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UK to end 30-year privatization of military housing by paying property group Annington nearly £6 billion for 36,000 properties. Buyback will save £230 million in annual rent, and stem total losses of £8 billion.
McKinsey consultants to pay $122 million fine for alleged bribery of South African officials to win contracts to oversee the country’s electric generating system and to manage its freight rail system and ports.
https://www.nytimes.com/2024/12/05/world/africa/mckinsey-bribery-case-south-africa.html
Coca-Cola accused of quietly deleting its 25% reusable packaging target published in 2022 from website - campaigners say call action is a ‘masterclass in greenwashing.' Company is one of the world's largest plastic polluters in the world.
Prince Harry pledges to continue legal fight against Rupert Murdoch’s UK tabloids for hacking celebrity phones and invade their privacy. “The goal is accountability."
Prince Harry continues his legal battle against Rupert Murdoch's tabloids, alleging phone hacking and unethical journalism. He champions accountability and contrasts tabloid practices with the work of journalists like Maria Ressa. Despite the financial burden, Harry remains determined to fight for himself and others affected, even as he acknowledges the personal strain of media scrutiny.
Internal documents show that Google was aware that Project Nimbus, a $1.2 billion cloud computing contract with the Israeli military, would be linked by repression in Palestine.
https://www.nytimes.com/2024/12/03/technology/google-israel-contract-project-nimbus.html
Indigenous peoples (Turiwara and Tembé) in Para block Norsk Hydro workers and police over damage caused by Mineração Paragominas's bauxite mining.
How Nvidia CEO Jensen Huang avoided paying $8 billion in taxes by taking advantage of loopholes in the federal estate and gift laws - a case study in how the ultrarich bend the U.S. tax system for their benefit.
https://www.nytimes.com/2024/12/05/business/nvidia-jensen-huang-estate-taxes.html
U.S. judge rejects Boeing’s proposal to plead guilty to defrauding government in connection with fatal 737 Max crashes & pay $487.2 million fine, because deal inadequately holds Boeing accountable for the tragedies.
https://www.nytimes.com/2024/12/05/us/politics/boeing-max-guilty-plea-rejected.html
Entertainment giants like Ticketmaster accused of fleecing fans by marking up tickets with extra 'fees' for booking and processing etc that increase prices as much as 41% over stated price - which are not shared with artists.
South Western Railway to become first UK train operator nationalized under new government plans to fully reverse privatization of British Rail.
