Chemicals & Manufacturing
A Chinese facility that hasn't been inspected by the U.S. Food and Drug Administration made the active ingredient in much of the widely used Baxter International Inc. blood-thinner that is under investigation after reports of hundreds of allergic reactions and four deaths among the drug's users, the agency said yesterday.
After Nike's recent disclosure of the names and locations of 705 independent contract factories in its network, a plant visit reveals significant improvements since the 1990s.
The second article in our series on Global Compact companies focuses on Nike. This article, based on ''Still Waiting for Nike to Do It,'' a recent report published by Global Exchange in San Francisco, finds that Nike continually fails to uphold ''freedom of association and the effective recognition of the right to collective bargaining,'' which is Principle 3 of the Global Compact. Nike made a commitment to respect this right in 1997 when it signed the Fair Labor Association voluntary workplace code of conduct along with other giant shoe and garment manufacturers like Reebok, Adidas, Liz Claiborne and Patagonia. This article covers the period since 1997.
The CEOs of three-quarters of the world's 100 largest companies have just completed an uncomfortable weekend at the tiny Swiss ski resort of Davos, while their companies' share prices nosedived on global stock markets, amid concern that the U.S. economy is staggering towards recession.
Thousands of steelworkers on Saturday joined striking miners of an Arcelor Mittal-owned metal and mining complex in Kazakhstan, in an escalating standoff with the international steel giant over wages.
TORONTO, Ontario, Canada -- Canada's largest food distributor has made a public commitment to stop marketing chemical pesticides by next spring. Loblaw Companies Limited announced today that it will no longer sell chemical pesticides in all of its 440 garden centers across Canada by 2003.
The Kazipally industrial area - once good farm country - now accounts for more than one-third of India's pharmaceutical industry, meaning skyrocketing rates of cancer, heart disease and birth defects for its residents.
Millard ''Mickey'' Drexler, Gap's chief executive, on Tuesday admitted that the company had ''misread fashion tea leaves'' and violated its own principle of ''keeping things simple'' in making a series of fashion mistakes that led to its reporting a $34m loss.
ArcelorMittal, the global steel giant, has been ordered to hand over documents about the environmental impact of two South African facilities to community activists. The Luxembourg-based company, the largest steel producer in Africa, has been accused of polluting the air and water as well as dumping hazardous waste.