When the Supreme Court hears a case today weighing what remedy there should be after a federal judge was involved in a plea agreement, an Orrick Herrington & Sutcliffe LLP associate with 2 1/2 years at the firm will be making the arguments for the defendant.
U.S. stocks fell, dragging the Standard & Poor’s 500 Index down from a record, as government data showed retail sales unexpectedly fell in March, commodities plunged and a gauge of consumer sentiment slipped.
Lawyers for plaintiffs in a Visa Inc. and MasterCard Inc. antitrust case over interchange fees asked for final approval of a settlement along with $720 million in legal fees and $27 million in expenses.
The Retail Industry Leaders Association said it will opt out of a multibillion-dollar antitrust settlement with Visa Inc. and MasterCard Inc. over so- called swipe fees, calling it a “bad deal for retailers.”
Vanguard Wellesley Income Fund has used a mix of high-quality bonds and dividend-paying stocks to outperform all peers in the past five years, when record low interest rates put a premium on the assets it favors.
Fiskars Oyj, the Finnish maker of Gerber knives, plans to expand in Asia with acquisitions and growth of existing brands while it rides out Europe’s recession, Chief Executive Officer Kari Kauniskangas said.