Ex-Proskauer CFO Zeroes in on Cancer as Cause of Firing

Written on May 25, 2013 by Editor - Business News

A former Proskauer Rose chief financial officer who sued the firm in 2011 alleging that various forms of discrimination led to her termination has whittled the claims contained in her initial suit to a single allegation: that the firm forced … Continue reading →


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Rue21 Sale Offers Retail Therapy for Three Am Law Firms

Written on May 25, 2013 by Editor - Business News

Apax Partners is the latest private equity firm to turn to a shopping mall stalwart for a major purchase. Warrendale, Pennsylvania–based clothing company rue21, which sells what it describes as affordable teen fashions, said Thursday that it has agreed to … Continue reading →


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The Careerist: Law School Applications Are Up …And Down

Written on May 25, 2013 by Editor - Business News

A quick look at recent law school news: Law school applications are on the ascent—though they are actually down. The Faculty Lounge blog has good news for anxious law school administrators: Applications are up. Sort of. . . Click here … Continue reading →


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IMF chief Lagarde made key witness

Written on May 25, 2013 by Editor - Top News Stories

24 May 2013 Last updated at 16:28 ET Please turn on JavaScript. Media requires JavaScript to play. Speaking after a second day of questioning, Ms Lagarde insisted she had always acted in the interests of the state A French court … Continue reading →


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Heathrow back to normal after ‘fire’

Written on May 25, 2013 by Editor - Top News Stories

25 May 2013 Last updated at 01:02 ET Please turn on JavaScript. Media requires JavaScript to play. Eyewitness Steve Fryer: “Flames were coming out of it” Heathrow operator BAA says it is expecting business as usual on Saturday after a … Continue reading →


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Two questioned after UK plane alert

Written on May 25, 2013 by Editor - Top News Stories

25 May 2013 Last updated at 01:46 ET Please turn on JavaScript. Media requires JavaScript to play. Passenger: “Pilot announced there had been some kind of threat” Two men are being questioned on suspicion of endangerment of an aircraft after … Continue reading →


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Warnings over flagship projects

Written on May 25, 2013 by Editor - Top News Stories

25 May 2013 Last updated at 00:16 ET The decision to award the £5bn West Coast Main Line franchise – currently run by Virgin – to FirstGroup was scrapped More than 30 of the coalition’s flagship schemes, including Universal Credit … Continue reading →


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Visa, Mastercard ask U.S. court to declare card fees are lawful

Written on May 25, 2013 by Editor - Business News

By Jessica Dye NEW YORK | Fri May 24, 2013 5:40pm EDT NEW YORK (Reuters) – Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal … Continue reading →


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Senator urges ‘extreme caution’ on SoftBank -Sprint deal

Written on May 25, 2013 by Editor - Business News

By Doug Palmer and Liana B. Baker WASHINGTON | Fri May 24, 2013 5:53pm EDT WASHINGTON (Reuters) – An influential senator expressed strong concerns on Friday about Japanese company SoftBank Corp’s (9984.T) plan to buy 70 percent of Sprint Nextel … Continue reading →


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Lobbying in American-US Airways deal focuses on small cities

Written on May 25, 2013 by Editor - Business News

By Karen Jacobs Fri May 24, 2013 9:20pm EDT (Reuters) – US Airways Group (LCC.N) and American Airlines (AAMRQ.PK), seeking approval for a merger that would create the world’s largest airline, are warning lawmakers that a requirement to divest certain … Continue reading →


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