Deutsche Bank Settlement Complete
Deutsche Bank has agreed to a $7.2 billion settlement with the Department of Justice.
Business
States Urge Against Remington Trigger Settlement
Remington class action settlement specifically indicates the trigger mechanisms in the company’s guns are defective in design.
New York Construction Site Safety Questioned
The safety of construction workers in New York is being questioned after yet another nonunion worker died on the job on December 23rd, just before the Christmas holiday.
Tort Reform, Externalities, and Balance
Now that the new administration plans to throw healthcare back on the table, we’ll surely hear once again about the virtues of tort reform. A perennial conservative salve for seemingly every economic ill, tort reform reduces peoples’ ability to seek redress in court. Hypothetically, tort reform serves as a counterbalance against what the business community
The TPP Is Out, But What About a U.S.-Japanese Free Trade Agreement?
With Trump’s inauguration only a couple days away, some in the political arena are still holding out hope that the Trans-Pacific Partnership (TPP) will survive, despite the fact that Congress effectively put a stop to it, much to President Obama’s dismay. Why did they stop it, though? Was the free trade agreement really so bad? Well, yes and no. While it would have opened up more trade between twelve different nations, a big reason why Congress decided against it was because they shared the concerns of many TPP critics, including President-elect Trump, and were wary of the “pact’s complexity and lack of transparency.” After all, the full text included 30 different chapters.
Pyrrhic Victory for Johnson & Johnson
A Dallas judge’s ruling resulted in a pyrrhic victory for Johnson & Johnson. The latest and possibly last chapter in a long-lasting court case came to a close at the beginning of January. For two years, Johnson & Johnson had been fighting six plaintiffs’ accusations of negligence. At the forefront of the drama was a
Citigroup will pay $325,000 to IT Workers for Wages Owed
18 plaintiffs will receive a $325,000 settlement from Citigroup Inc. after months of litigation alleging the employer inappropriately classified a number of its information technology workers as contractors in order to avoid paying overtime wages.
LexisNexis Risk Solutions Faces Allegations of Pay Discrimination
LexisNexis Risk Solutions, a top tier leader in the risk management industry helping its customers accurately predict and manage risk, has agreed to a $1.2 million pay out in order to put to rest allegations of a pay bias made by the U.S. Department of Labor.
Getting Around Dangerous Intersections
Anywhere people drive, there are going to be accidents. However, there’s no reason that many of the most dangerous intersections can’t be made safer for drivers and pedestrians. There are several ways to dial down the number and severity of crashes at accident-prone intersections and roads. The best defense is a good offense, and the
Twinkies Recalled Over Salmonella Contamination
Unfortunately for Twinkie lovers everywhere, a seasonal version of Hostess Twinkies joined a growing list of foods on a recall list because of potential Salmonella contamination. The source of the contamination? The Valley Milk plant in Strasburg, VA. The recall itself began last November when, at the request of the FDA, “armed U.S. Marshals raided the