Business Pundit

Image source Starting October 26, Ford will recall 4.5 million cars to fix a leaky cruise control switch that may lead to car fires. Below is a complete list of new recalled cars, as read in the Detroit News: Ford Windstar: 1995-2003 Ford… Read more

Here at Business Pundit, we read a number of stories about companies acting nasty. For example, credit card companies canceling accounts without prior notice. Or broadband companies slowing customer connections when they use more bandwidth than… Read more

Massachusetts’ Georgetown Country Club, a championship golf course and country club, declared bankruptcy on September 11. Now, the organization refuses to refund couples’ wedding deposits, despite cancelling their reservations. WCVB Boston has… Read more

Pfizer has to pay the government $2.3 billion for a series of drug marketing suits, including marketing the painkiller Bextra “with intent to…mislead the public,” a felony violation of the Food, Drug and Cosmetic Act. FindLaw has more:… Read more

Underdog stories don’t just happen in sports. Sometimes, regular people have to go head-to-head with a big company, industry, or government to stand by their principles. The chances of winning such a David and Goliath battle are usually small…. Read more

The Harvard Business Review’s Umair Haque discovered that a Made-in-USA, “fair labor” iPod would cost only 23% more than its Made in China counterpart: …how much would it cost to produce a “Good iPod”? One not produced in a sweatshop, but… Read more

How do we bring out the best in employees? Provide them the right tools to do their jobs? Optimum working conditions? In professional sports steroids get the job done. How far would corporations go if we had legal performance enhancing drugs? In… Read more

US Disctrict Judge Denny Chin sentenced Bernie Madoff, 71, to 150 years in prison for his more than $13 million Ponzi scheme. Bloomberg has more: Madoff has been in jail since his guilty plea. At today’s sentencing, none of his family… Read more

… Read more

NGO Transparency International recently released its 2009 Global Corruption Barometer, which surveyed about 73,100 people from 69 countries between October 2008-February 2009. Among the findings: Worldwide: –53% of people interviewed think… Read more

Reading this article last week about the FTC’s looming ‘crack down’ on paid blog posts prompted me to check out the bloggers’ trade groups mentioned in the article. I find it all a bit silly that we think we need to protect blog readers from… Read more

First Wells Fargo, then Goldman. Now, Chase. All three are reporting healthy profits. Record sales. That kind of thing. Yet the economy isn’t picking up. What gives? There’s something decidedly fishy about banks reporting record numbers after… Read more

The list–two years ago. The Ethisphere Institute, which publishes Ethisphere Magazine, has released its 2009 list of the 99 most ethical companies in the world. US News and World Report has more: Companies are scored based on criteria… Read more

Update: This story is a hoax. Nice work, Mark Stephens. More here. Google Cheat View is an informal new use for Google Streetview. The Sun reports that a wife caught her husband cheating when she found his Range Rover parked at her friend’s… Read more