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Date Fairness.com Resource Read it at:
Jul 21, 2015 The Myth of the Ethical Shopper We're still trying to eliminate sweatshops and child labor by buying right. But that's not how the world works in 2015.

QUOTE: ...for a while there, it worked. The major apparel companies adopted codes of conduct, first banning just the most egregious stuff—workers under 16, forced overtime—then expanding to health and safety, environmental protection and social investment....I spoke with more than 30 company reps, factory auditors and researchers and read dozens of studies describing what has happened in those sweatshops since they became a cultural fixation three decades ago. All these sources led me to the same conclusion: Boycotts have failed. Our clothes are being made in ways that advocacy campaigns can’t affect and in places they can’t reach. So how are we going to stop sweatshops now?

Huffington Post
Mar 05, 2015 Companies Turn Tables on Human Rights Lawyers

QUOTE: mounting difficulties facing a small group of plaintiffs’ lawyers who have carved out a niche suing multinational corporations on charges that they violated human rights overseas. The biggest setback for this kind of litigation came two years ago when the Supreme Court sharply limited the use of an obscure law adopted in 1789, the Alien Tort Statute, to bring international claims in American courts. Meanwhile, a number of controversies involving Mr. Collingsworth and other lawyers have cast a shadow over the field and made it possible for companies to mount counterattacks.

New York Times
May 29, 2014 Why US companies can earn $51 billion in the Cayman Islands even though its GDP is only $3 billion

QUOTE: The foreign subsidiaries of US corporations made $94 billion in Bermuda in 2010, the latest year we have data for. That’s incredible work, since only $6 billion of goods and services were produced on the island that year. What does that tell us? It tells us that something fishy is going on.

Quartz
Nov 15, 2012 Wal-Mart Inquiry Reflects Alarm on Corruption

QUOTE: Wal-Mart on Thursday reported that its investigation into violations of a federal antibribery law had extended beyond Mexico to China, India and Brazil, some of the retailer’s most important international markets. The disclosure, made in a regulatory filing, suggests Wal-Mart has uncovered evidence into potential violations of the Foreign Corrupt Practices Act...

New York Times
Sep 09, 2012 Fighting for Bangladesh Labor, and Ending Up in Pauper’s Grave

QUOTE: For years, mutual suspicion has defined the relationship between the labor federation and the Bangladeshi establishment. Citing labor abuses, the A.F.L.-C.I.O. is currently petitioning Washington to overturn trade preferences for Bangladesh, infuriating Bangladeshi leaders and casting suspicions on the domestic labor groups nurtured by the federation, including those where Mr. Islam worked.

New York Times
Apr 28, 2012 How Apple Sidesteps Billions in Taxes

QUOTE: The growing digital economy presents a conundrum for lawmakers overseeing corporate taxation: although technology is now one of the nation’s largest and most valued industries, many tech companies are among the least taxed, according to government and corporate data. Over the last two years, the 71 technology companies in the Standard & Poor’s 500-stock index — including Apple, Google, Yahoo and Dell — reported paying worldwide cash taxes at a rate that, on average, was a third less than other S.& P. companies’.

New York Times
Apr 26, 2012 Not just Wal-Mart: Dozens of U.S. companies face bribery charges

QUOTE: Deere, Disney, Hewlett-Packard, Qualcom and many others are also under investigation for violations of the U.S. Foreign Corrupt Practices Act.

CNN (Cable News Network)
Apr 24, 2011 Flying the Flag, Fleeing the State

QUOTE: Thanks to a system of ship registration called “flags of convenience,” it is all too easy for unscrupulous ship owners to get away with criminal behavior. They have evaded prosecution for environmental damage like oil spills, as well as poor labor conditions, forcing crews to work like slaves without adequate pay or rest.

New York Times
Feb 21, 2011 2 Executives Quit Alibaba.com Amid Fraud Inquiry

QUOTE: The company said in its statement that 100 sales officers at Alibaba had helped perpetrate the fraud by allowing fake companies in China to register and sell products on Alibaba’s international Web site as “Gold Suppliers,” which suggested that they were among the more trustworthy.

New York Times
Apr 22, 2010 Is Google the new Rome? Cloud computing may be leading to a federation-like worldview on data management, but national laws will be a major obstacle

QUOTE: Google's Rome-like worldview extends to how it will treat the location of customer data. Google is not offering U.S. businesses any specific assurance that their data will be stored in a U.S.-based data center.

InfoWorld
Jun 24, 2009 In the Andes, a Toxic Site Also Provides a Livelihood

QUOTE: But Mr. [Ira] Rennert’s privately held industrial empire includes the smelter with a towering smokestack that overlooks Ms. [Claudia] Albino’s home, so the health and economic fate of her and thousands of others here rest on the corporate maneuvers he is carrying out.

New York Times
May 11, 2009 Tax Dodge Myths: Are multinationals not paying their fair share? ( Judgment Calls)

QUOTE: But the reality is murkier; the president's accusatory rhetoric [against multinational corporations] perpetuates many myths [of them not being fair].

Newsweek
May 13, 2008 Supreme Court Won’t Hear Apartheid Lawsuit

QUOTE: [Supreme Court] announced that, because of some 21st-century conflicts of interest, it was unable to consider a lawsuit based on an 18th-century law and involving the bygone 20th-century apartheid era in South Africa.

New York Times
May 07, 2008 UBS Banker Detained in Tax Inquiry

QUOTE: A top-ranking UBS executive was briefly detained by federal authorities in the United States in connection with a widening investigation into the Swiss bank’s work with questionable tax transactions...

New York Times
Jan 22, 2008 Siemens’s Prosperity Doesn’t Obscure Bribery Scandal

QUOTE: In its investigation [of internal bribery allegations], Siemens has identified “suspicious payments” totaling 1.3 billion euros ($1.88 billion) that may have been used as bribes to win contracts.

New York Times
Nov 14, 2007 Colombian families' suit says Chiquita liable for torture, murder

QUOTE: Earlier this year, Chiquita, as part of a plea agreement, admitted that what it called protection payments had been given to Autodefensas Unidas de Colombia, or AUC. AUC was named a terrorist organization by the United States in 2002, making it a crime to give them money.

CNN (Cable News Network)
Aug 02, 2007 In Terrorism-Law Case, Chiquita Points to U.S.: Firm Says It Awaited Justice Dept. Advice

QUOTE: On April 24, 2003, a board member of Chiquita International Brands disclosed to a top official at the Justice Department that the king of the banana trade was evidently breaking the nation's anti-terrorism laws.

Washington Post
Jul 30, 2007 Bill on Foreign Investments in U.S. Makes Few Changes

QUOTE: President Bush enacted legislation last week to ensure high-level scrutiny of direct foreign investments in U.S. assets deemed critical to national security… [But] Some experts on foreign investment in the United States said that… the new process for screening foreign investments is not substantially more rigorous than the old one.

Washington Post
Jul 06, 2007 Did Siemens Cheat the World Bank?: Investigators are looking into whether the German engineering giant lined its own pockets on a Pakistan power plant project

QUOTE: Siemens is alleged to have artificially driven up the costs for the construction of a power plant completed in the Punjab region of Pakistan during the late 1990s. The result may have been several millions worth of inflated World Bank subsidies for the project.

BusinessWeek
Jun 13, 2007 Ahead of Olympics, China faces charges of child labor: The negative publicity comes at a sensitive moment for Beijing as it seeks to burnish its international image.

QUOTE: In small towns across the vast Chinese countryside, kids age 13, 14, and 15 – below the legal working age of 16 – are entering the workforce as factory owners and other employers turn a blind eye, according to the report.

Christian Science Monitor
Apr 11, 2007 Chiquita case puts big firms on notice: The company's admission that it paid Colombian paramilitaries $1.7 million has sparked outrage in Colombia.

QUOTE: Chiquita Brands International admitted in US court last month that it paid $1.7 million to Colombia's brutal right-wing militias over the course of eight years. The company said it did so to protect its employees and agreed to pay a $25 million fine. The case is sparking outrage in the capital, Bogotá, where officials want to see company executives on trial.

Christian Science Monitor
Apr 04, 2007 Vermont Becomes ‘Offshore’ Insurance Haven

QUOTE: Vermont’s success in attracting insurance captives also highlights the many ways that American corporations are allowed to minimize their tax bills by moving their profits, intellectual property or liabilities to places that provide substantial tax advantages, whether it is a Caribbean island, Ireland or Singapore. And while many states in the United States provide tax breaks and subsidies to companies that move or expand operations in state, the benefits offered by Vermont are much larger.

New York Times
Feb 22, 2007 Court Takes on Software Patents: Microsoft Case May Have Global Reach

QUOTE: Microsoft admitted it infringed the AT&T patent on computers sold domestically but contends that it is not liable for its programs installed by computer manufacturers overseas. In 1984, Congress amended the patent law to forbid companies from shipping components of patented inventions overseas and having the parts assembled elsewhere in an attempt to skirt patent laws.

Washington Post
Jan 09, 2007 Chávez Sets Plans for Nationalization: Venezuela 'Heading Toward Socialism,' President Says; More Powers Sought

QUOTE: Venezuelan President Hugo Chávez on Monday announced plans to nationalize the country's electrical and telecommunications companies, take control of the once-independent Central Bank and seek special constitutional powers permitting him to pass economic laws by decree. "We're heading toward socialism, and nothing and no one can prevent it," Chávez, who won a third term in a landslide election in December...

Washington Post
Jan 07, 2007 Dark cloud over good works of Gates Foundation

QUOTE: hundreds of Gates Foundation investments — totaling at least $8.7 billion, or 41% of its assets, not including U.S. and foreign government securities — have been in companies that countered the foundation's charitable goals or socially concerned philosophy....investing in destructive or unethical companies is not what is most harmful, said Hawken and other experts, including Douglas Bauer, senior vice president of Rockefeller Philanthropy Advisors, a nonprofit group that assists foundations on policy and ethical issues. Worse, they said, is investing purely for profit, without attempting to improve a company's way of operating.

Los Angeles Times
Jul 31, 2006 Official Union Set Up in China at Wal-Mart

QUOTE: Workers at Wal-Mart Stores have formed their first trade union in China...Labor activists often accuse the tightly controlled All-China Federation of siding with management rather than workers.

New York Times
Jun 28, 2006 China Reveals $1.1B Bank Fraud

QUOTE: The Chinese government disclosed $1.1 billion worth of fraud at one of the country's largest state-owned banks this week, underscoring the risks confronting foreign investors as they seek big stakes in China's precarious banking system.

Washington Post
Jun 16, 2006 Sweatshop Conditions at IPod Factory Reported

QUOTE: The Mail on Sunday reported that a Chinese factory that manufactures iPods employs 200,000 workers who live in dormitories where visitors are not permitted. Workers toil for 15-hour days for as little as $50 per month, according to the article. As Mac fan sites buzzed with debate over the report, Apple issued a statement saying it is investigating the matter.

Washington Post
May 02, 2006 Bolivia Nationalizes Natural Gas: Troops Deployed In Move to Block Foreign Influence

QUOTE: Bolivian President Evo Morales seized control of the country's natural gas industry Monday, sending soldiers to occupy fields that he contends private companies have plundered for years.

Washington Post
Feb 19, 2006 U.S. Firms Balance Morality, Commerce: Critics Say Companies Overlook Human Rights

QUOTE: A congressional hearing in Washington last week focused attention on the practices of four U.S. Internet companies doing business in China -- Google Inc., Yahoo Inc., Microsoft Corp. and Cisco Systems -- amid mounting criticism that they are making money in the world's second-largest market of Internet users at the expense of human rights.

Washington Post
Nov 10, 2005 10 Things Your Cruise Line Won't Tell You

QUOTE: Marketing can be misleading...To avoid surprises, do your homework before selecting a cruise...

Smart Money
Mar 29, 2005 What Dell Support Thinks of Dell Support

QUOTE: ...Dell technicians would sometimes know right off that a problem required a replacement component, "but we are bound by company policy which prohibits us from dispatching components until we finish the script given us by Dell management,"...

InfoWorld
Jan 09, 2005 Manufaketure

QUOTE: ...pharmacies also represent a current and urgent battleground in one of the most important struggles between the developed world and China's surging economic power. This is the fight over intellectual property and the related investments essential to the knowledge economy, that amorphously defined new world in which better ideas, not faster, cheaper hands create jobs and wealth. Despite their appearances, Chinese pharmacies are stocked with expertly copied versions of some of the world's most profitable medicines, patented products that generate hundreds of billions of dollars' worth of business in the United States, Europe and Japan. Even the very latest miracle drugs sell in China for a fraction, often one-tenth or less, of what their authorized equivalents in the United States cost.

New York Times
Aug 06, 2004 In Turkmenistan, Thugs and Tyranny

QUOTE: ...a vast tragedy that has befallen Turkmenistan under the rule of President Saparmurad Niyazov.

Washington Post
Apr 11, 2003 Tech Firms Lobbying for Own Tax Cut

QUOTE: The nation's battered technology industry is pushing hard for a tax cut to entice corporations to bring earnings from overseas operations back to the United States, a plan companies say could spur billions of dollars in U.S. investment and jump-start the ailing economy.

Washington Post
Apr 06, 2003 Product Protesters Face Tough Going: Confusion Over Corporate Identities

QUOTE: With passions inflamed, and customers holding widely disparate opinions, multinationals are downplaying disagreeable associations in the markets they serve while emphasizing the depth of their local roots.

Washington Post
Jan 09, 2003 McDonald's Worker Resistance: Shaking the Golden Arches

QUOTE: ...the fall-out from restaurant bombings and anti-globalisation protesters remain only the tip of the iceberg....The McChicken Sandwich you just ordered may well have been prepared by a member of the Zapatista like McDonald's Worker Resistance.

Counterpunch
Nov 14, 2002 R.J. Reynolds Accused Of Money Laundering: Suit Also Alleges Smuggling of Cigarettes to Iraq

QUOTE: The new EU lawsuit goes far beyond any previous allegations, accusing RJR of direct complicity in facilitating not only money laundering schemes but also other criminal enterprises.

Washington Post
Oct 28, 2002 Western firm fined for Lesotho bribe

QUOTE: it was the first time a Western company had been convicted of bribing a "Third World official"

British Broadcasting Corporation (BBC)
Sep 06, 2002 Harassment Suit in U.S. Shifts India's Work Culture

QUOTE: "With about two-thirds of India's 365 billion rupees ($7.54 billion) in export revenue coming from the United States, where sexual harassment in the workplace is treated with far more gravity than in India, companies are concerned not just about their image but also their financial welfare."

New York Times
Aug 21, 2002 Patriotism Raining On Tax Paradise

QUOTE: Reincorporation -- also known as corporate inversion or corporate expatriation -- has been around for decades, but the accounting maneuver has become increasingly popular as economic conditions lower the costs and raise the rewards.

Washington Post
Mar 20, 2002 New Oversight System on Audits Urged: Top Industry Overseer Calls for Creation of An Independent Board

QUOTE: Charles A. Bowsher, the outgoing head of an accounting industry oversight board, said yesterday that self-regulation had failed and that Congress needs to create a tough new oversight body independent of the big firms.

Washington Post
Jan 19, 2002 Saudi Arabia's Apartheid (Cont'd)

QUOTE: The U.S. fast-food industry's obeisance to "separate but equal" gender segregation in Saudi Arabia is as steadfast as the adherence of white southern restaurant owners to racial segregation before the practice was outlawed.

Washington Post
Aug 10, 2001 Toyota Earmarks {$8} Billion for Diversification Efforts

QUOTE: ...Toyota (news/quote) said today that it would commit nearly $8 billion over the next decade to diversify its work force and reach out to more minority suppliers and customers.

New York Times
May 20, 2001 In a Land of Sun and Music, CD Pirates Play Robin Hood

QUOTE: As the Recording Industry Association of America and the Bush administration see it, the situation is easily defined: record companies face calamity in Brazil because Brazil's government isn't doing enough to protect copyrights. Ask Brazilians about the problem, though, and you will hear a very different view -- one that offers an insight into the twists that economic logic produces when a third world country confronts globalized pricing and distribution of a product that it consumes with a passion.

New York Times
Feb 04, 2000 Corporations On Steroids

QUOTE: But what happens to democracies when companies grow to size extra-extra-large, in order to compete globally, but democratic regulatory institutions -- like the antitrust division of the Justice Department -- remain a size small?

New York Times
Oct 25, 0201 Riches May Not Help Papua New Guinea

QUOTE: the flood of revenue, which is expected to bring Papua New Guinea $30 billion over three decades and to more than double its gross domestic product, will force a country already beset by state corruption and bedeviled by a complex land tenure system to grapple with the kind of windfall that has paradoxically entrenched other poor, resource-rich nations in deeper poverty.

New York Times