Japanese labor unions said they clinched their biggest raises in years as Prime Minister Shinzo Abe calls for companies to boost wages to help put the world’s third-largest economy on a path to sustainable growth.
David Jones Ltd. Chief Executive Officer Paul Zahra should reverse his decision to resign in the light of this week’s boardroom turmoil, according to the department store’s third-largest shareholder Ausbil Dexia Ltd.
John Price, a consultant on industrial accidents and former safety policy staffer at the U.K.’s National Nuclear Corp., said Japan is making progress in cooling its damaged nuclear reactors at the Fukushima Dai-Ichi plant as water is dumped on the units. He spoke by telephone from Melbourne.
Pfizer Inc. isn’t liable for the breast-cancer death of a woman who died after taking menopause drugs made by the company’s units, a Connecticut jury ruled in a victory for defense lawyers at Kaye Scholer LLP, Nelson Mullins Riley & Scarborough LLP and Snell & Wilmer LLP.
More workers were drafted for the frontline of Japan’s biggest nuclear disaster as radiation limits forced Tokyo Electric Power Co. to replace members of its original team trying to avert a nuclear meltdown.
A bid by MF Global Holdings Ltd.’s brokerage unit bankruptcy trustee to recover about $700 million in disputed assets will be determined in a London trial set for April 2013, according to a statement today from his office.