In a lofty address that at times resembled a campaign speech, the chief executive of Wal-Mart Stores, H. Lee Scott, said that “we live in a time when people are losing confidence in the ability of government to solve problems.” But Wal-Mart, he said, “does not wait for someone else to solve problems.” Mr. Horowitz said Wal-Mart had…
On November 3rd, Step It Up is organizing global warming rallies in a number of cities throughout the United States. The organization's primary goal is to get Congress to agree to cut greenhouse gas emissions by 80% by 2050. The November campaign also aims for a moratorium on the construction of coal burning power plants.
The debate continues on the merger of XM (XMSR ) and Sirius (SIRI ) Satellite Radio as the case again comes before the Senate Committee on Commerce for round four since its original proposition in February. Opponents argue that the merger will create a monopoly, leaving a sole provider for satellite service to consumers. This,…
Here We Are Mentioned in AM New York in Karen SalmanSohn's column The One Minute Career Therapist.
There's an article about Whole Foods (WFMI) as the next Starbucks (SBUX) today in MSN Money.
Martin Scorsese might join Leonardo DiCaprio to film the story of one of Wall Street’s most notorious swindlers, Jordan Belfort.
Trying to catch two waves at once, UBS, KLD, Domini and Mergent form a fund that combines popular trends:
Event caterer, stadium fast food provider and Neubert holding
Our friends at Treehugger.com posted this one about a man attacked by confused tax agents.
Lehman Brothers (LEH) said on Wednesday that it has named Theodore Roosevelt IV, a great-grandson of U.S. President Theodore Roosevelt, as chairman of its global council on climate change (source Reuters).
Environmental groups have an impact on KKR buyout of TXU Corp – aka Texas Utilities (TXU). They managed to force the company to reduce the total number of coal plants being planned in Texas from eleven to three. Article at Business Week Online. Did David Neubert buy TXU? Rain Forest Action Network on "What Happens…
After a number of massive delays over the long weekend, JetBlue sent out an apology email, in addition to apology advertisements in East Coast newspapers, to everyone who has ever flown on their airline, with a link to a customer Bill of Rights. The "rights" take the form of vouchers for future travel on JetBlue.
Curses! Foiled again! So much for ease of access to accurate information on the compensation your corporate officers are recieving . . . "Due to an accounting loophole for stock options and an eleventh-hour rule change made by securities regulators just before Christmas." Sigh. Read the full story by David Cho and Carrie Johnson here…
"A 24-hour musical extravaganza across seven continents, featuring as many as 150 of the world's top recording artists, introduced by an army of 'celebrities and thought leaders' (think: Cameron Diaz and Richard Branson ), playing before a total live audience of a million people, and reaching 2 billion more via television, radio and the Internet…
Mirroring the Internal Revenue Service Vehicle Tax Credit Program , Bank of America, (BAC) announced expansion of its $3000 reimbursement program to employees purchasing new hybrid vehicles to cover the entire U.S. and more than 185,000 employees, due in part to the success of its pilot program (instituted last June in Boston, Los Angeles and…
Green Weddings have caught the attention of The New York Times Style Section, which mentions helpful businesses like Organic Bouquet and Portovert.com.
"But all is not quiet on the farm. In the Senate, tensions over corn’s new role…" Nice summary over the battle for alternative fuel policy on Capitol Hill courtesy of The Council on Foreign Relations. Includes the repeal of tax breaks to Big Oil & Gas, aversions to a review of the 2002 Farm Bill,…
CAMBRIDGE, MA.—Corporate culture plays the key role in a company's decision to participate in voluntary environmental compliance programs, according to a new report
The Wall Street Journal reports that Exxon has cut off funding to groups that questioned the validity of global warming and connections to fossil fuels. The article says Exxon states that, "climate-science models that link greenhouse-gas concentrations to global warming are getting more reliable ."
Home Depot Inc.(HD ) investors on Wednesday asked a Georgia state court to issue an injunction blocking the retailer from paying former Chief Executive Robert Nardelli a $210-million severance package. See Full Story at Yahoo Business.
The Inelegant Investor Summarizes Munger's Comments to the LA Times. Munger derided compensation consultants, declaring that "I have always said that prostitution would be a step up for these people." Munger pointed out that the problem was not that CEOs were evil, but that…" envy-driven compensation mania… brings out the absolute worst in good people."
Exxon (XOM) gets slammed in a report by the Union of Concerned Scientists for disinformation campaign knowledge. See Reuters Article In Exxon's response they admit, "While there is more to learn on climate science, what is clear today is that greenhouse gas emissions are one of the factors that contribute to climate change, and that…
Temperatures are higher in Australia than the global average, and although half the country is experiencing a severe drought, the other half has already accumulated a year's worth of rainfall. Additionally, 15 out of 20 of Australia's hottest years have occurred since 1980. CSIRO (Commonwealth Scientific and Industrial Research Organization) attributes the drought to natural…