Sanctions against 3 Russian companies linked to Oleg Deripaska lifted by US

The Treasury Department is lifting sanctions on three companies connected to Russian oligarch Oleg Deripaska.
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How Companies Secretly Boost Their Glassdoor Ratings

Employers flood the ranking site with 5-star postings requested from enthusiastic staffers, leading to unusual spikes, a WSJ investigation found. This is a conundrum facing many influential raters, including Amazon.com, Yelp and TripAdvisor, who have had to fend off attempts to game reviews.
WSJ.com: WSJD

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EU tax on big digital companies could be struck by March: French minister

A European Union-wide tax on the world’s top digital companies could be reached by the end of March, French Finance Minister Bruno Le Maire said in an interview published on Sunday.


Reuters: Technology News

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Do These 7 Companies Owe You Money? Check These Class Action Settlements

The holidays may have made everything merry and bright, but some businesses will be fighting to keep the office lights on after they pay these class-action lawsuit settlements. Our New Year’s countdown includes three tiers of claimants, two small-appliance companies and one payment processor accused of charging unauthorized fees.

Intuit TurboTax Fraudulent Tax Return

If you had a fraudulent tax return filed in your name, you could be eligible for two years of free credit monitoring by TransUnion as a result of an Intuit TurboTax class-action settlement.

Intuit TurboTax faced allegations the company failed to adequately protect consumers’ information, which allowed fraudulent tax returns to be filed for several years.

Class members are those who had a fraudulent tax return filed in their name through Intuit TurboTax for tax years 2014, 2015 or 2016.

Intuit admits no wrongdoing by agreeing to the settlement. No money is offered in the settlement, which could affect more than 915,000 consumers who will not be compensated for expenses related to fraudulent tax return filings. Consumers may wish to pursue such compensation separately.

To receive two years of free TransUnion credit monitoring services, click here to file a claim by Jan. 22, 2019.

Black & Decker, Farberware Small Appliances

Consumers who bought Black & Decker or Farberware small appliances may qualify for a portion of a class-action settlement.

Plaintiffs alleged that both companies failed to represent that certain covered products are manufactured and warranted by them.

Some plaintiffs also accused the brands of selling coffee makers that make much less coffee than they were marketed as producing.

The coffee makers were advertised as making a predetermined number of “cups,” which the plaintiffs allege are not the standard 8 fluid ounces that most consumers purportedly assume is meant by a “cup.”

The defendants included Spectrum Brands Holdings Inc. and Applica Consumer Products Inc. Neither admitted to wrongdoing in the settlement.

Consumers who purchased certain appliances between Feb. 5, 2014, and Oct. 19, 2018, may be eligible to receive compensation. Eligible items include:

  • Black & Decker: air fryers, blenders, can openers, coffee grinders, coffee makers, electric knives, food processors, grills, irons, juicers, kettles, mixers, quesadilla makers, rice cookers, skillets and other surface cookers, slow cookers, toasters, toaster ovens and waffles.
  • Farberware: coffee urns and percolators, food processors and toaster ovens.

Class members are eligible to receive up to $ 4.

For more information — and to fill out your claim form by the Feb. 28, 2019, deadline — click here.

Van Heusen Fake Sale (California Only)

Customers who shopped at a Van Heusen store in California could receive up to $ 150 in merchandise certificates due to a recent class-action settlement.

The retailer admits no wrongdoing in the settlement but faced allegations that it engaged in deceptive advertising practices by placing false reference prices on merchandise.

The fake prices were allegedly designed to convince customers that the products were of high quality and that the current prices were a bargain.

Class members are those who shopped at a Van Heusen store in California between June 1, 2018, and Oct. 3, 2018, where such fake reference prices were displayed upon products.

Compensation will be distributed by means of single-use merchandise certificates in the amount of $ 6.50.

There are three levels of class members, which include:

  • First tier of claimants: Class members who are a member of the Van Heusen loyalty program and made one or more qualifying purchases. These claimants are not required to submit proof and are eligible for one merchandise certificate.
  • Second tier of claimants: Class members who made one or more qualifying purchases and submit a valid claim form with proof of purchase. These claimants are eligible for one merchandise certificate.
  • Third tier of claimants: Class members who are a tier one or tier two claimant, made a qualifying purchase of $ 150 or more and submit a valid claim with proof of purchase. These claimants are eligible for additional merchandising certificates.

The potential award is $ 150 in merchandise certificates with proof of purchase or just one merchandise certificate of $ 6.50 without proof.

Click here for more details and to submit a claim by Jan. 16, 2019.

Subway Credit Card Receipt

Customers who used a debit or credit card to purchase items at a Subway fast-food restaurant may be eligible for part of a $ 30.9 million class-action settlement.

Subway faced allegations that the company violated the Fair and Accurate Credit Transactions Act (FACTA) by allowing the expiration date of credit and debit cards to appear on receipts handed to customers.

FACTA prohibits anything other than the last five digits of the card number to appear on a receipt. The expiration dates allegedly appeared on receipts given at specific restaurant locations that used a Subway payment management system that had been programmed to print the dates.

Class members include customers who purchased food or other merchandise from those Subway restaurants between Jan. 1, 2016, and March 23, 2017.

Each class member is eligible for a potential award up to $ 75.

For instructions on how to obtain a claim ID and to submit a claim by the Jan. 22, 2019, deadline, click here.

Fiat Chrysler Automatic Transmission

If you owned or leased a 2014 or 2015 Jeep Cherokee, 2015 Jeep Renegade, 2015 Chrysler 200 or 2015 Ram ProMaster City vehicle, you could be eligible for a portion of a class-action settlement regarding allegations that Fiat Chrysler installed defective automatic transmissions.

Vehicles equipped with a ZF 9HP transmission allegedly included a defect that causes loud noises and makes it difficult to shift into gear. The vehicles were marketed as having the benefits of both manual and automatic transmissions.

Under the terms of the class-action settlement, class members who made at least three transmission-related complaints to an FCA US-authorized dealer could receive up to $ 2,000 cash or a trade-in value of up to $ 4,000.

Fiat Chrysler has also agreed to extend warranties on vehicles containing the ZF 9HP transmission of the class vehicles to six years or 100,000 miles.

Class members with one of the qualifying vehicles must complete a claim form and include documentation that they made at least three transmission-related complaints prior to Nov. 16, 2018.

Get into gear and click here for more information and to file a claim by May 15, 2019.

Conde Nast, Vogue, Golf Digest Magazines (Michigan Only)

Magazine subscribers in Michigan may be eligible for a portion of a $ 13.75 million class-action settlement.

Plaintiffs in the Condé Nast class-action lawsuit alleged Advance Magazine Publishers Inc. violated Michigan’s Preservation of Personal Privacy Act by allegedly sharing subscriber information with third parties.

No wrongdoing has been determined in the settlement, but Michigan subscribers of Allure, Architectural Digest, Bon Appétit, Brides, Condé Nast Traveler, Footwear News, Glamour, Golf Digest, Golf World, GQ, Lucky, Self, Teen Vogue, The New Yorker, Vanity Fair, Vogue, W, Wired, and Women’s Wear Daily may qualify to receive up to $ 75 each in the settlement.

The actual award will depend upon the number of qualifying claims received by the estimated deadline of April 14, 2019.

Class members include Michigan residents who subscribed to a Condé Nast publication between July 20, 2009, and July 30, 2016.

For more information on the magazine privacy class action settlement flip or click here.

Merchants’ Choice Payment Solutions Fees

A $ 15 million class-action settlement has been reached between businesses and Merchants’ Choice Payment Solutions, a payment card processing service accused of adding unauthorized charges to the merchants’ invoices.

Class members are those who contracted with or through Merchants’ Choice for payment processing services between Dec. 22, 2013, and Sept. 18, 2018, and were charged one of the following fees:

  • Annual fees.
  • Batch header fees.
  • PCI program/compliance fees.
  • PCI noncompliance/non-validation fees.
  • Gateway access fees.
  • Foundry/e-merchant fees.
  • Monthly minimum discount fees.
  • Nonqualified fees.
  • Discount rates.
  • Other discount fees (including signature debit rates).
  • Paper statement fees.

Potential awards are estimated to be $ 65 to $ 70.

Click here for more information and to file a claim by the March 4, 2019, deadline.

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The sweater you don’t like is a trillion-dollar problem for retailers. These companies want to fix it

"Shoppers return 5 to 10 percent of what they purchase in store but 15 to 40 percent of what they buy online," David Sobie, co-founder and CEO of Happy Returns tells CNBC.
Top News & Analysis

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Companies from Apple to Ford are flashing warning signs about the Chinese economy

The trade war between the world's two largest economies is starting to slow their pace of growth, especially in China. The tension is beginning to bleed into balance sheets across the U.S. — in Detroit, on Fifth Avenue and Silicon Valley.
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50 Best Companies For Diversity

If you want to find companies that back up their diversity talk, look no further than the 2018 Black Enterprise 50 Best Companies for Diversity list—filled with corporations that have created measurable pathways to ensure African American representation among their workforce, senior management team, board of directors, and pool of suppliers.

Black Enterprise and the Executive Leadership Council have created this roster at a time when a number of corporate chiefs have focused on initiatives to boost the competitive metabolism of their organizations. In fact, more than 400 such leaders have signed the CEO Action for Diversity & Inclusion pledge. CEOs of 37 companies on our roster—JPMorgan Chase & Co., ADP, Bank of America, PepsiCo, General Motors, Macy’s, and Xerox Corp. among them—are signatories.

Although a number of D&I proponents applaud efforts to bring women, LGBT communities, and other underrepresented groups under the corporate tent, others like ELC’s CEO Otha “Skip” Spriggs III maintain that African Americans are actually losing ground—especially in the C-suite.

The most noticeable indicator has been the absence of black CEOs operating the nation’s largest publicly traded corporations. Today, there are only three black Fortune 500 CEOs versus seven in 2012. Actually, the trio—Marvin R. Ellison, chairman & CEO of Lowe’s Cos. Inc.; Roger W. Ferguson Jr., president & CEO of TIAA; and Kenneth C. Frazier, chairman & CEO of Merck & Co. Inc.—all manage companies on our Best Companies for Diversity list.

Here’s just one example of why that matters: Lowe’s, a list newcomer, tapped Ellison as its new chief executive in July. In recent months, he’s recruited another African American to its executive management ranks, and now three African Americans sit on its board of directors. And the dedication to building a leadership pipeline is evident: The company sent 22 of its brightest African American talent to ELC leadership training.

The bottom line: Opportunities for African Americans and other ethnic minorities tend to coincide with diverse leadership.

[a-team-showcase id=”628121″]

HOW WE CHOSE THE 50 BEST COMPANIES FOR DIVERSITY

Black Enterprise’s editorial research team, in partnership with the Executive Leadership Council, sent surveys to the nation’s top 1,000 publicly traded companies to get an in-depth look at the ethnic and gender composition, as well as their programs designed to foster an inclusive working environment.

The annual survey is centered around efforts focused on African Americans but includes other ethnic minority groups as defined by the U.S. Census Bureau. Any information provided by companies on diversity efforts targeted toward women, LGBT, the disabled, and veterans was used as secondary, supporting data.

BE performed a quantitative and editorial assessment of all corporate respondents and measured each company’s diversity efforts using the following criteria:

  1. BE measured companies on four key categories: employee base, senior management, board of directors, and procurement. Senior management and board of directors’ categories were given a higher weighting based on company impact across the board. Procurement was also a major factor while employee base was given a lower weighting.
  2. We reviewed the status of companies across all BE diversity and corporate leadership lists, including The Top Companies for Supplier Diversity, The 300 Most Powerful Executives, Top Executives in Corporate Diversity, as well as companies who have chief diversity officers and/or designated diversity departments.
  3. We also considered those companies in which the CEO takes an active role in diversity practices.

The post 50 Best Companies For Diversity appeared first on Black Enterprise.

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Marijuana and CBD companies can’t advertise on Facebook and Google, so they’re getting creative

CBD and marijuana companies can't buy ads from Facebook and Google, but that doesn't mean they can't run effective marketing campaigns. They're turning to storytelling, event sponsorships and connecting with relevant content.
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Anita Hill: Companies Should Treat Sexual Harassment as an Abuse of Power

After the Congressional testimonies of Christine Blasey [f500link, ignore=true]Ford[/f500link] and Brett Kavanaugh in September, professor Anita Hill met with students at Brandeis University to discuss and process the event.

“There were a range of feelings,” said the attorney, known for her own testimony accusing then-U.S. Supreme Court nominee Clarence Thomas of sexual harassment. “Anger, a feeling of disgust with leadership, and unfortunately a feeling of abandonment–a sense that they were not recognized, their experiences weren’t recognized.”

Hill said the students have been very engaged in the effort to combat sexual violence on college campuses, where currently one in four women can expect to be sexually assaulted during their time at school.

“They have put a lot of energy in it and taken a lot of risk to make known the problem of sexual assault for their generation,” she said Wednesday at Fortune’s Most Powerful Women Next Gen Summit in Laguna Niguel, Calif.

Many women felt rage watching the Kavanaugh confirmation, Hill acknowledged, but disagreed with the idea that the outcome–Kavanaugh was later confirmed–meant no progress had been made in the 27 years since her own appearance on Capitol Hill.

“Maybe the Senate hasn’t changed enough, but we have,” she said. “And there’s a new generation of women coming up who are going to be even more empowered for change.”

That change needs to be large and institutional, Hill told a ballroom of executives, from college campuses to the workplace.

“I think we have to understand the root problem for what it is,” she said. “It’s not just about sexual harassment. In many ways, that’s just the tip of the iceberg. It is about the abuse of power that occurs.”

Hill added: “We have to see this as a problem of power–power alignment and abuse, overall.”

If you don’t look at the issue as a comprehensive problem, it’s like playing whac-a-mole attempting to address instances of harassment as they occur, Hill said. Organizations instead need to understand the ways that people in positions of power can, and do, take advantage of others in the workplace.

“One way abuse of power is manifested is through sexual harassment,” she said. “But it’s also manifested through pay inequity. It’s also manifested through lack of leadership opportunities. It’s also manifested just by day to day aggressions that occur.”

It’s the power dynamic that often makes it difficult for people to report sexual misconduct. In the workplace, 75% of employees who report sexual harassment experience retaliation from managers or coworkers.

Because the fear of retaliation is real, companies need to make it clear from the highest levels that sexual misconduct will not be tolerated and create a standard process to rectify reports of harassment, Hill said.

“We need to make sure that we have very clear policies that are accessible and let people know, if they come forward, exactly what is going to happen to them,” she said.

It’s also important an employee knows that there will be an outcome when an issue is raised, rather than it disappearing into a human resources file, Hill added. It will require organizations to implement strong policies and live up to the promises they make to workers to begin to reduce the rates of sexual assault and harassment.

“We have to view this as a cultural problem, not a behavioral problem,” Hill said. “Do not be content with the idea that if we fire one or two high profile people, we’ve changed the culture of an institution. That is just not accurate. It’s not true and it’s not going to be effective.”

Fortune

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http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

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The Huawei case will finally force the US to prove some claims it’s made about Chinese companies

The U.S. government has rarely had a chance to make any cyber theft or money-laundering allegations in court against a Chinese executive, particularly an official with the stature of Huawei CFO Meng Wanzhou. Losing the case could cost credibility.
Tech

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NASA selects nine U.S. companies to vie for moon program funding

NASA on Thursday named nine U.S. companies, including Lockheed Martin Corp, that will compete for funding under the space agency’s renewed long-term moon program, a private-public undertaking to develop technology that will explore the lunar surface.


Reuters: Science News

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City Council bill would make companies liable for staff behavior at franchises

The left-leaning City Council wants corporations to take responsibility for the behavior of all employees — even those hired by franchisees and not the parent firms. A bill gaining steam in the council would make McDonald’s and other parent companies liable for discriminatory practices of workers at independently operated franchises. It would be the first…
Business | New York Post

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Companies worry Amazon’s HQ2 will lure away employees

NEW YORK — When tech giants like Amazon expand, other companies don’t just worry about losing business. They also fret about hanging on to their employees. Some of the industries that have defined New York City and the Washington, DC, area will face increased competition for talent when Amazon sets up shop in their territory,…
Technology News & Reviews | New York Post

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Disney gets approval from China for its Fox acquisition, sending shares of both companies up

The deal still needs regulatory approval from several countries, but the unconditional Chinese approval marks a big hurdle for Disney
Top News & Analysis

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Companies struggling to fill jobs ‘should try paying more,’ Fed’s Kashkari says

Companies should try digging in their pockets if they're looking to find workers for unfilled jobs, Minneapolis Fed President Neel Kashkari said Tuesday.
Economy

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How The Top Construction Companies are Attracting and Retaining Talent in the Midst of a Worker Shortage

If you work in construction, then news about the current labor shortage won’t come as any surprise. Construction professionals have named hiring as their top concern for a number of years; in 2017, the National Association of Home Builders survey findings revealed that 82% of construction professionals listed the cost and availability of laborers as a pressing priority for the year, compared to just 13% in 2011. Fill out the form below to download our eBook and learn how the top construction companies are battling the issue.

The post How The Top Construction Companies are Attracting and Retaining Talent in the Midst of a Worker Shortage appeared first on Modernize.

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