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Banking and Financial
The financial markets crisis has brought renewed focus to Material Adverse Change (MAC), or Material Adverse Effect (MAE), clauses. MAC or MAE clauses are present in virtually all merger and stock purchase agreements and are often a central feature in negotiations between the parties.
Outlook 2009: Currencies, The Dollar And Commodities
The Forbes.com Investor Team looks for where currencies and commodities could head in 2009
Low-wage earners face severe test in downturn
With the nation facing the steepest economic decline in generations, recent studies shed new light on the most vulnerable of workers. The studies call for a new definition of poverty and bring attention to the plight of disabled workers. They also focus on changes within the Latino work force.
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