BUSINESS
April 17, 2012 | By Tiffany Hsu
The American Legislative Exchange Council, or ALEC, said it is shutting down a task force that helped draft voter ID and “stand your ground” gun legislation after major firms such as Coca Cola and Kraft cut ties with the conservative group. In eliminating the ALEC Public Safety and Elections task force, organization leaders said they would be “redoubling our efforts on the economic front” and taking its eye off issues unrelated to jobs, markets and competitiveness.
BUSINESS
April 6, 2012 | By Tiffany Hsu
Coca-Cola Co. and Kraft Foods Inc. bowed to consumer pressure this week and cut ties with the American Legislative Exchange Council, a conservative lobbying group that has recently backed controversial voter ID and so-called “stand your ground” laws. Within hours of advocacy group Color of Change launching a boycott against Coca-Cola for its participation on ALEC's Private Enterprise Board, the soft drink giant issued a statement saying that it had “elected to discontinue its membership.” But the company blamed ALEC's support of “discriminatory food and beverage taxes” instead of “issues that have no direct bearing on our business.” “We have a long-standing policy of only taking positions on issues that impact our company and industry,”Coca-Colasaid.
WORLD
January 24, 2012 | By Henry Chu and Paul Richter, Los Angeles Times
Europe slapped a boycott on Iranian oil Monday, signaling that the Islamic Republic's second-largest market is likely to dry up as part of a U.S.-led sanctions campaign that has already inflicted serious damage on Iran's economy and sharply increased tensions. The value of Iran's currency is falling dramatically, prices are rising and Iranians are stocking up on supplies in fear of worse to come. Iran, which receives an estimated 70% of its revenue from oil sales, has threatened to retaliate by choking off the flow of oil through the Strait of Hormuz at the southern end of the Persian Gulf.
SPORTS
November 15, 2011 | By Mike Bresnahan
The first sign of inclement weather in the so-called nuclear winter arrived Tuesday when Carmelo Anthony, Kevin Durant and a handful of other players sued the NBA with antitrust lawsuits at federal courts in Oakland and Minneapolis. Perennial All-Stars Anthony and Durant said the NBA violated antitrust laws and conspired to "boycott players" by attempting to force them to take massive reductions in compensation. The 30 NBA teams were named as defendants in the class-action suit filed in Oakland on behalf of the NBA's 439 players.
CALIFORNIA | LOCAL
November 9, 2011 | David Zahniser
A Los Angeles City Council panel voted Tuesday to recommend a contract worth up to $97.5 million for a company with 9,000 employees in Arizona, drawing complaints that such a move would violate the city's boycott of the state. The council's Energy and Environment Committee backed a 15-year agreement with Honeywell International despite opposition from Councilman Ed Reyes, a co-author of the Arizona ban. L.A.'s boycott was approved last year to protest Senate Bill 1070, the Arizona law cracking down on illegal immigration.
NEWS
October 14, 2011 | By Seema Mehta, Los Angeles Times
GOP presidential hopeful Michele Bachmann said she would boycott the Nevada caucuses because of the Silver State's plan to hold its contest in mid-January, a move that could force New Hampshire to hold its first-in-the-nation primary in December. “We're supporting New Hampshire's effort to be the first primary in the nation,” Bachmann said Thursday after speaking to students at Morningside College. An aide later clarified that the Minnesota congresswoman meant that she would not take part in the caucuses, but would be at Tuesday's debate in Las Vegas.