Press Releases

10/26/2015

New Corporate Misconduct Database Identifies Largest Environmental, Health and Safety Violators

 Washington, DC, October 27, 2015—Eight large corporations and their subsidiaries have each been penalized more than $1 billion for environmental, health and safety cases brought by federal regulatory agencies since 2010. A total of 40 parent companies have paid $100 million or more in such penalties. The list is topped by BP, whose $25 billion total—coming mostly from cases relating to the 2010 Deepwater Horizon disaster—far exceeds that of any other company. (“Penalty” is defined here as including not only federal cash fines but also related state fines as well as the cost of supplementary environmental projects companies are often compelled to undertake as part of settlements).

10/19/2015

Study: Despite States’ Pro-Small Business Rhetoric, Big Businesses Get Dominant Share of Economic Development Dollars

Washington, DC, October 20, 2015—Governors and state legislators routinely praise small businesses for their contributions to economic growth and job creation, but states actually give big businesses the dominant share of their economic development incentive awards.

09/27/2015

Survey: Small Business Group Leaders Say States Favor Big Businesses at the Expense of Small Firms Seeking to Grow 

Washington, DC, September 29, 2015— A national survey of 41 leaders of small business organizations representing 24,000 member businesses in 25 states reveals that they overwhelmingly believe that state economic development incentives favor big businesses, that states are overspending on large individual deals, and that state incentive programs are not effectively meeting the needs of small businesses seeking to grow.