Owens Corning News
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Debevoise & Plimpton LLP named Mary Beth Hogan co-chairwoman of the firm’s litigation department, replacing Mary Jo White, who was confirmed by the U.S. Senate last month to lead the Securities and Exchange Commission.
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Two years after opening a Hong Kong office, Locke Lord LLP has expanded in the city by forming a partnership with the local law firm of Cheung & Lee.
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Fraudulent claims for asbestos exposure are shortchanging companies and legitimate victims, former judge and McCarter & English attorney Peggy L. Ableman testified today in support of legislation aimed at curtailing false claims on an estimated $30 billion in assets.
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Owens Corning Inc., the largest U.S. maker of insulation, rose the most in eight months in New York after posting first-quarter profit and sales that topped analysts’ estimates and increasing its earnings forecast.
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Building-supply stocks such as USG Corp., in which Warren Buffett holds a 16 percent stake, and Eagle Materials Inc. that more than doubled last year are poised to rise further as the U.S. housing market extends its recovery.
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More than 1.2 billion people already face water scarcity. By 2025, two-thirds of the world population will experience water stress. Business is at risk.
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Chrysler Group LLC is hiring more than 1,100 new workers at its sprawling Toledo, Ohio, manufacturing complex. JPMorgan Chase & Co. is looking for hundreds of bankers in Columbus. And the Cleveland Clinic has been adding registered nurses at such a clip that it rented out the Cleveland Browns football stadium for a job fair.
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Companies that faced the biggest pension deficits ever last year are narrowing the gap at a record pace as gains in assets and a rise in corporate bond yields in March trimmed liabilities last quarter.
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Building-materials suppliers battered by a six-year slump in U.S. new-home construction are rallying as investors bet that the worst is over.
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U.S. stocks rose, rebounding from the biggest drop since February, as higher-than-estimated earnings and the Federal Reserve’s pledge to keep interest rates at a record low overshadowed a downgrade of Spain’s debt rating.
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