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  • CHICAGO, Nov 21- A judge ruled on Friday that an Illinois law aimed at easing the state's huge unfunded pension liability is unconstitutional, handing a victory to labor unions and state retirees who challenged the law and an initial defeat to the state's efforts to fix its sagging finances. The judge rejected the state's argument that public workers and...

  • Apparent settlement reached in National Beef case Friday, 21 Nov 2014 | 1:21 PM ET

    WICHITA, Kan.— An apparent settlement has been reached in the class action lawsuit against National Beef brought by workers at its Liberal, Kansas, meatpacking plant, according to a court filing Friday. The practice is "fairly common in the meat processing industry," said Mark Kistler, the Overland Park attorney representing workers. The two named plaintiffs,...

  • TV-over-Internet service Aereo seeks Chapter 11 Friday, 21 Nov 2014 | 1:05 PM ET

    The Supreme Court ruled this summer that Aereo had been operating like a cable TV company, meaning that unless it paid broadcasters licensing fees, it was in violation of copyright law. The company got its start in New York and had expanded to about 10 other metropolitan areas, including Boston, Houston and Atlanta, though it never disclosed how many subscribers...

  • NEW YORK, Nov 21- The morning after President Barack Obama announced his sweeping action to overhaul the U.S. immigration system, conservative groups and states were already pulling together legal strategies to dismantle the plan. Opponents said there will likely be a three-pronged legal approach to stymie Obama's moves: Congress could sue the president for...

  • House GOP sues Obama administration on health law Friday, 21 Nov 2014 | 10:36 AM ET

    Legal experts expressed doubts that the GOP would prevail or that the case could be concluded during Obama's presidency. GOP lawmakers said those unilateral actions were unconstitutional and have promised unspecified congressional action. A Republican official said party leaders might amend the suit to include Obama's immigration actions, which would...

  • UPDATE 2-Aereo files for bankruptcy Friday, 21 Nov 2014 | 9:41 AM ET

    NEW YORK, Nov 21- Aereo Inc, the video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. Aereo Chief Executive Officer Chet Kanojia said the decision created "regulatory and legal uncertainty" that proved insurmountable for the New York- based company, which is privately held. Lawton Bloom, a principal at Argus Management...

  • Court sides with union over Pa. health centers Friday, 21 Nov 2014 | 9:40 AM ET

    HARRISBURG, Pa.— The Pennsylvania Supreme Court sided with a union that represents nurses Thursday and put a halt to plans by the Corbett administration to close more than a third of the state's county-based health centers. The majority opinion, by Justice Max Baer, said the Legislature has never changed a mandate in a 1996 law that the state maintain the number of...

  • Aereo files for Chapter 11 bankruptcy protection Friday, 21 Nov 2014 | 9:03 AM ET

    NEW YORK— Online streaming service Aereo says that it has filed for Chapter 11 bankruptcy protection, saying an unfavorable ruling by the U.S. Supreme Court was too difficult to overcome. Netflix, Amazon and Hulu offer full episodes of popular shows from broadcast networks ABC, NBC and Fox like "The Colbert Report" the next day for free. CEO Chet Kanojia said in a...

  • White House: Immigration steps would boost wages Friday, 21 Nov 2014 | 9:00 AM ET

    WASHINGTON— President Barack Obama's moves on immigration would expand the labor force and increase worker productivity, according to a White House report Friday that estimates average wages would rise over a 10- year period. Obama's Council of Economic Advisers forecasts that as a result of his administrative actions, the gross domestic product would...

  • Nov 21- Television streaming service Aereo Inc filed for bankruptcy protection after a U.S. Supreme Court ruled in June that the company's business model violated copyright laws. The ruling was a victory for broadcasters such as CBS Corp, Comcast Corp's NBC, Walt Disney Co's ABC and Twenty-First Century Fox Inc's Fox network. The filing is In re: Aereo Inc, U.S....

  • TV streaming provider Aereo files for bankruptcy Friday, 21 Nov 2014 | 6:29 AM ET

    Nov 21- Television streaming service Aereo Inc filed for bankruptcy protection after a U.S. Supreme Court ruling in June found that the company's business model violated copyright laws. Aereo, in which Barry Diller's IAC/InterActiveCorp has a 23.30 percent stake, filed for Chapter 11 protection to preserve the value of its estate, according to a court filing...

  • Judge rules Illinois pension law unconstitutional Friday, 21 Nov 2014 | 1:09 AM ET

    The ruling will be appealed to the state Supreme Court, the Illinois attorney general's office said. "The state of Illinois made a constitutionally protected promise to its employees concerning their pension benefits," Belz wrote in a six-page opinion. "Under established and uncontroverted Illinois law, the state of Illinois cannot break its promise."

  • UPDATE 3-Obama says his immigration plan is lawful Thursday, 20 Nov 2014 | 6:50 PM ET

    With 11 million undocumented immigrants in the United States, Obama's plan would let some 4.4 million who are parents of U.S. citizens and legal permanent residents remain in the United States temporarily, without the threat of deportation. It will apply to those who have been in the United States for at last five years. An additional 270,000 people would be...

  • SPRINGFIELD, Illinois, Nov 20- A ruling on whether an Illinois law aimed at easing the state's huge unfunded pension liability is constitutional will be issued on Friday, a judge overseeing the case said on Thursday. Public labor unions and retirement groups argue the provision in Illinois' constitution against the impairment or diminishment of those...

  • BRUSSELS/ LONDON, Nov 20- Britain suffered an embarrassing defeat in its attempt to block the European Union's new limits on bank bonuses on Thursday, withdrawing its legal challenge after an adviser to the bloc's top court made clear it was unlikely to succeed. Britain, home to the City of London where most of the bankers hit by the cap are based, said the law would...

  • Judge to rule Friday on Illinois pension law Thursday, 20 Nov 2014 | 1:45 PM ET

    SPRINGFIELD, Ill.— A judge said he will rule Friday on the constitutionality of the landmark Illinois pension patch after hearing arguments about whether the state can use the crisis of a $100 billion retirement-fund debt to cut benefits to retirees. The decision by Sangamon County Circuit Judge John Belz, who heard about 45 minutes of oral arguments Thursday,...

  • NEW YORK, Nov 20- Boston Scientific Corp was ordered Thursday to pay $18.5 million for injuries caused by transvaginal mesh devices, a plaintiffs' lawyer said, in the third courtroom loss for the company over the products. Jurors also said Boston Scientific had acted with "gross negligence" and awarded each woman $1 million in punitive damages, Monsour said.

  • Green light for Illinois red-light camera law Thursday, 20 Nov 2014 | 1:01 PM ET

    CHICAGO— Red-light cameras will stay put at intersections in Illinois after a divided state Supreme Court couldn't reach a decision on their legality in a test case focused on Chicago, according to a Thursday filing. A spokesman for the city of Chicago, which has one of the nation's largest red-light camera programs, welcomed the outcome. Two Illinois justices,...

  • Court: $500K limit proper for girl run over by bus Thursday, 20 Nov 2014 | 12:35 PM ET

    HARRISBURG, Pa.— A $14 million jury award to a suburban Philadelphia girl who was run over by a school bus was properly reduced to $500,000, the state's highest court ruled. The Supreme Court on Wednesday said the cap on damages applied to Ashley Zauflik, who lost her left leg and suffered other severe injuries when she was hurt by the Pennsbury High School bus seven...

  • Congress can't 'de-fund' Obama on immigration Thursday, 20 Nov 2014 | 12:17 PM ET

    WASHINGTON— A senior House Republican said Thursday that it's impossible to "defund" President Barack Obama's upcoming moves on immigration in an upcoming spending bill. Appropriations Committee Chairman Harold Rogers, R- Ky., said the Citizenship and Immigration Services agency gets its money through application fees, so Congress can't stop it by...