Submitted by Bob Burton on
After Hill & Knowlton contacted community newspaper editors on behalf of Wal-Mart Stores informing them "Wal-Mart representatives were available for interviews," Mike Buffington, the president of the National Newspaper Association (NMA), let fly. "So why is it that community newspapers in America are good enough to help you fend off critics with free PR, but we're not good enough for your paid advertising?
Submitted by Bob Burton on
Australian journalist Neil Chenoweth has revealed that Rupert Murdoch "sidestepped stamp duty of $A53 million [U.S.$41.3m] and capital gains tax of up to $A1.2 billion [U.S.$936m] by moving control of his ultimate family company, Kayarem, to the Caribbean and listing it on the Bermuda Stock Exchange (BSE) a week before News Corporation was reincorporated in the United States last November.
Submitted by Sheldon Rampton on
Former Enron CEO Ken Lay, "the poster boy for how big guys can rip off suckers in the stock market," is back in the news as his trial date nears. According to Frank Rich, "The enduring legacy of Enron can be summed up in one word: propaganda.
Submitted by Diane Farsetta on
Iraqex, the U.S.-owned "investment group set up to pursue business in Iraq," has changed its name to Lincoln Group, after its holding company, Lincoln Alliance Corporation.
Submitted by Diane Farsetta on
Afraid that their vote to open the Arctic National Wildlife Refuge to oil exploration might make Congress more likely to increase fuel efficiency standards, the automobile industry is "trying to polish its image." The Alliance of Automobile Manufacturers is claiming, in newspaper and radio ads, and on cleaning sponges given to Congressional staffers, that "cars are 99% cleaner than they used to be
Submitted by Bob Burton on
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.
Submitted by Diane Farsetta on
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
Submitted by Diane Farsetta on
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
Submitted by Sheldon Rampton on
"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.
Submitted by Laura Miller on
"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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