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.
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.
Japan’s nuclear crisis escalated as helicopters and riot-control water cannons were enlisted in an effort to prevent radioactive pollution spreading from the nuclear industry’s worst catastrophe since Chernobyl.