Posts Tagged ‘companies’

Frequent SEC exemptions let companies skirt rules

Thursday, April 19th, 2012

At a time when the Securities and Exchange Commission is under pressure to enforce existing rules and write new ones , it has been busy giving companies permission to ignore the law. Companies that bump against legal restrictions — brokerages, stock exchanges, life insurance companies, and mutual fund managers, for example — routinely argue that no harm would come from cutting them slack. Read full article > >

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Frequent SEC exemptions let companies skirt rules

Give a ‘hoodie’ a job – Grayling

Wednesday, April 18th, 2012

Companies should give a job to “the surly young man in a hoodie” from the UK rather than someone from overseas, the employment minister is to say.

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Give a ‘hoodie’ a job – Grayling

Oracle-Google trial under way

Monday, April 16th, 2012

Google and Oracle are told that their sensitive financial information will be revealed as the companies begin legal proceedings on a patent and copyrights dispute.

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Oracle-Google trial under way

Landline rules frustrate telecoms

Friday, April 13th, 2012

More than 130 years after the first residential phone line was installed, telecom companies are pressing to be freed from the obligation of providing low-cost fixed-line telephone service to homes, a move critics say will leave Americans with less reliable or more expensive options. Read full article > >

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Landline rules frustrate telecoms

Drug Giant Is Fined $1.2 Billion in Risperdal Case

Thursday, April 12th, 2012

A judge fined Johnson & Johnson and a subsidiary after a jury found that the companies minimized or concealed the dangers associated with Risperdal, an antipsychotic drug.

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Drug Giant Is Fined $1.2 Billion in Risperdal Case

Teams set sights on space station

Monday, April 9th, 2012

The private companies filling the shuttle void

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Teams set sights on space station

VIDEO: Orbital readies cargo to the ISS

Monday, April 9th, 2012

The BBC visits the headquarters of Orbital, one of the two private space companies tasked by Nasa to deliver cargo to the International Space Station.

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VIDEO: Orbital readies cargo to the ISS

AOL sells patents to Microsoft in $1.1 billion deal

Monday, April 9th, 2012

America Online announced Monday that it has sealed a $1.1 billion deal with Microsoft for more than 800 patents. According to a news release announcing the deal, the companies entered into a non-exclusive license for the patents, following an auction. Read full article > >

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AOL sells patents to Microsoft in $1.1 billion deal

Twigg makes school profits pledge

Saturday, April 7th, 2012

Labour’s education spokesman gives a “cast-iron guarantee” that he would not allow companies to run schools for a profit – but he will not support teachers’ strike action.

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Twigg makes school profits pledge

‘More needed’ to help create jobs

Thursday, April 5th, 2012

Business leaders urge ministers to do more to help companies create a “pro-employment landscape” as a change to employment law comes into force.

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‘More needed’ to help create jobs

Occupying the Subways

Thursday, April 5th, 2012

Can America wean its oil addiction by making mass transit free? New York Occupiers are suggesting precisely this. Mass transit Farebox revenue in New York, the nation’s largest mass transit hub, totals $4.5 billion a year, according to the city’s Mass Transit Authority. That’s a hefty number – until contrasted with U.S. taxpayer subsidies to the oil and gas industries of $41 billion a year. Just redirecting that subsidy would allow nine transit systems as big as New York’s to provide free ridership. And here’s the sweetener: Other transit systems are way smaller than America’s most populous city, so cities which could have free mass transit could number in the dozens. Think of it. Free transit in Chicago. San Francisco. Los Angeles. Atlanta. Boston. Washington D.C. Include your other favorite city(ies) here. What’s more, cutting off this cascade of federal dollars to the most profitable 1% of American industry would be popular. A recent Wall Street Journal-NBC poll found that three quarters of respondents favored”eliminating tax credits for the oil and gas industries” – a.k.a. cutting them off from the federal trough.

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Occupying the Subways

The bitter truth behind the chocolate in your Easter basket

Wednesday, April 4th, 2012

Chocolate is one of life's greatest pleasures, but for the children working in slavery conditions in cacao fields across West Africa's Ivory Coast, the reality behind it is anything but sweet. Some 70 to 75 percent of the world's cocoa beans are grown on small farms in West Africa, including the Ivory Coast, according to the World Cocoa Foundation and the International Cocoa Initiative . The CNN Freedom Project reports that in the Ivory Coast alone, there are an estimated 200,000 children working the fields, many against their will, to satisfy the world's hunger for chocolate. The average American eats around 11 pounds of chocolate each year, and the weeks leading up to Easter show the second biggest United States sales spike of the year next to Halloween – 71 million pounds according to a 2009 Neilsen report. A recent press release from Kraft claims that worldwide, more consumers purchase chocolate during Easter than any other season. So how does a chocolate lover ensure that the treats filling their family's Easter baskets are not supporting a life of slavery for a child half a world away? Opt for organic Gene Tanski, a supply chain expert and CEO of Demand Foresight says that the most basic way to ensure that you don't purchase chocolate that is made with slave labor is to insist on organic. “There are no organic growing techniques, capability, or much interest in West Africa or the Ivory Coast or Ghana. Most of the trees there were planted about 25 years ago and they're on the downside of their productive life,” Tanski says. “If you're buying organic chocolate or cocoa you're nearly ensured that there is no slave labor involved in the growing or production of that chocolate, and you can track the chain.” Consider the origin Tanski says to pay attention to where the chocolate is grown and produced. Because of measures like the Harkin-Engel Protocol or “Cocoa Protocol” which was enacted in 2001 to enlist companies to voluntarily certify they had stopped the practice of child labor, as well as some of the components of free trade, consumers are starting to be able to track where cocoa comes from. “If it comes from Africa, there is most likely slave labor involved. If it comes from South America or Asia, chances are that there is not. That's not to say there aren't poor conditions, but it's not the slave labor that's highlighted in the CNN report. The tracking is getting better and better all the time,” he adds. Look at the label “You should be looking for chocolate that's a bargain for you, that's delicious for you, and that's good news for people who took part in the production,” Stop the Traffik founder Steve Chalke tells CNN's Richard Quest. He says to look for a Fair Trade or Rainforest Alliance symbol on the packaging, because it shows that there was no slavery involved in the production of the bar. Later this year, chocolate consumers will be able to purchase a new version of Hershey's Bliss brand, which will be 100 percent made from Rainforest Alliance-certified farms mostly in Ivory Coast and Ghana, according to a press release from the company . Click to watch video “It'll still make you fat,” Chalke jokes, “But you'll be ethically fat.” Go straight to the source Kristen Hard, the owner of Cacao Atlanta , puts her money where her customers' mouths are and travels to farms in places like Brazil and Venezuela to deal directly with the growers. For her, it's a matter of quality control – both for her product and the lives of her producers. “Whatever you're purchasing is funding something; it's a choice that you're making every day,” she says. “Buying fair trade can benefit the environment and the social status of the farmers. Or, you can do the opposite and promote child labor.” While Hard believes that fair trade is better than the commodity system, with the recent rise in small-scale chocolate production, direct trade is a better solution, and pays off for customers in the form of a better product. She says, “We purchase beans from farmers at a much higher price than commodity, so they can value what they do, stay happy, and not just put food on the table. What we negotiate is quality and a schedule, and all of the things that should be important to a consumer.” Develop a taste Hard knows that people form a passionate bond with the flavor of chocolate early in life, and it's most often the inexpensive and widely available kind. Still, she believes, people will be willing to pay more once they taste the difference. “Once they taste the quality product, they'll understand,” she says. “A lot of times when people are farming a commodity, they'll cut corners because they want to make their money faster and it can can destroy the flavor. But, if this more premium chocolate is not what you're used to, the initial reaction can be, 'Oh, I don't like that.' It's like having fresh juice rather than sugar water. Whatever you grew up with programmed to like, your body is going to say, that's unfamiliar; I don't like it. Once you try it, you'll wonder where it's been your whole life.” More resources for buying ethically produced chocolate Stop the Traffik Slave Free Chocolate Fair Trade Finder App The CNN Freedom Project sent correspondent David McKenzie into the heart of the Ivory Coast – the world’s largest cocoa producer – to investigate what's happening to children working in the fields. Watch an excerpt of “Chocolate's Child Slaves” and see all Freedom Project coverage on the topic . Once you've gotten the goods, try these delicious recipes from iReport's Fair Trade Chocolate Challenge Take Our Poll

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The bitter truth behind the chocolate in your Easter basket

Hacking in Asia Is Linked to Chinese Ex-Graduate Student

Friday, March 30th, 2012

A breach of computers belonging to companies in Japan and India and to Tibetan activists has been linked to a former student at a Chinese university.

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Hacking in Asia Is Linked to Chinese Ex-Graduate Student

GOP blocks Obama’s effort to end tax breaks for Big Oil

Friday, March 30th, 2012

President Obama on Thursday called on Congress to end tax breaks for oil companies in a populist speech that sought to turn the blame for gas prices nearing $4 a gallon back onto his Republican critics. Read full article > >

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GOP blocks Obama’s effort to end tax breaks for Big Oil

Apple’s Cook visits China factory

Thursday, March 29th, 2012

A senior Chinese politician calls for foreign companies to “pay more attention” to workers as Apple chief executive Tim Cook visits a supplier.

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Apple’s Cook visits China factory