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BREAKING NEWS / URGENT: The State Supreme Court upholds Act 10, Voter ID, and the state's domestic partnership registry

MADISON, Wis (WSAU)  - The Wisconsin State Supreme Court upheld Act 10, the state law that limits the collective bargaining rights of state employees. The law from three years ago sparked protests at the state capital and led to the recall attempt against Governor Scott Walker. The court's ruling in favor of Act 10 was 5-2. Justice Michael Gableman wrote the lead opinion, which was also signed by Justices David Prosser, Pat Roggensack and Annette Ziegler. Justice Patrick Crooks concurre...

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UBS says Novelli rejoins as chairman of global M&A

LONDON (Reuters) - UBS said Piero Novelli had rejoined the Swiss bank as chairman of global mergers and acquisitions, according to a memo to staff on Monday.

Novelli left Japanese bank Nomura <9716.T> last year, where he was global co-head of M&A, after joining it from UBS in January 2011. He was global head of M&A at UBS between 2004 and 2008/09, after joining from Merrill Lynch , where he was head of European M&A.

Novelli will report to investment bank boss Andrea Orcel with the task of strengthening UBS's advisory practice and ensuring greater global connectivity, the memo said. It said his clients in the past have included Repsol, Enel, Renault, Siemens, GM, Ford and Cisco.

(Reporting by Steve Slater; Editing by Anjuli Davies)

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