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Recent News

December 17, 2008
Wish List for Obama: Environment Experts' Top Requests

Source: National Graphic News

President-elect Barack Obama announced the nation's new environment team yesterday—a list of seasoned administrators and academics poised to take on a tower of growing environmental concerns.

 

December 17, 2008
Finding Good News in Falling Prices

Source: New York Times

Very few Americans alive today can remember a time when prices across the economy were falling. But they’re falling now. The cost of fruits, vegetables, clothing and vehicles are all dropping. Housing prices have been falling for...

December 17, 2008
Deloitte and Kyoto Publishing Release 'The Sustainable Enterprise Report' to Help Turn Awareness into Action

Source: CSRwire

(CSRwire) NEW YORK AND VANCOUVER, B.C., December 17, 2008 — Deloitte and Kyoto Publishing, a division of Kyoto Planet Group, today released the second edition of "The Sustainable Enterprise Report: Turning Awareness into Action"...

December 17, 2008
Troubled Asset Relief Program (TARP) Pose Real Challenges and Risks Certifying Executive Compensation!

Source: CSRwire

Join OCEG on December 18th at 4:30pm for a Special Webcast Risky Business: Establishing & Certifying Appropriate Executive Compensation. (CSRwire) PHOENIX, AZ. - December 17, 2008 - The executive compensation certification...

December 16, 2008
National Lampoon CEO Among Seven Individuals Charged With Securities Fraud

Source: Market Watch

Acting United States Attorney Laurie Magid today announced the unsealing of three indictments and an information charging seven individuals with conspiracy and securities fraud. The charges pertain to four separate schemes...

December 16, 2008
NY Gov's $121 bln budget shuts hedge fund loopholes

Source: Reuters

New York Gov. David Paterson on Tuesday proposed a new $121.1 billion budget that increases spending by 1.1 percent and relies on cuts as well as higher taxes and fees to close a 15-month $15.4 billion deficit.

 

December 16, 2008
FDA lists progress on food import safety

Source: Pacific Shipper

The Food and Drug Administration has given itself high marks on boosting the safety of food imports. “Every day, the FDA is working with foreign countries, states and local governments, regulated industry and consumer groups to...

December 16, 2008
KB Home Ex-Official Pleads Guilty to Obstruction

Source: The Wall Street Journal

KB Home's former head of human resources agreed to plead guilty to conspiring to obstruct justice in connection with a backdating scandal that came to light at the home builder in 2006.

December 16, 2008
Trade talks not close to a deal after long effort

Source: Washington Times

The political determination of the world's emerging economic powers not to bend to the demands of the United States featured prominently in the latest setback in the beleaguered Doha round of global trade talks.

 

December 16, 2008
Momentum builds for energy independence

Source: Chicago Tribune

Breaking America's foreign-oil addiction was all the rage on Capitol Hill when gas cost $4 a gallon. Now that it's under $2 and falling, history suggests the enthusiasm for alternative fuels and more-efficient cars will subside....

December 16, 2008
Calvert Launches Three New Funds

Source: MarketWatch

Large Cap Value Fund employs new "SAGE" approach to sustainable investment management; High Yield and Short-Term Government Bond Funds added to fixed income line-up

December 16, 2008
Banking failures raise corporate governance awareness

Source: Professional Adviser

Failures in the banking system have raised consumer awareness of corporate governance issues and will lead to investors asking considerably more in-depth questions of advisers in future, according to Co-operative Asset Management...

December 16, 2008
U.S. tightens the tap on water from Northern California

Source: Los Angeles Times

Federal wildlife officials on Monday released new restrictions on pumping water from Northern California, further tightening the spigot on flows to Southern California cities and San Joaquin Valley farms.

 

 

December 16, 2008
Crude Oil Rises as OPEC Members Prepare to Reduce Production

Source: Bloomberg.com

Crude oil rose after Venezuela’s oil minister said OPEC will reduce production by at least 1 million barrels a day in an effort to stem a slump in prices.

 

December 16, 2008
Fed Readies for Balance Sheet Tool as Rate Nears Zero

Source: Bloomberg.com

The Federal Reserve may today reduce its main interest rate to the lowest level on record and prepare for one of the boldest experiments in its 94-year history: using its balance sheet as the key tool for monetary policy.

 

December 16, 2008
SEC Charges Siemens AG for Engaging in Worldwide Bribery

Source: Securities and Exchange Commission

Washington, D.C.— The Securities and Exchange Commission has announced an unprecedented settlement with Siemens AG to resolve SEC charges that the Munich, Germany-based manufacturer of industrial and consumer products violated...

December 16, 2008
Improving Sustainability: A New Tool to Increase Corporate Transparency

Source: CSRwire

(CSRwire) ZUG, SWITZERLAND. - December 16, 2008 – ASSET4 AG, the leading provider of environmental, social and corporate governance (ESG) information, today announced that it has just released its assetmasterExecutive(TM)...

December 16, 2008
The Latest Corporate Social Responsibility News - Community Investing Withstands Attack, Honors Exemplary Practitioners

Source: CSRwire

December 16, 2008 - The race to blame the Community Reinvestment Act (CRA) for the subprime meltdown marched on last week with a New York Times op-ed by Howard Husock of the Manhattan Institute, a conservative, market-oriented...

December 16, 2008
'Retooling' the Approach to Measuring Corporate Impact on Ecosystems

Source: CSRwire

Groundbreaking BSR Report Helps Companies Protect the Environment--and Their Bottom Line. (CSRwire) San Francisco - December 17, 2008 - With an increasing number of corporations recognizing the importance of the environment to...

December 15, 2008
Fed mulls interest rate cut, maybe to all-time low

Source: Associated Press

With the country spiraling deeper into recession, the Federal Reserve is ready to slash its key interest rate — perhaps to an all-time low_ in hopes of cushioning some of the economic fallout felt by many struggling Americans

December 15, 2008
WH Plan for Detroit Still in Garage

Source: ABC News

The White House is not expected to wrap up a bailout for Detroit's Big Three automakers by Monday, leaving stocks open to a yet another potential selloff and the clock ticking down to what automakers say could soon become an...

December 15, 2008
Commercial Real Estate...the next bust?

Source: Examiner.com NY

In the last year we have bore witness to economic corrections resulting in the folding of a housing market, a credit lockup, a failing financial sector, a recent oil pop, insurance and rating agency scandals, forced redemptions,...

December 15, 2008
XBRL standard could highlight financial risks

Source: CNET News - CA

Just days before a federal regulatory body will vote on whether to require publicly traded companies to use a specific business data language to report their financial data, IBM is launching a major initiative to create new...

December 15, 2008
After dangerous lull, war on climate change faces crunch year

Source: AFP

After a year in which it nearly lost its compass, the campaign against climate change heads into 2009 needing top-level political commitment, creative thinking and a deep well of money.

 

December 15, 2008
SEC Had Chances for Years to Expose Madoff's Alleged Ponzi Scheme

Source: The Wall Street Journal

An enforcement case 16 years ago gave the Securities and Exchange Commission its first shot at figuring out how Bernard Madoff could rack up favorable returns with such uncanny consistency. After that, it received repeated...

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