Advertisement

Also...

Share

The Securities and Exchange Commission and the U.S. Agency for International Development said they will team up to help developing countries strengthen their securities markets. Under the five-year, $4-million agreement, the SEC will provide technical assistance to regulatory agencies and stock exchanges in developing nations. . . . J.C. Penney’s ban on displaying union materials on company bulletin boards or workers’ tools violates federal labor laws, the U.S. 7th Circuit Court of Appeals ruled. The court upheld a lower court ruling barring Plano, Texas-based Penney’s managers from removing union notices and pro-union stickers from company property under a policy in effect since 1977. Penney’s executives said they weren’t able to comment on the decision because they hadn’t seen it.

Advertisement