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  • Rival gun measures on ballot in Washington state Friday, 10 Oct 2014 | 3:36 AM ET

    OLYMPIA, Wash.— Two competing measures on the Washington state ballot this fall ask voters to take a stance on expanded background checks for gun sales. Supporters of the initiative to expand background checks have received large donations from wealthy figures, including Microsoft co-founders Bill Gates and Paul Allen, and have spent millions, far outpacing...

  • Ebola screening measures rest on US federal law Friday, 10 Oct 2014 | 12:28 AM ET

    "It's really not different in kind to security screenings you have to go through at the airport," said Michael Dorf, a Cornell University constitutional law professor. "One can argue whether the Obama administration waited too long, but I think it would be irresponsible for the administration not to use its legal authority to protect the health of the public," said...

  • WASHINGTON, Oct 9- Former Federal Reserve Chairman Ben Bernanke took the stand on Thursday to defend the U.S. government's bailout of American International Group in 2008, in a fourth day of testimony by former top government officials looking to convince a federal judge that the rescue of the insurance company was legal. Former AIG Chief Executive Hank...

  • NEW YORK, Oct 9- A U.S. appeals court ruling on Thursday revived a lawsuit against JPMorgan Chase& Co filed by a former vice president claiming the bank ignored red flags about a client's potential fraud, even after the massive Ponzi scheme operated by Bernard Madoff, another JPMorgan client, was exposed. JPMorgan has rejected Sharkey's allegations and a bank...

  • NY lawmaker backs tax credits for music production Thursday, 9 Oct 2014 | 3:01 AM ET

    ALBANY, N.Y.— A state legislator is proposing tax credits for music production in New York similar to the credits that have been provided for film and television production. Assemblyman Joe Lentol, a Brooklyn Democrat, is offering legislation to establish a 20 percent tax credit. Lentol says Georgia, Tennessee and Louisiana have passed legislation to provide...

  • SAN FRANCISCO, Oct 8- Google Inc has asked the U.S. Supreme Court to wade into contentious litigation against Oracle Corp, arguing that the high court must act to protect innovation in high tech. Google's request, filed on Monday, seeks to overturn an appeals court ruling that found Oracle could copyright parts of the Java programming language, which Google used to...

  • Business Highlights Wednesday, 8 Oct 2014 | 5:56 PM ET

    WASHINGTON— Workers who fill customer orders for Internet retailer Amazon might be out of luck in their quest to be paid for time they spend going through security checkpoints each day. Several Supreme Court justices expressed doubts Wednesday during arguments over whether federal law entitles workers to compensation for security measures to prevent...

  • RIO DE JANEIRO, Oct 8- A year after the epic collapse of his industrial empire, Brazilian tycoon Eike Batista's financial and legal troubles appear far from over. Once worth more than $30 billion and listed as the world's eighth-richest man by Forbes Magazine, Batista says his debts now exceed his assets by $1 billion and the value of his remaining stakes in the oil,...

  • San Francisco lawmakers OK Airbnb rentals Wednesday, 8 Oct 2014 | 11:44 AM ET

    SAN FRANCISCO— San Francisco lawmakers have tentatively approved a measure that would allow city residents to rent out their homes to travelers on sites such as Airbnb. The Board of Supervisors voted 7-4 on Tuesday in favor of short-term rentals with some restrictions, including a cap on the number of days an entire home can be rented out each year.

  • *Rusal says plans to approach Britain's Supreme Court directly. LONDON/ MOSCOW, Oct 8- The London Metal Exchange won its appeal against a court ruling that had halted sweeping reform- aimed at easing huge backlogs to withdraw metal from its global warehousing network- which it said it will implement from Feb 1. A three-judge panel at Britain's Court of Appeal...

  • Russia looks to compensate its sanctioned elite Wednesday, 8 Oct 2014 | 9:22 AM ET

    MOSCOW— Russia's parliament gave preliminary approval Wednesday to a bill that would grant compensation to individuals hit by Western sanctions, a move that the usually compliant opposition criticized as a Kremlin attempt to buy the loyalty of the elite. The bill, which also allows Moscow to seize the assets in Russia of foreign individuals encouraging the...

  • Cambodian nightlife workers covered by labor laws Wednesday, 8 Oct 2014 | 8:50 AM ET

    PHNOM PENH, Cambodia— Cambodia enacted a regulation Wednesday to protect nightclub hostesses and other adult entertainment workers under the same laws that protect other workers' rights, a move that was hailed by the U.N.' s labor body. International Labor Organization Asia-Pacific director Yoshiteru Uramoto said in a statement that entertainment workers...

  • *Austria has threatened legal action. BRUSSELS, Oct 8- A British plan to guarantee the price of power from its first new nuclear project in decades won European Union backing in a landmark ruling on Wednesday that threatens to trigger legal challenges. The ruling clears the way for the 16- billion-pound Hinkley Point nuclear power station in southwest England...

  • *Rusal says plans to approach Britain's Supreme Court directly. LONDON/ MOSCOW, Oct 8- The London Metal Exchange won its appeal against a court ruling that had halted sweeping reform, aimed at easing huge backlogs to withdraw metal from its global warehousing network. A three-judge panel at Britain's Court of Appeal overturned an original March ruling in favour...

  • UN envoy urges restraint in Cyprus-Turkey gas row Wednesday, 8 Oct 2014 | 5:35 AM ET

    NICOSIA, Cyprus— A United Nations envoy is urging Cyprus and Turkey to avoid any escalation of tensions in a row over Ankara's planned gas search in waters where the Cypriot government has already licensed companies to drill. Cyprus was split in 1974 when Turkey invaded after a coup by supporters of union with Greece. Turkey doesn't recognize Cyprus as a state...

  • Court hears dispute over pay for security checks Wednesday, 8 Oct 2014 | 3:09 AM ET

    Several Supreme Court justices expressed doubts Wednesday during arguments over whether federal law entitles workers to compensation for security measures to prevent employee theft. The Supreme Court has previously ruled that workers must be paid for time putting on protective gear for work, but not for time waiting to take it off. The latest dispute...

  • NEW YORK, Oct 7- The U.S. Supreme Court will hear arguments on Wednesday on whether companies have to pay workers for time spent undergoing security checks, in a case challenging how hourly employees are compensated for tasks outside the regular work shift. Employees of Integrity Staffing Solutions, an Amazon.com Inc contractor handling merchandise shipped...

  • In January, Mexico said it had launched a probe of 270 companies, with a focus on seven, for allegedly exploiting legal tax loopholes that have leaked income out of Mexico for years. Reuters reported last month that the world's largest household products maker, Procter& Gamble, and No. 2 toymaker, Hasbro, were at the heart of the probe, which could cost the firms...

  • The decision, from the 9th U.S. Circuit Court of Appeals in San Francisco, came one day after the U.S. Supreme Court let stand similar rulings from appeals courts in other parts of the country.

  • Health law waivers: Too complicated to claim? Tuesday, 7 Oct 2014 | 2:37 PM ET

    WASHINGTON— Millions of Americans may qualify for waivers from the most unpopular part of President Barack Obama's health care overhaul. But getting that exemption could be an ordeal. Some people will apply directly to the Internal Revenue Service when they file their 2014 tax returns next year.