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  • The herbicide is approved immediately for use in six states, and the EPA is evaluating expansion to additional states. "EPA has not followed the law," said Greg Loarie, an attorney with Earthjustice, a non-profit environmental law organization that is evaluating legal action to try to stop the commercialization of Enlist Duo. Loarie said EPA also failed to fully...

  • DETROIT, Oct 15- Ordinary Detroit residents sounded off with passion and anger on Wednesday as they gave a federal judge their views on the city's plan to exit its historic municipal bankruptcy. Bankruptcy Judge Steven Rhodes began a hearing on Sept. 2 to determine if Detroit's plan to restructure $18 billion in debt is fair and feasible. Some residents of...

  • In announcing the decision, EPA said it had thoroughly evaluated the risks, including those for endangered species, that come with what is expected to be a large increase in the use of the chemical agent 2,4- D, which is an active ingredient of Enlist Duo. "EPA has not followed the law," said Greg Loarie, an attorney with Earthjustice, a non-profit environmental law...

  • Vermont releases draft GMO labeling rules Wednesday, 15 Oct 2014 | 3:16 PM ET

    MONTPELIER, Vt.— The Vermont attorney general's office on Wednesday released a draft of the rules it is writing to govern the state's first-in-the-nation law to require the labeling of food made with genetically modified organisms. Attorney General William Sorrell said his office was moving to write the rules as quickly as possible so the industry would be...

  • *Q3 net loss $0.01/ shr vs. profit $0.20 year earlier. Oct 15- Bank of America Corp said on Wednesday that it has moved past the worst of its legal settlements linked to the financial crisis, after its latest big legal charge brought the bank's common shareholders a net loss for the third quarter. In the most recent settlement, the bank paid $16.65 billion to resolve...

  • WASHINGTON, Oct 15- The U.S. Supreme Court on Wednesday appeared closely divided as it weighed Teva Pharmaceutical Industries Ltd's high-profile fight with generic drug manufacturers over patent protections for Copaxone, its top-selling multiple sclerosis drug. The $4- billion- a-year drug accounts for 50 percent of Teva profits, and the patent fight is one...

  • Supreme Court weighs generic drug dispute Wednesday, 15 Oct 2014 | 11:36 AM ET

    WASHINGTON— The U.S. Supreme Court seems divided as it considers a high-stakes patent dispute between rival pharmaceutical companies over the world's best-selling multiple sclerosis treatment. Justices heard arguments Wednesday in a case that threatens to cut into the profits of Israel- based Teva Pharmaceutical Industries Ltd., which sells $4 billion...

  • SUPREME COURT JUSTICES APPEAR CLOSELY DIVIDED IN HIGH-PROFILE PATENT FIGHT OVER TEVA'S TOP-SELLING COPAXONE DRUG.

  • Bank of America earnings slump on legal settlement Wednesday, 15 Oct 2014 | 7:15 AM ET

    NEW YORK— Bank of America, the second-largest U.S. bank by assets, said Wednesday that its earnings slumped in the third quarter after it agreed to a settlement with the government over its sale of mortgage-backed securities. Bank of America took a $5.3 billion charge in the third quarter to help cover the settlement with the Justice Department.

  • EU watchdog says bankers' allowances breach bonus rule Wednesday, 15 Oct 2014 | 7:02 AM ET

    The bulk of a new type of allowance paid to bankers are in breach of the European Union's bonus cap.

  • *Up a few thousand bankers affected, largely in London. LONDON, Oct 15- The bulk of a new type of allowance paid to bankers are in breach of the European Union's bonus cap and must be changed by the end of the year, the EU banking watchdog said on Wednesday, raising the prospect that banks will have to bump up basic pay or risk losing top staff. Wednesday's ruling from the...

  • SAN FRANCISCO, Oct 14- Employees suing Apple, Google and two other tech companies over hiring practices said an appeals court should not approve a $324.5 million settlement in the case, according to a court filing on Tuesday. Plaintiff workers accused Apple, Google, Intel and Adobe in a 2011 lawsuit of conspiring to avoid poaching each other's employees.

  • SAN FRANCISCO, Oct 14- Employees suing Apple, Google and two other tech companies over hiring practices said an appeals court should not approve a $324.5 million settlement in the case, according to a court filing on Tuesday. Plaintiff workers accused Apple, Google, Intel and Adobe in a 2011 lawsuit of conspiring to avoid poaching each other's employees.

  • DETROIT, Oct 14- A settlement with Financial Guaranty Insurance Co, the last major holdout creditor in Detroit's historic bankruptcy case, is close and could be announced on Thursday, attorneys said on Tuesday. Detroit's attorney, Thomas Cullen at law firm Jones Day, told U.S. FGIC, which has $1.1 billion on the line from insuring Detroit pension debt, is facing the...

  • WASHINGTON, Oct 14- In a victory for animal rights activists, the U.S. Supreme Court on Tuesday allowed California to continue to ban foie gras, a delicacy produced from the enlarged livers of ducks and geese that have been force-fed corn. In doing so, the high court left intact an August 2013 ruling by the 9th U.S. Circuit Court of Appeals upholding the law.

  • WASHINGTON, Oct 14- The U.S. Supreme Court may have bitten off more than it can chew in a North Carolina case about whether the state dental board has the authority to regulate teeth-whitening services, with the justices appearing unsure how to rule. The legal battle was prompted by the U.S. Federal Trade Commission, which decided that the North Carolina State...

  • Supreme Court rejects appeal over Justice memo Tuesday, 14 Oct 2014 | 9:43 AM ET

    WASHINGTON— The Supreme Court won't hear an appeal from a civil liberties group that wants to make public an internal Justice Department memo that allows the FBI to informally obtain phone records. The justices on Tuesday let stand an appeals court ruling that said the Justice Department could refuse to release the 2010 memo under an exception to the Freedom...

  • Supreme Court won't touch foie gras ban Tuesday, 14 Oct 2014 | 9:41 AM ET

    WASHINGTON— The Supreme Court is allowing California to continue enforcing a law that bans the sale of foie gras. The California law bars state farmers from force-feeding birds with a tube, the way foie gras is made. The law also bans the sale of foie gras in California.

  • No vote on Illinois fracking rules until November Tuesday, 14 Oct 2014 | 9:30 AM ET

    The Joint Committee on Administrative Rules has the last word on whether the rules for hydraulic fracturing, or "fracking," can take effect. The rules were drafted by the Department of Natural Resources to implement a new state law allowing fracking. Under questioning Tuesday, Department of Natural Resources Director Marc Miller told the panel that was a...

  • Giffords begins 9-state tour on women, guns Tuesday, 14 Oct 2014 | 2:17 AM ET

    Gabby Giffords on Tuesday urged women in Maine to help prevent stalkers and abusers from getting guns, part of a nine-state tour to advocate for tougher laws she says can protect domestic violence victims. The former Arizona congresswoman, who was severely wounded in a 2011 shooting in Tucson that killed six people, told law enforcement officials, domestic...