On September 4, 2009
Judge Steps Down From Chevron Pollution Case
The Ecuadorean judge presiding over a $27 billion environmental contamination lawsuit against Chevron has withdrawn from the case just days after the oil company claimed secretly recorded videotapes show him discussing the verdict. Judge Juan Nuñez was videotaped during two meetings with American businessman Wayne Hansen and Ecuadorean Diego Borja, who were reportedly soliciting environmental remediation contracts. Chevron claims the videotapes, which were released Monday, show Nuñez has already decided to rule against the oil company. A third videotape, where Nuñez is not present, records men discussing a $3 million bribery scheme. The men claim they are members of President Rafael Correa's ruling Alianza Pais party. The videotapes, recorded in May and June using a tiny camera-equipped pen and watch, threatened to derail or at least delay a case that...
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On September 4, 2009
Kindergarten Lessons: The Three C’s of Effective Leadership
It's been my son's first week of kindergarten and let's just say Mom was more stressed about it than he was. And unfortunately, anxiety and panic appear to be incompatible with coherent blogging, so apologies for the radio silence the past two days. But I've regained my equilibrium and am able to view this past week with some perspective now. I've even managed to notice the ways in which the school leadership exceeded, met, or missed our parental expectations. It's the missed expectations, of course, that really got to the moms and dads sending off their wee ones for the first time. Amidst the playground grumbling, I noticed three common issues that seemed to get everyone's goat: poor communication, a...
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On September 4, 2009
McClatchy Back in NYSE’s Good Graces
The McClatchy Company is back in compliance with New York Stock Exchange (NYSE) standards for continuing listing of its stock price. Since being notified by the NYSE in February that it no longer qualified for listing, the nation's third-largest newspaper company has been restructuring and repositioning itself as "a 24-7 news and advertising company that can deliver in print, online, and to handheld devices,” in the words of CEO Gary Pruitt. Under new, more relaxed standards approved this week by the SEC, a company like McClatchy can now continue to qualify for listing as long as its stock price maintained an average closing price above $1.00 per share for any consecutive, 30-trading-day period. During the crisis that has been shattering...
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On September 4, 2009
Judge to Boehringer Patent Lawyer: You Were Just a Peon – and Therefore You Win This Case
It's official: If you're the chief patent counsel at Boehringer Ingelheim, then you do not occupy a position of "great corporate influence," according to a Connecticut federal judge.
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On September 4, 2009
Clients Rooked by Middlemen and Volume Discounts in U.K.’s Murky Outdoor Business
In the UK's billboard business, so-called "poster specialists" are yet another set of middlemen creaming off a needless commission for the simple act of placing an ad in an empty space.
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On September 4, 2009
Pfizer Rep Describes Pushing Zyvox With Flawed Data
Pfizer's $2.3 billion settlement of the off-label Bextra case overshadows another case wrapped into the agreement, that of Ronald Rainero, a former district manager at Pfizer in New York City, regarding the antibiotic Zyvox.
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On September 4, 2009
Have You Heard About These Things?
As I do from time to time, I'd like to point SmallBusinessNewz readers to some noteworthy topics from the past week, which I have covered at WebProNews, but would also just as easily fit into our scope of discussion over here.
Tips for Getting Found in Real-Time Searches
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On September 4, 2009
Note to ‘Vanity Fair’: This Isn’t How to Integrate Print and the Web
As some of my recent posts have indicated, I just returned form Ireland, meaning I had copious airplane time to sink into the current issue of Vanity Fair. Aaaaaaah. VF is a magazine that's meant to be enjoyed in all of its print luxury, from Tom Wolfe's new short story (see? it's not a gossip rag, it contains lit-er-a-ture) to the stealth photo taken of Ruth Madoff sitting at the desk in her (former) penthouse, taken, seemingly, from the penthouse across the street. So, after reading about Farrah and MJ and Ruthie and Brooke (Astor), it was finally time to read the story titled "North Korea's Dollar Store." For a page, and exactly a page, it detailed a huge North...
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On September 4, 2009
Top 10 Short Business Lists
It's Friday before a holiday weekend, but that's still no excuse. If you're still working and reading, I'm still working and writing. Besides, where you gonna go for a pithy business blog on a day like today? That's right, The Corner Office. So, for both of my readers today, Top 10 Short Business Lists:
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On September 4, 2009
WPP Is at “the Brink of Junk,” Says Moody’s; Sorrell Pushing Debt Envelope
Moody's cut WPP's debt rating to "the brink of junk," according to Dow Jones. The FT said WPP "teeters" above junk status. The news will doubtless be greeted by gales of laughter at Adscam.
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