Advertising, Entertainment & Media
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.
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.
Attorney general says downloading bootlegs is illegal, but many students are unfazed. "When I buy a CD I feel like I'm paying for corporate lawyers and corporate headquarters and, no offense, but I don't want to do that. And I don't have to," says one.
A nonprofit organization, Neighborhood Assistance Corp. of America, or NACA, has emerged as one of the loudest scourges of the banking industry in the post-bubble economy. Though some bankers privately deplore his tactics, NACA's Bruce Marks is a growing influence in the lending industry and the effort to curb foreclosures.
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.