Wal-Mart is no stranger to litigation. The last internal investigation by the world's largest distributor could well become a new folder in the long term. In a document submitted to the U.S. stock market authority and revealed Friday, the group admitted that the corruption scandal that it faces is not only its Mexican subsidiary. The case was initiated by an article in The New York Times on April 22, which stated that Wal-Mart had concealed having used the large-scale corruption to grow in Mexico.

Fines, injunctions, orders of suspension …

The board of directors of Wal-Mart seeks in particular to determine if the group has broken the law on foreign bribery (Foreign Corrupt Practices Act). "Although the company does not currently believe that these problems can have a significant negative impact on its operations, given the uncertainties inherent in such situations, the company can provide no assurance that these problems will not have to substantial impact on its activities in the future, "admits Walmart. The retailer believes it can be of "one or more lawsuits on this issue", which could result in "judgments, settlement agreements, fines, injunctions, orders termination, sentencing and other criminal penalties."

"The complaints of shareholders could result in judgments against its directors and current and former officials named in these proceedings," he says. One of the key executives of Wal-Mart, Eduardo Castro-Wright, is particularly targeted because he led the rapid expansion of the teaching in Mexico and would have paid $ 24 million in bribes, kickbacks to local officials. Thursday, Wal-Mart announced a net profit of $ 3.7 billion in the first quarter, up 10% thanks to higher sales in Brazil, the UK and also in Mexico.

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New trial for Yahoo!. The U.S. internet group announced Sunday it had appointed a new temporary chief executive, Ross Levinsohn, replacing Scott Thompson less than five months after the arrival thereof at the head of the company. "Scott Thompson left the company" Yahoo! justifies no further details. The group further states that Fred Amoroso has been named president of the board to replace Roy Bostock.

This change in the leadership of a pioneering Internet companies, now embattled, was announced a few hours after the release of information on the site dedicated to news reports All Things Digital. The article reported an imminent departure of former CEO in the wake of a controversy provoked by the discovery of falsification of his CV. A few days earlier, Patti Hart, director of the group, had also been forced to leave the band for the same reasons: she had embellished his CV.

According to All Things Digital, the reason for the "abrupt departure" is only due to the activism of hedge fund Third Point, a leading shareholder of Yahoo! with 5.8% stake. A shareholder who has been trying for several years to gain seats and influence within the board had asked the head of Scott Thompson. And the fund has been successful. In fact, Yahoo! has agreed that the boss of Third Point, Daniel Loeb, and two persons selected by him, Harry Wilson and Michael Wolf, are seated on the board from Wednesday. The Board is pleased to announce these changes and this agreement with Third Point, and is confident they will be in the best interests of our shareholders, "we read in Yahoo! News.

The group did not, however, extends the strategy it intends to follow in the future, simply stating that "in as interim CEO, Ross Levinsohn will direct the day to day running of the company, helped by the existing team of executives from Yahoo! ". This last Sunday was up global director of the media branch of Yahoo! It is the fifth CEO to take the reins of the group in five years. The question is whether Yahoo! will manage to raise the head above water.

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Decidedly, this championship spares nothing to Olympique de Marseille. After a disappointing season sportingly (OM is currently 10th in the league), players of the club will play their final game next Sunday of the season against Sochaux with a misspelling in the back! That is the conclusion yesterday after the presentation of the shirt "Third" of the OEM Adidas club, created by singer Akhenaten – leader of the rap group IAM-1990s – and the Argentine sculptor Pablo Reinoso. A tunic dedicated to the European Cup with the distinction of being reversible: when you turn the black jersey, it turns orange.

"The grammatical rule is not obvious"

Orange, it is thus that the error happens. Worms designed by the rapper star of Marseille have a spelling mistake. They are found enrolled in upper back: "And our hearts are orange, as are the waves at sunset." But the word "orange" is not consistent when used as an adjective. This is the case here. This departure from the French language cover only one of three new models, and is invisible to a spectator from the stands. It must indeed look very closely intertwined worms to distinguish this "s" too. "We assume that fault, reacted Emmanuelle Gaye, spokeswoman for Adidas. This grammatical rule is not obvious and, I imagine, was not known to all French. "He added:" As in any international company, the production line is long between the designer and the head of product no credit check payday loans. We are looking where the error occurred. Most surprising is that the first prototypes did not include error. "

Already on sale

Still, this error is a problem, the shirts have already been sold in shops of the club. "From the moment the product is not defective, it remains for sale, says Emmanuelle Gaye. We are considering how to rectify the error. "At Adidas, an estimated" tens of thousands "tunics with the misspelling, knowing that the OM annually sells 400,000 jerseys

. ..

Already mocked by fans for its color, away from the traditional blue and white Om, this shirt could thus see his popularity decline even further. What threatens the sales potential of these tunics. At 90 euros a basic version, some fans will likely require a perfect model. Unless an effect "collector", which would encourage them to rush on jerseys-like limited edition … "It is unclear what impact this will fault on our sales, concludes Emmanuelle Gaye. But the jersey is a favorite with players and supporters. "

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Inquire in advance about the possibility of coming with his dog or cat at his place of residence during the holidays is essential. Be "setting up" at the last moment would very likely ruin the months to prepare for the holidays!

Some places such as hotels or campsites may well refuse. It depends on the rules of each institution.

For accepting the campsites, it will usually be asked whether the dog is properly vaccinated, including against rabies. The health record or European passport certifying the animal's will to put in the luggage. Even if rabies vaccine is not required on French territory, it is still strongly recommended. Not least by runaway of the animal.

Also in the campsites, the dog must be leashed and cats must not roam free. Some campsites also refuse the dogs "dangerous" as defined by the law of January 1999 (dogs first and second category). Those accepting them will oblige the masters, as required by law in public places, to silence their companion when he is among the other residents. Teachers should also have all the documents required by law, including possible detention, the statement of the animal at the town hall of residence or the certificate of liability insurance.

Unlike animal health insurance, which will be refunded in case of accident or illness of the animal during the holidays and whatever the veterinarian consulted, liability insurance is for its part if the animal is causing damage.

The "puzzle" leases

Degradation, pollution … this is what most fear the "renters" faxless pay day loans. Some also refer pet hair that may be responsible for allergies among holidaymakers taking over a rental after the passage of previous occupants, owners of an animal.

For rentals, everything is played on a case by case. In 2011, a consumer association had obtained the annulment of the prohibition of a dog, cat or other pet in the drafting of leases rentals. Why she had invoked a 1970 law prohibiting the possession of excluding a pet in residential leases generally. The Court of Cassation had ruled. Thus, owners could well override any prohibition. Well written, it became an illegal clause. Once an animal or causing degradation or gene – as should be the case regardless of where the teachers stay – so it was forbidden to forbid the owner!

Law backed down

Reverse: Article 96 of the law of "simplification of the law" came back in early 2012 on the ban. It now allows the owners of apartments seasonal tourism to prohibit the presence of a dog or cat or other pet.

Only possible for furnished rentals seasonal tourism. Tenants of an unfurnished or furnished accommodation that is not characterized as a rental of tourism can not prohibit the presence of a pet.  

So many reasons for teachers preparing their holidays to learn about the type of tenancy they hear and deal … always ask very clearly if the presence of a dog or cat is allowed.

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For the first time in three years, the hiring intentions of managers in business are down for the second quarter. According to the barometer established by the Association for the employment of executives (APEC), only two companies provides for recruiting at least a framework by the end of June. Rate down by three points from last year to the same period. The situation also seems particularly bad in the trade, transportation and consulting and business services where the declines, year on year, reaching 4 and 7 points respectively.

Lack of visibility on growth

Worse, it is the general forecast the worst for 18 months, although it remains well above the low reached in the third quarter of 2010 (43%). Another negative point, but not least: APEC has been a fall of 12 points in the proportion of firms indicating that their recruitment of executives are more numerous than last year at the same time, to 29%.

Last factor of concern is the monthly index of dissemination on the Internet offers executives lost 3 points in March from the same month a year earlier. Again, the first since February 2010.

The reason? "Great caution" partly due to the uncertain outcome of the presidential election, the association notes. "The fall was also linked to lack of visibility on future growth in France, says Marie-Francoise Leflon, its president. However it is too early to tell whether this decline will continue, recruiters surveyed being confident on improving the situation of their business in the coming months. "

Ease the cost of a property purchase by cutting transfer taxes – that is to say, much of the Notary fees – the idea has appeal to future home buyers. All the charges amount to about 7% of the asset price, a substantial sum when money is tight. The proposal of Nicolas Sarkozy, candidate to succeed him in the presidential election, while interesting for buyers, however, could be very costly to local governments.

Almost 10 billion euros per year

Tax collectors, the Notaries pay back because the majority of the charges they levy for counties and municipalities. "Whenever there is change of ownership of a property, solicitors receive 5.09% of the price in respect of registration fees. Beneficiaries are 3.80% for the department and the municipality where the property is located to 1.20%, "says Benoit Renaud, president of the Council of Notaries (CSN). The remainder is not covered by the proposal of Nicolas Sarkozy, returned to the notary.

The latest figures available from the Department of the Interior, these taxes generated 7.1 billion euros in 2010 to the departments. That of Paris, for example, received more than 668.5 million euros thanks to these taxes, the Alpes-Maritimes nearly 290 million euros, the Rhone € 227.5 million. As a department of Lozere, where the pace of transactions is much lower still reached 3.6 million of these transfer taxes. Municipalities have their side earned 2.2 billion euros. For 2011, revenues for the departments is estimated at 8.6 billion euros and 2.5 billion euros to the communes. "These amounts are far from harmless, some budgets of departments and municipalities depend on it. In 2008, with the crisis and the sharp slowdown in sales, there were large budget cuts, "says the president of the CSN.

Differential rates

In February 2011, solicitors had participated in a discussion on this subject at the time of manufacture of the supplementary budget. "We said that at present, taxes and holding back the acquisition we had proposed to make the transfer tax deductible from income taxes for 5 years. There would be no impact to the local community, "said Benoit Renaud. Alternatively, notaries also offer differentiated sales to private commercial sales professionals who can deduct them transfer taxes. "There are twenty years we had different rates: 13 to 18% for commercial property and 7% for homes. Today everyone is 5% that is not necessarily a good idea. It would for example reduce the cost of 5 to 3% for individuals and grow to 8% for commercial buildings, "says the president of the CSN. Options, for now, not selected.

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This is an unprecedented project in France by its size: 70 local authorities have plans to issue a loan grouped by 1.2 billion euros in the bond market. One way to overcome the credit crisis. Banks are now more reluctant to lend to municipalities, counties and regions. And the establishment of the new structure replacing bank Dexia takes time. Certainly, the Deposit has released this year a budget of 5 billion credit. But despite this, local officials fear they will not find banks to 17 billion needed to finance their investments. That is why they are turning increasingly to bond markets. Issuers usual, like Paris and the Ile de France, joined newcomers as Marseille. But this system has a limit: only a few very large entities have the ability to raise capital markets individually.

Hence the idea of ​​a pooled loan, which will allow a larger number of communities to access the bond market. Indeed, this kind of initiative is not new. Urban communities (Bordeaux, Lille, Lyon, Strasbourg …), joined last year by the departments, cities and regions, have issued loans grouped from 2004 to 2008 business card. "But the amounts were much lower. This time, seven regions, twenty departments and more than thirty cities and towns are part of the project, "said Olivier Landel, the Chief Executive of the ACUF (Association of urban communities in France). Two options are on the table: raising the funds at once in the fall or make a first installment in late June, then another few months. "According to preliminary estimates, the rate of the bond issue would evolve between 3.8% and 4.4%. It's cheaper than bank credit, "says one to AMGVF (Association of Mayors of major cities in France). Associations of elected officials are meeting Thursday to refine the draft. It is urgent. A study shows that AMGVF mayors of large cities, concerned about the financing, have reduced their investments by 8% in 2012.

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eBizcuss does not intend to disappear without a stir. He accuses Apple of its undoing. The small independent retailer specializing in products for the Apple brand, will declare itself insolvent by early next week. And he fully intends to increase the lawsuits against the U.S. giant. The dealer accuses Apple of failing to honor its deliveries. By the end of 2011, eBizcuss complained of not receiving iPhone and iPad. Quite embarrassing for the shops (8 in France, employing 120 people for a turnover of EUR 78 million) dedicated to the Apple brand. The French also accused the U.S. of diverting customers to do. "Consumers come to us, we explain the products, but we did not, they'll buy an Apple Retail Store," complains a saleswoman. Abuse of dominant position, abuse of economic dependence, unfair competition, parasitic practices … eBizcuss wants to attack on all fronts, complain to the Commercial Court and before the Competition Authority.

No response from Apple

Legal proceedings that will save the company certainly does, but are primarily intended to talk about it.

The spokesman eBizcuss do not hesitate to take the debate on other planes, recalling that Apple does not pay all his taxes in France: the purchases made by a French iTunes are charged via Luxembourg, which allows the firm to Tim Cook not to pay VAT in France. Faithful to its principles, Apple does not respond to these attacks. The group has already said not to be responsible for managing independent dealers.

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It was to be expected. The Antwerp designer Raf Simons, arrived in February of his mission as artistic director at Jil Sander (where he handled collections for men and women since July 2005) has been appointed to head the creation of women's fashion at Dior. He was the last of the favorites in the long list of names mentioned as a possible buyer of the vacancy created by John Galliano since March 2011. Among the successors whose names have circulated even figured that of Marc Jacobs, current artistic director of Louis Vuitton or that of Riccardo Tisci in the same position at Givenchy, besides that of Nicolas Ghesquière at the helm of Balenciaga.  

But all hopes seemed to collapse when Raf Simons thanked Jil Sander left Italy without any announcement effect from Dior while Yves Saint Laurent terminated the contract of Stefano Pilati before confirming the Hedi Slimane's appointment as artistic director. By a rebound effect, the world of fashion has waited in vain for an immediate appointment at Dior at the same time. It has not happened. By a curious reverberation, Raf Simons Avenue Montaigne now occupy a position comparable to that of Hedi Slimane at YSL. The irony is that Slimane, asking the jurisprudence of the style of Dior Homme from 2000 to 2006, has often been compared – compared to nuance, to rightly or wrongly – in the style posed by Raf Simons in his own eponymous label. Then the divergent paths of both the affirmation of the growing aesthetic Slimane at Dior Homme and mission of Raf Simons Jil Sander have diluted this antagonism.

Jil Sander's latest collection (Fall-Winter 2012) signed Raf Simons presented in Milan last February was a real tribute to a new New Look of Dior. What whet fans' expectations of Dior and YSL, the ambitions of the two groups (LVMH Dior, YSL PPR), what – if any were needed – to stimulate the two creators. In short, good news in short, not to mention the talent of the men themselves, critical talent, talent by which everything begins and ends.