Category: Business
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Push against offshore secrecy an uphill battle
By Michael Hudson
Center for Public Integrity
Offshore tax havens are under attack again in the wake of scandal. Britain has vowed to lift secrecy covering the Cayman Islands and other financial sanctuaries under its flag. France’s president has promised to “eradicate” tax havens. Will this time be different? -

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In big win for defense industry, Obama rolls back limits on arms exports
By Cora Currier
ProPublica
The United States is loosening controls over military exports, in a shift that former U.S. officials and human rights advocates say could increase the flow of American-made military parts to the world’s conflicts and make it harder to enforce arms sanctions. -

Sudden turnover at the top, financial downgrade raise flags about state prison provider Corizon
By Dan Christensen
BrowardBulldog.org
The two top executives of a state vendor who negotiated a $1.2 billion contract with the Florida Department of Corrections to provide medical care for thousands of state prisoners were abruptly fired on Wednesday. -

The impact and echoes of the Wal-Mart discrimination case
By Nina Martin
ProPublica
When the U.S. Supreme Court issued its 5-4 decision in Wal-Mart v. Dukes in June 2011, no one needed a Richter scale to know it was a Big One. In throwing out a mammoth lawsuit by women employees who claimed that they’d been systematically underpaid and underpromoted by the world’s biggest corporation, the ruling upended decades of employment discrimination law and raised serious barriers to future large-scale discrimination cases of every kind. -

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Use Only as Directed: Acetaminophen can kill, but regulators don’t act
By Jeff Gerth and T. Christian Miller
ProPublica
During the last decade, more than 1,500 Americans died after accidentally taking too much of a drug renowned for its safety: acetaminophen, one of the nation’s most popular pain relievers.
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