Goldman Sachs found guilty of sex discrimination
A federal jury in New York ruled Goldman Sachs guilty of sex discrimination against Joanne Flynn, who was passed over for a promotion, then fired. Flynn seeks about 2 million dollars plus fees, while Goldman argues to overturn the verdict. Jurors concluded she suffered discrimination in promotion denial, firing, and severance. The trial began October 7 and highlighted a rare WS trial on gender bias.
MENTIONED IN THIS ARTICLE
New York
Goldman, Sachs & Co
Wall Street
Joanne Flynn
Flynn
Doris Smith
Smith
Goldman
John F Cannon
Cannon
Goldman, Sachs
Pentagon cuts plan for cargo plane purchases
The Pentagon aims to buy about a third of the previously planned 120 C 17 cargo aircraft citing ongoing problems. Officials say the Defense Department may cancel the program if McDonnell Douglas fails to improve performance.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
Defense
Congressional
Defense Department
McDonnell Douglas Corp
Health reform details raise insurance and tobacco costs
Washington details of the Clinton Health Security Act show possible loss of the employer tax break for pre tax insurance premiums and higher Medicare Part B costs for affluent retirees. The plan could mean premiums rise by 100 to 500 dollars annually for many, while officials argue long term Americans may pay less or the same. Health and Human Services Secretary Donna Shalala.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Congress
Daniel Patrick Moynihan
DNY
Health and Human Services
Donna Shalala
Auction yard report lists weights and prices for hogs cattle and more
consignments to Kidron Auction include hogs from 190 to 210 pounds at 39 to 41.75 per hundred, 230 to 260 at 42 to 44.25, butchers sows and bears by weight, feeder pigs starting at 18 up to 50, calves steers heifers bulls and cows with varied price ranges, dairy cattle and horses also listed, plus hay straw and firewood. metals closing prices for gold silver platinum palladium and nonferrous metals reported.
MENTIONED IN THIS ARTICLE
New York
Tribune Toy
Pomcas
EMI
Ugara
Lee
AlgLudd
Sarabas
Sarabas at 27% 27 fa 2 a+ Yo Vanty
A Schimb
Lax
AmExp Ainters
Horak
Igamos
Ag Os Natnsik
AG Ag
Bae
Ash
SS Fe
DuPont
Exxon
Kidron
U S economy gains speed with July September growth surge
The Commerce Department reports a 2.8 percent annualized GDP rise for the July to September quarter, driven by a surge in consumer spending despite farm losses and defense cuts. The report boosts hopes for jobs and profits, while Wall Street hits new records.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Clinton
White House
Wall Street
United States
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Kimba Wood
Wood
Goldman. Sachs
Steven Hyman
Tokyo
Funisu Ltd
NEC Corp
Mitsubishi Electric Corp
Hitachi Ltd
Springfield. Mass
General Electric Co
Michael Duffy
Massachusetts Commission Against Discrimination
Pittsfield
Xerox
Stamford. Conn
Xerox Corp
Steve Gowden
Kansas City
General Motors
Kan
Smuckers/SJMA
Englehard
First Bancorp
Sunrse Medical
Ford Texas Utes
T.R.W
Eon
Goodneh
Woolworth
F.W
York International
Hanson
Pate
U.S
John M. Berry
The
Washington Post
Treasury Department
Bruce Steinberg
Dun & Bradstreet Corp
Merrill Lynch & Co