The Mexican government is suing US-based gun makers. The government is accusing the companies of facilitating violence in Mexico, not so much because their products are designed to injure and kill, but because of their reckless distribution and marketing practices.
Until last Friday, many businesses hadn’t really dealt with anything quite like the speed and severity of the CrowdStrike IT outage.
Being forced to stop operations is costly. Some estimates put the damage bill from the outage at more than A$1 billion in Australia alone.
As they continue to tally the losses, it’s only natural that affected businesses will be asking who is legally responsible, and whether there’ll be any compensation.
NicoElNino/ShutterstockWhen a company makes a mistake – such as a marketing misstep or a product failure that leads to a recall – a good apology can make a big difference in how we as customers feel about them.
The rising price of food has been making headlines for the past decade. But prices have not been rising consistently across all food groups – and this has major health implications for New Zealanders.
French skipper Stéphane Le Diraison has successfully merged careers as a businessman and an athlete. Stéphane Le Diraison/InstagramThe love story business and sport is an old one. Indeed, in the 19th century, the rise of industrialisation went hand-in-hand with that of organised sports. These days, however, there’s no shortage of business magnates showing off their sporting prowess.
When discussing the creativity and ingenuity of Indigenous people, we often talk about our deadly artists, sportspeople and Elders.
But more and more, Indigenous business leaders are finding themselves in the spotlight.
This year’s NAIDOC Male Elder of the Year is Uncle Kim Collard, a Balladong/Wadjuk Elder of the Noongar Nation.
Collard established two of Australia’s largest Indigenous-owned businesses – workplace supplier Kulbardi and fleet management and salary packaging firm Kooya.
Close your eyes and imagine a world where the most innovative companies aren’t big tech giants but family-run businesses. Now open your eyes, because you don’t have to imagine it: It’s reality.
There have been growing calls for more corporate disclosure and accountability in the face of income inequality, governance failures and the mismanagement of natural resources. (Shutterstock)Companies are facing pressure to become more open about how they do business.
At its height, Australia’s largest online bookseller, Booktopia, had a A$2.4 million turnover, 5 million customers, and sold a book “every 3.9 seconds”. This week, it entered voluntary administration, a month after announcing the axing of 50 jobs and resignation of senior staff, including its chief executive.
It’s almost the Fourth of July – a day of parades, barbecue and, of course, fireworks. But while parades and barbecues are still very popular, shockingly, this year fireworks are less so.
Imports of fireworks reached a peak in 2022 of almost US$600 million, according to the U.S. International Trade Commission. But today, just two years later, my estimate is that fireworks imports will only reach about $350 million in 2024. What happened to one of U.S.’s favorite Fourth of July activities?
