US: Law and Regulation
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NEW YORK, May 17- Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase& Co cut off the bank's opponents from polling information.
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NEW YORK, May 17- Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase& Co cut off the bank's opponents from polling information.
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SAC said it may not be able to provider investors with frequent updates regarding the government insider-trading probe but there will be "more clarity" soon.
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NEW YORK, May 17- Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase& Co cut off polling information to the bank's opponents.
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WASHINGTON, May 17- A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street. U.S. law already requires the SEC to consider the impact regulations would have on competition, efficiency and capital formation.
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WASHINGTON, May 17- A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street. U.S. law already requires the SEC to consider the impact regulations would have on competition, efficiency and capital formation.
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WASHINGTON, May 17- A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street.
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NEW YORK-- Tesla Motors shares fell Friday as the electric car maker increased the size of its stock and note sales by nearly 17 percent. THE SPARK: Tesla disclosed in a regulatory filing that it now plans to sell 3.39 million shares in a public offering, and has priced them at $92.24 each, according to the filing with the Securities and Exchange Commission.
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LINCOLN, Neb.-- Lawmakers are slated to vote again on a failed attempt to repeal a Nebraska city sales tax law. Ernie Chambers of Omaha took aim at the law on Thursday, arguing that it disproportionately affects the poor. On Wednesday, he filed a motion to attach his measure to another tax bill pending in the Legislature.
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PALO ALTO, Calif.-- Electric car maker Tesla Motors Inc. has increased the size of its stock and note sales by almost 17 percent, citing high demand from investors. The Palo Alto, Calif., company said in a regulatory filing on Friday that is now expects to gross $968 million from the sales, which will take place on May 22.
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LAS VEGAS-- Nevada regulators have approved Pinnacle Entertainment Inc.' s buyout of rival Ameristar Casinos Inc.. Pinnacle Entertainment Inc. has said the acquisition would save it at least $40 million a year and boost earnings. Ameristar's holdings include casinos in Missouri, Iowa, Colorado, Mississippi, Indiana and Nevada.
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RALEIGH, N.C.-- Former presidential contender John Edwards has reactivated his license to practice law and is setting out on the speaking circuit. The two-time presidential candidate and former North Carolina senator is scheduled to appear June 6 at a private retreat in Orlando, Fla., for lawyer clients of the marketing firm PMP.
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NELSON, Ga.-- A group that supports gun control filed suit Thursday against a north Georgia town that recently passed a law requiring gun ownership that it said is mostly symbolic. The Washington- based Brady Center to Prevent Gun Violence filed a federal lawsuit against the town of Nelson, about 50 miles north of Atlanta, claiming the law is unconstitutional.
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BRUSSELS, May 17- EU antitrust regulators have given some of Google's rivals more time to study its proposals to settle anti-competitive complaints, which could provide more leverage to pry further concessions from the Internet search giant.
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SUNNYVALE, Calif.-- Yahoo Inc. said Thursday that a court in Mexico granted the company's appeal and reversed a ruling that could have cost it $2.75 billion. The court had decided against Yahoo and Yahoo Mexico last year in a breach of contract lawsuit filed by two Mexican companies, Worldwide Directories S.A. de C. V and Ideas Interactivas S.A. de C.V..
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OKLAHOMA CITY-- Low-price retail events like "Black Friday" sales where retailers sell some items at a steep discount would be legal again in Oklahoma under a bill approved Wednesday by the Oklahoma Senate. The Senate voted 29-16 for the bill by Sen.
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MONTPELIER, Vt.-- The owner of a crude oil pipeline that runs between Maine and Montreal is asking Vermont environmental regulators to reconsider a ruling that would require a new review under the state's land-use planning law if the company seeks to move Canadian tar sands oil to Portland for possible shipment to markets across the world.
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*Unions oppose private piers at Ashdod, Haifa. *Israel's smallest port privatised in February. TEL AVIV, May 16- Israel is betting its economic future on high-tech exports but faces a low-tech bottleneck in state-owned seaports subject to work stoppages and slowdowns because of the enormous strength of their unions.
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Lawyers for JPMorgan Chase have demanded that Bloomberg hand over five years' worth of employee logs, as the bank considers whether to take legal action against the news and data group, the FT reports.
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WELLINGTON, May 16- Megaupload founder Kim Dotcom has won the right to demand the United States hand over all the evidence in its online piracy case against the internet entrepreneur, New Zealand's Supreme Court ruled on Thursday.
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The U.S. Chamber of Commerce and other industry groups, along with states such as Texas and Virginia, have filed nine petitions in recent weeks asking the justices to review four U.S. Environmental Protection Agency regulations that are designed to cut greenhouse-gas emissions.