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  • BERLIN, Oct 25- Calogero Gambino, a senior Deutsche Bank regulatory lawyer, has been found dead in New York in what appears to have been a suicide, the Wall Street Journal reported on Saturday, citing New York City officials and other sources. He had been closely involved in negotiating legal issues for Deutsche Bank such as a probe by regulators of banks over...

  • NEW YORK, Oct 24- Fannie Mae has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized by the U.S. government during the 2008 financial crisis. Fannie Mae and the smaller Freddie Mac were seized by the federal government on Sept. 7, 2008 and put into a...

  • Greeks get 8 years to clear austerity tax bill Friday, 24 Oct 2014 | 3:29 PM ET

    ATHENS, Greece— Parliament has approved draft legislation that would give distressed Greeks more than eight years to settle unpaid taxes imposed under the country's austerity measures. Despite a steep rise in unemployment and extensive wage cuts, Greeks have been hammered with additional taxes, levied under bailout agreements between the country and...

  • France OKs extradition of dissident Kazakh banker Friday, 24 Oct 2014 | 1:20 PM ET

    PARIS— A French appeals court has authorized the extradition to Russia or Ukraine of a Kazakh dissident banker whose legal case is tangled up in at least five countries. Mukhtar Ablyazov fled Kazakhstan amid the nationalization of BTA Bank, which he once led as chairman. He was arrested in southern France in July 2013 and both Russia and Ukraine have requested...

  • NBCUniversal settles with unpaid interns for $6.4M Friday, 24 Oct 2014 | 11:55 AM ET

    NEW YORK— Nearly 9,000 unpaid interns stand to benefit from a $6.4 million settlement with NBCUniversal over back wages. Unpaid interns who worked on "Saturday Night Live" and other shows brought a class action suit last July in Manhattan federal court claiming NBCUniversal violated the law by classifying them as non-employee interns and paid them nothing or...

  • MOSCOW, Oct 24- Russia's top bank Sberbank said on Friday it had launched a legal challenge in a European Union court over Western sanctions imposed on the bank over the Ukraine crisis. The EU imposed sanctions on Sberbank over the summer, restricting its access to international capital, in a move linked to Russia's role in the separatist conflict in Ukraine.

  • MOSCOW, Oct 24- Russia's top bank Sberbank said on Friday it had launched a legal challenge in the European Court of Justice over Western sanctions imposed on the bank over the Ukraine crisis.

  • NEW YORK, Oct 23- A New York federal judge on Thursday barred embattled video streaming company Aereo from transmitting the programs of television broadcasters as they are being shown, blocking its bid to operate like a traditional cable system. The ruling was another win for major broadcasters, whose copyrights the U. S Supreme Court in June said Aereo violated...

  • Fed Governor Daniel Tarullo, who oversees bank regulation, invited CEOs from a group of banks with between roughly $50 billion and roughly $150 billion of assets, the sources said this week. Under the 2010 Dodd-Frank regulatory reform law, banks that have more than $50 billion of assets must show how they would fare in stressful situations before they can...

  • Amazon to refund Iowa customers over subscription Thursday, 23 Oct 2014 | 1:26 PM ET

    DES MOINES, Iowa— Online retailor Amazon has agreed to refund more than 1,000 Iowa customers over issues regarding a subscription service. The state Attorney General's Office says the agreement means Amazon.com Inc. and Amazon Services LLC will give $122,000 in refunds and credits to Iowa customers. The agreement requires that Amazon comply with state law...

  • U.S. court upholds patents on Pfizer's cancer drug Thursday, 23 Oct 2014 | 8:57 AM ET

    Oct 23- A U.S. district court ruled in favor of Pfizer Inc in a patent lawsuit it filed against Mylan Inc alleging patent infringement on its cancer drug, Sutent, Pfizer said. Pfizer filed the lawsuit in June 2010 after Mylan attempted to market a generic version of Sutent, patented until 2021.. The case is Pfizer Inc v.

  • ATHENS, Oct 23- Greece's coalition government submitted promised tax relief legislation to parliament on Thursday as part of efforts to boost its flagging popularity and show Greeks that four years of austerity are nearing an end. Prime Minister Antonis Samaras, whose conservative party trails the anti-austerity Syriza party in opinion polls, has been...

  • HealthCare.gov's EZ form not for legal immigrants Thursday, 23 Oct 2014 | 3:12 AM ET

    WASHINGTON— HealthCare.gov' s simpler online application is being touted as a big win for consumers. "The whole idea was that HealthCare.gov was going to be a seamless and easy process, but that doesn't seem to be the case for immigrants," said Alvaro Huerta, an attorney at the National Immigration Law Center in Los Angeles. The White House wants more Latinos to sign...

  • RUSSIAN COURT SAYS MORE TIME NEEDED TO PREPARE LAW SUIT, HEARINGS TO RESUME ON NOV 30.

  • Oct 22- Texas tycoon Sam Wyly, who filed for bankruptcy this week, is trying to exhaust his fortune through exorbitant spending to impede the U.S. Securities and Exchange Commission's collection of a $198.1 million fraud claim against him, the regulator told a U.S. judge on Wednesday. During a hearing in Dallas bankruptcy court, a lawyer for the SEC criticized...

  • NEW YORK, Oct 22- Goldman Sachs Group on Wednesday attacked expert evidence offered by attorneys for former female employees in a U.S. federal sex discrimination lawsuit, arguing there was no pattern of gender-based pay and promotion disparities at the bank. "The pattern is consistent and clear," said plaintiffs' attorney Kelly Dermody at the court hearing in the...

  • California malpractice cap generates big spending Wednesday, 22 Oct 2014 | 3:55 PM ET

    SACRAMENTO, Calif.— Bob Pack wanted to go after the HMO doctors for recklessly prescribing painkillers to a drug-abusing nanny who ran over his 10- year-old son and 7- year-old daughter as they were heading for ice cream one early fall evening in 2003.. But under California's 1970 s-era medical malpractice law there was a $250,000 cap on pain and suffering.

  • Small business view: Ebola, energy and elections Wednesday, 22 Oct 2014 | 2:25 PM ET

    And the upcoming elections are raising questions about what the new Congress is likely to do. Craig Beal has had three cancellations for safaris to places like Botswana and South Africa that are nine hours by plane from the countries with widespread Ebola outbreaks. A similar pattern emerged after riots in South Africa and a shooting last year at a Nairobi,...

  • NEW YORK, Oct 22- A federal judge has dismissed a lawsuit brought by Massachusetts Attorney General Martha Coakley that accused mortgage finance giants Fannie Mae and Freddie Mac of violating a state law meant to prevent financially troubled residents of the state from losing their homes. Filed in June, the lawsuit said Fannie and Freddie blocked a state...

  • German firm wins appeal in Spain thalidomide case Wednesday, 22 Oct 2014 | 6:23 AM ET

    In November 2013, the court had ordered Gruenenthal to pay 20,000 euros for each percentage point of disability of the victims as recognized by Spain's Health Ministry. The Spanish Association of Thalidomide Victims said it felt let down by the decision and did not understand how the court now ruled the statute of limitations had expired but did not do so not...