An injured Kurdish defender recounts fighting against the jihadists, including seeing decapitated villagers and evidence of drug use
Companies have sweeping discretion to effectively regulate what their workers do outside of work, including running for elected office
Some reformers of Social Security focus on squeezing more money out of working Americans and their employers. Why not focus on incentives to keep older Americans working?
The health network has genetic data on more than 210,000 members
New tapes provide an unprecedented look into how bank examiners defer to the banks they are supposed to police
A handful of companies in the U.S. still paint large-scale, photorealistic advertisements
A developer builds an over-the-top mansion and waits for a buyer
Before having sex, students at California colleges must now get a clear indication that both participants agree to the act, according to a bill signed by Governor Jerry Brown
To address environmental and quality of life concerns, Bruges has approved a pipeline connecting De Halve Maan brewery to its bottling facility
By Frederik Balfour
Brands always take big risks when they team up with celebrities. Movie stars, pop singers, and athletes have been a great marketing tool; however, by the very virtue of their being constantly in the spotlight, any slipup can become a marketing disaster. The latest scandal to erupt involves none other than U.S. swimming sensation Michael Phelps, caught on camera apparently inhaling marijuana smoke from a bong, which has caused a major embarrassment for his sponsors including Kellogg, Visa, AT&T, and Speedo. On Feb. 1, Phelps issued an apology.
Whether he will continue to cash in on his eight Olympic gold medals remains to be seen. As the following slides illustrate, some celebrities such as Kate Moss have overcome scandals to resume successful and lucrative careers, while others, like O.J. Simpson, have become completely unbankable properties.