30 June, 2015 by The TZ Newswire Staff Comments Off on $18M verdict in Wall Street sex harassment suit
$18M verdict in Wall Street sex harassment suit
A young woman who sued her former executive boss over allegations of sexual conquest, betrayal and stalking was awarded $18 million by a federal jury.
30 June, 2015 by The TZ Newswire Staff Comments Off on Obama to expand overtime eligibility for millions of workers
Obama to expand overtime eligibility for millions of workers
The Obama administration plans to raise the wages of millions of Americans who work more than 40 hours a week by requiring employers to pay them overtime. Workers who earn as much as $970 a week would have to be paid overtime even if they’re classified as a manager or professional, according to a plan outlined on the Department of Labor website Tuesday. The White House issued a fact sheet Tuesday that said 4.7 million workers nationwide would be affected within the first year.
30 June, 2015 by The TZ Newswire Staff Comments Off on The Latest: Greece’s Varoufakis says IMF won’t be paid
The Latest: Greece’s Varoufakis says IMF won’t be paid
The latest news on Greece’s financial woes on a day a big repayment to the International Monetary Fund is due and the country’s bailout program with European creditors ends (all times local): ___ 2.10 …
30 June, 2015 by The TZ Newswire Staff Comments Off on Willis Group buying Towers Watson in $18B deal
Willis Group buying Towers Watson in $18B deal
The insurer Willis Group Holdings PLC is buying Towers Watson in an all-stock deal valued at about $18 billion. The combined company will be called Willis Towers Watson and will have about $8.2 billion …
30 June, 2015 by The TZ Newswire Staff Comments Off on The New York Post: Walmart sold ‘U.S.-made’ products that were actually foreign
The New York Post: Walmart sold ‘U.S.-made’ products that were actually foreign
America’s biggest retailer has been selling products online that claim to be made in the USA when they are not.
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30 June, 2015 by The TZ Newswire Staff Comments Off on These lurking debts may turn U.S. cities, states into Greece
These lurking debts may turn U.S. cities, states into Greece
Public pensions have recently turned into the biggest headache for municipal bond investors, as cities are issuing risky bonds to fund their pensions.
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30 June, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Labor Department expected to make millions more eligible for overtime
The Wall Street Journal: Labor Department expected to make millions more eligible for overtime
Millions more Americans who work in excess of 40 hours a week will qualify for overtime pay under a proposed rule the Labor Department is expected to unveil this week—a signature White House initiative aimed at strengthening the middle class and tackling income inequality.
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