Meanwhile, another internal control problems were discovered in its subsidiary, Westinghouse Electronic, in USA. Toshiba announced that it might have to write off “several billion U.S. dollars” due to the purchase of CB&I Stone & Webster Inc., a nuclear construction company, by Westinghouse. In April 2017, the conglomerate announced the outlook for fiscal year 2016 with net loss of 950billion JPY. The nuclear plant business went bad especially after 2011 Japan earthquake, and the loss of Westinghouse in 2012 and 2013 was 1,3billion USD in total. However, again, this huge loss was hidden even after the above mentioned investigation has started, until it was revealed in the end of
One of those killers, who easily outran Jack the Ripper is Herman Webster Mudgett, better known as H. H. Holmes, who bought and renovated a building in Chicago thus transforming it into a hotel where he killed foreigners, mainly women but also men and children during the World 's Columbian Exposition in 1893. “Trough his precise number of victims will never be known- estimates range into the hundreds- it seems certain that, at very least, he murdered nine people over a period of years” (Schechter, 414) Furthermore, JTR (Jack the Ripper) is not the only serial killer that was never caught and communicated with the police. The so-called Zodiac killer, who was active in 1960s-1970s and killed at least 5 people and also kept contact with the police “The Zodiac’s dialog with investigators and the media involved telephone calls and many untraceable letters that teased police and the public with cipher messages. At least twice the killer telephoned the police to report the slayings.” (Guillen, 2002) One might think JTR is so famous because of his brutality, yet nearly no one knows the story of Fritz Harmann who slaughtered 24 boys
False imprisonment is an act punishable under criminal law as well as under tort law. Under tort law, it is classified as an intentional tort as trespass to a person.False Imprisonment has been defined as the total restraint of the liberty of a person. The word ‘false’ means ‘erroneous’ or ‘wrong’. It is a tort of strict liability and the plaintiff has not to prove fault on part of the defendant. It safeguards the right to freedom of a person so that they may be able to move without restraint.
The Smartest Guys in the Room The film The Smartest Guys in the Room was based of the book with the same tile by Bethany McLean and Peter Elkind. This documentary showed how the infamous collapse of Enron happened. Enron was an American energy company that was named by fortune magazine the most admired corporation” for six straight years. However, Enron is now known for the largest scandal in corporate America. The bankruptcy lead to criminal charges against Enron’s top executives.
It 's net sales in 2011 increased by 60% compared to 2010. In 2012, Apple took 70% of all profit generated by smart phone market while Samsung is at second with 25% Limited transparency of Apple 's suppliers has been many times criticized in media (Branigan, Workers killed in blast at China plant of iPad maker Foxconn, 2011). In February 2010 Apple turned down two of its shareholder 's sustainability proposals to set up a sustainability report on Apple 's environmental policies and the impact that changes the climate. The other proposal was to establish a board of directors sustainability committee (Roos, 2010). Labor and human rights A very famous conflict involving Apple 's suppliers is the incident of suicide at Foxconn (Reuters, 2011).
Appropriation is also exploitative because it involves profit and recognition as a motive behind the illicit reproduction of cultural property without consent. The distinction
On November 4th, 2008, Japanese conglomerate Honda Motor Co., Ltd. recalls 4,000 Accord and Civic automobiles due to the detection of a potential defect in their airbags, which were manufactured by automotive parts supplier Takata Corporation. Since then, over 31 millions automobiles containing Takata technology have been recalled (Timeline: Takata Air Bag Recalls). Over the last 9 years, there have been 11 deaths and around 180 injures attributed to the defects in Takata airbags (Takata Airbag Recall - Everything You Need to Know). What initially sparked my interest in this controversy is an article by CNN Money titled, “Takata airbag victims looked like they had been shot or stabbed,” (Isidore) documenting several fatal accidents caused by a defect in an exploding airbag. For instance, a minor car accident in California back in September of 2013 turned out to tragic for the driver, as shrapnel from an exploding Takata airbag cut through his neck and fatally wounded him.
An ordinary salesman of prince castle brand milkshake mixers turned his life around after the age of 52 in the 1950s. Raymond Albert Kroc was born at oak park, Illinois on October 5 1902, oak park Illinois was where Croc spent most of his life years. It’s said that during world war 2 he lied about his age and drove Red Cross ambulance at the age of 15, a number that was incorrect since he lied about it. His parents were immigrants that originally belonged from Czech Republic and came to the United States where they made a lot of money in the property business however lost it when the stock market crashed in 1929, one of the years of the Great Depression. In these hard times Ray had different jobs like selling cups and playing as a musician
Burger King Corporation is the second largest fast food chain in the United States of America. More than 10,4000 restaurants are being franchises by this company, with locations in every 50 state and 56 other countries. It is believed that this company server 15.7 million customers per day. During 1990s, Burger King had falling sales and deteriorating franchisee relations. The company was sold to investors led by Texas Pacific Group in 2002.