EEOC Investigating Mandatory Retirement Age for Law Firm Partners

The Equal Employment Opportunity Commission is investigating whether mandatory retirement provisions at Deloitte LLP violate federal employment law. The American Institute of Certified Public Accountants, the trade association for the profession, entered the fray yesterday, essentially urging the EEOC to … Continue reading


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Air Bag Recalls Renew Doubts About Carmakers’ Responses to Defects

A deepening crisis involving deadly air bags is shaking confidence in the ability of automakers including Toyota Motor Corp. and Honda Motor Co. to ensure the safety of millions of U.S. drivers. Toyota is advising U.S. owners to keep passengers … Continue reading


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Jury Finds Guardrail Maker Trinity Cheated Government; Liability Could Top $1 Billion

Trinity Industries Inc. faces a potential liability of $1 billion after a jury found the company defrauded the U.S. by deliberately withholding information about cost-saving changes to its highway guardrail system that potentially made it more dangerous. Jurors in Marshall, … Continue reading


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SterlingRisk Insurance Launches Aircraft Business Income Cover

SterlingRisk Insurance, a privately-owned brokerage based in Woodbury, N.Y., has launched aircraft business income coverage designed for both the aircraft owner and operator to protect their expected charter revenue from loss due to unscheduled maintenance and cancelled flights. The product … Continue reading


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Six Am Law 100 Firms Smooth Way for Another Pipeline Deal

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‘Rapid deterioration’ in jail safety

21 October 2014 Last updated at 13:45 There has been a “rapid deterioration” in prison safety in England and Wales, the prisons inspector has warned. Nick Hardwick said staff shortages, population pressures and prison policy all contributed to problems, with … Continue reading


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UK spy drones to fly over Syria

21 October 2014 Last updated at 13:21 The government said the Reaper drones would be used for intelligence gathering The UK will fly unmanned drones over Syria in the battle against Islamic State (IS) militants, the Ministry of Defence has … Continue reading


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Exam appeals change 45,500 grades

21 October 2014 Last updated at 12:20 By Sean Coughlan BBC News education correspondent There was a sharp rise in the number of appeals against exam results … Continue Reading »


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Woman dies after being hit by tree

21 October 2014 Last updated at 14:23 The London Fire Brigade are working at the scene outside Hyde Park Barracks to remove the tree A woman has died after being hit by a falling tree in high winds in London. … Continue reading


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A mega-bull’s playbook for market selloffs

There is no shortage of excuses when explaining why the SP 500 Index (^GSPC) has experienced a wild ride this month. Whether it’s the Ebola virus, the threat of ISIS or Europe’s weak economy, all three continue to create buying … Continue reading


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Gross move sees Janus fund inflows jump over 500%

The Janus Global Unconstrained Bond fund saw inflows jump over 500 percent in September after it was announced star fund manager Bill Gross left Pimco to manage the fund. The fund, still relatively small in size when compared to Gross’s … Continue reading


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Customer decline hits McDonald’s sales, profit

NEW YORK (AP) — McDonald’s says its profit and sales declined as the world’s biggest hamburger chain saw customer traffic fall around the world. The company said sales fell 3.3 percent globally and in the U.S. during the third quarter. … Continue reading


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