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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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EU considering Bangladesh action

Category : Business, World News

The European Union says it is considering “appropriate action” to encourage an improvement in working conditions in Bangladesh factories.

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The struggle to get France working again

Category : World News

Hollande’s struggle to get France working again

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Ban ‘insider’ tax accountants – MPs

Category : World News

MPs call for a ban on external accountants working inside government, to stop them telling clients about tax loopholes they have found.

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J.C. Penney’s latest survival tactic

Category : Business, Stocks

The retailer drew money from its existing credit line to replenish inventory and for other working capital. Stock bounced higher.

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Say hello to zero hours, kiss goodbye to workers’ rights | Tanya Gold

Category : Business

Our labour market looks more and more like The

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Workers in the boardroom: From the archive, 9 April 1970

Category : Business

Labour party look at proposal to encourage workers to participate directly in management

The Government is considering a fundamental review of company law to allow workers to sit on boards. Mrs Barbara Castle, Secretary for Employment and Productivity (DEP), has written to employers and the Trades Union Congress (TUC) telling them of her interest in plans to encourage workers to participate directly in management. A confidential document from the DEP on industrial democracy admits that very large issues are involved, adding that they “could involve a fundamental review of company law and of the accountability of management to employees.”

The TUC yesterday set up a special working party to clarify union attitudes. Sir Sidney Greene, TUC president, is to take the chair and among other members will be Mr Jack Jones of the Transport and General Workers’ Union. The Government paper poses a series of questions about the appointment and authority of workers as directors. The TUC will give Mrs Castle a general reply before embarking on a detailed study.

TUC leaders are expected to tell the DEP that worker directors must be appointed only by the unions and not by shareholders nor by direct election from the shop floor. They believe there need be no conflict of interest between such directors and their union colleagues during plant-level wage bargaining. TUC staff point out that ordinary directors have to juggle their institutional interests and those of shareholders.

Mrs Castle draws attention to West Germany where companies have two boards – one composed of working managers and the other taking a supervisory role. The TUC has not decided whether it wants a similar set-up here and, until it does, it will find difficulty in saying whether it wants full-time voting positions on boards, union officials sitting on a part-time basis, or rank and file workers attending board meetings as advisers.

In the public sector at least, the TUC wants a much more radical approach to the whole question of worker representation. It will tell the Government that union nominees should come from the industry and the region in which they serve as part-time members, and that they should be allowed to continue to hold rank and file union positions during their terms of office.

More jobs in UK video games industry

Category : Business

The number of people working in the video games industry has grown for the first time in three years, claims report

Originally posted here: More jobs in UK video games industry

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Ericsson and STMicroelectronics agree on strategic way forward for ST- Ericsson

Category : Stocks, World News

STOCKHOLM, SWEDEN–(Marketwire – Mar 18, 2013) – Ericsson (NASDAQ: ERIC) and
STMicroelectronics (NYSE: STM) today announced an
agreement on the way forward for the joint venture (JV) ST-Ericsson. As
communicated by the parent companies in December 2012, both have been
working
together toward a strategic solution for the JV. After months of intensive
joint
work, the parent companies have selected the strategic option which
maximizes
their respective future prospects and growth plans.

Original post: Ericsson and STMicroelectronics agree on strategic way forward for ST- Ericsson

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VIDEO: Your Money: Pay day loans and older workers

Category : Business, World News

This week on Your Money, Philip Hampsheir looks at negative equity in the housing market, the crack down on pay day lenders, and how working past retirement can affect people’s pensions.

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NanoTech Entertainment, Inc. (NTEK: OTC Link) | NanoTech Entertainment (NTEK) Announces Inside NanoTech Channel

Category : World News

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NanoTech Entertainment (NTEK) Announces Inside NanoTech Channel

Company to Provide Insight into the Inner Workings of the Company’s Operations and Growth

PR Newswire

SAN JOSE, Calif., March 8, 2013

SAN JOSE, Calif., March 8, 2013 /PRNewswire/ — NANOTECH ENTERTAINMENT (OTCPINK: NTEK) today announced that it will be launching a new channel, Inside NanoTech.

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