March 14- Weapons maker Lockheed Martin Corp paid Chief Executive Marillyn Hewson $25.2 million in 2013, more than doubling her compensation in her first year in the job, according to a regulatory filing. Her stock awards increased to about $8.2 million from about $877,000, Lockheed said in a filing with the U.S. Securities and Exchange Commission on Friday.» Read More
Steve Beshear says the state has hired a private law firm to represent him in appealing a judge's order for Kentucky to recognize same-sex marriages performed in other states or countries. Beshear announced Thursday that the state has signed a contract with the 11- member Ashland firm of VanAntwerp, Monge, Jones, Edwards& McCann.
ANGRA DOS REIS, BRAZIL, March 13- Permission for Chevron Corp to resume drilling and water injection at its Frade offshore field in Brazil is being held up by the company's failure to deliver a full report on the causes of a 2012 oil seepage, the head of Brazil's oil regulator said on Thursday.
If, as some expect, the U.S. Labor Department reverts to a classification test it used before 2004, it would likely make more workers overtime-eligible, and a new round of litigation could result as companies sort out employee reclassifications.
NEW YORK, March 13- A former analyst affiliated with billionaire Steven A. Cohen's SAC Capital Advisors LP has agreed to pay more than $203,000 and be banned from the securities industry to settle insider trading charges by the U.S. Securities and Exchange Commission.
WASHINGTON, March 13- Lions Gate Entertainment Corp admitted on Thursday it failed to disclose to investors in 2010 the steps it took to thwart a hostile takeover bid by billionaire Carl Icahn, as part of a major settlement with U.S. regulators.
WASHINGTON, March 13- Entertainment company Lions Gate Entertainment Corp admitted on Thursday to misleading investors in 2010 when it was facing a hostile takeover and agreed to pay $7.5 million to settle civil charges, U.S. regulators announced.
The massive farm bill changes some sacred cow items like crop insurance and commodity subsidies but gives aid for crops out of the mainstream.
WASHINGTON-- Supreme Court Justice Anthony Kennedy has denied an emergency request by the National Rifle Association to block enforcement of a California city ordinance that bans gun magazines capable of holding more than 10 bullets.
*Weidmann sees no need for fresh policy action. FRANKFURT, March 13- The European Central Bank is running out of conventional policy tools and any new action would quickly take it into territory where legal questions about some options would arise, Bundesbank chief Jens Weidmann said.
March 13- Venaxis Inc said its appendicitis test correctly predicted results in 97 percent of patients in a clinical trial, sending its shares up 25 percent in premarket trade. The company said it expected to finalize its marketing application and submit it to the U.S. Food and Drug Administration in the next few weeks.
*Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. Synchrony Financial filed a $100 million placeholder with the U.S. Securities and Exchange Commission on Thursday and GE said it expects to complete the IPO later this year. Goldman Sachs& Co, JP Morgan, Citigroup and Morgan Stanley are lead underwriters for the IPO, according to the filing.
The recently formed Catholic Benefits Association, which includes archdioceses, an insurance company and a nursing home, takes issue with a compromise in the Affordable Health Care Act offered by the Obama administration that attempted to create a buffer for religiously affiliated hospitals, universities and social service groups that oppose birth control.
PARIS, March 13- France's Thales said it agreed on Thursday to buy U.S. carrier JetBlue Airways' LiveTV unit for $400 million to strengthen its position in the high-growth in-flight entertainment business. Europe's largest defence electronics company said it expected to complete the purchase in mid-2014 after gaining regulatory approvals.
March 13- General Electric Co's North American retail finance business filed with U.S. regulators to raise up to $100 million in an initial public offering of common stock. The business will operate under a new name, Synchrony Financial, GE said in a statement.
*Shares fall more than 6 percent after FDA sanction. The FDA has imposed a rash of regulatory sanctions on Indian generic makers in the last year, triggering concerns about the quality of the medicines supplied by the $14 billion industry to countries including the United States, the biggest market. "The FDA is becoming more stringent.
While product recalls are not uncommon, the FDA announcement comes amid a string of quality problems for Indian drug makers. And just last week, the FDA disclosed that products made by Sun Pharma and Ranbaxy Laboratories Ltd were being recalled.
WASHINGTON, March 12- A federal judge on Wednesday reversed a jury finding that Life Partners Holdings and its executives were liable on one count of fraud, dealing a blow to U.S. securities regulators.
WASHINGTON, March 12- A U.S. "Whatever business model you want to use is perfectly fine with us, as long as it is not a business model that is entirely based on conflicts of interest," said Phyllis Borzi, the assistant secretary of the Employee Benefits Security Administration, in remarks at an event held by the Financial Services Roundtable.
March 12- Leju Holdings Ltd, a China- based operator of real estate websites, filed with U.S. regulators on Wednesday to raise up to $200 million in an initial public offering of its common shares. Leju, a unit of E-House China Holdings Ltd, offers real estate e-commerce and online advertising and listing services in China.
March 12- Herbalife Ltd said on Wednesday that the U.S. Federal Trade Commission had opened an inquiry into its operations, news that briefly sent the nutrition and weight loss company's share price down more than 16 percent.
Introducing Morning Squawk: CNBC's before the bell news roundup
Sign up to receive Morning Squawk in your inbox each weekday › Sample