The Pentagon has spent billions of dollars over the past decade to modernize its accounting systems, but many of these projects have ended in failure or fallen short of expectations. Today’s graphic looks at seven major Pentagon projects, how long they took and how much they cost.
The U.S. armed services are spending billions of dollars to store – and sometimes destroy – excess equipment and outdated materiel. Reuters Investigative Reporter Scot Paltrow visited the military warehouses where the waste is on display.
Last week, Reuters published a startling investigative series on the economic empire behind Iran’s supreme leader and a little-known organization that he controls, which was created to help the poor and has morphed into a business juggernaut worth tens of billions of dollars. The three-part series, the result of six months of work by Reuters Senior Correspondent Steve Stecklow and team, exclusively reveals that the organization called Setad – which holds $95 billion in assets, according to Reuters calculations – built its empire on the systematic seizure of thousands of properties belonging to ordinary Iranians. In a Reuters Best: Journalist Spotlight Q&A, Steve offers an inside look at the extensive reporting behind the series.
18 Nov 2013Thomson Reuters
Q. How did this story get started?
A. This story actually began during a dinner with Global Enterprise Editor Mike Williams in London back in March when I mentioned, almost in passing, that I had heard that Iran’s supreme leader may control tens of billions of dollars. He insisted I do the story. I then began recruiting people to help me. (more…)
This week, Reuters published a stunning investigative series on “private re-homing” in America – an alarming practice where parents unload unwanted children whom they previously adopted. The series, the result of 18 months of work by Reuters investigative reporter Megan Twohey, exclusively reveals America’s underground market for adopted children, where parents are advertising their children in online forums and transferring custody with little to no regulation or oversight, leaving the children highly vulnerable to abusive situations.
13 Sep 2013Thomson Reuters
In partnership with NBC News, the series was featured on multiple segments on NBC’s Today Show and Nightly News. Megan has also been interviewed by Voice of Russia Radio, PBS Newshour and multiple NPR programs, among many others – and the story has gone viral online, with dozens of mentions from news outlets around the world.
In a Reuters Best: Journalist Spotlight Q&A, Megan offers an inside look at the extensive reporting behind her series. (more…)
In a stunning five-part investigative series titled The Child Exchange, Reuters exclusively revealed America’s underground market for adopted children. After an 18-month-long investigation, Reuters reporter Megan Twohey found that desperate parents turn to Internet forums to seek new homes for children they regret adopting. Often, the boys and girls are casualties of international adoptions gone sour. The unwanted children are then passed to strangers, sometimes illegally, and with little or no government scrutiny.
A unit within the U.S. Drug Enforcement Administration teaches its agents to cover up their investigations and keep secret the tips they pass along to cops, creating something called parallel construction. Here’s how it works:
The Reuters Chesapeake Energy team has received another prestigious honor, winning this year’s Thomas L. Stokes Award for the best writing on the subject of energy, presented by the National Press Foundation. This is the sixth recognition for the series, including the Loeb Award and another nomination, a SABEW Award, a Deadline Club Award finalist and an honorable mention in the Barlett & Steele Award competition. Previous years’ Stokes winners have included Bloomberg Markets, ProPublica and the Center for Public Integrity.
29 Jul 2013Thomson Reuters
The “Inside Chesapeake Energy” series, written by Brian Grow, Anna Driver, Joshua Schneyer, Janet Roberts, Jeanine Prezioso, David Sheppard, John Shiffman and Carrick Mollenkamp and edited by Blake Morrison and Michael Williams, is a series of in-depth reports and news scoops on Chesapeake Energy Corp and its founder Aubrey McClendon. The meticulous investigative reporting by the Reuters team began in July 2011, revealing a number of questionable activities and ultimately triggering criminal and civil probes, a board shakeup and McClendon’s retirement.
Just over three years ago, Congress enacted legislation that overhauls the U.S. health care system and affects nearly all taxpayers, many employers, and many elements of the health care industry. The legislation contains a host of tax changes, many of which are both complex and novel. Some already have gone into effect, some go into effect this year, and still others will be in place in 2014 and 2018.