LONDON — Futures traders struggling to recover at least half of their money from Griffin Trading, the collapsed clearing house, face a new hurdle after fresh losses of up to $2 million emerged at the firm’s head office in Chicago. (more…)
WASHINGTON — Texaco Inc. will pay $3.1 million to 186 female employees who the U.S. Labor Department said were paid less than men doing similar work for the oil giant, Texaco and government officials said Wednesday. (more…)
PARIS — World luxury leader LVMH raised the prospect of adding Gucci bags to its Louis Vuitton luggage on Wednesday, saying it held over five percent of capital in the Italian house. (more…)