Supreme Court weighs blocking Wal-Mart sex bias suit
The Supreme Court appears ready to block a massive sex discrimination suit by up to 1.6 million women against Wal-Mart Stores Inc. If allowed to proceed, the case could reshape nationwide class actions and affect settlements. Justices pressed how much discretion supervisors have versus a controlling corporate culture guiding pay and promotions.
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Supreme Court
Wal-Mart
Wal-Mart Stores Inc
Bentonville
Ark
Kennedy
Joseph Sellers
Sellers
Wal- Mart
Sam's Club
Antonin Scalia
Scalia
Housing Market Slump Deepens Across Major U.S. Cities
In at least 14 large metro areas prices have fallen to 2003 levels and may drop further this year, draining equity in cities like Las Vegas Cleveland and Detroit while Washington bucks the trend with 11 percent gains. The S&P Case Shiller index shows prices down in 19 of 20 cities, marking a broad slowdown amid weak sales and shifting tax-credit effects.
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New York
U.S
Las Vegas
Cleveland
Detroit
Denver
Atlanta
Chicago
Minneapolis
Paul Dales
Capital Economics
Washington
Standard & Poor
David M. Blitzer
Stana & Poor's
Chris Christopher Jr
Global Insight
Inflation worries push consumer confidence lower
The Conference Board reported the Consumer Confidence Index fell to 63.4 in February from 72.0, the steepest drop since early 2010, as higher gas and food prices weigh on Americans’ outlook. Economists expected 65.4.
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New York
Conference Board
U.S
Greece
Japan
Lynn Franco
Conference Board Consumer Research Center
Kohl’s to open Maryland distribution center to add jobs
Kohl’s Corp plans a July Maryland distribution center to fulfill online orders, creating about 1,200 jobs over three years. The Edgewood facility will start with 602,000 square feet and grow to 1 million by 2012, supporting Kohl’s.com growth and total online sales target of 1 billion in 2011.
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Kohl's Corp
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Kohl's
U.S
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Calif
Monroe
Ohio
Kohl’s
Kohls.com
Ken Benning
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