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Business

Obama Administration Delivers Big Blow to Shell's Arctic Drilling Plans
Business  (tags: Arctic, Arctic drilling, Chukchi Sea, shell, Shell Oil Co )

Judy
- 17 minutes ago - fuelfix.com
The Obama administration delivered a major setback to Shell's Arctic drilling plans on Tuesday, by ruling that the company can't simultaneously bore two wells into the Chukchi Sea this summer.
Puerto Rico Says It Cannot Pay Its Debt Setting Off Potential Crisis In The U.S.
Business  (tags: Puerto Rico, markets, bonds, financial crisis, higher borrowing, USA )

Dandelion
- 22 hours ago - washingtonpost.com
The governor of Puerto Rico has decided that the island cannot pay back more than $70 billion in debt setting up an unprecedented financial crisis that could rock the municipal bond market and lead to higher borrowing costs for govts across the USA.
Israel-Norway Volcano Project Gets Large Grant From EU
Business  (tags: Israel Elbit, Norway Nicarnica Aviation, European Union, volcanic ash, AVOID, commercial air flights )

Beth
- 1 day ago - timesofisrael.com
Israel's Elbit and Norway's Nicarnica Aviation aim to help pilots navigate volcanic ash with funding from the Eurostars program.
Top CEOs Make 300 Times More Than Typical Workers
Business  (tags: world, usa, politics, money, finance, economy, corporate, business, CEOs, 300 times, Chief Executive, typical workers )

Darren
- 1 day ago - epi.org
The chief executive officers of America's largest firms earn three times more than they did 20 years ago and at least 10 times more than 30 years ago, big gains even relative to other very-high-wage earners.
ECB 'to End Greek Bank Lifeline'
Business  (tags: Business, Greece, Eurozone, Economy, ELA, ECB, Europe )

Ray
- 2 days ago - bbc.co.uk
The European Central Bank is expected to end emergency lending to Greece's banks on Sunday, the BBC understands.
10 Potential Alternatives To The Conventional Capitalist System
Business  (tags: capitalism, banking, companies, economics, communities, energy, sustainability )

Freya
- 2 days ago - listverse.com
Some believe our current system of economic organization is starting to fail us, but other than the horrors of Communist collectivism, what alternatives do we really have? As it turns out, there are quite a few.
Institute That Made Report Detailing Pipeline Job Creation Has Ties to Koch Brothers | The Recorder
Business  (tags: energy, environment, climate-change, conservation, ecosystems, habitatdestruction, healthconditions, politics, government, propaganda, corporate, dishonesty, SustainableDevelopment, Kinder Morgan )

Rosemary
- 2 days ago - recorder.com
The Northeast US is fighting a massive influx of gas pipelines, the largest of which is Kinder Morgan's Northeast Energy Direct. KM moving ahead despite massive opposition from citizens & lawmakers. 67 towns opposed. More info at nofrackedgasinmass.org.
CEO Pay at US's Largest Companies Up 54% Since Recovery Began in 2009
Business  (tags: corporations, companies, CEOs, wages, pay, income disparity )

Freya
- 3 days ago - theguardian.com
According to the latest annual survey by the Economic Policy Institute, CEOs at the 350 largest companies in the country pocketed an average of $16.3m in compensation each last year. ThatâEUR(TM)s up 3.9% from 2013, and a whopping gain of 54.3% since...
Adani May Junk $16bn Oz Project
Business  (tags: Adani, Australia, Queensland, coal mines, Abbott Point, protests, Great Barrier Reef, Carmichael mines, possibly good news )

Evelyn
- 4 days ago - timesofindia.indiatimes.com
The $10-bn infrastructure conglomerate is concerned about the slow pace of clearances and, to begin with, has decided to halt engineering work in the Carmichael mines in Queensland as well as on its rail line and expansion of Abbot Point port
King Obama, His Royal Court, and the TPP - Ralph Nader
Business  (tags: Economy, U.S., Barack Obama, Trade, TPP, Corporate Power, Ralph Nader )

Judy
- 4 days ago - commondreams.org
I challenge President Obama to state publically that he has read the entire TPP. Even a benign monarch would do this for his/her trusting subjects.
Malaysia: Stop Union Busting in SFI ACTION
Business  (tags: union busting, Malaysia, corporate, Sabah Forest Industries, business, world )

Nancy
- 5 days ago - labourstartcampaigns.net
The Sabah Forest Industries (SFI), owned and operated by Ballarpur Industries Limited (BILT), part of the Avantha group, has been refusing to recognise the Sabah Timber Industry Employees Union (STIEU).
Greece Debt Crisis: Crunch Talks to Avert Default
Business  (tags: business, debt, economy, money, politics, society, world )

Frans
- 5 days ago - bbc.com
A late-night session with the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) failed to close the gaps....
Urge the SEC to Demand Full Disclosure of Walmarts Offshore Subsidiaries in Tax Havens - Petition
Business  (tags: Walmart, tax haven, petition, SEC, full disclosure, taxes )

Dandelion
- 6 days ago - actionnetwork.org
Walmart has built a vast undisclosed network of 78 subsidiaries and branches in 15 overseas tax havens. We demand full disclosure of Walmarts offshore subsidiaries in tax havens and how much Walmart may be avoiding in taxes.
 

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