The U.S. Supreme Court has launched an entitlement program for corporations. They are now considered individuals, and individuals with faith. Makes me wonder, if corporations go bankrupt, will they dream?
If low penalties aren't enough, business allies in Congress are busily making it harder to collect penalties once levied -- the House Appropriations Committee just voted to block EPA from garnishing wages to collect fines from recalcitrant violators.
How long has it taken GM to figure out that its cars have been crashing and that people have been dying as a result? And then how long did it take GM to admit it had a problem and start to recall specific vehicles? Where was the BIG DATA?
The loopholes let the companies undercut the rules' strong targets and turn out cars and light trucks that increase pollution. It's akin to a doctor telling you: "Go ahead and smoke, as long as you go on a diet."
Ironically, this is the first time I've toured this particular auto-assembly plant (which was first owned by General Motors; then by NUMMI, a joint venture between GM and Toyota; and now by Tesla), even though much of my understanding of innovation and sustainability comes from bird-dogging the evolution of this building over the years.
Absent some examples of severe individual punishments, corporations' sales will continue to be more important than safety and profits more important than people. There must be a stronger deterrent and more severe punishment than taking it out of their allowance.
You gotta love this country. If nothing else, we're original. One on hand, the Supreme Court declares that, yes indeed, a corporation is, in fact, a ...
Ford's new CEO Mark Fields and General Motors' Mary Barra both are corporate insiders who have earned their roles over time. Barra has been a function...
It might be easy just to do the numbers and compare the pennywise decision of a decade ago to the pound-foolish impact today.
Things happen. People mess up. It is how you handle the mess-up that defines you. GM messed up when it knew about a part that needed to be replaced and did nothing about it.
Consumers, employees, investors, and members of the broader community look to a company's top leader to understand what that company stands for -- in good times and in bad. With social media, CEOs have a unique opportunity to be tell their story directly, immediately, and openly.
The executives at GM knew for 13 years that their cars had a defective ignition switch that would, well, kill people. But they did a "cost-benefit analysis" and concluded that paying off the deceased's relatives was going to be cheaper than having to install a $10 part per car.
Bob Shrum and Torie Clarke diagnose Obamacare on April deadline. Growing from six enrollees on website's first day to nearly seven million now, is the biggest comeback since Kentucky, down 31, beat LSU by 2 in 1994?
What is needed is an ethical rule that prohibits lawyers from demanding or accepting confidentiality as a condition of settlement if there is a good faith belief that a product is defective and dangerous.
How unusual has the weather been? No one event is "caused" by climate change, but global warming, which is predicted to increase unusual, extreme weather, is having a daily effect on weather, worldwide.