Corporate Ethics
Walmart spends millions of dollars and thousands of man-hours fighting $7,000 fine for worker death.
The New York Times reported today that Walmart is spending millions of dollars and thousands of man-hours fighting a $7,000 fine assessed by the Occupational Safety and Health Administration (OSHA) after a Walmart employee was trampled to death by a crowd at a store on Long Island.
Insurer revoked leukemia patient’s coverage because it claimed she underpaid her premium by a penny.
Hayward flies to Arab Emirates to seek bailout.
BP CEO Tony Hayward has flown to Abu Dhabi today, possibly to raise funds and secure new investors from the region as his company’s stocks continue to plummet as a
Obscure 1970’s BP ‘Offshore Oil Strike’ board game bears ‘spooky’ parallels to the current disaster.
The UK Metro reports that in the 1970s, there was a BP-endorsed board game called “Offshore Oil Strike” on the “thrills of drilling.” The game wasn’t very popular, but it now bears a “spooky” resemblance to what is happening in the Gulf of Mexico:
BP used oil industry tax break to write off its rent for Deepwater rig.
Transocean, the company that owns the failed Deepwater Horizon rig that caused the Gulf oil spill, used well-known tax havens in the Cayman Islands and Switzerland to lower its U.S. corporate tax rate by almost 15 points. And due to a break in the U.S.
