ICE urges CBOT members to vote against CME deal
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IntercontinentalExchange Inc.   on Thursday urged CBOT Holdings Inc.  shareholders and  members to reject the proposed sale of the company to Chicago  Mercantile Exchange Holdings Inc. .
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IntercontinentalExchange , on Thursday took its unsolicited takeover proposal for the Chicago Board of Trade directly to members of the CBOT, urging them to support ICE's bid over that of the Chicago Mercantile Exchange .
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A coalition of environmental activists and investors is asking the Securities and Exchange Commission to require companies to disclose the risks that climate change may pose to their bottom lines.
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IntercontinentalExchange Inc.  on Tuesday made a sweetened merger proposal for CBOT Holdings  continuing the saga for control of the parent of the No. 2 U.S. futures exchange.
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Influential advisory firm Institutional  Shareholder Services has recommended that shareholders vote  against billionaire Carl Icahn&#39;s sweetened $3 billion buyout  offer for Lear Corp.
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(InfoWorld) - Three major technology trade groups urged the U.S. Senate on Friday to resurrect a wide-ranging immigration reform bill that would expand a controversial skilled-worker visa program. The Senate late Thursday failed to gain enough votes to close debate on the Comprehensive Immigration Reform Act and bring the bill to a floor vote. The bill, which critics said provided amnesty to illegal aliens living in the U.S., also would have expanded exemptions to the cap on high-skilled H-1B visa programs, a move supported by many tech vendors. [ Analysis:Â Immigration reform's high-tech impactÂ ] The bill would increase the annual H-1B cap from 65,000 to 115,000 and exempt foreign students who have earned a master's degree or higher from a U.S. university from the annual cap. Right now, 20,000 students are exempted from the cap. U.S. tech vendors don't want to lose those workers, especially because many of them have their education supported by U.S. tax dollars at public universities, said David LeDuc, director of public policy for the SIIA (Software & Information Industry Association). "We don't want to export our seed corn," he said. "We don't want [those students] leaving and working for our competitors." The bill also sets preferences based on merit, instead of family connections, for clearing multiyear backlogs for employment green cards, another provision supported by many tech groups. Tech vendors want to keep high-skilled workers in the U.S. under the long-term green card program but often face delays, LeDuc said. The SIIA, the Information Technology Association of America (ITAA) and the ITIÂ (Information Technology Industry Council) all urged the Senate to try again to pass the legislation. Negotiations on the bill will continue, and ITI is optimistic the bill will still move forward, said James Ratchford, communications director there. The fate of the bill should become clearer by early next week, he said. LeDuc agreed, saying SIIA is confident the bill can still pass. Many large tech vendors have in recent years urged Congress to expand the H-1B program. In March, Microsoft Chairman Bill Gates called for more H-1B visas during a visit to Washington, D.C. Gates said then he had "deep anxiety" about the ability of the U.S. to compete globally. SIIA's position is similar to Microsoft's. "Companies need to be able to hire the best and brightest workers regardless of where they're born," LeDuc said. The H-1B program isn't generating controversy during the congressional debate on the bill. Instead, provisions to allow illegal aliens to become permanent citizens have raised major concerns among many Republicans. But U.S.-based tech worker groups such as the Institute of Electrical and Electronics Engineers-USA have opposed a higher H-1B cap, arguing that companies use the program to hire foreign workers for less money than unemployed U.S. workers would receive.
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A coalition of environmental activists and investors are asking the Securities and Exchange Commission to require companies to disclose the risks that climate change may pose to their bottom lines.
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Newmont Mining Corp. wants to bar shareholders from voting on a proposal that would require a company review of waste disposal programs in Indonesia, where it is accused of poisoning villagers.
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Influential advisory firm Institutional Shareholder Services has recommended that shareholders vote against billionaire Carl Icahn's sweetened $3 billion buyout offer for Lear Corp.
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InfoWorld - A coalition of technology and telecommunications vendors will oppose a plan to give public safety agencies across the U.S. new wireless spectrum, saying it could jeopardize an agreement already in place that would provide spectrum for interoperable emergency communications by early 2009.
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US Securities and Exchange Commission Chairman William Donaldson rejected a staff proposal to sanction Gary Winnick as part of a settlement with Global Crossing Ltd.
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A group of investors that is vying to build a national network for public safety communications is asking the Federal Communications Commission to reconsider rules it approved governing an upcoming spectrum auction.
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Three major technology trade groups today urged the U.S. Senate to resurrect an immigration reform bill that would expand a controversial skilled-worker visa program.
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House and Senate negotiators sought Monday to clear away roadblocks that have long hindered passage of a corporate tax bill needed to end a costly trade dispute with Europe.
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A coalition of technology and telecommunications vendors will oppose a plan to give U.S. public safety agencies a new wireless spectrum.
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The NHL reportedly will reject the latest proposal from the players&#39; union that was meant to end the lockout and salvage the season.
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Computer Associates International Inc. (CA) avoided a revolt at its annual meeting on Wednesday, when shareholders voted down a proposal requesting that the company&#39;s board adopt a policy of revoking executive