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Takata Fined $1 Billion For Hiding Information on Exploding Car Airbags
Kavya Padmanabhan
January 20th, 2017
Takata, the Japanese auto parts maker, will pay a $1 billion fine to the U.S. government after pleading guilty to hiding information about the likelihood that the company’s car air bags could accidentally explode. Takata air bags have been linked to at least 17 deaths around the world.
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 | | Photo: Alexauto321. Used under Creative Commons license. |
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Billionaires & Big Business Line Up To Help U.S. President Elect-Donald Trump
Pratap Chatterjee
November 14th, 2016
Billionaire businessmen and lobbyists are lining up to help Donald Trump after his victory in the U.S. presidential election. Trump appears to be welcoming them with open arms, despite his claim to bring change to Washington DC and get rid of special interests.
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 | | Photo: Gage Skidmore. Used under Creative Commons license.
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Goodhope Asia Accused Of Land Grabbing In West Papua For Palm Oil
Pratap Chatterjee
November 7th, 2016
The Yerisiam Gua indigenous community of West Papua filed a complaint six months ago against a Sri Lankan owned conglomerate for taking over their land to create a palm oil plantation. To this day, the industry body charged with oversight has yet to formally respond to their concerns.
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 | | Flooding in Nabire as a result of logging. Photo courtesy of Indonesia’s National Disaster Management Agency |
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Robertson Winery Accused Of Slavery-Like Practices In South Africa
Richard Smallteacher
November 4th, 2016
"Bitter Grapes—Slavery in the Vineyards," a new television documentary made by Danish journalist Tom Heinemann, alleges that many South African wineries pay their workers less than the legal minimum wage; discourages them from unionizing; and exposes them to toxic pesticides. Top of the list is Robertson's Winery.
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 | | Still image from Bitter Harvest documentary. |
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Eli Lilly Raised U.S. Prices Of Diabetes Drug 700 Percent Over 20 Years
Pratap Chatterjee
November 2nd, 2016
Eli Lilly, an Indianapolis based company, that has sold insulin products to diabetes patients since 1921, has quietly raised some U.S. prices 700 percent in the last 20 years by marketing so-called improved versions to consumers. Novo Nordisk, a Danish company, has also profited handsomely from this practice.
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 | | Photo: rachellynnae©. Used under Creative Commons license. |
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Swiss Bank UBS May Be Suspended From Doing Business In Hong Kong
Richard Smallteacher
October 31st, 2016
UBS, the Swiss bank, is being investigated by the Hong Kong Securities and Futures Commission for failing to carry out adequate due diligence before working on share offerings for several Chinese companies. The bank says that it is at risk of being suspended from doing business in the city.
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 | | Photo: Martin Abegglen. Used under Creative Commons license. |
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AT&T; Developed Secret Program To Help U.S. Police Mine Client Phone Records
Pratap Chatterjee
October 28th, 2016
Police departments across the U.S. pay AT&T;, the telecommunications giant, over one hundred thousand dollars a year for special access to telephone records of clients without first obtaining a warrant. The program is called 'Hemisphere' and the company required buyers to keep its existence secret.
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 | | Photo: Mike Mozart. Used under Creative Commons license. |
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