Description: McDonald’s is recalling 12 million drinking glasses featuring characters from the “Shrek” movie series because the paint used contains cadmium, which can pose health risks. Source: CNNMoney.com Date: 06/04/2010 Link: http://money.cnn.com/2010/06/04/news/companies/mcdonalds_recall/index.htm Questions for discussion: What are the arguments that could be made that support the notion that this recall might harm McDonald’s brand in… Read more »
Posts Tagged: Business Ethics and Social Responsibility (p32)
Inside the ugly world of vulture finance
Description: By his own admission, Allan Jones of Cleveland, Tennessee, has had to tighten his belt. He apparently still has his two jets, his vintage Rolls, his Bentley, and the Maybach his son drives to high school when the boy’s own car is in the shop. But Jones did have to sell the 157-foot yacht,… Read more »
Facebook Bows to Pressure Over Privacy
Description: Ever since Facebook was founded in 2004, Mark Zuckerberg, its chief executive, has pushed its users to share more information about themselves. Time and again, users have pushed back, complaining that some new feature or setting on the site violated their privacy. Source: NYTimes.com  Date: 05/26/2010 Link: http://www.nytimes.com/2010/05/27/technology/27facebook.html?scp=4&sq=Facebook&st=Search Questions for discussion: Summarize the… Read more »
Adobe New Ads Take Aim at Apple
Description: Adobe launched an advertising campaign Thursday that takes an unexpected tack in its ongoing feud with Apple: proclaiming, in huge letters, Adobe’s love for the computer giant. Alan Murray and Walt Mossberg discuss this latest development. Source: Marketwatch.com – video report  Date: 05/13/2010 Link: http://www.marketwatch.com/video/asset/digits-adobe-new-ads-take-aim-at-apple/F79B3650-3A47-46EF-91EE-5779C256CEE6 Questions for discussion: Summarize the competitive conflict going… Read more »
‘Shocking’ conditions at Tylenol plant
Description: The quality and safety violations that led to the shutdown of a Tylenol plant were extremely serious, and could lead to tough action by regulators on drugmaker Johnson & Johnson. Source: CNNMoney.com Date: 05/14/2010 Link: http://money.cnn.com/2010/05/14/news/companies/tylenol_recall_plant_conditions/index.htm  Questions for discussion: Are there any excuses that the firm could offer the public that might mitigate… Read more »
Google Data Admission Angers Europe
Description: European privacy regulators and advocates reacted angrily Saturday to the disclosure by Google, the world’s largest search engine, that it had systematically collected personal data since 2006 while compiling its Street View photo archive. Source: NYTimes.com Date: 05/15/2010 Link: http://www.nytimes.com/2010/05/16/technology/16google.html?ref=business Questions for discussion: Summarize what you learned from the article. Do you think the… Read more »
Fishing Industry Hammered by Gulf Oil Spill
Description: The petroleum and fishing industries have a long and uneasy intertwined history in the Gulf of Mexico. WSJ’s Andy Jordan looks at how the growing gulf oil spill is hurting Louisiana fishermen who supply around one-third of the U.S.’s seafood. Source: Marketwatch.com – video report  Date: 05/05/2010 Link: http://www.marketwatch.com/video/asset/fishing-industry-hammered-by-gulf-oil-spill/41612D0E-B338-464D-A15E-5885B1D227D6 Questions for discussion: Can… Read more »
Goldman’s Shares Plunge on Inquiries and Downgrades
Description: How much trouble is Goldman Sachs really in? One answer: About $21 billion worth. That’s how much the vaunted Wall Street bank has lost in market value since it was engulfed in a fraud accusation two weeks ago. Source: NYTimes.com  Date: 04/30/2010 Link: http://www.nytimes.com/2010/05/01/business/01goldman.html?ref=business Questions for discussion: Summarize the legal and ethical problems… Read more »
Gulf of Mexico oil spill could cost BP $3 billion or more
Description: There are a lot of uncertainties right now about the Gulf oil spill. But one thing is clear: In addition to the intangible loss of wildlife, it’s going to cost BP a lot of money. Source: CNNMoney.com Date: 04/30/2010 Link: http://money.cnn.com/2010/04/30/news/economy/bp_gulf_oil_spill_cost/index.htm Questions for discussion: Do you believe BP has behaved in a socially responsible… Read more »
Building Up America: Kansas town rebuilds after tornado
Description: Next month marks the third anniversary of a tornado that nearly wiped the small town of Greensburg, Kansas off the map. The town has come back and in the process become “ground-zero” for green energy. Our Tom Foreman has a first-hand look in this “Building Up America” report. Source: CNNMoney.com – video report Date:… Read more »
