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3 high TUSD officials are put on leave
Three high-ranking TUSD officials, including the chief operations officer, have been placed on administrative leave as a result of a state attorney general's investigation that found district employees broke state law and procurement rules.
Arizona Daily Star

California Water Service Group: California Water Service Group Board of Directors Declares 257th Consecutive Quarterly Dividend and 42nd Consecutive Annual Dividend Increase
SAN JOSE, CA (MARKET WIRE) At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 257th consecutive quarterly dividend, increasing the annual dividend from $1.17 to $1.18. This represents the company's 42nd consecutive annual dividend increase. The quarterly dividend of $0.2950 per common share will be payable on February 20, 2009, to stockholders of record on February 9, 2009.
Marketwire.com

Ultimate Aero EV: 1000 horsepower electric supercar
January 28, 2009 In the latest installment from the company that announced only four months ago that it is working on a new breed of EV super car "featuring a revolutionary power source allowing for the possibility of several years between charging", we now have the just-as-fantastic prospect of the world's first roadgoing 1000 bhp battery electric vehicle. Shelby Sports Cars says it expects to roll out its first full-scale, pre-production Ultimate Aero EV in Q2 2009 so we won't have long to see if this ambitious claim can become reality...Tags: Battery Electric Vehicle, Shelby, TeslaRelated Articles: World’s fastest production car to go electric – with “several years between charging” Carroll Shelby tries his hand at building a motorcycle SSC Ultimate Aero sets new “World Fastest Production Car” record First teaser pics of GM's updated Chevy Volt design Tesla to build new all-electric car in California Carroll Shelby’s Personal Dual S
Gizmag

Analysis: Lack of IPOs drives layoffs at Wilson Sonsini and other Silicon Valley law firms
Silicon Valley's tech companies aren't the only ones trimming staff . Times are also tough on the region's law firms.
Topix

Sunil Jain: Barack`s burden
While the jurys still out on whether US President Barack Obamas proposed stimulus is the right way to help fix the economy, rising unemployment is something thats likely to trouble the President for many years to come. US unemployment rates are around 6.7 per cent currently and are forecast to rise to around 8.2 per cent by June. According to Okuns law, cited in one of the latest research notes put out by JPMorgan chase bank, a real GDP growth of 1 per cent leads to reduction in unemployment by around 0.4 per cent. So, if the unemployment rate is around 8 per cent, it will take 12 quarters of 4.2 per cent growth to get the unemployment rate back to 6 per cent for unemployment levels to reach that level in 8 quarters, a GDP growth of 5 per cent is required. No one, of course, is talking of growth rates anywhere near this for several years in the US.
Business Standard

Global News Item: Employment conditions and collective bargaining to be modified
The Australian government has introduced into Parliament a Fair Work Bill that aims to provide a framework for good workplace relations and guarantees a set of minimum terms and conditions of work. Additionally, the Bill creates a new agency, Fair Work Australia (FWA), which will replace existing government bodies. Among the FWA?s duties will be: overseeing the collective bargaining process, approving enterprise agreements, adjusting minimum wages and handling unfair dismissal claims and workplace disputes. [AUSTRALIA]
Watson Wyatt

Ammonite Energy Ltd. Provides Corporate Update
CALGARY, ALBERTA--(Marketwire - Jan. 28, 2009) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE services OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.Ammonite Energy Ltd. (TSX VENTURE:AMO) ('Ammonite' or the 'Company') is pleased to provide a corporate update. Ammonite has no debt and current production of 320 boe/d (net). Ammonite recently participated in a successful horizontal oilwell in Saskatchewan and plans to drill a development well at Wembley, Alberta which offsets our best well with a rate of 155 boe/d (gross) of light oil.
Marketwire

Heller Ehrman Estate Can`t Buy Malpractice Coverage
The long-anticipated petition appealing the Federal Circuit's landmark In re Bilski decision was filed at the Supreme Court Wednesday, setting the stage for a showdown over whether so-called 'business methods' are patentable. When the decision was issued in October, some analysts said it brought the Federal Circuit more in line with current Supreme Court sentiment against broad interpretation of patent law. So, will the Court accept and grant the petition or let the circuit's ruling stand?
Law

Landmark Patent Case Heads to the Supreme Court
The long-anticipated petition appealing the Federal Circuit's landmark In re Bilski decision was filed at the Supreme Court Wednesday, setting the stage for a showdown over whether so-called 'business methods' are patentable. When the decision was issued in October, some analysts said it brought the Federal Circuit more in line with current Supreme Court sentiment against broad interpretation of patent law. So, will the Court accept and grant the petition or let the circuit's ruling stand?
Law

India`s Legal Elite on Scandal, Innovation and Pressure for Reform
Just days before their law firms respectively announced an alliance with a top London firm and took on the assignment of advising the company that has been dubbed 'India's Enron,' AZB & Partners managing partner Zia Mody and Amarchand & Mangaldas & Suresh A Shroff & Co managing partner Cyril Shroff appeared together on the Indian edition of CNBC. Their wide-ranging discussion covered the year past and what lies ahead for the Indian business and legal communities.
Law

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