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Business Scandals news at Biz News Blog is a listing of all the
posts relating to Business Scandals, court cases involving business,
fraud, and business leaders that are sent to prison.
Business Ethics Blog>
Business
News Categories> Business Scandal News
- Andrew
Fastow of Enron gets Six Years - The man that engineered the
accounting fiasco of the energy trading company Enron has been sentenced
to serve six years in prison. Andrew Fastow received a lighter sentence
after pleading guilty to two counts of fraud and for testifying against
two major Enron executives, Kenneth Lay and Jeffrey Skilling.
- Australian
Uranium off to China - John Howard and the Australian government
have agreed to sign a deal to ship large quantities of uranium to
China. Australia and China will sign an agreement today, and plan
to ship nuclear fuel to China within four years.
Australian Foreign Minister Alexander Downer has put a positive spin
on the deal, claiming that it does not make any difference whether
they send nuclear fuel to China or not.
- Google
Settles Click Fraud Case - The internet search engine Google
has settled a "Click-Fraud" lawsuit for $90 million USD.
The group of companies claimed that the text ads that they paid for
were not legitimate.
- Enron's
Andrew Fastow in Court - The Enron drama is unfolding daily
on every news channel recently, with the media making it sound more
interesting than it probably is. The star prosecution witness, Andrew
Fastow is the main man at the moment.
Fastow was the chief financial officer for Enron that profitted by
millions while the company fell down around him.
- McDonalds
Sued Over Fries - There was once a time when the big yellow
arches happily served us whatever they chose. As long as it was quick
and tasted something like food, customers didn't mind too much what
was in the food.
Posts
that are related to Business Scandals, but do not focus on the subject..
- XXX
Domain Names - After the recent rejection of the .XXX domain
by ICANN, a Florida based company is planning to sue the US government
because of the influence it had on ICANN.
- Famous
Business Ethics Quotes - I was asked by someone if I knew
of any good business ethics quotes by famous people. So I went for
wander around the internet, holding the hand of Google, and here's
a small collection of famous business ethics quotes..
- Walmart
Blitz - The Movie - The Wal-Mart movie by the maker of "Outfoxed",
Robert Greenwald is pointing the finger at the retailing giant. Wal-Mart
has been gaining a following of critics accusing it of using less
than ethical business dealings. Even a Wal-Mart
Blitz by the company did little to change the minds of those that
see it as a bully and bad for communities.
- Starbucks
Coffee Challenge - Green LA Girl has challenged Starbucks
by setting up an experiment/competition to see if the giant coffee
shop chain does what it promises.
- Wal-Mart
Blitz - The 900 pound gorilla of retailing is attempting to
portray itself as a soft cuddly caring bear with an American wide
advertising blitz. For years Wal-Mart has taken criticism from protest
groups, disgruntled workers, and small businesses.
- The
Five Steps of Corporate Responsibility - Nike and Nestle learned
the hard way: As society changes, we must constantly rethink how we
do business. Most corporations pass through five stages as they move
toward social responsibility.
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