Con Ed: It’s not right to risk New Yorkers’ health just to turn up the heat on workers. End the lockout and keep the city cool. In the midst of a crushing heat wave, Con Ed has locked out 8000 workers who should be on the job maintaining the power system so the AC can stay on, just when it’s needed most. Management broke off contract negotiations when workers wouldn’t agree to steep cuts in pensions and healthcare. Con Ed is putting New Yorkers at risk for a blackout, just to slash workers’ benefits. Not cool. Heat waves like this [ Read More ]
“It will take a lot more than a letter from a lawyer to shut me up,” says Sodastream CEO Daniel Birnbaum. Sodastream (NASDAQ:SODA), the Israel-based company that manufactures home soda-making products, has received a cease-and-desist letter from The Coca-Cola Company (NYSE:KO) in South Africa. The letter was in relation to an outdoor marketing campaign, which Sodastream refers to as “the cage.” The exhibit features cans and bottles that Sodastream employees collect from dump sites which are placed in a giant cage used to illustrate how many bottles and cans a family uses over the course of either three or five [ Read More ]
Published: Thursday, April 19, 2012, 4:03 PM Updated: Thursday, April 19, 2012, 5:22 PM By: The Jersey Journal | NJ.com NEWARK — A Jersey City man who used his New York auto repair business to perpetuate bank fraud was sentenced today to 41 months in prison for his role in the scheme, which caused four banks to lose roughly $1 million, U.S. Attorney Paul J. Fishman announced. Syed Rehman, 45, previously pleaded guilty before U.S. District Judge Jose L. Linares to an Information charging him with one count of bank fraud, admitting he was part of a scheme involving the [ Read More ]
From the Washington Bureau By Arthur D. Postal State efforts to collect on unclaimed property held by insurers has mushroomed into private action lawsuits filed in Illinois, Ohio and New York against Prudential and MetLife. The lawsuits are coming to light against the background of a hearing Thursday on inaccuracies related to the Death Master File mainted by the Social Security Administration. The DMF is the primary research tool being used to allege that insurers did not follow applicable state law on unclaimed property, either by not being aggressive enough in seeking to find beneficiaries of life insurance policies, or, [ Read More ]
