Tag - ethics

 
 

ETHICS

Since September 2022, Patagonia has allocated profits amounting to $71 million to environmental initiatives that include stopping a proposed mine in Alaska and conserving land in South America, as well as helping to elect pro-environment U.S. Democrats.
COMMENTARY / World
Mar 6, 2024
The competitive edge of doing good in business
Are companies that give all profits to charity also doing good for their business? Some examples show they are, and that this model is worth pursuing.
The Fair Trade Commission will demand Nissan take measures to prevent a recurrence of unfair reductions in payments to subcontracting auto parts makers.
BUSINESS / Companies
Mar 4, 2024
Japan FTC to warn Nissan over payments to parts suppliers
The reductions are estimated to total about ¥3 billion for more than 30 suppliers over the past several years.
Donald Trump, who made a fortune in construction over the years, has assets he can sell to pay the $355 million financial penalty recently imposed on him in civil fraud case filed in New York, but it will strain his available cash reserves.
COMMENTARY / World
Feb 20, 2024
Trump loved New York. Now it's giving him the boot.
The place that made Trump who he is has turned on him. The former president is being fined millions and banned from doing business in New York.
People walk past the Trump Building after a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York state for three years, in New York City on Friday.
WORLD / Politics
Feb 17, 2024
Trump keeps New York empire intact as judge rescinds asset-sale order
Former U.S. President Donald Trump was banned from doing business in New York for three years and ordered to pay $354 million for lying about his wealth.
A self-driving Chevrolet Bolt electric vehicle in San Francisco in 2017
COMMENTARY / World
Sep 17, 2023
With self-driving cars, it's the ethics we have to navigate
Do accidents involving self-driving cars today save lives tomorrow? When it comes to self-driving cars, the challenges aren't just technical, but ethical.
Campaign leader Hiske Arts speaks during a meeting of climate group Fossielvrij Nederland in Amsterdam in August.
BUSINESS / Companies
Sep 13, 2023
Airlines face a storm over climate claims
A growing number of lawsuits, consumer complaints and rulings from advertising regulators are seeing to restrict airlines' sustainability claims.
Japan Times
COMMENTARY / World
Jun 20, 2023
CEOs should focus on profits, not politics
Target proves yet again that companies are better off avoiding the minefield of social activism.
Japan Times
BUSINESS
Jun 9, 2023
Japan watchdog seeks penalty for regional banks over bond sales
The agency said the banks sold the bond products without properly checking customers’ investment preference and experience, or explaining the risks involved.
Japan Times
BUSINESS / Tech
Jun 6, 2023
U.S. sues Binance and founder Zhao over 'web of deception'
The SEC alleges that, among other things, Binance artificially inflated its trading volumes, diverted customer funds and failed to restrict U.S. customers from its platform.
Japan Times
BUSINESS
Mar 31, 2023
Three Japan utilities face record-high antitrust fines over alleged cartel
The penalty — a total of ¥101 billion — is the highest ever imposed by the Fair Trade Commission for a violation of the anti-monopoly law.
Japan Times
JAPAN / Crime & Legal
Mar 30, 2023
Dentsu to continue Olympics-related business despite indictment
Dentsu and others were indicted last month over allegedly rigging bids for contracts related to Tokyo Games venue management.
Japan Times
BUSINESS
Dec 13, 2022
Johnson & Johnson's Japan unit searched over alleged antitrust violation
The Japan Fair Trade Commission suspects Johnson & Johnson K.K. and ASP Japan of obstructing competitors' sales of cleaners and disinfectants for endoscopes.
Japan Times
BUSINESS / Companies
Nov 19, 2022
Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud
A federal judge on Friday sentenced the Theranos founder for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion.
Japan Times
BUSINESS / Companies
Nov 8, 2022
How corporate chiefs dodge lawsuits over sexual abuse and deadly products
Hollywood producer Harvey Weinstein’s rape conviction landed him in prison. Allegations of serial sexual abuse cost him his career and his movie studio. His company went bankrupt and later settled legal claims by about 50 women.
Japan Times
BUSINESS
Oct 15, 2022
Amway Japan ordered to halt transactions for six months over illegal soliciting
The company was punished for soliciting people to buy products or sign up for membership without telling them that they would be made to participate in a networking business.
Japan Times
JAPAN / Crime & Legal
Oct 3, 2022
Sales data stolen from sushi chain rival shared within Kappa Create
The Hama-Sushi trade secrets in question are believed to have included data on the company's procurement costs and suppliers.
Japan Times
BUSINESS / Companies
Oct 3, 2022
SMBC Nikko’s issues let small firms grab credit market share
Tokai Tokyo Securities and Shinkin Securities moved up in the league tables in the first half of the financial year that started April, surpassing SMBC Nikko, data shows.
Japan Times
BUSINESS / Companies
Sep 30, 2022
Kappa Sushi president arrested on suspicion of obtaining data from rival chain
Koki Tanabe is suspected of stealing information on several occasions in 2020 from rival sushi chain Hama-Sushi, where he once served as an executive.
Japan Times
JAPAN
Sep 6, 2022
Top Kadokawa execs arrested in widening Tokyo Olympics bribery scandal
The publishing giant's headquarters and the Tokyo home of Chairman Tsuguhiko Kadokawa have been searched.
Japan Times
JAPAN
Sep 5, 2022
Tokyo Olympics bribery scandal widens as Osaka-based ad firm raided
Prosecutors have announced they are looking into allegations that Daiko provided at least u00a514 million on three occasions to a firm run by an acquaintance of a former Games official.

Longform

A statue of "Dragon Ball" character Goku stands outside the offices of Bandai Namco in Tokyo. The figure is now as recognizable as such characters as Mickey Mouse and Spider-Man.
Akira Toriyama's gift to the world