US: Law and Regulation
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NEW YORK/ WASHINGTON- Feb 1- Anheuser-Busch InBev SA, Grupo Modelo and Constellation Brands Inc are discussing ways to address U.S. regulators' antitrust concerns over their mega-merger and expect to soon open settlement talks to avoid a trial, a source close to one of the companies said on Friday.
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AUGUSTA, Maine-- A jury has awarded a northern Maine woman $525,000 in her lawsuit against State Farm Insurance Co., which disputed her claims that she injured her back in a car accident. Berman and Simmons law firm says a Kennebec County Superior Court jury on Thursday awarded the money to 56- year-old Lynne Porter, of Patten.
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Feb 1- St. Jude Medical Inc, frustrated by regulatory and product issues last year, vowed that it would meet or exceed its 2013 earnings forecast, even though it does not expect much of a recovery in the medical technology market. Chief Executive Dan Starks acknowledged that St.
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WASHINGTON, Feb 1- A panel of small business experts on Friday urged U.S. securities regulators to encourage the creation of a new exchange to list smaller companies to make it easier for them to enter the public market. The recommendation by the Advisory Committee on Small and Emerging Companies to the Securities and Exchange Commission is not binding.
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The Obama administration is offering a compromise on new Obamacare rules that would allow religious employers to exclude contraceptives from health insurance for employees, but would still guarantee those employees access to free coverage for birth control.
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CARSON CITY, Nev.-- The Nevada Supreme Court thrust the discussion about taxes onto state lawmakers Thursday, upholding a business tax proposal backed by the state teachers union and other labor groups and sending it to the 2013 Legislature.
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TRAVERSE CITY, Mich.-- Regulators granted permission Thursday for Enbridge Inc. to finish replacing the underground pipeline that ruptured and spilled more than 800,000 gallons of oil into a southwestern Michigan river. It will extend through 10 Michigan counties: Berrien, Cass, St. Joseph, Kalamazoo, Calhoun, Jackson, Ingham, Oakland, Macomb and St. Clair.
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LANSING, Mich.-- Labor unions, Democrats and others sued to block Michigan's right-to-work law Thursday, asking that the measure be struck down because people were locked out of the state Capitol while the contentious measure was debated.
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WASHINGTON, Feb 1- A U.S. appeals court ruled on Friday that a journalist does not have a legal right to see a consultant report prepared for American International Group Inc as part of an agreement between the company and securities regulators.
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BRUSSELS, Feb 1- Google has offered to take specific steps to ally competition regulators' concerns about its business practices, in a major move towards ending a two-year investigation and avoiding billions of dollars in fines.
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Edward I. Koch, the master showman of City Hall, who parlayed shrewd political instincts and plenty of chutzpah into three tumultuous terms as mayor of New York with all the tenacity, zest and combativeness that personified his city of golden dreams, died Friday morning at age 88.
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*Google presents proposals to settle EU anti-competitive concerns. BRUSSELS, Feb 1- Google has presented detailed proposals to allay anti-competitive concerns about its business practices, the EU antitrust regulator said on Friday, in a move which brings the company a step closer to resolving a two-year investigation.
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BRUSSELS, Feb 1- Google has presented detailed proposals to allay anti-competitive concerns about its business practices, the EU antitrust regulator said on Friday, in a move which brings the company a step closer to resolving a two-year investigation.
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WASHINGTON, Feb 1- A U.S. appeals court ruled on Friday that a journalist does not have a legal right to see consultant reports prepared for American International Group Inc as part of an agreement between the company and securities regulators.
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Regulators in charge of monitoring the bankrupt futures brokerage Peregrine Financial Group missed warning signs as far back as 1994, according to an independent report released on the same day Peregrine's founder was sentenced to 50 years in prison.
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*Led probe into Google that ended with mild reprimand. WASHINGTON, Jan 31- The chairman of the Federal Trade Commission, Jon Leibowitz, said on Thursday he will step down in mid-February after a tenure famous for a probe of allegations that Google manipulated search results that resulted in a mild reprimand for the technology company.
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*Settlement resolves intercompany claims between MF Global entities. Judge Martin Glenn greenlighted the deal at a hearing in U.S. Bankruptcy Court in Manhattan, about six weeks after trustees for MF's UK and U.S. broker-dealers, as well as its parent, announced the deal to resolve billions of dollars in intercompany claims.
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WASHINGTON-- Shares of Halozyme Therapeutics tumbled 8 percent Thursday after a Wall Street analyst downgraded the specialty drugmaker, saying that European regulators may not approve a key cancer drug this year.
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Jan 31- Ben Venue Laboratories Inc., a unit of German drug company Boehringer Ingelheim, may not freely make or distribute drugs from its facility in Bedford, Ohio, until U.S. regulators have determined it is in compliance with good manufacturing standards. Ben Venue has repeatedly violated good manufacturing practices, the FDA said in a statement.
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Jan 31- Labor groups that have long spoken out against Wal-Mart Stores Inc will stop much of their picketing against the world's largest retailer after reaching a deal with the National Labor Relations Board, Wal-Mart said on Thursday.