Corporations

Investing in "Ethical" Uranium

Mining giant BHP-Billiton's proposed acquisition of WMC Resources, a major uranium mining company, poses no problem for the global ethical investment fund Sustainable Asset Management (SAM). While some ethical funds avoid both BHP-Billiton shares, following the Ok Tedi environmental disaster in Papua New Guinea, and WMC shares, due to its uranium project, SAM holds both. SAM's research manager, Francis Grey, explained that while they don't agree with uranium or nuclear power, company projects owned before 1994 do not affect SAM's "ethical" rating system.

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FreedomWorks Hard for the Money

Speaking as the co-chair of FreedomWorks on CNBC last December, Dick Armey "spoke glowingly of 'Rx Outreach,' a national mail order program for low-income people that had just been launched by Express Scripts." FreedomWorks was "working with Express Scripts' public relations firm," Fleishman-Hillard, at the time, and "issued a press release praising

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Must've Herd Her Wrong

University of California-Davis nutritionist Lindsay Allen says reporters "hyped" her concerns, when she was quoted at the February meeting of the American Association for the Advancement of Science as saying, "It's unethical for parents to bring up their children as strict vegans." Allen says strict vegetarian diets are unethical, unless "missing nutrients" are added "through supplements or fortified foods." Allen's research with Kenyan children found that their development improved when their nutrient-d

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Corporate Lobbyists at the Feeding Trough

"These are heady days on Capitol Hill for business lobbyists," writes Stephen Labaton. "After suffering numerous setbacks in President Bush's first term, business lobbyists now say they have the wind at their backs." In addition to pushing for "tort reform" (which limits what people can collect in damages if they sue a corporation), lobbyists are also getting Congress to ram through new legislation that "would make it significantly more difficult and expensive for poor and moderate-income families to use bankruptcy protection to shield themselves from creditors.

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PR Damage Control for Halliburton's Iran Deals

"Only weeks before Halliburton made headlines by announcing it was pulling out of Iran ... the Texas-based oil services firm quietly signed a major new business deal to help develop Tehran’s natural gas fields," Newsweek's Michael Isikoff and Mark Hosenball write. "But overlooked in most of the press coverage of the announcement was that [Halliburton CEO David] Lesar’s statement contained enough wiggle room to permit Halliburton to continue participating in the new South Pars project. ...

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Late Victory for McLibel Defendants

The British government will review its libel laws after two environmental campaigners who were sued by McDonald's won a legal judgment. The European court of human rights ruled "that their rights to a fair trial and freedom of expression were violated when they were denied legal aid," reports Clare Dyer. "McLibel" defendants Helen Steel and David Morris were sued by the fast-food chain for passing out leaflets that accused McDonalds of selling unhealthy food and damaging the environment.

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Shill to the Beat of the Drum

McDonald's and MTV Networks have partnered, in a bid by the fast-food giant "to reach young people without running advertisements." Instead of ads, a new "30-minute monthly programme called MTV Advance Warning" will "feature new musical talent combined with McDonald's advertising imagery." The program will run in the U.S., Latin America, Europe and Asia. The move comes as officials in the U.S.

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Wal-Mart: The Race to the Bottom Line

Saying they had "bargain[ed] in good faith," Wal-Mart announced it was closing a store in Quebec whose employees were negotiating the first union contract ever with the giant retailer. Wal-Mart said the move is not a union bust, but due to "the fragile condition of the Jonquiere store." A union spokesperson said, "We're going to carry on with our efforts to organize Wal-Marts." The Canadian firm National PR is helping Wal-Mart with "French-language media outreach" following the announcement.

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Lobbying, German-Style

"In recent weeks, senior politicians from Germany's two biggest parties resigned following disclosures that they received tens of thousands of euros from corporate benefactors," even though "the payments were legal." Throughout Europe, companies are increasingly doing "aggressive lobbying in the absence of rules to rein them in." Public outrage has led watchdogs like the Corporate Europe Observatory to push for disclosure laws, though "many compa

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