Wal-Mart faces $2B penalty in Minnesota wage violations
Minnesota judge rules Wal-Mart may face up to 2 billion dollars in fines for willful wage and hour violations as juries will later set the actual amount. plaintiffs describe off the clock work and denied breaks at the Valley Minnesota store while lawyers say the ruling could influence similar cases nationwide.
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Wal-Mart Stores Inc
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King
Nancy Braun
Valley
Braun
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Daphne Moore
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Veggie oil fuel sparks legal hurdles for converts
Laurel Maryland physicist Mark Nagurney joins thousands converting diesel cars to straight vegetable oil SVO. He faces license, bond and tax requirements and EPA warnings while advocates tout cleaner burning but critics cite emissions and legality concerns.
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Laurel, Md
Nagurney
America
Golden Fuel
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Baltimore Sun
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G-8 urges care on food bans during summit
The G-8 will press developing nations to voluntary restraint on farm export bans. A special food crisis document to be issued at Toyakocho calls for an African productivity timetable and a plan to curb rising world food prices. Countries like Russia Indonesia Egypt India and Argentina have restricted exports recently.
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Toyakocho
Japan
Russia
Indonesia
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India
Argentina
Wit
Starbucks to close about six hundred U S stores
Starbucks will close roughly 600 underperforming company operated stores in the United States over the next nine months and open fewer than 200 new U S stores in fiscal 2009. Chair Howard Schultz said the move forms part of transforming the company to improve its U S business long term.
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Starbucks
Seattle Coffee Company
United States
U.S
Howard Schultz
AK Steel Joins S&P 500 Amid Market Rise
The Ohio based AK Steel, headquartered near Cincinnati, moves onto the S&P 500 index replacing Countrywide Financial after its Bank of America acquisition. Shares have surged over 70 percent in the past year due to stronger demand and higher steel prices.
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Westchester
AK Steel
Cincinnati
Standard & Poor
Countrywide Financial Corp
Bank of America
NEOUCOM president to leave when contract expires
Cleveland report states Dr. Lois Nora, president and dean of medicine at Northeastern Ohio Universities Colleges of Medicine and Pharmacy, will depart when her 18 month contract ends.
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Cleveland
Northeastern Ohio Universities Colleges of Medicine and Pharmacy
Neoucom
Lois Nora
Dayton utility settles tax dispute for 42 million
DPL Inc the parent of Dayton Power and Light Co says it will pay 42 million to end a long standing tax dispute with Ohio Department of Taxation which had alleged more than twice that amount. The settlement will not raise electricity rates for DP and L customers.
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Dayton
Ohio
DPL Inc
Dayton Power & Light Co
Department of Taxation
DPL
Dp&l
Ee Wire
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