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  • *Platinum, palladium traders sued by jewelry maker. NEW YORK, Nov 25- Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals. In a complaint filed on Tuesday in the U.S. District...

  • White House veto threat shelves possible tax plan Wednesday, 26 Nov 2014 | 3:25 AM ET

    WASHINGTON— A White House veto threat appears to have put on ice a congressional effort to permanently renew a handful of tax breaks for businesses and individuals. The White House immediately weighed in with a veto threat, saying Congress should also make permanent a top Obama administration priority: extending more generous tax credits for the working poor...

  • White House vows to kill deal to extend tax breaks Tuesday, 25 Nov 2014 | 4:55 PM ET

    WASHINGTON— The White House is working feverishly to quickly scuttle a congressional effort to permanently renew generous tax breaks for businesses and individuals, saying a plan brewing on Capitol Hill favored corporations over the working class. The White House immediately weighed in with a veto threat, saying Congress should also make permanent a top...

  • Lawmakers target Golden Gate Bridge sidewalk fee Tuesday, 25 Nov 2014 | 4:23 PM ET

    SAN FRANCISCO— Two California lawmakers plan to introduce legislation to block a possible sidewalk toll on the Golden Gate Bridge. Assemblymen Phil Ting and Marc Levine said at a news conference Tuesday that a sidewalk toll would be the wrong message to send when officials are trying to cut greenhouse gas pollution and encourage people to walk and bike.

  • LONDON, Nov 25- A London law firm is rallying Tesco Plc shareholders to join a lawsuit and seek compensation for losses after Britain's largest retailer discovered a hole in its profits, suspended eight senior employees and sparked a series of investigations. Stewarts Law, one of the litigators behind a 4 billion pound investor case against Royal Bank of...

  • Honda admits under-reporting serious US accidents Tuesday, 25 Nov 2014 | 1:10 AM ET

    Honda failed to notify U.S. safety regulators of 1,729 claims of injuries and deaths related to accidents in its vehicles since 2003.

  • The Japanese automaker's U.S. arm responded to a Nov. 3 order from the National Highway Traffic Safety Administration, seeking an explanation for why Honda failed to fulfill its legal obligation to report deaths and injuries, especially those involving air bags. Honda and Japanese supplier Takata Corp have been at the center of investigations of defects in...

  • Honda admits failing to report deaths, injuries Monday, 24 Nov 2014 | 4:55 PM ET

    DETROIT— Honda is admitting that it failed to report more than 1,700 injury and death claims about its vehicles to U.S. safety regulators, a violation of federal law. The agency said at the time that Honda may have failed to report incidents related to air bags made by Takata Corp. as well as other defective parts. Honda has recalled more than 5 million vehicles in...

  • Maui GMO ban supporters seek to dismiss lawsuit Monday, 24 Nov 2014 | 2:04 PM ET

    HONOLULU— Groups of moms and environmentalists are among the organizations that want to help defend a new Maui County law that bans the cultivation of genetically modified organisms. A federal judge ruled Nov. 14 that Maui County can't implement the law until he considers arguments in the lawsuit against it. Attorneys for Earthjustice and Center for Food...

  • DETROIT, Nov 24- Detroit is eying a date between Dec. 8 and 10 for its debt adjustment plan to take effect, allowing the city to exit the biggest-ever municipal bankruptcy, an attorney said on Monday. Heather Lennox, Detroit's attorney with law firm Jones Day, told U.S. Bankruptcy Court Judge Steven Rhodes that the city expects to complete a budget that incorporates...

  • MADRID, Nov 24- The head of Germany's Bundesbank cautioned the European Central Bank on Monday about the legal hurdles it would face in embarking on money printing to buy government bonds, underlining its opposition to such a move. The remarks from Jens Weidmann, who also sits on the ECB's Governing Council, raise a further question mark over ECB President Mario...

  • Indiana Supreme Court weighs school busing fees Monday, 24 Nov 2014 | 4:02 AM ET

    INDIANAPOLIS— Indiana Supreme Court justices quizzed lawyers in a case over school busing fees Monday about the limit of the state's constitutional guarantee of a free public education. The state Court of Appeals had decided unanimously this past June that the Marion County district violated the constitution when it allowed an outside contractor to...

  • Obama defends moves on immigration Sunday, 23 Nov 2014 | 10:09 AM ET

    HENDERSON, Nev.— President Barack Obama is shrugging off Republican criticism of his actions to lift the threat of deportation from millions of immigrants living illegally in the United States. In an interview broadcast Sunday on ABC's "This Week," Obama said it was important that he act unilaterally to prioritize the deportation of criminals and recent...

  • Spain rolls out red carpet for entrepreneurs Sunday, 23 Nov 2014 | 6:46 AM ET
    Madrid skyline at sunset

    A new law is Spain's latest effort to make the country more attractive to people outside the EU who want to start a businesses, invest or work there. The NYT reports.

  • Analysis: Veto gives Obama edge on immigration Saturday, 22 Nov 2014 | 3:48 AM ET

    "We alone, I say it openly, we the Senate are waiting in our duty to stop this lawless administration and its unconstitutional amnesty," said one of them, Sen. In remarks on the Senate floor, according to his office, he was channeling Cicero, the ancient Roman orator. House Speaker John Boehner and Senate leader Mitch McConnell want none of that.

  • Bin Laden son-in-law's lawyer is heading to prison Friday, 21 Nov 2014 | 6:04 PM ET

    SYRACUSE, N.Y.— An attorney for Osama bin Laden's son-in-law has been sentenced to 18 months in prison on tax charges. Stanley Cohen was sentenced Friday in federal court in Syracuse, New York, after pleading guilty to impeding the U.S. tax agency and failing to file tax returns. In September, Cohen's client Sulaiman Abu Ghaith received life in prison for acting as...

  • 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...