A partner at Foley & Lardner has sued the firm for discrimination and breach of contract, citing in his complaint that the firm treated younger, female and/or non-white employees more favorably.
IBT Staff Reporter
Mar 07, 2011
A federal judge said on Thursday he would approve the bankruptcy plan for Old GM, wrapping up one of the most complex Chapter 11 cases in U.S. history and paving the way for a distribution of General Motors stock and warrants to creditors.
IBT Staff Reporter
Mar 04, 2011
Fleeing after years of war in Iraq, many refugees arriving in the United States can't find the jobs they need to rebuild their lives. Unemployment among Iraqi refugees is estimated at nearly three times the national average of 9 percent, and up to 2,000 of those who arrived in the past four years may have left for other countries.
Samantha Nolan
Mar 03, 2011
The number of Americans filing new claims for jobless aid hit the lowest level in more than 2-1/2 years last week and service sector hiring picked up in February, signs the labor market recovery was quickening. Another report on Thursday confirmed business productivity picked up a bit in the fourth quarter
Samantha Nolan
Mar 03, 2011
Planned job cuts in the U.S rose sharply in February to reach an 11-month high, a nation-wide survey of employers revealed.
Shankar besta
Mar 02, 2011
Futures on major U.S. stock indices remained range-bound on Friday ahead of economic data including key GDP figures from the government.
Satya Nagendra Padala
Feb 25, 2011
Researchers at the University of Michigan have created the world's smallest computer - a new millimeter-scale computing system that can hold up to a week's worth of information.
IBT Staff Reporter
Feb 24, 2011
Ford Motors will recall 144,000 F-150 pickup trucks in the U.S. and Canada for potential airbag problems, the carmaker said in a statement.
IBT Staff Reporter
Feb 24, 2011
Researchers have developed what is believed to be the first complete millimeter-scale computing system, designed to be implanted into the human eye to track the progress of glaucoma, a potentially blinding disorder.
IBT Staff Reporter
Feb 24, 2011
The following is a transcript of a nearly 20 minute conversation on February 22, 2011 between Ian Murphy, a columnist for the website known as The Buffalo Beast, and Wisconsin Gov. Scott Walker. Murphy was posing as conservative activist David Koch.
IBT Staff Reporter
Feb 23, 2011
Test-prep major Princeton Review, in collaboration with USA Today, has released its annual list of 50 private and 50 public colleges in the nation that are considered to offer best value in terms of academic strength, affordability and financial aid availability.
IBT Staff Reporter
Feb 23, 2011
Investors are likely to focus on major economic data to be released during the week to gauge the strength of recovery in the world’s largest economy. The main focus will be housing and economic activity, while rising Middle East tensions are expected to weigh on markets.
Satya Nagendra Padala
Feb 21, 2011
The report shows that while healthcare employment rose 6.3 percent, employment in other sectors fell by 6.8 percent cumulatively in the period from December 2007.
IBT Staff Reporter
Feb 21, 2011
It's a case involving a singer and YouTube video which has parents livid, prosecutors pushing for 20 years of jail time, and some Facebook users calling for a much lighter punishment, or nothing at all.
IBT Staff Reporter
Feb 18, 2011
Michigan Governor Rich Snyder on Thursday unveiled a plan that includes $1.8 billion in budget cuts and seeks to replace the state's business tax with a flat 6 percent corporate income tax.
Samantha Nolan
Feb 18, 2011
Indian technology companies are now looking to hire fresh engineering graduates from American universities, as stringent immigration norms and high unemployment in the US make local hiring attractive, said a media report.
Shankar besta
Feb 18, 2011
General Motors Co (GM.N) will pay its 45,000 hourly workers in the United States a bonus of at least $4,000 each, the automaker said on Monday. The average employee payout will be finalized by the end of February. The payments will be doled out on March 25, a company spokeswoman said.
Samantha Nolan
Feb 16, 2011
The second largest U.S. bookstore chain Borders Group Inc. (NYSE: BGP) filed for Chapter 11 bankruptcy protection as its book sales started sinking in 2008, 2009, and in each quarter of 2010 even after management changes, job cuts and debt restructuring.
Balasubramanyam Seshan
Feb 16, 2011
The United States plans to build high-speed 4G wireless services network and make it available to at least 98 percent of Americans households by 2016, President Barrack Obama said during a speech at Northern Michigan University in Marquette, Michigan.
IBT Staff Reporter
Feb 12, 2011
For the first time, Google Inc. is celebrating American inventor Thomas Alva Edison's 164th birthday on February 11 with a new still moving doodle logo on its classic homepage featuring some of his best inventions.
Balasubramanyam Seshan
Feb 11, 2011
President Obama announced his latest wireless Internet initiative, which aims to cover 98 percent of Americans.
IBT Staff Reporter
Feb 11, 2011
A bipartisan group of 101 lawmakers in the House of Representatives launched a new bid on Thursday to pass legislation aimed at pressuring China to let its yuan currency rise in value.
Wenwen Meng
Feb 10, 2011