The board of clothing chain American Apparel voted Wednesday to replace founder Dov Charney in the wake of allegations of misconduct against him.
In a statement on its website, the board said that it notified Charney of its intent to terminate his employment as president and CEO. He is expected to be fired following a 30-day period, the statement added.
The U.S. Patent and Trademark Office has revoked the trademark of the NFL's Washington Redskins, after ruling in a case brought by five Native Americans who say the name disparages them. While the decision could have wide repercussions, it does not require the team to change its name. It is also subject to appeal, which the team has confirmed it will pursue.
A large swath of the Atlantic Ocean could soon be used to generate electricity, as a U.S. agency proposes opening more than 1,000 square miles of ocean to wind energy projects. The area is off the coast of Massachusetts, which has been working on the proposal with federal officials.
A corporation has one core obligation: to make money. But some companies are signing a deal, promising to create not only profit but also a tangible benefit to society and the environment. They're called benefit corporations, and their movement has caught the ear of lawmakers across the country.
In the tiny town of Gilsum, N.H., you'll find the headquarters of W.S. Badger Co. Inc. The company makes all-natural cosmetics marketed under the name Badger Balm. When CEO Bill Whyte founded the company two decades ago, the staff was lean.
It seems that everybody, going back at least to Thomas Jefferson, loves small family farms.
Yet those beloved small farms are becoming increasingly irrelevant. Big farms are taking over.
According to the latest census of American agriculture, released this year, there are two million farms in America. But just four percent of those farms account for two-thirds of all agricultural production.
O.S.T. and L.H. – their initials in court documents – are minors diagnosed with autism. Their families sued Regence, the health insurance company, for not covering all therapies related to their condition.