Chiquita — the former United Fruit Company — is being ordered to compensate victims of the paramilitaries it financed in Colombia in the late 20th century. Like Monsanto with pesticides, it might begin saving funds to pay more such fines.
Tag: profit
An investigation reveals that the company does not own any of the three renewable power plants it claims to operate in Spain — as well as a scheme allowing Amazon to dodge full regulatory oversight of its projects.
German automobile giant Volkswagen will invest billions in China to manufacture electric vehicles. It has deemed the risk of China invading Taiwan “unlikely,” a peek into the calculations that private-sector conglomerates make, just like state actors.
With its new president, the United States may now become a massive new fiscal haven for global companies. But France, with its own upcoming elections, could lead Europe in undermining Trump’s plans.
In order to maximize profits, the German automaker wants to eliminate paid 15-minute breaks for its workforce.
Chinese companies justify shoddy products because of fierce competition. One businessman explains why this approach is nothing but a dead end.
Awash in cash, the Swiss National Bank has been making major direct investment in the private sector and the bond market. It’s a frightening level of financial sway.