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  • Prison company pays $260K in lawsuit settlement Wednesday, 13 Aug 2014 | 11:54 AM ET

    LOUISVILLE, Ky.— The largest private prison company in America paid $260,000 to a group of shift supervisors in Kentucky to settle claims that they were denied overtime, according to an agreement unsealed Wednesday.

  • Judge cuts back Madoff trustee lawsuit vs Merkin Wednesday, 13 Aug 2014 | 11:32 AM ET

    NEW YORK, Aug 13- The trustee seeking money for Bernard Madoff's victims suffered his second loss in less than a week to Wall Street hedge fund manager J. Ezra Merkin, as a Manhattan bankruptcy judge dismissed most claims in a roughly $565 million lawsuit.

  • U.S. District Court Judge Thomas Griesa, who has presided over the long-running legal battle, said in New York on Friday he would issue a contempt order unless Argentina stopped claiming it had met its obligations and was not in default.

  • BRUSSELS, Aug 13- EU regulators have begun legal proceedings against 24 member states, including Germany, for failing to enforce a law on energy efficiency, the Commission said on Wednesday.

  • Aug 12- A federal judge could once again push back the start date for the trial on Detroit's exit from the largest municipal bankruptcy in U.S. history after some creditors said on Tuesday a possible settlement is snarling key components of the restructuring plan.

  • Oregon board suspends psychologist's license Tuesday, 12 Aug 2014 | 5:10 PM ET

    PORTLAND, Ore.— An administrative law judge is reviewing the case of a Portland psychologist whose license was suspended after her 12- year-old client attempted suicide following unorthodox treatment that included drinking milk from a baby bottle while sitting in his father's lap.

  • PLCB urged to boost markup on wine, liquor prices Tuesday, 12 Aug 2014 | 12:32 PM ET

    HARRISBURG, Pa.— The Pennsylvania Liquor Control Board's finance director is advocating that the agency increase its markup on liquor and wine to counter higher expenses. In an internal memo obtained by The Associated Press, August Hehemann proposed that the markup be raised from 30 percent, the rate that has stood since 1993, to 35 percent.

  • *Deutsche Bank says suspicions of wrongdoing unfounded. MUNICH/ FRANKFURT, Aug 12- German prosecutors are seeking charges against Deutsche Bank co-CEO Juergen Fitschen and several former executives at the bank in connection with the long-running Kirch bankruptcy case, legal sources said on Tuesday.

  • MUNICH/ FRANKFURT, Aug 12- German prosecutors are seeking charges against Deutsche Bank co-CEO Juergen Fitschen and several former executives at the bank in connection with the long-running Kirch bankruptcy case, legal sources said on Tuesday. Deutsche Bank said it had received no written notice of the prosecutor's decision.

  • P- Mutual funds suing Puerto Rico over a new restructuring law filed an amended complaint on Monday that details ways the island's electric power authority PREPA could meet its obligations without defaulting on its debt. Constitution by effectively allowing Puerto Rico to impair certain contracts. The funds hold about $1.7 billion of Puerto Rico debt.

  • NY judge to encourage settlements of GM lawsuits Monday, 11 Aug 2014 | 7:07 PM ET

    NEW YORK— A federal judge told lawyers on Monday he'll encourage settlements in lawsuits brought on behalf of nearly 1,000 plaintiffs against General Motors for defective ignition switches.

  • Business Highlights Monday, 11 Aug 2014 | 5:44 PM ET

    The Associated Press reviewed all 15 petitions filed by drivers with the National Highway Traffic Safety Administration since 2010 and found the agency missed the legal deadline to grant or deny the requests 12 times.

  • Mexico opens gas, oil to foreign, private firms Monday, 11 Aug 2014 | 1:34 PM ET

    Pena Nieto said that the government will let potential investors know by Wednesday which blocks of gas and oil fields will be open for them. The state-owned oil company, Petroleos Mexicanos, or Pemex, has the right under the new rules to take first dibs and set aside some fields for itself; Pena Nieto said those set-asides will also be made public Wednesday.

  • Kansas teachers' union challenges anti-tenure law Monday, 11 Aug 2014 | 12:19 PM ET

    TOPEKA, Kan.— The largest teachers' union in Kansas filed a lawsuit Monday against a new state law that ended guaranteed tenure for public school teachers, arguing that legislators violated the state constitution by folding the new policy into a larger education funding measure.

  • US agency moves slowly on investigation requests Monday, 11 Aug 2014 | 11:30 AM ET

    The Associated Press reviewed all 15 petitions filed by drivers with the National Highway Traffic Safety Administration since 2010 and found the agency missed the legal deadline to grant or deny the requests 12 times.

  • Should US do more or less in Iraq? Lawmakers weigh in Sunday, 10 Aug 2014 | 10:49 AM ET
    Iraqis inspect the scene of a car bomb explosion outside the Shiite Mustafa prayer hall, or Husseiniya, in the southwest of the northern Kurdish controlled Iraqi city of Kirkuk.

    Lawmakers weighed in on President Barack Obama's authorization of "targeted airstrikes" in Iraq.

  • NYC ends legal spat over building-workers wage law Friday, 8 Aug 2014 | 5:48 PM ET

    City Council dispute, which arose during former Mayor Michael Bloomberg's administration. The measure guarantees pay topping $20 an hour for security guards, janitors, handymen and other workers at buildings that that get more than $1 million in city subsidies or lease significant space to the city. Then he sued the City Council after it overrode his veto.

  • Judge rejects $324.5M settlement of tech wage case Friday, 8 Aug 2014 | 5:08 PM ET

    SAN FRANCISCO— A federal judge has decided a $324.5 million settlement isn't enough to cover the damages done to more than 60,000 high-tech workers in a class-action lawsuit alleging Google and Apple conspired with other technology companies to block their top employees from getting better job offers.

  • SAN FRANCISCO, Aug 8- A U.S. judge on Friday rejected a $324.5 million settlement of a class action lawsuit filed by tech workers who accused four Silicon Valley giants including Apple and Google of conspiring to avoid poaching each other's workers.

  • SAN FRANCISCO, Aug 8- A U.S. judge on Friday rejected a $324.5 million settlement between tech workers and companies including Apple and Google in a lawsuit accusing the companies of conspiring to avoid poaching each other's workers. District Judge Lucy Koh in San Jose, California, said the proposed settlement amount "falls below the range of reasonableness."