From Sunday, French companies will be required to guarantee their employees a “right to disconnect” from technology as the country seeks to tackle the modern-day scourge of compulsive out-of-hours email checking. On 1 January, an employment law will enter into force that obliges organisations with more than 50 workers to start negotiations to define the...
Hedge fund manager Och-Ziff Capital Management Group LLC (Och-Ziff) has agreed to pay a $412 million settlement, of which up to $213 million are criminal penalties imposed in connection with a widespread scheme involving the bribery of officials in the Democratic Republic of Congo (DRC) and Libya—a violation of the Foreign Corrupt Practices Act(FCPA) . The settlement is considered...
Williams Cos Inc shareholder Corvex Management LP has asked the U.S. oil and gas pipeline company to revamp its board with a majority of new directors by replacing members or adding new ones, a regulatory filing on Wednesday showed. Corvex, a New York-based hedge fund led by Keith Meister, urged Tulsa, Oklahoma-based Williams to make...
A judge for the US District Court for the Northern District of California on Tuesday gave preliminary approval to a $15 billion settlement between German automaker Volkswagen AG (VW) and the US Environmental Protection Agency (EPA), California officials and consumers. Judge Charles Breyer’s ruling allows attorneys to begin gathering information from nearly 500,000 consumers whose diesel-powered vehicles were found to have violated US emissions...
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