Both the Democratic and Republican conventions are bringing in millions of dollars in corporate sponsors, but there is no reporting requirement for either the political parties or the companies. There are a reported 146 organizational and corporate donors, but less than a quarter have chosen to disclose information about their donations.
The Swiss drug company Roche has been suspended from the Association of the British Pharmaceutical Industry (ABPI) after adverse findings over its promotion of the weight-loss drug Xenical.
The Colorado Coalition for the Homeless plans to hand out free movie tickets, free passes to the Zoo, Denver's Museum of Nature and Science and other cultural attractions to homeless people during the Democratic National Convention August 25-28. They will even provide free bus tickets for the homeless to visit attractions that are beyond walking distance. Day shelters will stay open extended hours during the Convention, and some shelters will set up big-screen TVs so patrons can watch the event.
Former Congressman Curt Weldon's employer Defense Solutions got a good deal in Iraq. So good, that "the deal, for decades-old, equipment, included terms so lopsided, they likely would have been illegal under U.S. law." Defense Solutions got a contract with the Iraqi government in 2005 to refurbish obsolete Soviet-era Hungarian tanks. While U.S. law would dictate that the company's fee be tied to performance, Defense Solutions' contract not only ensures payment, it also gives them a percentage of the total cost.
The European Union (EU) has drastically changed its course for the future of biofuels. Until this week, the EU planned to be the world leader in using biofuels as an alternative to petroleum-based fuel, aiming for 10% of transportation fuels to be derived from biofuels by 2020.
When the major American tobacco companies signed the 1998 Master Settlement Agreement with the 46 states who sued to recover the costs of treating sick smokers, the companies agreed to nominal advertising restrictions and massive yearly payouts to the states.
Despite U.S. Food and Drug Administration warnings, the Veterans Administration (VA) failed to alert 32,000 veterans using the smoking cessation drug, Chantix.