Business

Walmart Accepted Clothing from Banned Bangladesh Factories

Walmart Accepted Clothing from Banned Bangladesh Factories
The world's largest retailer, Walmart, last month released a list of more than 200 factories it said it had barred from producing its merchandise because of serious or repeated safety problems, labor violations or unauthorized subcontracting. But at least two of the factories on the list have continued to send massive shipments of sports bras and girls' dresses to Walmart stores in recent months, according to interviews and U.S. customs records.
origin Author: 
origin Blog: 

World Wide Renewable Energy Capacity Now Equivalent to 1,500 Nuclear Reactors

World Wide Renewable Energy Capacity Now Equivalent to 1,500 Nuclear Reactors
Global energy-generating capacity from renewable sources rose by 115 gigawatts in 2012, compared with 105 gigawatts the previous year, which is great news for both consumers and the environment. The bad news for American workers? China is leading the way.
origin Author: 
The AP
origin Blog: 

Economic Meltdown: Nuclear Plants Closing in Favor of Natural Gas

Economic Meltdown: Nuclear Plants Closing in Favor of Natural Gas
Around the country, nuclear power plants are shuttering their doors as the cost of regulations and repairs skyrocket. For major utility corporations, natural gas is a cheaper alternative.
origin Author: 
The AP
origin Blog: 

Newark Picks Shop-Rite over Walmart as Wally World Protests Grow

Newark Picks Shop-Rite over Walmart as Wally World Protests Grow
Brick City is getting itself a nice new shopping center and everyone is a little relieved that it's not Walmart.
origin Author: 
origin Blog: 

Will FBI Nominee James Comey Make Investigating Financial Fraud A Priority?

Will FBI Nominee James Comey Make Investigating Financial Fraud A Priority?
News broke last week that President Obama will be nominating former Bush Deputy Attorney General to head the Federal Bureau of Investigation (FBI). Comey’s nomination has stirred a debate about civil liberties and the surveillance state, but one issue that has not arisen is what he plans to do about the bureau’s approach to financial fraud.
origin Author: 
origin Blog: 

American FAILout: Pulitzer Winner Laments the Fact That Banks Are Still Too Big

American FAILout: Pulitzer Winner Laments the Fact That Banks Are Still Too Big
Pulitzer-Prize-winning New York Times columnist Gretchen Morgenson tells Bill Moyers that, five years after the country's economic near-collapse, banks are still too big to fail, too big to manage, and too big to trust. Watch the video above and stare slack jawed at the audacity of these mega-companies that Morgenson points out below.
origin Author: 
origin Blog: 

Congress Too Lazy to Write Bill, Copies Citigroup's Instead

Congress Too Lazy to Write Bill, Copies Citigroup's Instead
When five mega-companies control 90-percent of a $700 trillion market, it's safe to say that they can afford some pretty good lobbyists in Washington. According to a report from Mother Jones released on Friday, however, Citigroup's influence on Capitol Hill is so strong that the House financial services committee passed legislation that was practically plagiarized from a proposal drafted by the bank's lobbyists.
origin Author: 
Brandon Perkins
origin Blog: 

Verizon (and Google) Helped U.S. Government to Spy on Reporters

Verizon (and Google) Helped U.S. Government to Spy on Reporters
Technology companies willingly provided information to U.S. government agencies to help the Obama administration snoop on reporters from the Associated Press (AP) and Fox news in order to ostensibly crack down on leaks that pose a “threat” to national security.
origin Author: 
origin Blog: 

From Label to Table: USDA's Enhanced Meat Packaging Info Goes Into Effect Against Beef and Grocery Lobby Wishes

From Label to Table: USDA's Enhanced Meat Packaging Info Goes Into Effect Against Beef and Grocery Lobby Wishes
Shoppers in the U.S. will soon have more information about where their meat comes from after new federal labeling rules went into effect Thursday. "Consumers want and have the right to know where their food comes from," the National Farmers Union says.
origin Author: 
M.L. Johnson
origin Blog: 

Undertaxed Apple Looks for More Tax Savings

Undertaxed Apple Looks for More Tax Savings
Apple has avoided billions and billions of dollars in taxes they owe to the country by setting up foreign subsidiaries in tax-haven countries, all while moving jobs and profit centers out of the country. Now they want a special tax break to reward them for doing that.
origin Author: 
origin Blog: 

Pages