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Category Archives: News and Events
Hitchhiking One’s Way Through a Marathon
Joasia Zakrzewski is a top ultramarathoner. For those not familiar with the sport, ultramarathoners run 50-miles in their races. In April 2023, during a 50-mile race from Manchester to Liverpool, Ms. Zakrzewski, picked up a ride from a friend for … Continue reading
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Remember the Astros? Apparently Not in Michigan
The allegations against the University of Michigan football team are spy-novel worthy. Allegedly, according to allegations, in great deference to libel and all that suit-worthy stuff, an attache with military experience was dressed not as a Wolverine (not the animal, … Continue reading
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On Saying Nothing and Just Wearing the Shoes
Adidas, the athletic shoe and apparel company, had a decade long relationship with rapper Kanye West (Now “Ye”). West’s shoes in the Adidas line (Yeezys) brought the company a billion dollars in sales. The relationship ended in October 2022 following … Continue reading
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The Pastor Who Was a Fencer?
Home Depot was struggling with inventory shrinkage in St. Petersburg, Florida. The company realized that to stop such high levels of theft, it needed to figure out who the fencers were. Fencers are critical for criminal networks. These networks have … Continue reading
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Her Research About Lying Was Cited 500 Times, But Is Her Research a Lie?
It would be difficult to find a professor in the field of business ethics who had not cited her research. Francesca Gino, a Harvard professor, gave us the studies with results that businesses put into practices. Her research concluded if … Continue reading
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Another CEO Bites the Dust
The former CEO of BP, Bernard Looney, resigned unexpectedly from his position at the company. There had been some allegations that Mr. Looney had been involved in inappropriate relationships with colleagues. The BP board reviewed the allegations and concluded that … Continue reading
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Wells Fargo: The Bank That Can’t Get Past
“It takes a long time to turn a big ship.” No dispute there, but Wells Fargo’s fake-account scandal exploded in September 2016. There should have been some slight tacking. However, Wells, whose stock has declined 15% since the 2016 shock … Continue reading
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The Irony of College Applicants Avoiding Writing as Inmates Embrace It
AI gives high school students the opportunity to have someone else write their college admissions application essays for them. Avoiding writing seems to be the goal for those who seek a college degree. Ironically, one of the successful programs launched … Continue reading
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Retailers Gaming their Sales Techniques
Eddie Bauer was sued by a consumer who paid $6.00 for a pair of leggings originally priced at $12.50. The consumer discovered that the original price was not $12.50, but much less. An Amazon customer complained that a $114.99 vacuum … Continue reading
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Retailers Gaming the System
We just don’t know how much inventory has been stolen from retail stores. The reason we don’t know is because retailers are using euphemisms to describe what is really happening. Their financial reports disclose that retailers are experiencing higher “shrink.” … Continue reading
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An “Oops” From the Justice Department on the KPMG Prosecutions
In the so-called “steal the exam” scandal, the federal government prosecuted a former KPMG audit partner as well as an official with PCAOB (the federal government regulator of audit firms that audits publicly traded companies). They were convicted or settled … Continue reading
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The Hazing and Hazy Mess at Northwestern
If true, the details on the hazing in the football and baseball programs at Northwestern are deeply troubling. How many times must we live through these college sports debacles before university presidents realize that college athletic programs are to colleges … Continue reading
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Product Recalls: Take Your Pain, Get It Out There, Get It Over With, or Suffer More
A new study reveals the following about the recall of medical devices and the behaviors of their CEOs: The greater the level of stock ownership by the CEO, the longer the delay in issuing the recall for the medical device … Continue reading
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NCAA and Accountability
The NCAA found that the University of Tennessee gave $60,000 of forbidden benefits. Those benefits included $5,000 and $6,000 payments to the parents of football players. The former head coach of the Titans also worked with others in the Athletic … Continue reading
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