JERUSALEM (JTA) — The United Nations Human Rights Council has sent letters to 150 companies warning them that they will be placed on a database of companies that do business in Israeli settlements. Caterpillar, Priceline.com, TripAdvisor and Airbnb are among the 30 U.S. companies on the list. The letters sent by the U.N. high commissioner for…
Caterpillar Inc was sued on Friday March 2 for allegedly deceiving shareholders about its business, one day after federal law enforcers raided three of its buildings in connection with a probe into the heavy machinery manufacturer’s offshore tax practices. In a complaint filed in Chicago federal court, Jacob Newman accused Caterpillar of defrauding him and…
WASHINGTON – While “Israel apartheid week” events on campus and student government boycott resolutions have been grabbing the attention of pro-Israel organizations, a potentially more consequential battle over pressuring Israel has been raging in corporate boardrooms and shareholder meetings. The target audience for these efforts: investors concerned about the social and moral aspects of their…
The Oberlin College Student Senate endorsed a resolution that calls for the college to divest from six companies that do business in the occupied Palestinian territiories. Following a three-hour discussion, the resolution was approved “by majority” on Monday, the Oberlin College Students for a Free Palestine said in a news release. The six companies are…
The General Assembly of the Presbyterian Church (USA) rejected divestment from companies doing business with Israeli security forces in the West Bank but approved a measure backing a boycott of goods made in the Occupied Territories. The 333-331 vote, with two abstentions, in Pittsburgh late Thursday was the closest that the boycott, divestment and sanctions…
The Presbyterian church is on the brink of approving a long-debated measure to divest church funds from three companies that do business with Israel. The move, opposed by mainstream Jewish groups, was overwhelmingly approved by a vote of 36 to 11 by a committee of the Presbyterian Church (USA) on July 3. The church’s general…
The high dam mounted against the movement to boycott, divest from and sanction Israel has sprung its first significant leak ? and for opponents of the BDS movement, as it is known, the timing could not be worse. In its general assembly, taking place between June 30 and July 7, the largest Presbyterian denomination in…
Controversy over the Israeli army’s use of Caterpillar Inc. bulldozers to demolish Palestinian homes was a “key factor” in a corporate rating agency’s decision to drop the American manufacturer from its list of socially responsible companies. The ratings agency, MSCI, downgraded Caterpillar in February, dropping it from several indices in which it lists companies with…
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