BRIEFCASE.Byline: - Staff and Wire Services Zenith Insurance agrees to settle WOODLAND HILLS - Zenith Insurance Co. will pay $180,000 to settle a discrimination lawsuit alleging it turned down black job applicants, the U.S. Equal Employment Opportunity Commission announced Thursday. Under the agreement, 10 black plaintiffs will share the payout, according to the commission. The discrimination suit, which was filed by the EEOC EEOC abbr. Equal Employment Opportunity Commission EEOC n abbr (US) (= Equal Employment Opportunities Commission) → comisión que investiga discriminación racial o sexual en el empleo on behalf of the applicants, alleged qualified people were not hired because of their race, and that Zenith Insurance favored Latino applicants. Tenet Healthcare will pay $215 mil DALLAS - Tenet Healthcare Corp. said Thursday it will pay $215 million to settle federal class-action 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. stemming from charges that the hospital operator misled investors about Medicare payments. The company said it expects insurance will cover about $75 million and it will take a $140 million charge against fourth-quarter earnings. Two former executives agreed to make additional payments. Tenet said former Chairman and Chief Executive Officer Jeffrey C. Barbakow will pay $1 million and Thomas B. Mackey, former chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , will pay $500,000. Tenet said the agreement also covered derivative lawsuits filed in a California state court by shareholders on behalf of the company against former directors and senior executives. If the state court approves the settlement, Tenet expects the federal court would dismiss a derivative lawsuit filed in Los Angeles. UFW UFW United Farm Workers (union) UFW United Factory Warehouse severs ties with the AFL-CIO AFL-CIO: see American Federation of Labor and Congress of Industrial Organizations. AFL-CIO in full American Federation of Labor-Congress of Industrial Organizations U.S. WASHINGTON - The United Farm Workers The United Farm Workers of America (UFW) is a labor union that evolved from unions founded in 1962 by César Chávez, Philip Vera Cruz, Dolores Huerta, and Larry Itliong. This union changed from a workers' rights organization that helped workers get unemployment insurance to that of union has left the AFL-CIO and will join a group of breakaway unions known as the Change to Win Coalition, in a move the UFW hopes will boost recruiting efforts, officials said Thursday. The United Farm Workers of America The United Farm Workers of America (UFW) began in 1962 as a coalition of poorly paid migrant farm workers and grew into a powerful Labor Union that has consistently fought to increase wages and improve working conditions for its members. , with about 27,000 members, joins the Service Employees International Union, the Teamsters Teamsters large, powerful union of U. S. truckers. [Am. Hist.: NCE, 2703] See : Labor , the United Food and Commercial Workers The United Food and Commercial Workers International Union is a labor union representing approximately 1.4 million workers in the United States and Canada in many industries, including agriculture, health care, meatpacking, poultry and food processing, manufacturing, textile and , UNITE HERE and the Carpenters in forming the dissident Change To Win Coalition. The Laborers International Union of North America also is part of the new federation, but has not left the AFL-CIO. UFW already was allied with the Change to Win unions but sent a letter two days ago informing the AFL-CIO, a federation of more than 50 unions, of its plans to leave. GM vehicle sales most in 27 years DETROIT - General Motors Corp. said Thursday it sold 9.17 million vehicles worldwide in 2005, the most it has sold in 27 years. Sales were up 2 percent from the 8.99 million vehicles sold in 2004, the company said. It was only the second time the world's largest automaker has sold more than 9 million vehicles. The company set an all-time sales record of 9.5 million vehicles in 1978. GM said sales rose 20 percent in its Asia Pacific region and 19 percent in Latin America, Africa and the Middle East. GM also posted a 1.3 percent gain in Europe. Nikon shuttering 35 mm cameras 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 - Nikon Corp., which helped popularize pop·u·lar·ize tr.v. pop·u·lar·ized, pop·u·lar·iz·ing, pop·u·lar·iz·es 1. To make popular: A famous dancer popularized the new hairstyle. 2. the 35 mm camera five decades ago, will stop making most of its film cameras to concentrate on digital models. The Japanese company said it wanted to focus on ``business categories that continue to demonstrate the strongest growth'' as film cameras sales keep shrinking. Nikon will discontinue seven film-camera models, leaving in production only the current top-line model, the F6, and a low-end manual-focus model, the FM10. It will also stop making most of its manual-focus lenses. SEC opens inquiry on Depot practice ATLANTA - The Securities and Exchange Commission has opened an informal inquiry into how The Home Depot Inc., the nation's largest home improvement store chain, records credits it receives from vendors for defective merchandise, a company spokesman said Thursday. The Atlanta-based company complied with the SEC's request several months ago for information related to Home Depot's return-to-vendor procedures, spokesman Jerry Shields said. The current status of the inquiry is not clear. Shields would not elaborate on the inquiry. |
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