LGBTI News and Politics

Archive for the ‘Business/Finance/Taxes’ Category

Monstanto, The World’s Largest Seed Company, Wants to Buy Syngenta, the World’s Largest Pesticide Company


Protesters on the streets of Montreal in May, campaigning against genetically modified organisms and Monsanto. (photo: Cristian Mijea/Demotix/Corbis)
Protesters on the streets of Montreal in May, campaigning against genetically modified organisms and Monsanto. (photo: Cristian Mijea/Demotix/Corbis)

 

Dan Charles | NPR | Reader Supported News | June 10, 2015

ALSO SEE: Monsanto Plans to Move Headquarters From US to UK

elling seeds and pesticides used to be a sleepy, slow-moving business. That was, until about 20 years ago, when the chemical company Monsanto introduced genetically modified crops and started buying up seed companies. Ever since, companies in this industry have been maneuvering like hungry fish in a pond, occasionally dining on pieces of each other, hoping to survive through size and speed.

Monsanto, now the world’s biggest seed company, is attempting its biggest bite ever. It wants to acquire Syngenta, a Switzerland-based company that sells pesticides and seeds, for $45 billion. Syngenta is currently the world’s biggest seller of agricultural chemicals, and it is ranked third in seed sales.

Syngenta has rejected the deal, at least for now. The European company says Monsanto is offering a “grossly inadequate” price. It is also wary of pursuing a deal that government regulators in some parts of the world might end up blocking. The company also says it worries about the “reputational risk” of combining with Monsanto — implying that Monsanto is the corporate equivalent of a high school boy who’s not cool.

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Coca-Cola Slowly Deprives 30,000 People of Water in El Salvador


Residents from a Salvadoran municipality have seen a gradual depletion and contamination of their main and only water source since multinational corporations like Coca-Cola started operations there. (photo: Creative Commons)
Residents from a Salvadoran municipality have seen a gradual depletion and contamination of their main and only water source since multinational corporations like Coca-Cola started operations there. (photo: Creative Commons)

 

teleSUR | Reader Supported News | June 10, 2015

The main and only source of water for thousands of Salvadorans is in peril.

 

esidents from a Salvadoran municipality have seen a gradual depletion and contamination of their main and only water source since multinational corporations like Coca-Cola started operations there, activists have denounced.

The municipality of Nejapa, in northern El Salvador, is home to almost 30,000 thousand people who depend on its river San Antonio to satisfy daily activities from hydration and bathing to washing clothes and cattle farming.

Residents complain that since multinational corporations Coca-Cola, Jumex and Agua Cristal have been using industrial wells to exploit and rob most of the water source, there has been a significant decrease in water supply.

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Big Wins for the People Who Clean Our Homes and Care for Our Children


Domestic workers won two surprise victories securing more rights in Connecticut and Oregon last week. (photo: Shutterstock)
Domestic workers won two surprise victories securing more rights in Connecticut and Oregon last week. (photo: Shutterstock)

 

Bryce Covert | ThinkProgress | Reader Supported News | June 10, 2015

ast week, domestic workers — those who care for children and clean inside people’s homes — won two surprise victories securing more rights in Connecticut and Oregon.

Oregon has considered a Domestic Workers Bill of Rights for many years, but then last week it gained traction. “At the last minute, this bill suddenly got the attention of a critical mass of legislators,” said Ai-Jen Poo, director of the National Domestic Workers Alliance. The law would mean that all nannies, house cleaners, and housekeepers who work in people’s homes would have a right to three days off a year, overtime pay for working more than 40 hours a week (or 44 if they live in an employer’s home), meal and rest breaks, 24 consecutive hours of rest each week or eight hours of rest every 24 hours for live-in employees, uninterrupted sleep and the right to cook food for those who live in their employers’ homes, and protections against harassment and discrimination.

Connecticut’s bill is a good deal narrower. It would change the state’s anti-discrimination and harassment statutes so that they include domestic workers, who are currently excluded. It will only apply to employers with three or more workers, however, which will exclude many households that only have one nanny or housekeeper. But as Poo pointed out, the state has “a density of wealthy employers who employ more than one domestic worker in their homes.”

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4 in 5 Americans Are Ignoring Buffett’s Warning


David Hanson | Motley Fool | June 7, 2015

Dear Opportunistic Investor,

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that’s keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.

The catch was: Attendees weren’t allowed to record any of it. No audio. No video.

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Expert Says: “Look who’s going bankrupt next in America”


Mike Palmer | Stansberry Research | Yahoo News | The Crux | June 8, 2015

obama_adv

New currency law—part of H.R. bill 2847—now in effect. Could make situation worse

No one believed Porter Stansberry seven years ago.

As head of one of America’s largest independent financial research firms, Mr. Stansberry’s work back in 2008 led him to a bold, but worrisome, conclusion: That the world’s largest mortgage bankers–Fannie Mae and Freddie Mac, which at the time were responsible for nearly 50% of all the mortgages in America–would soon go bankrupt.

RELATED: Multi-millionaire shares his blueprint for surviving the coming currency collapse.

In fact, in June of 2008, while their stock prices were still trading at well over $20 per share, Stansberry published a report to his customers titled: “Fannie Mae and Freddie Mac Are Going to Zero.”

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Walmart drawing water from Sacramento public water supply – report


RT News | May 12, 2015

Walmart is under scrutiny following the revelation that their bottled water is coming from the public water supply of drought-stricken Sacramento, California. Lindsay France has more on the controversy.

Find RT America in your area: http://rt.com/where-to-watch/
Or watch us online: http://rt.com/on-air/rt-america-air/

429,000 LGBT Workers in Texas Lack Statewide Protections against Ongoing Employment Discrimination


For Immediate Distribution
May 7, 2015

Contact:
Lauren Jow, jow@law.ucla.edu, 310-206-0314310-206-0314

LOS ANGELES — Approximately 429,000 LGBT workers in Texas are vulnerable to employment discrimination absent explicit statewide legal protections, according to a new report co-authored by Christy Mallory, Senior Counsel, and Brad Sears, Executive Director, at the UCLA School of Law’s Williams Institute.  Currently, four localities in Texas prohibit discrimination based on sexual orientation and gender identity in public and private sector employment, and seven localities protect local government workers or employees of local government contractors from such discrimination. Approximately 86% of Texas’ workforce, however, is not covered by these laws.

“A statewide law prohibiting employment discrimination based on sexual orientation and gender identity would bring new protections to thousands of workers without burdening courts and agencies,” Mallory said. “Most likely, the cost of handling complaints filed under the law could be absorbed into the existing enforcement system with no need for additional staff or resources.”

The report finds evidence of ongoing discrimination against LGBT people in Texas:

• In response to a national 2010 survey, 79% of transgender people from Texas reported having experienced harassment or mistreatment at work, and 45% reported that they were not hired, 26% reported that they were fired, and 22% reported being denied a promotion because of their gender identity or expression.

• Census data show that in Texas, the median income of men in same-sex couples is 9% lower than men in different sex marriages.

• Aggregated data from two large public opinion polls find that 79% of Texas residents think that LGBT people experience a moderate amount to a lot of discrimination in the state.

• Several recent instances of employment discrimination against LGBT people in Texas have been documented in the media and lawsuits; these include reports from teachers, a detective, an architect, and a bank employee.

• Survey data show that, nationally, 21% of LGBT respondents report being treated unfairly by an employer in hiring, pay, or promotions.

Employer policies and public opinion indicate support for non-discrimination protections for LGBT people in Texas:

• At least 40 of the 51 Fortune 500 companies based in Texas have policies prohibiting discrimination based on sexual orientation, and at least 22 of them also prohibit discrimination based on gender identity.

• In response to a national poll conducted in 2011, 73% of respondents from Texas said that employment discrimination based on sexual orientation and gender identity should be prohibited in the U.S.

A statewide law prohibiting discrimination based on sexual orientation and gender identity would not be burdensome or costly to enforce:

• The law would result in approximately 202 additional complaints being filed each year with the Texas Workforce Commission Civil Rights Division.

• The anticipated new complaints could most likely be absorbed into the existing system with no need for additional staff and negligible costs.

Findings from the Texas report are consistent with national data.

Click here for the full report.

– See more at: http://williamsinstitute.law.ucla.edu/press/press-releases/429000-lgbt-workers-in-texas-lack-statewide-protections-against-ongoing-employment-discrimination/#sthash.X5JMJFfX.dpuf

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