Wal Mart workers in Oregon win overtime verdict
A federal jury ruled Wal-Mart forced Oregon employees to work unpaid overtime from 1994 to 1999. More than 400 workers across 94 stores sued, claiming off the clock tasks and withholding hours. A separate trial will set damages. Wal-Mart disputes the scope, noting policy requires proper pay.
MENTIONED IN THIS ARTICLE
Portland, Ore
Wal-Mart
Oregon
Gon Stores
Bill Wertz
Car
Olyn Thiebes
Betty Alderson
Salem
United States
US storefronts offer cheaper Canadian drugs
Delray Beach resident Mary Jane Gregory saved about 33 percent buying prescriptions through Discount Drugs of Canada, which ships orders from Winnipeg. The model uses local storefronts to connect customers with cheaper foreign drugs, sparking regulatory ambiguity. Regulators have not yet moved to crack down as many customers are elderly with limited insurance. Florida pharmacies report growing similar ventures in Fort Myers Orlando and Naples.
MENTIONED IN THIS ARTICLE
Delray Beach
Fla
Mary Jane Gregory
Discount Drugs of
Canada
Winnipeg
Mexico
Maz
Hace Cadoval
Earle Turow
Turow
Gregory
Deerfield Beach
Atlanta
Scottsdale
Ariz
Mall of America
Minneapolis
Florida
Fort Myers
Orlando
Naples
John Taylor
Florida Board of Pharmacy
Discount Drugs of Canada
United States
Trade deficit shrinks to 35 billion in October
The Commerce Department reports the October U.S. trade deficit at 35.1 billion, the best since March, aided by a drop in imports due to the West Coast dock dispute. The October improvement follows September's 37.1 billion deficit, with higher imports hit by a 10 day port shutdown.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
U.S
Bush
Merrill Lynch
Stan Shipley
Shipley
Congress
Joel Naroff
Holland, Pa
Naroff
Chile
Regulators and Wall Street near global settlement on conflicts
Regulators and major banks and brokerages were finalizing a global settlement to end multiple probes into conflicts of interest. The deal, likely announced in New York, would impose about 1 billion in fines and establish a 1 billion restitution fund to buy and distribute third party stock research to clients.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Lower Manhattan
Eliot Spitzer
US. Securities and Exchange Commission
SEC
Spitzer
Citigroup
Salomon Smith Barney
Credit Suisse First Boston
Credit Suisse
Weill
Salomon
Jack Grubman
Morgan Stanley
Goldman Sachs
Bear Stearns
Lehman Brothers
UBS Warburg
Deutsche Bank
U.S. Bancorp
Piper Jaffray
Thomas Weisel Partners
CEP Inc
Dollar slides amid fears of war with Iraq
The dollar fell further as negative sentiment deepened amid signs of a potential US led war with Iraq. Secretary Powell warned of Iraq’s UN weapons declarations, while Hans Blix noted inconsistencies and little new information. Analysts said UN findings appear to impact the dollar.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
Iraq
Colin Powell
United Nations
U.N
Hans Blix
U.N. Security Council
Also Mentioned on This Page
Wal- Mart
New York Stock Exchange
Callifornia
Back Bay
The
Washington Post
Sanford Weill
Merrill Lynch and Co
Merrill
Liely
Michael McGuinness
American Eynrees, Eploses
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