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News & Updates
Source: USA Today
Expect sparks to fly Tuesday as senators get a rare chance to grill the heads of seven major pharmaceutical companies under oath about the budget-busting prices of prescription drugs.
The company wrote down the value of its Kraft and Oscar Mayer brands by $15 billion, posted a $12.6 billion loss, cut its dividend by 36% and announced its accounting practices are under investigation by the Securities and...
February 22, 2019 Ford hires outside firm to investigate US fuel economy and emissions compliance after employees raise concernSource: CNBC
Ford announced Thursday the motor company is hiring an outside firm to conduct an investigation into its internal process for complying with U.S. fuel economy and emissions standards.
February 21, 2019 Disney, Nestle pull YouTube ads in uproar over child videosSource: Engadget
YouTube is still grappling with predatory comments on child videos, and it's once again facing the consequences. Bloomberg has learned that Disney, Fortnite creator Epic Games, Nestle and Oetker have "paused" spending on YouTube...
February 21, 2019 UBS fined €3.7bn in tax fraud caseSource: BBC
Swiss banking giant UBS has been fined €3.7bn (£3.2bn; $4.2bn) in a French tax fraud case.
February 20, 2019 Vast Majority of Employees Say There’s an Urgent Need for Moral Leadership in Business Today – But It’s All Too Rare, New Report SaysSource: Globe Newswire
NEW YORK -- The vast majority of U.S. employees – 87% – say business today urgently needs moral leadership. That’s according to a new report “The State of Moral Leadership in Business 2019” released today by LRN Corporation.
February 14, 2019 The former Apple lawyer who was supposed to keep employees from insider trading has been charged with insider tradingSource: CNBC
Gene Levoff, senior director of corporate law and corporate secretary until September, "traded on material nonpublic information about Apple's earnings three times during 2015 and 2016," according to the lawsuit filed Wednesday...
February 11, 2019 Major recall for more vehicles that have Takata airbagsSource: Fox Atlanta
LOS ANGELES, Calif. (FOX 11) - A major recall was announced on Friday for another 1.7 million vehicles that have Takata airbags. Luxury cars are among vehicles being recalled, including Tesla, BMW, Mercedes, and Ferrari.
February 8, 2019 Business Ethics And Integrity: It Starts With The Tone At The TopSource: Forbes
More and more news stories are breaking about CEOs leaving their role amid accusations of ethics breaches and lack of integrity.
February 7, 2019 Humans Are Eating Most of Earth's Largest Animals to ExtinctionSource: Live Science
According to the authors, at least 200 species (70 percent) of the world's largest animals are seeing their populations dwindle, and more than 150 face the risk of outright extinction
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