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Sunday, December 6th, 2009

Welcome Back: Dow Reemerges

June 12, 2009 by Mark Ellis  
Filed under Business

Welcome Back: Dow Reemerges

It has been a long time in coming, but today marks the day that the Dow Jones Industrial average finally peaks its head out from the sea of red to join us once again in the land of the positive. After gaining all of 28 points, or 0.3 percent, the Dow finished at 8,799.26, above its 2008 close of 8,776.39.
 
Furthermore, the past fourteen weeks have demonstrated the largest gain within a similar time span since March 1975, with the Dow having risen 33 percent. Also, in the last fourteen weeks, the Dow has risen twelve of these weeks, signaling a …read more

Are Fines Enough When Harm is Done?

January 25, 2008 by Ali  
Filed under Business

Are Fines Enough When Harm is Done?

We are an opinionated bunch here at the Business Channel so this month we’ve got some debates going on between blogs known as the Odd Blog Couple. Liz at Business and Blogging and I are tackling the question of how to handle companies which engage in potentially harmful behaviors.
Companies which engage in potentially harmful behaviors with results such as environmental dangers or distribution of unsafe products often simply pay a fine as damages and move on. Should the punishment for these behaviors include a public mea culpa?
My understanding of the term mea culpa is to take responsibility, to say it …read more


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