Corporations Give $54-Million to Disaster Relief in China

American corporations have pledged at least $54-million in cash and noncash support to help earthquake victims in China. The figure is the third largest ever given by American businesses for international aid. Approximately 19 companies have pledged at least $1-million. Leading the effort is Amway, a direct-sales company, with $4.3-million, and Wal-Mart, with more than $3-million. Figures were compiled by the Business Civic Leadership Center at the Commerce Department.

Full-text article by Ylan Q. Mui is available via the Washington Post, 5.27.08.