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Corporate Greed

News Release
1/12/2015
Posted by Liza Tucker
Santa Monica, CA -- Sacramento Superior Court has denied Boeing’s motion for summary judgment in a California Environmental Quality Act (CEQA) lawsuit over the demolition and disposal of radioactively contaminated structures from the site of a partial nuclear meltdown near Los Angeles, Consumer Watchdog said today. “This is an...
Video
1/5/2015
Posted by Mark Reback
MID-CITY (CBSLA.com) — Drivers are rejoicing after the price of crude oil dropped again Monday, signaling another fall for gas prices. Crude oil slipped to below $50 per barrel for the first time in five years, and experts predict prices at the pump could remain in the range of $2 per gallon into the spring. The dwindling numbers are tied to...
News Story
12/26/2014
Posted by Mark Reback
SAN FRANCISCO — One wireless phone plan allows customers to upgrade to a new phone in less than two years. Another allows a pool of data to be shared across multiple devices. Yet another offers unlimited data, but only at slower Internet speeds. All these perks are there for the taking, yet the average wireless phone bill continues with its...
News Story
12/22/2014
Posted by Mark Reback
Jamie Court calls it the “January surprise.” Court, president of the Consumer Watchdog nonprofit, is convinced oil companies may try to artificially inflate California’s gasoline prices in January. The reason? Come the new year, California’s cap-and-trade system for reining in the greenhouse gases behind global warming will...
News Story
12/11/2014
Posted by Mark Reback
If an avalanche of citizen initiatives morphs the 2016 ballot pamphlet into an encyclopedia-size volume, blame it on California’s growing legion of nonvoters. November’s record-low turnout means it will be easier than ever to qualify a voter initiative for the ballot, and plenty of groups pushing a cause will probably take advantage....
News Story
11/17/2014
Posted by Mark Reback
The $100 million spent by insurance companies against two pro-consumer initiatives, coupled with an historically low voter turnout, was a recipe for consumers to lose on Election Day. Total spending for and against California Propositions 45 and 46 outpaced even the most expensive U.S. Senate race in the nation - North Carolina's - where the...
News Story
11/12/2014
Posted by Mark Reback
The midterm elections were held on Nov. 4, 2014. Although not a major presidential election, this election determined which political party would have control of the Senate for the next two years. In order to have a majority in the Senate, 51 out of the 100 seats needed to be filled by one political party. The Republican Party was able to obtain...
News Story
11/11/2014
Posted by Mark Reback
NASA announced today that officials signed a lease with Google's Planetary Ventures LLC to manage Moffett Federal Airfield and rehabilitate the landmark Hangar One. The agreement comes more than three years after Google's top executives offered to restore the massive hangar built in the early 1930s. Planetary Ventures was awarded the...
News Story
11/11/2014
Posted by Mark Reback
The tech giant will pay $1.16 billion over the course of a 60-year lease in order to conduct research at the Moffett Federal Airfield in California. According to a NASA statement, Google Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) will use the site for research, development, assembly and testing related to “space exploration, aviation, rover/robotics...
News Story
11/11/2014
Posted by Mark Reback
MOUNTAIN VIEW -- In a deal that promises to restore Moffett Field's beloved Hangar One, Google on Monday said it would spend more than $200 million to rehab that and two other hangars, create an educational center and assume management for much of the historic air base, drawing cheers from preservationists.     Saying it will...