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Gap willing to sign Bangladesh safety accord, if tweaked
Reuters(Reuters) - Gap Inc's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly disaster in Bangladesh's garment industry, provided there were some "very minor accommodations." A series of...Tags: Bangladesh, Consumer Goods Industries, Abercrombie & Fitch Company, Old Navy, Gap Inc.
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IT firm iGate sacks CEO over undisclosed relationship
ReutersMUMBAI/BANGALORE (Reuters) - IT outsourcing company iGate Corp sacked Chief Executive Phaneesh Murthy after a company sexual harassment investigation revealed that he had not disclosed a relationship with a subordinate. Shares of the company fell 13...Tags: NASDAQ, Corporate Officers, Computing and Information Technology Industry, Forrester Research Incorporated, Stock Market
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Bankia compensation qualms signal loss of faith in Spain's banks
ReutersMADRID (Reuters) - Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favor of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking system. The...Tags: Restructuring and Recapitalization, Madrid (Spain), Trials, Lawyers, Justice System
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SEC review of brokerages use of arbitration not seen in 2013
ReutersWASHINGTON (Reuters) - Wall Street brokerages' use of mandatory arbitration clauses merits a regulatory review, but the Securities and Exchange Commission will not have time to undertake one before 2014, an SEC commissioner said on Monday. The agency...Tags: Financial Markets, Elisse Walter, Financial and Business Services, Economy, Business and Finance, Finance
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RPT-Bankia compensation qualms signal loss of faith in Spain's banks
Reuters* Spanish govt created compensation scheme to defuse scandal * Bankia expects around 150,000 people to seek arbitration * Lawyers say many people inquiring about taking cases to court By Sonya Dowsett MADRID, May 19 (Reuters) - Many duped savers at...Tags: Madrid (Spain), Lawyers, Trials, Justice System, Spain
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U.S. judge blocks $13 million arbitration award against SunTrust
Reuters* Judge finds fund not a customer under FINRA rules * Turnberry sought at least $13 mln in arbitration * Case focused on mortgage-backed securities By Nate Raymond NEW YORK, May 17 (Reuters) - SunTrust Banks Inc won an court order on Friday preventing...Tags: Mortgages, Trials, Derivative Securities, Laws, Finance
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CORRECTED-U.S. judge blocks $13 million arbitration against SunTrust
Reuters(Removes "award" from headline) * Judge finds fund not a customer under FINRA rules * Turnberry sought at least $13 mln in arbitration * Case focused on mortgage-backed securities By Nate Raymond NEW YORK, May 17 (Reuters) - SunTrust Banks Inc won...Tags: Mortgages, Trials, Derivative Securities, Laws, Finance
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Judge blocks $13 million arbitration against SunTrust
ReutersNEW YORK (Reuters) - SunTrust Banks Inc won a court order on Friday preventing a Connecticut-based hedge fund from moving forward with a $13 million arbitration over mortgage-backed securities. The ruling by District Judge Naomi Reice Buchwald in...Tags: Mortgages, Trials, Derivative Securities, Laws, Finance
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Schwab reverses ban on client class-action lawsuits
ReutersBy Jed Horowitz May 16 (Reuters) - Charles Schwab Corp has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry and plaintiffs'...Tags: Corporate Crime, Charles Schwab, Financial Markets, Laws, Justice System
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Florida court rules state time limits apply to securities arbitration
ReutersMay 16 (Reuters) - Florida's statute of limitations can apply not only to court proceedings, but to securities arbitration cases between investors and their brokers, the Florida Supreme Court ruled Thursday. The ruling, in favor of Raymond James...Tags: Raymond James Financial Incorporated, Lawyers, Financial Markets, Justice System, Financial and Business Services
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Wal-Mart, Gap skirt the issue
If the horrific garment factory collapse last month in Bangladesh has any silver lining, it is the response from more than 30 of the world's leading apparel companies — including Benetton, PVH, Abercrombie & Fitch, H&M, Inditex (Zara), Marks &...
Tags: Career and Workplace, University of California, Irvine, Tesco plc, Walmart, Companies and Corporations
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District 15 teachers file grievance over early dismissal
Just days after the Palatine Community Consolidated School District 15 Board of Education voted in favor of dismissing students early on Fridays to allow teachers time for professional development, the teachers union filed a grievance, saying the schedule...
Tags: Teachers, Career and Workplace, Unions, Students, Teaching and Learning
May 21, 2013
|Story| Reuters
May 21, 2013
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May 20, 2013
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May 20, 2013
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May 19, 2013
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May 17, 2013
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May 17, 2013
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May 17, 2013
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May 16, 2013
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May 16, 2013
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May 17, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Chicago Tribune
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