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Archive for the Month of February, 2005.
Viewing Corporatism NEWS articles 1 through 7 of 7.
GE halts new business orders in Iran - GE which is conducting business activities in Iran that "are fully compliant with U.S. law" stops taking any further orders from Iran. Does GE have inside information of any coming US military ventures?
(2830 views)
$2.5 Trillion Budget Plan Cuts Many Programs, Domestic Spending Falls, Defense Spending Rises - Bush plans to unveil a $2.5 trillion budget today eliminating dozens of domestic programs, including funding for education, environmental protection, while proposing significant increases for the military spending. About 150 programs in all would be shuttered or radically cut back. One out of every three of the targeted programs concern education. Medicaid funding would be also be reduced significantly.
(3322 views)
Wal-Mart Canada to Close Unionized Quebec Store - The Canadian arm of U.S. retailing giant Wal-Mart Stores Inc. said its store in Jonquiere, Quebec, will close this spring after becoming the first unionized Wal-Mart in North America about six months ago. When the store became unionized, the retailer said it was considering all options to block the certification, including legal action against the Quebec Labor Relations Commission.
(2855 views)
Wal-Mart to Settle Child Labor Charges - Wal-Mart Stores Inc., the world's largest retailer, will pay $135,540 to settle federal charges that it broke child labor laws, the Labor Department said Saturday.
(2497 views)
McDonald's to pay heart association $7 million for suit on trans fats - McDonald's Corp. made front-page news nearly 2 1/2 years ago when it promised to cut the level of dangerous trans fats in its cooking oil. But the oil change never came. This week, the fast-food giant agreed in Marin County Superior Court to pay $7 million to the American Heart Association.
(2499 views)
Bill would tax big box stores - Wal-Mart pays its workers such low wages that they qualify for state welfare benefits subsidized by Montana taxpayers, people told a Senate committee Tuesday. As an incentive for those "big box stores" to pay a living wage to their workers, Sen. Ken Toole's Senate Bill 272 would impose a gross proceeds tax on the companies. They would be exempt from the tax if they paid their employees an entry level wage.
(2595 views)
Pentagon says 43% of Halliburton's Iraq expenses are not verifiable - Halliburton cannot justify why it billed the Pentagon for $1.8 billion of work in Iraq and Kuwait, the Wall Street Journal reported. Pentagon accountants said they are uncertain as to why Halliburton's KBR unit billed the Pentagon $1.8 billion for expenses. This amount represents 43 percent of the $4.18 billion the company billed the Pentagon for logistics work in the Middle East
(2657 views)
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