|South Korean court dismisses request to arrest Samsung chief - |
A South Korean court on Thursday rejected a request for a warrant to arrest the head of the Samsung Group, Jay Y. Lee, over his alleged role in a corruption scandal that led to the impeachment of President Park Geun-hye. The decision by the Seoul Central District Court is likely to come as a major relief for the country's largest conglomerate and for Lee, who has tried to fill the vacuum in the group's leadership since his father was incapacitated by a heart attack in 2014. The special prosecutor's office on Monday said it would seek a warrant to arrest Lee on suspicion of bribery, embezzlement and perjury.
Wed, 18 Jan 2017 15:17:23 -0500
|U.S. sues Oracle, alleges salary and hiring discrimination - |
The U.S. Labor Department has sued Oracle America Inc, alleging that the technology company systematically paid its white, male employees more than other workers and unlawfully favored Asian applicants in its recruiting and hiring efforts. The department in a complaint filed with an administrative judge in Washington said the company was prohibited from engaging in racial discrimination given the hundreds of millions of dollars it receives as a contractor with the federal government. Oracle America is a unit of Oracle Corp. Oracle spokeswoman Deborah Hellinger in a statement said the claims were baseless and "politically motivated," and that the company bases employment decisions on experience and merit.
Wed, 18 Jan 2017 15:13:13 -0500
|U.S. to probe whether Fujifilm violating Sony magnetic tape patents - |
WASHINGTON (Reuters) - The U.S. International Trade Commission said on Wednesday it had launched on investigation into whether Fujifilm Holdings Corp was violating patents which Sony Corp holds for certain magnetic tape cartridges. The ITC said the products at issue in its probe were so-called Linear Tape-Open, or LTO, magnetic tape products and tape cartridge components comprising such products. (Reporting by Timothy Ahmann, editing by G Crosse)
Wed, 18 Jan 2017 15:07:01 -0500