The International Trade Administration (ITA) has issued its final results of the antidumping (AD) duty administrative review of certain steel concrete reinforcing bars from Turkey for the period of April 1, 2004 through March 31, 2005.
Rent-a-Center’s agreement to pay $4.95 million to settle allegations that it violated Cal. wage and hour laws is scheduled for a preliminary approval hearing Thurs. in Cal. Superior Court, L.A., the chain said in a 10-Q filing at the SEC. RAC reached a preliminary settlement in Aug. with former store managers Jeremy Burdusis and Israel French and other employees, agreeing to pay $4.95 million cash, including attorney’s fees, the chain said. The proposed settlement was to be sent to 6,250 former and current employees who have worked for the chain since Aug. 1998. The suit was filed in 2001 against RAC by Burdusis, who alleged that the chain broke Cal. law on overtime, lunch and work breaks. RAC promised but didn’t pay overtime, the suit said. Meanwhile, RAC will file a petition with the U.S. Supreme Court by a Thurs. deadline seeking to overturn a N.J. Supreme Court finding that it falls under the same interest caps as other retailers taking installment payments. The N.J. Supreme Court’s decision reversed a lower court dismissal of Helda Perez’s suit. She claimed in a suit filed in 2003 that RAC violated N.J. Retail Installment Sales & Consumer Fraud Act, which caps at 30% a year the interest on installment deals. The suit sought to include aggrieved customers back to 1999. “No class has been certified by a trial court and no finding of liability or damages has been made against us,” RAC said. “We believe we have valid arguments precluding retroactive application of the court’s decision to members of the punitive class and limiting damages” available to Perez. A hearing on Perez’s renewed motion for class certification is scheduled for Jan. 12 in N.J. Superior Court, RAC said. RAC also will complete construction of a new hq in Plano, Tex., in first quarter 2007, it said. RAC has spent about $10.6 million thus far on the project and expects to incur another $11.9-$16.9 million in costs by late Jan., the chain said. RAC purchased 15 acres in Plano for $5.2 million in Dec. 2005 for the hq and construction started the following month. RAC has $4.9 million remaining in lease obligations for its existing hq and will seek to the sublease the space, it said. Meanwhile, RAC has added another 24 financial services centers, including payday loans, to existing stores in the 4th quarter. It had 101 financial service operation Sept. 30.
The International Trade Administration (ITA) has issued its preliminary results of the following antidumping (AD) duty administrative reviews:
Few entities escaped the scorn of House Govt. Reform Committee Chmn. Davis (R-Va.) in a keynote -- alternately harsh and humorous -- to a Thurs. Information Technology Assn. of America (ITAA) workshop. From federal agencies to graduate schools, cybersecurity “has just not been a priority,” Davis said, bemoaning the persistence of “analog government” in the “digital economy.” With hostile groups able to launch cyberattacks from anywhere, “a cyber Pearl Harbor could be worse than 9/11,” Davis warned.
The International Trade Administration (ITA) has issued its final results of the antidumping (AD) duty administrative review of granular polytetrafluoroethylene resin from Japan for the period of August 1, 2004 through July 31, 2005.
Vivendi Games’ Scarface: The World Is Yours on PS2 was again the #1-rented videogame in the U.S., according to Rentrak’s preliminary Home Video Essentials data for the week ended Oct. 29. The only new game in the top 10 was Activision’s Marvel: Ultimate Alliance for Xbox 360 at #7.
The International Trade Administration (ITA) frequently issues notices on antidumping (AD) and countervailing (CV) duty orders which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued and neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period. The ITA also issues other notices which Broker Power considers to be "minor" in importance.
As the govt. works toward standardizing health IT, innovations unfold in real time, experts told an Health & Human Services advisory group Tues. Electronic health record (EHR) progress is slow, but “gaining good momentum,” a “pleased” Health & Human Services Secy. Michael Leavitt told the American Health Information Community (AHIC), a council that advises the govt. on EHRs.
In 2004 and 2005, U.S. Customs and Border Protection (CBP) issued an amendment and clarification to CBP Directive 099 3510-004 (Monetary Guidelines for Setting Bond Amounts), in order to provide a process for considering and/or adding additional coverage to an importer's continuous bond, for merchandise subject to antidumping (AD) or countervailing (CV) duties that involve elevated collection risks.
DTV tests are the last element being completed in a CEA- commissioned study on CE product energy consumption. CEA is paying for the study to amass “high-quality research” to hone policies on CE energy consumption, said Kurt Roth, of Tiax, the company doing the survey.