BRIEFCASE POLO PLAINTIFF SEEKING OTHERS.Byline: - Staff and Wire Services SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden - Lawyers for a Polo Ralph Lauren Polo Ralph Lauren (NYSE: RL) is American fashion designer Ralph Lauren's luxury lifestyle company. Polo Ralph Lauren specializes in high-end casual/semi-formal wear for men and women, as well as accessories, fragrance, and housewares. employee suing the fashion giant are broadening efforts to attract more plaintiffs to the class action suit, a spokesman said Monday. ``It's important as this case moves forward that there be more people named as plaintiffs,'' said Jon Greer, a spokesman for attorney Patrick Kitchin, who is representing Toni Young in her suit against Polo. A Web site explaining the lawsuit was posted to help spread the word to other potential plaintiffs, Greer said. Young's suit filed last month in U.S. District Court in San Francisco said sales associates at Polo stores are forced to spend up to a third of their annual income on Ralph Lauren Ralph Lauren (born Ralph Lifschitz on October 14, 1939) is an American fashion designer and business executive. Life Ralph J. Lauren was born in the New York City borough of The Bronx to Ashkenazi Jewish immigrants Fraydl (Kotlar) and Frank Lifshitz, a house fashions to keep their jobs. The complaint was filed Sept. 19 by Young on behalf of other unnamed plaintiffs. It claims Ralph Lauren's Polo stores require sales representatives to purchase and wear the retailer's latest clothing lines. A spokeswoman for Polo Ralph Lauren in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of said the company does not comment on pending litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . Ducommun sells subsidiary stock Los Angeles-based Ducommun Inc. announced Monday that it has sold the capital stock of its seating subsidiary, Brice Manufacturing Co. Inc., to Timco Aviation Services Inc. for $1.3 million in cash. The sale price is subject to adjustment based on a closing balance sheet. The company expects to report a net loss on the sale in the range of $600,000 to $700,000 in its third quarter 2002 financial statements. In the six-month period ended June 29, Brice had sales of $3.5 million and an operating loss operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. of $673,000. Founded in 1849, Ducommun Inc. manufactures components and assemblies for the aerospace industry. CSC signs 3-year accord with BT EL SEGUNDO - Computer Sciences Corp. said Monday that it has signed a three-year information technology outsourcing Information Technology Outsoucing or ITO is a company's outsourcing of computer or Internet related work, such as programming, to other companies. It is used in refence to Business Process Outsourcing or BPO, which is the outsourcing of the work that does not require so much agreement with British Telecommunications plc. The agreement, valued at $130 million, includes provisions for continuing service beyond the initial three-year term. El Segundo-based CSC will provide application support and development for 150 systems which support BT's global communications network Global Communications Network or (GCN) is an instant messaging client for Microsoft Windows. The software is provided free of charge but is supported by banner advertisements. In addition to chat services, users are also provided with free e-mail and webspace. operations. CSC will also provide other internal support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for desktops, servers and help desk areas. About 425 BT employees and contractors transitioned to CSC on Oct. 1. Venture capital losses deepening SAN FRANCISCO - Venture capital losses are deepening as the high-tech slump drags on, according to a research report released Monday. Venture capital funds Venture Capital Funds An investment fund that manages money from investors seeking private equity stakes in small and medium-size enterprises with strong growth potential. Notes: plunged by an average of 27 percent for the year ending June 30, according to the study by Thomson Venture Economics for the National Venture Capital Association. That performance eroded from an average loss of 23.8 percent for the year ending March 31, the study said. After reveling in triple-digit investment returns during the dot-com boom of the late 1990s, venture capitalists have been staggering in the tech meltdown. The industry has suffered losses in seven consecutive quarters. Ohio Honda plant returning to work Production at a Honda of America Manufacturing Co. plant in Ohio will resume today after being shut down for a day because of the labor dispute at West Coast ports. Honda was forced to stop making Accords and Acuras at its plant in Marysville because of a parts shortage created by the lockout lockout, intentional closing up of a company, factory, or shop by an employer to prevent employees from working during a strike or labor dispute. The term lockout . After being shut down Thursday and Friday, production resumed Monday at Honda's plant in East Liberty, which makes the Civic, Honda spokesman Ed Miller said. Workers at 29 major West Coast ports were ordered back to their jobs Wednesday after the 10-day lockout, but it could be months before the backlog of shipments has been cleared. With the docks open again, Honda said it has begun receiving a flow of parts to its plants. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion