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Law, Accounting & Taxes

Bill would allow victims of age discrimination to sue in court

The proposed Protecting Older Americans Act would invalidate forced-arbitration clauses that prevent age-discrimination victims by suing in court, where they could seek “justice and public accountability,” the bill’s sponsors contend. U.S. Senator Kirsten Gillibrand (D–N.Y.), Senate Judiciary Committee ranking member Lindsey Graham (R–S.C.); Senate Judiciary Committee Chair Dick Durbin (D–Ill.); and U.S/ Representative Nancy Mace […]

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Lockheed Martin plant awarded nearly $68M contract modification

SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in suburban Syracuse has recently won a $67.9 million modification to a previously awarded U.S. Navy contract. The pact is for provisioned-item spare parts in support of the full-rate production of Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 and AN/SLQ-32C(V)6 systems, according to a May 26 contract

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