Lead paint makers suffered a landmark defeat Monday when a state court judge in San Jose, Calif., ordered the industry to create a $1.1 billion fund to eliminate lead hazards to children in hundreds of thousands of homes in the state. The decision broke the industry’s perfect record of defending suits by public agencies seeking to extract money for removal of flaking lead paint from older homes and apartments. It marked a huge victory for 10 California municipalities that will be able to draw on the fund for home inspections and repairs if the ruling holds up.Full Story»
In a major departure from industry practice, GlaxoSmithKline, the sixth-largest global drug maker, announced that it will no longer hire doctors to promote its drugs. The company also will stop tying compensation for sales representatives to the number of prescriptions written for drugs they market. The changes will be made worldwide over the next two years.
Leading consumer and media organizations asked a federal appeals court to unseal dozens of documents related to a closely watched product safety and business confidentiality dispute cloaked in extraordinary secrecy.
When the U.S. Supreme Court issued its 5-4 decision in Wal-Mart v. Dukes in June 2011, no one needed a Richter scale to know it was a Big One. In throwing out a lawsuit by women employees who claimed that they’d been systematically underpaid and underpromoted by the world’s biggest corporation, the ruling upended decades of employment discrimination law and raised serious barriers to future large-scale discrimination cases..
More in this category
- Delaware Public Benefit Corporations Bring Social Purpose
- Obama Administration Attacked for Retreat on Tobacco in Trade Talks
- Protest by Tobacco State Politicians, Business Groups May Snuff Out Obama Administration Trade Move
- Power Tool Industry Circles the Wagons as Disabling Saw Injuries Mount
- Power Saw Injuries Mount: The Case of Adam Thull
- Power Saw Injuries Mount: The Case of Tom Corbett