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  • LAS VEGAS— The bankrupt operating division of casino empire Caesars Entertainment Corp. wants more time to file its reorganization plan to get out from under about $18 billion in debt. Caesars Entertainment Operating Co. lawyers filed a motion this week asking a bankruptcy judge in Chicago to allow the company six more months to file its own plan exclusively.

  • PwC to pay $65 mln to resolve lawsuit over MF Global Friday, 17 Apr 2015 | 3:17 PM ET

    NEW YORK, April 17- PricewaterhouseCoopers has agreed to pay $65 million to resolve a lawsuit claiming it deceived investors when it was auditing MF Global Holdings Ltd, the now-defunct brokerage once run by former New Jersey Governor Jon Corzine. The preliminary settlement was disclosed in papers filed on Friday with the U.S. District Court in Manhattan, and...

  • LONDON, April 17- Argentina announced on Friday it had started legal proceedings in one of its own courts against five British and American companies drilling for oil and gas in the Falkland Islands, a move Britain denounced as bullying. Britain defeated Argentina in a 1982 war over the South Atlantic islands and administers them as an overseas territory, whose...

  • Correction: Vermont-Gun Restrictions story Friday, 17 Apr 2015 | 12:08 PM ET

    MONTPELIER, Vt.— In a story April 16 about a bill to put restrictions on guns in Vermont, The Associated Press misreported what a lawmaker said. Vermont House advances bill placing new restrictions on guns. MONTPELIER, Vt.— The Vermont House gave preliminary approval Thursday to a bill to allow the state prosecution of some convicted criminals for possession of...

  • CONCORD, N.H.— The first woman to serve as both governor and U.S. senator is backing a campaign to put a female face on the $20 bill. She is hoping to build on the work of Women on 20 s, a national campaign pushing for new $20 bills by 2020, the 100th anniversary of the constitutional amendment guaranteeing women the right to vote. The current portrait of former President...

  • LONDON, April 17- Argentina has started legal proceedings against five companies, including three British ones, which are drilling for oil and gas in the disputed Falkland Islands, raising tensions in a diplomatic row over the islands' sovereignty. Argentina's minister for the Falklands, known as Las Malvinas in Argentina, announced the start of the lawsuit in...

  • LONDON, April 17- Argentina has started legal proceedings against five companies, including three British firms, which are drilling for oil and gas in the disputed Falkland Islands, raising tensions in a diplomatic row over the islands' sovereignty. Argentina's minister for the Falklands, known as Las Malvinas in Argentina, announced the start of the lawsuit in...

  • Obama defends pursuit of sweeping trade pact Friday, 17 Apr 2015 | 1:11 AM ET

    WASHINGTON— President Barack Obama on Friday defended his pursuit of a sweeping trade pact as good for American workers in a global economy, dismissing fierce opposition from his own party as a "ratification of the status quo." Sander Levin, the senior Democrat of House Ways and Means Committee, declared he was "out to defeat" the legislation because, he said, it would...

  • Veteran Chinese journalist Gao Yu sentenced to 7 years Friday, 17 Apr 2015 | 12:13 AM ET

    BEIJING— A Beijing court sentenced a veteran Chinese journalist to seven years in prison Friday on charges of leaking a document detailing the Communist Party leadership's resolve to aggressively target civil society and press freedom as a threat to its monopoly on power. The sentence against Gao Yu, 71, comes amid a widening clampdown on free speech that...

  • The lawsuit, filed in the U.S. District Court in the Central District of California, is seeking about $1 million in damages, attorney Keith Fink told Reuters. According to a company memo seen by Reuters, American Apparel Chief Executive Paula Schneider said no law required the company to give more notice than it had or to give any severance. The case is Carlos...

  • WASHINGTON, April 16- Senior U.S. lawmakers reached agreement on Thursday on the wording of a bill aimed at giving the White House "fast track" authority to negotiate a Pacific trade pact that is central to President Barack Obama's strategic shift toward Asia. The Obama administration announced in late 2009 that it was entering TPP negotiations with Australia,...

  • WASHINGTON, April 16- Legislation introduced to the U.S. Congress will set nearly 150 objectives for U.S. trade negotiators and lay the ground rules for how trade deals are approved. Highlights of the 113- page bill, which gives Congress a yes-or-no vote on trade deals, include:. *a new process to potentially turn off streamlined voting procedures in either chamber...

  • Congressman admits relationship with airline lobbyist Thursday, 16 Apr 2015 | 6:01 PM ET

    Bill Shuster, R- Pa., chairman of the House Transportation and Infrastructure Committee, said Shelley Rubino, a vice president for global government affairs at Airlines for America, a trade association for major U.S. airlines, doesn't lobby him or his staff. Shuster represents the same congressional district that was represented by his father, Bud Shuster, who...

  • NEW YORK— Apple Inc.' s cooperation with efforts to improve its compliance with antitrust laws after a federal judge concluded it colluded with electronic book publishers to raise prices five years ago took on an "adversarial tone" recently, a court-appointed monitor says. The monitor, Michael Bromwich, said in a report made public Thursday that the technology...

  • Obama signs bill fixing Medicare doctors' pay Thursday, 16 Apr 2015 | 5:36 PM ET

    President Barack Obama signed a bill into law on Thursday that repairs the formula for reimbursing Medicare physicians after Congress, in rare bipartisan fashion, passed a fix earlier this week to prevent a 21 percent cut in doctors' pay. The measure replaces a 1990 s formula that linked Medicare doctor pay to economic growth, with a new formula more focused on...

  • NEW YORK, April 16- Wells Fargo Bank breached a nationwide 2010 legal settlement involving adjustable-payment mortgages, a federal judge ruled, finding that the bank did not properly evaluate homeowners who applied for help to avoid foreclosures. In an order on Wednesday, U.S. District Court Judge Richard Seeborg in northern California told Wells to meet with...

  • WASHINGTON, April 16- Senior U.S. lawmakers reached agreement on Thursday on a bill to give the White House "fast track" authority to negotiate a trade pact with 11 other Pacific nations that is central to President Barack Obama's strategic shift toward Asia. The White House has faced pressure to make progress on the bill ahead of a meeting between Obama and...

  • WASHINGTON, April 16- President Barack Obama on Thursday praised a bipartisan bill that would fast-track trade deals through Congress, urging lawmakers to pass it quickly so his administration can advance a trade pact with Pacific nations. "The bill put forward today would help us write those rules in a way that avoids the mistakes from our past, seizes...

  • The Indiana House voted 54-40 in favor of the repeal, even with 13 Republicans splitting from the GOP supermajority to join Democrats in opposing the measure. The House vote came a day after the Senate approved the repeal in a 27-22 and three days after a few thousand people attended an outdoor Statehouse rally opposing the bill. Martin Carbaugh of Fort Wayne...

  • LANSING, Mich.— A divided state Senate approved revisions Thursday to Michigan's auto insurance law that backers said would curtail costs in the only state to require unlimited medical benefits for those severely injured in crashes and that opponents warned wouldn't guarantee rate relief. "The best approach to bringing down insurance rates in Michigan is to...