JPMorgan Chase & Co. violated the National Labor Relations Act by requiring five former employees to use binding arbitration after they joined a class-action suit involving overtime pay, an administrative law judge of the National Labor Relations Board said.
A U.S. labor board rule requiring most companies to install workplace posters explaining union rights was thrown out by a second appeals court that said the agency had no legal right to enact the measure.
U.S. employers must post notices informing workers about their legal rights to form a union and bargain on contracts, the National Labor Relations Board said in a rule that may help efforts to organize employees.
Houghton Mifflin Harcourt Publishing Co. improperly filed its prepackaged reorganization in New York, the bankruptcy judge ruled on June 22, one day after signing a confirmation order approving the Chapter 11 plan for the Boston- based educational publisher.
The U.S. Treasury Department announced an $88.3 million settlement with JPMorgan Chase & Co. for apparent violations of international sanctions programs, including Cuban assets control and anti-terrorism regulations.
The recent publicity surrounding the very old news that members of Congress aren’t prohibited from trading stock using nonpublic information has the House and Senate running for cover. Hastily drafted bills are picking up co-sponsors on both sides of the aisle.