Tag Archives | Corporations
Lame joke? Apt metaphor? Sign of the apocalypse? Future trend? In an effort to gain Google’s favor in the hopes of winning a high-speed internet sweepstakes, Kansas’s capital city has temporarily renamed itself after the company. CNN reports:
In a formal proclamation Monday, Bunten announced his city will be known as “Google” — Google, Kansas.
The unusual move comes as several U.S. cities elbow for a spot in Google’s new “Fiber for Communities” program. The Web giant is going to install new Internet connections in unannounced locations, giving those communities Internet speeds 100 times faster than those elsewhere, with data transfer rates faster than 1 gigabit per second.
From the Guardian:
… Read the rest
Report for the UN into the activities of the world’s 3,000 biggest companies estimates one-third of profits would be lost if firms were forced to pay for use, loss and damage of environment.
The cost of pollution and other damage to the natural environment caused by the world’s biggest companies would wipe out more than one-third of their profits if they were held financially accountable, a major unpublished study for the United Nations has found.
The report comes amid growing concern that no one is made to pay for most of the use, loss and damage of the environment, which is reaching crisis proportions in the form of pollution and the rapid loss of freshwater, fisheries and fertile soils.
Later this year, another huge UN study – dubbed the “Stern for nature” after the influential report on the economics of climate change by Sir Nicholas Stern – will attempt to put a price on such global environmental damage, and suggest ways to prevent it.
Last week the Supreme Court issued a landmark decision overturning restrictions on corporations’ political activity.
The Consumerist reports that, in response, cranky rogue Florida congressman Alan Grayson has introduced a bill before Congress called the “Business Should Mind Its Own Business Act.” The BSMOBA would tax corporate political contributions and spendings on political ads at a rate of 500%.
I’m not sure what the odds are of this getting any traction, but one can always dream.