MOSCOW— Russia's parliament has given preliminary approval to a bill limiting foreign ownership in Russian media to 20 percent. Many of Russia's leading media outlets including the Vedomosti daily and the Russian Forbes magazine have foreign ownership.» Read More
HARRISBURG, Pa.— The state House of Representatives on Monday advanced a bill to provide crucial revenue for the cash-strapped Philadelphia School District. The bill has been stalled since June, even though both the House and Senate supported the tax authorization to provide $83 million a year to the state's largest school district.
Administration officials who briefed reporters could not say how many pending inversions might be stopped by the new rules and specifically would not address whether the rules would block one of the most high-profile moves, an effort that Burger King announced in August to acquire Tim Hortons, a Canadian coffee and doughnut chain.
NEW YORK, Sept 22- Citigroup Inc plans to ask a U.S. judge to put on hold an order barring it from processing payments on $8.4 billion in bonds issued under Argentine law following the country's record 2002 default, court documents showed.
NEW YORK— A federal appeals court on Monday reinstated a lawsuit in which victims of terrorist attacks in Israel accused the National Westminster Bank of supporting Hamas, just hours before a Brooklyn jury ruled against a bank in a similar case.
POLSON, Mont.— A Montana judge has reduced a punitive damages award from $240 million to $73 million in a lawsuit filed against Hyundai over a crash that killed two Missoula cousins in July 2011.
PITTSBURGH— An investor has filed a federal lawsuit seeking class-action status against Pittsburgh- based Education Management Corp. seeking to recoup losses resulting from the for-profit college company's ongoing run-ins with federal regulators.
LOS ANGELES— Former New York City Mayor Rudy Giuliani is joining a video game company's legal fight against disgraced Panamanian dictator Manuel Noriega, who is suing Activision over his inclusion in one of its popular "Call of Duty" games.
SACRAMENTO, Calif.— Governor Jerry Brown signed into law several bills designed to boost use of clean air vehicles in California. Such roads exist in Orange and Riverside counties, and the San Francisco area.
BERLIN— German relatives of three people killed in the downing of Malaysia Airline Flight 17 plan to sue Ukraine for negligence, a lawyer for the families said Sunday. MH17 was shot down July 17 over territory held by pro-Russian rebels in eastern Ukraine, with 298 people killed.
EXCLUSIVE-LAW FIRMS BINGHAM, MORGAN LEWIS, AGREE TO MERGE. Sept 20- Leaders of two of the United States' largest law firms, Boston- based Bingham McCutchen and Philadelphia's Morgan Lewis& Bockius, have agreed to merge, according to three people familiar with the matter.
Frank Tamayo, 41, was the middleman in what prosecutors called a three-man scheme that generated $5.6 million in illegal profits over five years, based on tips about a dozen transactions being negotiated by a prestigious New York law firm. The defendant also agreed to forfeit more than $1 million, the contents of two brokerage accounts, and a 2008 Audi Q7.
NEW YORK— New York's City Council proposed a package of bills Friday to slash greenhouse gas emissions, shrink the carbon footprint of city operations and reduce the number of cars on the road. The legislation, which builds on environmental initiatives undertaken over the past decade, was announced ahead of next week's United Nations climate summit.
WASHINGTON— Congress' must-pass budget bill ignores the Obama administration's request to accelerate spending on immigration courts to handle the flood of unaccompanied minors at the border— even as it boosts spending flexibility for Border Patrol agents and detention centers.
Checks ranging from $869 to $10 million were sent beginning Monday to more than 493,000 people by the administrators of the $3.4 billion settlement from a class-action lawsuit filed by Elouise Cobell of Browning, Montana. Some $941 million is being distributed in this second round of payments, plaintiffs' attorney David Smith said Thursday.
A San Diego judge has tentatively ruled that a local government agency can deny Robertson's request for scans on his own vehicle under California's open records law because the information pertains to police investigations. Superior Court Judge Katherine Bacal heard additional arguments in the case Friday and plans to issue a final decision soon.
The bills adopted Thursday are unlikely to be taken up in the Democratic-controlled Senate, and both face veto threats from the White House. They had already been passed by the House as separate legislation but stalled in the Senate.
BELL, Florida— Florida sheriff: Grandfather shoots, kills 6 grandchildren, his daughter and himself.
NEW YORK, Sept 18 (Reuters)- Arab Bank Plc never provided material support for the Palestinian group Hamas, a lawyer told jurors on Thursday during closing arguments at the bank's trial on civil charges under the U.S. anti-terrorism law.
LAWYER FOR HOLDOUTS IN ARGENTINE DEBT CASE SAYS LOWER COURT'S INJUNCTION DOES NOT DIFFERENTIATE BETWEEN BONDS BASED ON DENOMINATION OR LAW UNDER WHICH THEY WERE ISSUED.
Jerry Brown headed to the cradle of the Hollywood film industry Thursday to sign legislation that more than triples the state's tax credit to $330 million a year for films and TV shows produced in California.