New Orleans US-Attorney General Eric Holder was in New Orleans yesterday to announce a $4.5 billion settlement with British Petroleum on criminal charges. It isn’t easy in this country to convict corporations of criminality, all evidence to the contrary, so having them plead out to their obvious culpability in the environmental and human tragedy caused …
Category: WalMart
Walmart Workers Strike or Publicity?
New Orleans Some eighty-eight (88) Walmart workers have walked out of 25 odd stores around the country according to the UFCW and its Walmart organizing project director, Dan Schladerman. The Times, Wall Street Journal, and other parts of the financial press have played the worker action as a strike and as the first strike against …
Fight Over Foreign Retail (Walmart!) Entry into India Enters a New Stage
New Orleans Desperate to hold onto power with national elections coming in 2013 and beset by crises over coal, telecom, and slowing growth, India’s Prime Minister Manmohan Singh, announced modifications in foreign direct investment in multi-brand retail, potentially paving the way for Walmart, Carrefour, Tesco, Metro, and other multi-national companies to enter the growing Indian …