Advertising, Entertainment & Media
On June 2, the Federal Communications Commission intends to lift restrictions on media ownership that could allow your local newspaper, cable provider, radio stations, and TV channels all to be owned by one company. The result could be the disappearance of the checks and balances provided by a competitive media marketplace -- and huge cutbacks in local news and reporting. Good, balanced information is the basis for our democracy. That's why we're asking that: "Congress and the FCC should stop media deregulation and work to make the media diverse, competitive, balanced, and fair."
Dame Anita Roddick has admitted that she harbours concerns over the ethical record of NestlÃ©, a major shareholder in the French cosmetic giant L'OrÃ©al, which bought the Body Shop for Â£652m.
The founder of the defunct credit-counseling firm AmeriDebt Inc. yesterday agreed to pay up to $35 million to settle two lawsuits accusing him of misleading debt-burdened consumers into paying high fees to support his lavish lifestyle.
In the wake of the multiple scandals over tainted Chinese food and drug exports in recent months, Chinese goods now have an indelible image of being not just cheap, but life-threatening as well. But the fact that wrongly labelled foods, liquor and pharmaceuticals have routinely sickened and even killed people en masse in China has been largely overlooked.
The Bill & Melinda Gates Foundation owns shares of BP Ã¢â¬" a company accused of fouling the air with its oil refinery and paper mill in South Africa. Since the foundation spends billions of dollars to improve the health of Africans, that investment strategy would seem to conflict with its mission.
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.
Conrad M. Black, the gregarious press tycoon also known as Lord Black of Crossharbour, was found guilty today by a Chicago jury of three counts of mail fraud and one count of obstruction of justice. He could face up to 35 years in prison.
The pashmina bubble that buoyed the garment industry in the late 1990s has burst. Fashion trendsetters have moved on, leaving a glut of cheap Chinese knock-offs in their wake.