Social Responsibility
Russia Sets Back UN Global Warming Talks 6 Months
The United Nations global warming talks have been set back by six months after Russia and its allies blocked progress at a group charged with implementing decisions of the 190 nations involved in the ...
Cost of Factory Safety in Bangladesh on $22 Jeans: 99 Cents
In Bangladesh, the difference between a safe factory and an unsafe one comes down to a few cents. For just pennies per t-shirt or pair of trousers produced, garment manufacturers could build ...
New York City Proposes $20B ‘Resiliency’ Plan to Handle Rising Sea Levels, Temperatures
New York Mayor Michael Bloomberg on Tuesday announced a $20 billion plan to prepare for rising sea levels and hotter summers expected as a result of climate change in the coming decades. The plan, ...
Buffett’s Charity Lunch Auction Draws Winning Bid of $1 Million
Warren Buffett's annual lunch auction, a fundraiser for San Francisco's Glide Foundation, raised about $1 million, the lowest amount in six years. The event drew 106 bids from 8 people as it ...
AIG, Prudential Named ‘Systemically Important’ by Financial Stability Council
American International Group Inc., Prudential Financial Inc. and a unit of General Electric Co. were identified by U.S. regulators as potential risks to the financial system in a step toward putting ...
Buffett Lunch Auction Bids Could Set Record
Warren Buffett's charity auction, in which bidders vie for a chance to dine with the billionaire, drew a top offer of more than $100,000 as a former winner predicted the fundraiser would set a fourth ...
Obama Administration Issues Rules on Workplace Wellness Programs
Employees will be eligible for significantly lower premiums on the health insurance they buy through their employers if they participate in "workplace wellness programs," even if they don't improve ...
Indian Refiners Decline Iran Insurance Offer
Iran has offered insurance to Indian refiners in a bid to boost its crude sales, industry sources said, though some oil executives warned the plan would not remove the threat of western sanctions. ...