Initial ballot results should come in around 11 p.m.
In recent months, we've seen a host of companies protest the Chamber of Commerce's stance on global warming by either speaking out or resigning: Apple, Nike, GE, Johnson & Johnson, three electric utilities... The Chamber, in turn, has pointed out that the vast majority of its three million members haven't defected. Fair enough, but that raises a question: How did the Chamber's climate policy get decided in the first place? Was it a transparent, open process, and Apple and Nike are just sore losers? Nope.
We can now add Apple to the list of companies bidding the Chamber of Commerce farewell over the group's obstruction on climate policy. This is the Chamber's highest-profile defection to date, and one that's guaranteed to keep the story percolating in the news a bit longer.
Score one more for the corporate responsibility crowd: Pacific Gas & Electric has up and left the U.S. Chamber of Commerce, citing “irreconcilable differences” with the business lobby’s climate policy.
There is a revolution afoot, according to the Nike shoe company—a revolution in sneakers, heralded by a $7 million TV ad campaign featuring the Beatles song "Revolution." It's the first time that Capitol Records has licensed an original Beatles record for use in a TV commercial. The 30-second ads, done in a black-and-white documentary style, feature ordinary jocks intercut with sports superstars such as basketball player Michael Jordan and tennis champion John McEnroe, while John Lennon sings, "You say you want a revolution." The new sneakers cost $75 a pair.