Reuters - Fremont General Corp , which stopped making subprime home loans in March, said an investment group may pull out of an agreement to inject $80 million to help insure the savings and loan's survival.

Oil and mining groups drag FTSE lower (FT.com)
FT.com - London equity markets fell on Tuesday as mining and oil groups retreated.
A company should always keep in mind that certain employees may claim discrimination for errant firings. If so, the written notification of termination should include this information. Document the termination through progressive discipline or inquest of overwhelming misbehavior. What Will Make Your Lay off Notification Worker Foolproof? For many supervisors, this is a surprising result of a probe. (If you don't plan to cut a final check because of the size of theft, have the paperwork ready.

If you can, transfer the disgruntled worker to her hiring boss. If you have completed the first two steps in the layoff program and the at will worker still is not working up to your directives, it is time to begin separation proceedings. The manager should mail the sample worker discipline notice to a jobholder or hand it to them directly. In these states, the disqualification only lasts 6 weeks, and afterwards the worker can get his benefits. I recommend this alternative for high risk terminations. After you give 3 warnings and the insubordinate individual fails to improve his attendance, you can dismiss him legitimately. I at times wonder if you want people like me to fail." This is an unacceptable comment. For example, we can't say "resign or be laid off." When we give ultimatums like this or make life unbearable for the high-risk worker, the worker can still sue us for wrongful lay off when he resigns. Always keep in mind that how you say something is as important as what you say. Are they taking on more responsibility than they can handle?