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Categories:
Environmental and Energy IssuesSocial Issues and Concerns
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Recent NewsDecember 13, 2008 In crisis, mutual funds fail to speak upSource: Reuters Lawmakers are angry and individual investors are livid. But if mutual funds are mad, they sure aren't showing it. The $9.6 trillion U.S. funds industry is keeping almost stoically silent through the worst financial crisis in 80... December 12, 2008 Goldman compensation fund to drop to $12 bln-paperSource: Reuters Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) will announce next week its compensation fund, out of which it will pay this year's bonuses, is expected to be about $12 billion, well below last year's $20... December 12, 2008 Concern for Climate Change Defines Energy Dept. NomineeSource: Washington Post The man tapped to be the next secretary of energy, Nobel Prize-winning physicist Steven Chu, recently compared the danger of climate change to a problem with electrical wiring in a house. December 12, 2008 This year's worst CEOsSource: Kansas City Star.com Charles Prince, formerly of Citigroup, Rick Wagoner, General Motors, John J. Harris, Nestle Waters, Bruce Williamson, Dynegy - That's a rogues' gallery of CEOs who ran their companies with "unbridled greed" and a "lack of... December 12, 2008 Treasury sees TARP funds for financial sectorSource: Reuters The Treasury Department maintains that a $700-billion bailout fund approved by Congress is best used in trying to stabilize the nation's troubled financial sector and a spokeswoman indicated on Thursday night that was unlikely to... December 12, 2008 Calif. expected to crack down on diesel emissionsSource: Associated Press Fresh off adopting a sweeping plan to reduce greenhouse gases, California air regulators are considering cracking down on pollution from nearly a million diesel trucks that crowd the state's highways each year December 12, 2008 Madoff arrested in alleged Ponzi schemeSource: MarketWatch Bernard Madoff, former Nasdaq Stock Market chairman and founder of Bernard L. Madoff Investment Securities LLC, was arrested and charged with securities fraud Thursday in what federal prosecutors called a Ponzi scheme that could... December 12, 2008 Federal Coordinator Douglas O'Dell Emphasizes the Importance of Businesses Developing Continuity of Operations PlansSource: Department of Home Land Security New Orleans, La. – General Douglas O'Dell, President George W. Bush's federal coordinator for Gulf Coast rebuilding, has strongly emphasized the importance of businesses developing continuity of operations plans, or COOP plans,... December 12, 2008 California's AB32 Scoping Plan Retains Value of the Voluntary Renewable Energy MarketSource: CSRwire Center for Resource Solutions applauds decision to give voluntary market purchases full environmental value under cap and trade regime. (CSRwire) SAN FRANCISCO,CA. - December 12, 2008 - By giving voluntary renewable energy... December 11, 2008 Most Americans favor government intervention in economySource: Los Angeles Times Sixty percent of those surveyed back assistance for homeowners facing foreclosure, and 64% favor tighter regulation of financial institutions. But lukewarm support is shown for helping carmakers. December 11, 2008 IBM Study Shows Consumers More Concerned About Food SafetySource: CNN Money A recent study by IBM Institute for Business Value shows concern over food safety has risen sharply around the world in the past two years, and says consumer-products companies need to make their products fully traceable to... December 11, 2008 Bush urges Obama to keep Darfur pressure on SudanSource: AFP US President George W. Bush, in a message seemingly aimed at successor Barack Obama, said Wednesday the United States must keep pressure on Sudan's government over its war-torn Darfur region.
December 11, 2008 Trouble in Europe’s Carbon Offsets BusinessSource: New York Times Europe’s largest certifier of carbon-dioxide offsets in developing countries has been suspended, according to a report in Nature magazine. The executive board of the United Nations Clean Development Mechanism took the action late... December 11, 2008 Before Summit, E.U. Debates Limits on Carbon EmissionsSource: Washington Post With delegates from around the world struggling to make progress here toward a new agreement on combating global warming, the European Union is locked in its own contentious debate over whether to toughen limits on carbon... December 11, 2008 Effort to Relax Pollution Limits Is DroppedSource: New York Times The Bush administration said Wednesday that it was abandoning its pursuit of two proposed regulations relaxing air-pollution standards for power plants, surprising both industry and environmentalists by ending its pursuit of one... December 11, 2008 GM, Chrysler Short of Time as Senate Debates RescueSource: Bloomberg.com The debate over the automaker bailout in Congress has become a race against the clock. The U.S. House voted 237-170 last night to approve emergency loans for General Motors Corp. and Chrysler LLC, shifting the focus to the... December 11, 2008 Manufacturing CFOs Remain Resilient Despite Deteriorating Economy According to 11th Annual Bank of America Business Capital CFO Outlook SurveySource: Bank of America Manufacturing Sector Confidence Lowest in History of Survey. NEW YORK -- Even in this economic downturn, half of manufacturing company CFOs recently surveyed expect their company’s revenues to increase in the coming year – and... December 11, 2008 IBM Ranks #1 on Climate Change Strategies in Ceres ReportSource: CSRwire (CSRwire) ARMONK, NY -- (MARKET WIRE) -- 12/11/08 -- IBM (NYSE: IBM) was today named the top company for climate change strategy and practices, in a report released by the Ceres investor coalition. The report issued today... December 11, 2008 New Catalogue of Corporate Social Responsibility, Cause Marketing in the Americas Released by PADFSource: CSRwire (CSRwire) WASHINGTON, Dec. 11 /PRNewswire-USNewswire/ -- An innovative catalogue of corporate social responsibility and cause-related marketing opportunities in Latin America and the Caribbean has been released by the non-profit... December 10, 2008 Lawmaker: Fannie Mae CEO made poor choicesSource: MarketWatch Mortgage giants Fannie Mae and Freddie Mac made irresponsible investments in recent years that cost taxpayers billions of dollars, said House Oversight Committee chairman Henry Waxman on Tuesday citing internal documents. December 10, 2008 Obama urged to fund watchdog agenciesSource: San Francisco Chronicle As George Bush's presidency draws to an end, watchdog groups are calling for President-elect Barack Obama's administration to fully fund federal agencies that relaxed monitoring of water, air quality and the safety of the food... December 10, 2008 Air board to move on global warming proposalsSource: San Francisco Chronicle California will decide this week whether to adopt the nation's most comprehensive plan to combat global warming and to impose the most restrictive regulations on heavy-duty diesel trucks, a move that would impact nearly 1 million... December 10, 2008 Carbon trade in U.N. climate spotlightSource: Reuters Tropical forests and coal plants may get money to curb greenhouse gases under a United Nations-led carbon market from 2013 if climate negotiators meeting in Poland can defuse criticism of the present scheme. December 10, 2008 Accounting not behind economic crisis -IASB memberSource: Reuters A controversial accounting rule used to value hard-to-price assets did not cause the current financial crisis, an International Accounting Standards Board member said on Tuesday.
December 10, 2008 SEC to change accounting rules: Bridging the gap between GAAP and IFRSSource: WRAL_Local Tech Wire The U.S. Securities and Exchange Commission ("SEC") has announced a proposed timetable for U.S. public companies to transition from use of the United States Generally Accepted Accounting Principles ("GAAP") when preparing... |
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