Advertising, Entertainment & Media
Leading tobacco firms in the US, including British American Tobacco, are to face a class action lawsuit seeking punitive damages of up to $200bn (Â£105bn) relating to the alleged fraudulent promotions suggesting "light" branded cigarettes are safer, or less addictive, than regular ones.
With the economy on the ropes, hundreds of thousands of consumers are turning to "debt settlement" companies like Credit Solutions to escape a crushing pile of bills. State attorneys general are being flooded with complaints about settlement companies and other forms of debt relief.
Mattel, the maker of Barbie dolls and Hot Wheels cars, is recalling nearly one million toys in the United States today because the products' surfaces are covered in lead paint. According to Mattel, all the toys were made by a contract manufacturer in China.
Wal-Mart prides itself on cutting costs at home and abroad, and its Mexican operations are no exception. Wal-Mart is Mexico's largest private-sector employer in the nation today, with nearly 150,000 local residents on its payroll. An additional 19,000 youngsters between the ages of 14 and 16 work after school in hundreds of Wal-Mart stores, mostly as grocery baggers, throughout Mexico-and none of them receives a red cent in wages or fringe benefits.
With companies eager to tout their "green" credentials to consumers, advertising watchdogs are stepping up efforts to rein in marketers that make false or exaggerated claims.
There are watershed moments in which world events and popular perceptions of them are changed. The week of protests at the World Trade Organization meeting in Seattle last year was indisputably such a moment.
A former top executive of Qwest Communications International Inc on Wednesday pleaded guilty to wire fraud, avoiding a five-week trial that had been set to start on Tuesday.
Some western companies have begun to recognize it might be in their interest to operate under enforceable standards that apply to all their competitors, rather than under voluntary ones that, for all practical purposes, apply only to prominent companies.