The Big Hustle Theranos was a privately held health corporation that was touted as a breakthrough technology company. It claimed to have devised blood tests that required only exceedingly small amounts of blood and could be performed very rapidly using small automated devices the company had developed. However, the claims later proved to be false. Here is their […]
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Business Roundtable Issues a Public Relations Piece Have you read the “Statement on the Purpose of a Corporation” put out by the Business Roundtable on August 19? It suggests that corporations should no longer advance only the interests of shareholders. Instead, according to the group, they must also invest in their employees, protect the environment,
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How Can You Know Whether They Are Real or Contrived? Perhaps you heard about the GoFundMe scam in 2017, where Katelyn McClure and Mark D’Amico launched the online fundraiser for Johnny Bobbitt, a homeless veteran, after he gave his last $20 to McClure when she ran out of gas on I-95 in Philadelphia. The story
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Message From John Stumpf, CEO of Wells: Do What I Say, Not What I Do Wells Fargo is the poster child of an unethical company. We now know that its employees opened more than two million unauthorized bank and credit card accounts to meet sales projections. It cost customers almost $2.5 million in fees. The
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