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IBM Will Give Globalfoundries 1.5 Billion Dollars for Chip

IBM Will Give Globalfoundries 1.5 Billion Dollars for Chip Summary: IBM has reported that it will pay Globalfoundries $1.5 billion as part of a ten-year deal to take over an unprofitable chip that hurt IBM’s revenue. Bloomberg reports that International Business Machines Corp. (IBM) has agreed to pay Globalfoundries Inc. $1.5…>read more

No Comment October 20, 2014

Bank of America Profits Plummet in Third Quarter

Bank of America Profits Plummet in Third Quarter Summary: After settling a multibillion-dollar lawsuit with state and federal agencies, Bank of America’s profits declined due to lingering effects of the weakened economy. According to the New York Times, Bank of America reported that its profits dropped significantly during…>read more

No Comment October 15, 2014

Jimmy John’s Employees Outraged over Non-Competition Clause

Jimmy John’s Employees Outraged over Non-Competition Clause Summary: Jimmy John’s, a popular sandwich shop, has added a broad non-competition clause to its employment contract that would severely restrict employment opportunities for former workers for a two-year period. Jimmy John’s, a sandwich company known for its “freaky fast…>read more

No Comment October 15, 2014

Burger King Manager Assaults Customer for Complaining about Cold Onion Rings

Burger King Manager Assaults Customer for Complaining about Cold Onion Rings Summary: Robert Deyapp was served cold onion rings at a Burger King restaurant. When he asked for them to be warmed up, the manager attacked him with a stun gun and a switchblade. A New Mexico Burger King has a…>read more

No Comment October 10, 2014

If You Bought Red Bull in the Last Ten Years, Red Bull Owes You Money

If You Bought Red Bull in the Last Ten Years, Red Bull Owes You Money Summary: Pending final approval of a settlement, Red Bull will pay consumers $10 in cash or $15 in Red Bull products if they purchased Red Bull in the past ten years as retribution for alleged false advertising. Sadly, Red Bull…>read more

No Comment October 9, 2014

Hewlett-Packard to Break into Two Companies

Hewlett-Packard to Break into Two Companies Summary: Hewlett-Packard has announced that the company will continue as two entities, HP Inc. and Hewlett-Packard Enterprise. On Monday, Hewlett-Packard Co. announced that it will split the company into two parts, according to the Wall Street Journal. Executives explained the…>read more

No Comment October 6, 2014

Burger King Employee Sent Home for Poor Pickle Placement

Burger King Employee Sent Home for Poor Pickle Placement Summary: A major Burger King franchise has been found to be in violation of several labor laws, including punishing an employee for the arrangement of pickles on a sandwich. The National Labor Relations Board issued a ruling Monday that held…>read more

No Comment October 2, 2014

Doctors and Hospitals Make Billions By Selling Drugs and Medical Devices

Doctors and Hospitals Make Billions By Selling Drugs and Medical Devices Summary: An analysis shows that U.S. doctors and teaching hospitals made billions in 2013 from pharmaceutical companies and medical device makers. According to the Huffington Post, in the United States, doctors and teaching hospitals earned a whopping $3.5 billion just in…>read more

No Comment October 1, 2014

Apple May be Forced to Pay Back Millions in Taxes

Apple May be Forced to Pay Back Millions in Taxes Summary: The European Commission has launched an investigation into Apple’s tax practices in Ireland. Apple currently pays Irish tax rates on much of its profits, but many argue that Apple should pay U.S. tax rates instead. The Guardian reports that depending on…>read more

No Comment September 30, 2014

CVS Must Refund Thousands of Women After Illegally Charging for Birth Control

CVS Must Refund Thousands of Women After Illegally Charging for Birth Control Summary: Due to an error in CVS’ price-coding system, around 11,000 women were charged for birth control that should have been free under the Affordable Care Act. Although an Obamacare provision mandates insurers to cover generic contraceptives at zero cost…>read more

No Comment September 25, 2014

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Job of the Day
Senior Legal Analyst
USA-VA-Richmond

Altria Group is a FORTUNE 200 company that owns the premier tobacco companies in the United States including Philip Morris USA, U.S. Smokeless Tobacco Company, John Middleton and Nu Mark. The companie...