May 7, 2013 in Business

Weatherhead joining Lee & Hayes law firm

 

Spokane law firm Lee & Hayes has hired attorney Leslie R. Weatherhead, adding him to its litigation practice group.

Weatherhead will focus on commercial, securities and environmental cases in federal, state and appellate courts.  He’s expected to contribute to Lee & Hayes’ core area, intellectual property and patent-related litigation.

Until recently Weatherhead was a partner at Spokane firm Witherspoon Kelley.

His work there included cases representing Sterling Bank and River Park Square.

Lee & Hayes has offices in Seattle; Portland; Austin, Texas; and Rochester, N.Y., with a total of 60 attorneys.

Wal-Mart Stores tops Fortune 500 again

NEW YORK – Wal-Mart Stores Inc. is once again leading Fortune magazine’s list of the 500 biggest U.S. companies by revenue, as the world’s biggest retailer succeeded in posting strong growth despite a challenging economy for its shoppers.

The Bentonville, Ark., company posted revenue of $469.2 billion for 2012.

ExxonMobil is back at No. 2, but energy companies continue to dominate the list with Chevron, Valero Energy and ConocoPhillips’ spinoff Phillips 66 all in the top 10.

General Motors and Ford Motor Co. both slipped in the annual ranking but remain near the top, near General Electric and Warren Buffett’s industrial conglomerate, Berkshire Hathaway.

Apple has jumped 11 spots to crack the top 10 for the first time, landing at No. 6, while Facebook debuted at No. 482.

FDA proposes warning for indoor tanning

WASHINGTON – Indoor tanning beds would carry new warnings about the risk of cancer and be subject to additional regulations, under a proposal unveiled by the Food and Drug Administration.

The FDA wants all tanning beds to carry language warning people under the age of 18 about the risks of indoor tanning. The agency would also require manufacturers to submit their beds for federal review before marketing them.

The action is aimed at curbing cases of melanoma, the deadliest form of skin cancer, which have been rising for 30 years.

The risk of melanoma is 75 percent greater in people who have been exposed to ultraviolet radiation from indoor tanning.

Ex-finance chief floats dismantling eurozone

BERLIN – The left-wing opposition politician who was Germany’s finance minister when the euro was adopted says it’s time to think about abandoning the common currency in the wake of southern Europe’s enormous economic problems.

Oskar Lafontaine says on his website that struggling eurozone countries can’t devalue their currencies to help them cope with the economic crisis that has seen several slip into recession.

Large port to require cargo ships to plug in

LONG BEACH, Calif. – In less than a year, many of the diesel-powered cargo ships docking at California ports won’t just tie up; they’ll also plug in.

The Port of Long Beach, the second-busiest in the U.S., on Monday showed off electrical plug-ins at its wharves that comply with new state guidelines coming in 2014.

Those guidelines require ports at six major California ports from San Diego to Oakland to eventually require shippers to shut off their diesel and use electricity to run on-board systems for 80 percent of all their port visits, or face stiff fines.

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