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Feds Have Arrested 485 in Mortgage Fraud

Since March, Department of Justice officials have arrested a 485 people for mortgage fraud in a massive crackdown. Bloomberg BusinessWeek has more on the crackdown, called Operation Broken Dreams: During the enforcement effort, 1,215 criminal… Read more

McDonald’s Gives $3 Refund for Shrek Glasses

McDonald’s is giving customers who bought cadmium-tainted Shrek glasses a $3 refund per glass, more than the $2 and change it initially charged. Bloomberg Businessweek has more: Starting tomorrow, customers can fill out a refund slip and… Read more

Could Doping Be Effectively Legalized, Regulated?

One way to be against doping: Dopers Suck coffee. After 8 years of keeping his doping a secret, Floyd Landis, who won the 2006 Tour de France, confessed to taking performance-enhancing drugs. He also accused US racers Lance Armstrong, George… Read more

The Responsibility Revolution: How the Next Generation of Businesses Will Win

Companies have been quietly embracing sustainability for years. Organic Valley ditched Wal-Mart as a customer in 2004 to maintain a livable wage for its farmers. Nike welcomes criticism of its offshore factories–and uses it as a catalyst to… Read more

Daimler Pleads Guilty to Bribing Foreign Governments

Daimler has settled with the SEC for $185 million after being charged with bribery in 22 countries between 1998-2008. The BBC has the story: (Daimler employees) were said to have given money and lavish gifts to help win contracts in… Read more

Lehman Report Shows Creative Accounting

In a 2,200-page report released yesterday, a court examiner said that Lehman Bros.’ former CEO Dick Fuld, three CFOs, and auditor may be held liable for certain aspects of the company’s collapse, thanks to some artistic accounting. MarketWatch… Read more

Corporate America Goes Good: 25+ Big Companies Donating Millions to Haiti

“Corporate America” hardly has a good ring to it. In the wake of the Haiti quake, however, a number of big US companies are standing up and donating to relief efforts. We want to recognize those companies in the list below. Keep up the good deeds,… Read more

Airlines, Hotels Offer Incentives to Donate to Haiti Relief

The travel industry is reacting to the Haiti earthquake by incentivizing customers to donate. USA Today has a roundup of what these companies are doing: American Airlines: Flew three relief flights to Haiti. (Each) carried 10,000 pounds of… Read more

Modest Needs Foundation: Help Out People Affected by the Financial Crisis

If you have $10-20 to give this season, a foundation called Modest Needs lets you find an individual or organization for whom that amount could make a positive difference. The cool thing about Modest Needs, which was just featured in CNN, is… Read more

FTC Sues Intel for Abusing Market Dominance

The Federal Trade Commission (FTC) has sued Intel Corp. for abusing its market position to build a monopoly and repress competition. The Wall Street Journal reports: The administrative complaint says Intel used exclusive and restrictive… Read more

Molinker Proves It’s Easy to Get Your iPhone Apps Kicked Out of Apple Store

Image: Codinghorror Apple removed more than 1,000 apps by Chinese iPhone app developer Moniker from its store after finding out the company had faked product reviews. PC World has more: The discovery of the phony reviews was made by a… Read more

Twitter, Starbucks, Others Support World AIDS Day

Today is World AIDS Day, a day reserved to increase global awareness of HIV, AIDS, and people living with the diseases. A few facts about HIV and AIDS that you might not know (from Twitter): –10% of the world’s populations lives in Africa,… Read more

Shame on You, Monster Energy!

But thanks for changing your mind. Here’s the… Read more

List of Cars Affected by the Ford Cruise Control Recall

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