Wal Mart class action status denied in Florida suit
A Florida judge refused to grant class-action status to a Wal Mart wage lawsuit accusing the retailer of making low level workers work through breaks and return to unfinished tasks after clocking out. The ruling warned that determining damages could spawn thousands of trials for 90,000 to 230,000 Florida employees since 1997. The plaintiffs may pursue a federal class action under the Fair Labor Standards Act to limit eligible joiners.
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Associated Press
Panama City
Fla
Wal-Mart
Circuit
Glenn Hess
Hess
Florida
Panama City Beach
Chipley Wal-Mart
H. Lee Scott
National Retail Federation
New York
Halliburton faces new corruption probes over Iraq contracts
The Bush administration records two Halliburton workers being fired and a $6.3 million repayment to the Army amid overcharge and kickback allegations tied to Kuwaiti subcontractors in Iraq. Pentagon probes expand to fuel deliveries as Halliburton counters political motives while promoting an image campaign.
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Washington
Iraq
Joe Lieberman
D-Conn
Cheney
Halliburton
Pentagon
Wendy Hall
U.S
Army
Hall
CNN
KBR
Indian exporters challenge US antidumping suit on farm raised shrimp
India’s Seafood Exporters Association will file with the US ITC arguing Indian shrimp varieties differ from US shrimp and cause no harm. The Southern Shrimp Alliance accuses imports from Thailand, China, Vietnam, Brazil, Ecuador, and India of undercutting US harvests. advocates say antidumping duties would raise Indian shrimp prices in the US market. Eight Indian exporters are in the US to fight the case, which could cost up to $1.5 million.
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Cochin
India
Southern Shrimp Alliance
Exporters’ Association
Seafood Exporters Association
U.S. International Trade Commission
United States
U.S
Sandy Joseph
Associated Press
U.S. Department of Commerce
International Trade Commission
Association
U.S. States
Texas
Recovery still moving in markets despite uneven rebound
The stock market shows mixed health as major indexes recover but remain below peaks. While the Dow hovers around 10,000 and the S P 500 nears its 2000 highs, Nasdaq remains under half its peak. S P’s industry sectors indicate pockets of strength, with four sectors ahead of 2000 levels and three near them, while telecoms tech and utilities lag.
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