdish human rights lawyer is spearheading an international campaign to block the Turkish government's efforts to build a dam he says will dislodge thousands of Kurds and destroy archeological artifacts.

Citing "environmental disruption and corruption" in a letter to the government of Kenya, Japan's Foreign Minister Makiko Tanaka indicated that suspension of funding for the Sondu Miriu hydropower dam project was ''a response to criticism from environmental campaigners and differences between Kenya and Japan over further funding.''

Bank of America leads the list of companies that have paid over $1 billion in penalties and fines to the U.S. government in the last six years. Violation Tracker, a new corporate misconduct database maintained by Good Jobs First, estimates that the North Carolina bank has paid $56 billion.

I cast the vote that dare not speak its name: so shoot me, I voted Nader. But my shame is not in electing George W. I'm more nagged by an unflattering parallel between Nader's campaign and the 1988 run for President by that Bible-banging, sticky-fingered televangelist Pat Robertson.

The newly elected president of the European Commission and his cabinet - who together form the central executive body for the 28 member states of the European Union - have deep ties with powerful corporate interests that make them poor choices to support citizen rights, say critics.

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.

The Internal Revenue Service is demanding that hedge-fund and private-equity investors disclose hundreds of billions of dollars they have invested offshore, boosting scrutiny of accounts popular for tax advantages.

As the Federal Reserve and
Treasury Department careen from one financial meltdown to another,
desperately trying to hold together the financial system -- and with
it, the U.S. and global economy -- there are few voices denying that
Wall Street has suffered from "excesses" over the past several years.

Multinational industries like tobacco and alcohol have responded to increased global public pressure for accountability around corporate operations by creating Voluntary Codes of Conduct to self-regulate their behavior. But how are the results measuring up?

In the last two years, Robert K. Steel has been co-chairman of one commission that claimed heavy-handed regulation was stanching financial innovation and another that argued that hedge funds could police themselves.

It all comes down to Florida. Despite winning the popular vote by an estimated 220,000 votes, Democratic candidate Vice President Al Gore may yet lose the presidential election, based on a handful of absentee ballots in Florida and the turnout of Green Party voters.