Domestic Glance
Ten years ago, Nevada enacted some of America's loosest disclosure and liability laws for corporations, in a bid to spur the state economy. It protected corporate officers and directors from liability for breaches of duty, bad faith and self-dealing - acts that can be the basis of lawsuits in other states.
Today, the business of registering companies in Nevada, many of them shells, is booming.
Nevada has emerged as the state with the second-largest number of corporate entities registered per capita, after longtime leader Delaware. The state's business-filings unit generated revenue of $108 million in fiscal 2010, up from $43 million in 2002.
Nevada's big bet: secret shell companies
Wall Street protesters cuffed, pepper-sprayed during 'inequality' march
Scores of protesters were arrested in Manhattan Saturday as a march against social inequality turned violent.
Hundreds of people carrying banners and chanting "shame, shame" walked between Zuccotti Park, near Wall St., and Union Square calling for changes to a financial system they say unjustly benefits the rich and harms the poor.
Michael Moore urges boycott of Georgia over Troy Davis execution
Liberal filmmaker Michael Moore has called for an economic boycott of the state of Georgia to protest Wednesday's execution of Troy Davis, the Savannah man convicted of murdering an off-duty police officer in 1989.
"I encourage everyone I know to never travel to Georgia, never buy anything made in Georgia, to never do business in Georgia," Moore wrote on his website in a blog item posted a few hours after Davis' death.
Fox in the Schoolhouse: Rupert Murdoch Wants to Teach Your Kids!
Rupert Murdoch's reputation precedes him—but one thing he's not well known for is his education reform advocacy. But that could soon change. Next month, Murdoch will make an unusual public appearance in San Francisco, delivering the keynote address at an education summit hosted by former Florida Gov. Jeb Bush, who has lately been crisscrossing the country promoting his own version of education reform.
The high-profile speech to a collection of conservative ed reformers, state legislators, and educators is just the latest step in Murdoch's quiet march into the business of education, which has been somewhat eclipsed by the phone-hacking scandal besieging his media empire.
10 guilty of disrupting speech of Israeli ambassador
After more than two days of deliberation, an Orange County jury on Friday found 10 Muslim students guilty of two misdemeanors to conspire and then disrupt a February 2010 speech at UC Irvine last year by the Israeli ambassador to the United States.
There was crying as the verdict was read in Superior Court Judge Peter J. Wilson’s courtroom. The students showed no visible emotion, although they hugged each afterward. Some also stormed out.
Occupy Wall Street Day 5: This is What Democracy Looks Like
After yesterday’s rain and violent arrests, I’m afraid of what to expect as I approach Liberty Plaza for the fifth day of Occupy Wall Street. Mainstream media report that numbers have dwindled; our own media’s livestream was shut down yesterday while people were arrested for trying to cover the equipment with tarps. I am bracing myself for a sad, soggy, mess.
I arrive and it’s beautiful. Everything is cleaner, more organized and more vibrant than I left it. Spirits are high in the General Assembly (GA) and even nature is cooperating, lending us a little sunlight.
For-Profit Company Oversaw Davis's Execution, Had Prompted Complaint for Illegal Purchase of Lethal Injection Drugs
The tragic debacle that has been the Troy Davis execution has another dimension to it beyond racism, classism, and the miscarriage of justice in a flawed system. That dimension is capitalism, specifically, the corporatization of the prison-industrial complex.
If you've noticed some angry tweets directed at @correcthealth, that's because 'CorrectHealth" is the Orwellian-named "medical company" that, according to the ACLU, "oversees all executions in Georgia" including last night's. It is a for-profit company that stands to make a pile money off of every execution.
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