Regulators sue insiders of failed Norcross bank Federal regulators are suing seven former officers and directors of a failed Norcross bank, claiming the insiders disregarded internal loan policies and exposed the bank to risk. Former officials of First Security National Bank allowed excessive ... 12/7/2012 - 11:00 am | View Link
Yahoo Finance Originals: Business Still bullish on Netflix: Blodget. Netflix stock takes a beating on disappointing subscriber numbers, but Business Insider's Henry Blodget tells Yahoo Finance's Aaron ... 10/20/2014 - 1:59 am | View Website
Breaking Legal News & Entertainment Law Blog Gain insight into breaking legal matters in the entertainment world. From celebrity lawsuits to imposing court decisions, stay up-to-date with The Hollywood Reporter ESQ. 10/20/2014 - 1:30 am | View Website
India The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com 10/19/2014 - 3:29 pm | View Website
U.S. News | National News ABC News reports on United States politics, crime, education, legal stories, celebrities, weather, the economy and more 10/19/2014 - 11:54 am | View Website
Legal & Business News | Bloomberg BNA Legal amp Business News... ... Business Divorce Litigation in the Aftermath of ‘Ritchie v. Rupe': Concerns for Investors in Texas Businesses Have Been Greatly ... 10/19/2014 - 11:04 am | View Website
The alleged murder of Filipino transgender woman Jennifer Laude by a U. S. Marine has sparked outrage in the Philippines, with some calling into question the U. S. military’s presence in the country.
Under the Visiting Forces Agreement, the U. S. military is allowed to conduct drills in the Philippines. The accord also gives the Philippines the power to prosecute American service members if they fall foul of the law, but they can remain in U.
A large military operation is under way in waters off Stockholm to sweep for a “foreign underwater activity” widely speculated to be a damaged Russian submarine, in what could be the gravest violation of Sweden’s maritime sovereignty since the Cold War.
The intelligence operation, involving helicopters, minesweepers, corvettes, fast-attack crafts, a submarine and 200 service personnel, started on Friday, after a “man-made device” was sighted deep inside the Stockholm archipelago and encrypted radio communication was intercepted between that position and Kaliningrad — the base of Russia’s Baltic Sea fleet.
Sweden’s military said Sunday it had made a total of three credible sightings within two days and released an image taken by a passerby showing a partially submerged object, but has yet to comment on whether it is a Russian submarine.
South Korea’s farming industry is rife with exploitation of migrant labor, according to a report by Amnesty International released Monday, which alleges violence, squalid housing, excessive working hours, no regular rest days and mandatory unpaid overtime.
Moreover, the rights group says that the Seoul government is directly complicit in ongoing abuses through its Employment Permit System (EPS), which involves some 20,000 migrant agricultural workers from poorer nations such as Nepal, Cambodia and Vietnam.
“The exploitation of migrant farm workers in South Korea is a stain on the country,” said Norma Kang Muico, Asia-Pacific migrant-rights researcher at Amnesty International, in a statement, decrying a “shameful system that allows trafficking for exploitation and forced labor to flourish.”
Many migrant laborers build up enormous debts equivalent to two years’ salary in order to be included in the EPS scheme, according to Amnesty’s Bitter Harvest report, which is based on dozens of interviews with migrant workers in 10 different locations across South Korea.
While EPS employers have the right to sack migrants without justification, those employed under the scheme have no right to quit or change jobs without a release form, leaving gaping avenues for exploitation.