Word: vices
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...electronics retailer just snapped up half of Carphone Warehouse, the largest mobile phone retailer in the U. K. The marriage helps Best Buy gain a foothold in Europe and expand its business into cell phone sales, while giving Carphone Warehouse a leg up in electronics. Best Buy CEO and vice chairman Brad Anderson talks with TIME's Kristina Dell about global expansion, best-selling products and how he made the jump from sales clerk...
...discovered child labor. Two years ago, it revised that policy. Now, if children are found in factories producing Gap clothes, the firm asks factory managers to remove them and find them schooling, for which Gap sometimes pays. The firm's new thinking, says Dan Henkle, Gap's senior vice-president for social responsibility, is not simply about monitoring, but about collaborating with factory staff so that they too feel responsible for conditions on the factory floor. It's messier, costlier and longer-term than a quick audit - and it's potentially riskier from a p.r. standpoint. But this...
...there are sometimes hidden costs in the fine print, interest payments not due for months, especially when the outrage is calculated for maximum political effect. And that outrage came back to haunt Barack Obama Wednesday when Jim Johnson, the man running his vice presidential search team, stepped down after the Wall Street Journal reported that he had received preferential deals on mortgages because he was friendly with an executive at Countrywide Financial, which has been tied to the subprime foreclosure crisis. "Jim did not want to distract in any way from the very important task of gathering information about...
...Obama's admission of the obvious was selectively applied. Even as he criticized the "game," his allies sent out e-mails announcing that the man leading McCain's vice presidential search, Arthur B. Culvahouse, was - you guessed it - a former lobbyist. To make matters even more complicated - and absurd - Culvahouse used to lobby for Fannie Mae, the rich and well-connected mortgage company where Johnson previously served as chairman and CEO. (Full disclosure: Time Warner, the parent company of TIME, is another of Culvahouse's former clients...
...fully developed thoughts. How can McCain be a reformer if he works with lobbyists? Isn't Obama a hypocrite for hiring such well-connected influence brokers? Partisans, meanwhile, filter the information based on their preconceptions. They will forgive Obama's less-flattering connections but hyperventilate over McCain's, or vice versa...