FTI axed by clients in fallout over oil industry work | Financial Times

FTI Consulting has been dumped by at least three of its clients while several global asset managers are reviewing their relationship with the business advisory and public relations consultancy, as the fallout from a media report about controversial work for the oil industry intensifies.  MSCI, the ratings and index provider and CDP, a non-profit group…

How utilities use secret campaigns against climate action

Federal investigators have accused Ohio’s recently deposed House speaker of running a racketeering ring. The question now is whether they will charge the utility that financed it. The case has significant implications for how corporations seek to shape public opinion on climate and energy policy. Electric utilities have joined the rush to employ dark money…

CPA’s Bombshell Report on #DarkMoney

The always-terrific Center for Political Accountability has released a very significant new report called Conflicted Consequences, documenting the growth, and pernicious political impact of dark money 527 groups. The report reveals that between 2009 and 2018, six large, partisan state- oriented 527 committees – Democratic and Republican — cumulatively raised $1.3 billion. “Taking full advantage…

Costco, Safeway, Ralph’s Grocery: Claim to Support #BLM but Lobby for Incarceration Bill

Judd Legum identifies Costco, Safeway, and Kroger subsidiary Ralph’s as corporations that claim to support racial equality but are backing California’s Prop 20, which would roll back prison reform that has reduced crime and costs. Thank you @RalphsGrocery and @Safeway for standing with victims against violence and abuse. #JusticeForVictims #Safety #KeepCalSafe pic.twitter.com/3JLZU6gg3D — Yes on…

Dark Money: It’s Time for Boards and Institutional Investors to Act on Racial Justice

Bruce Freed of The Center for Political Accountability and Eleanor Bloxham of The Value Alliance have an important op-ed in Barron’s about the long-standing opposition of the Big 3 institutional investors – BlackRock, Vanguard and Fidelity — to shareholder resolutions calling for disclosure of political disclosure and the connection to corporate political spending that has…

The Secret Battle to Strip Your Coronavirus Rights – TYT.com

“We have your back,” Bank of America says in a new video about the coronavirus. “We’re in it together.” But while Bank of America and other companies present a supportive face, some are working behind your back to make it harder to seek justice for corporate wrongdoing related to the coronavirus. Corporate lobbyists — including…