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European Companies Lead “Access to Medicine Index”

  • 21 June 2010

Independent Ranking Shows More Transparency, More Programs for Low-income Countries. European pharmaceutical companies outcompete their U.S. counterparts in making medicines available to people in developing countries, but their lead is shrinking, according to the second Access to Medicine Index, released…

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Business ethics: is a crisis necessary to implement change?

  • 16 June 2010

It is rare for two global crises to occur in such quick succession.  The banking and financial services industry, once heralded for its social responsibility and support of community issues, is under fire for seriously mishandling their financial responsibilities of…

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Gucci Aims to Reduce Packaging, CO2 Emissions

  • 14 June 2010

At the center of Gucci’s new eco program is the company’s ‘green’ packaging initiative that aims to reduce materials consumption, exclusively use paper certified by the Forest Stewardship Council (FSC) and be 100 percent recyclable. The initiative will be launched…

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Oil groups distance themselves from BP

  • 13 June 2010

The chief executives of the world’s biggest international oil companies will testify on Tuesday that the BP oil spill in the Gulf of Mexico “was preventable’’, publicly distancing themselves for the first time from the UK company, the Financial Times…

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BP pledges money from captured oil to aid wildlife

  • 9 June 2010

Money from any oil collected and sold from BP's leaking oil well will go toward a fund that helps restore and improve wildlife habitat in the four states most damaged by the nation's largest oil spill. Although thousands of barrels…

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Foxconn China Workers’ Salaries Jump 70%

  • 7 June 2010

Less than a week after announcing a 30 percent pay raise for its workers, electronics giant Foxconn said it will hike wages by another 66 percent beginning in October. The company said it hoped the pay raise would help increase…

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Foxconn Gives Chinese Workers 33 Percent Pay Raise

  • 2 June 2010

Stung by labor shortages and a rash of suicides this year at its massive factories in southern China, Foxconn Technology said Wednesday that it would immediately raise the salaries of many of its Chinese workers by 33 percent. The pay…

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