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Supreme Court (U.S.)

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  • TV streaming provider Aereo files for bankruptcy Friday, 21 Nov 2014 | 6:29 AM ET

    Nov 21- Television streaming service Aereo Inc filed for bankruptcy protection after a U.S. Supreme Court ruling in June found that the company's business model violated copyright laws. Aereo, in which Barry Diller's IAC/InterActiveCorp has a 23.30 percent stake, filed for Chapter 11 protection to preserve the value of its estate, according to a court filing...

  • WASHINGTON, Nov 17- The U.S. Supreme Court agreed on Monday to hear two cases brought by Bank of America Corp questioning whether a second mortgage on an "underwater" house- one with a mortgage balance exceeding its current value- can be voided during bankruptcy. Bank of America, which is the second mortgage holder in both cases, said in court papers that the approach...

  • WASHINGTON, Nov 17- The U.S. Supreme Court on Monday declined to hear Dean Foods Co's appeal over claims the business conspired to restrict competition for bottled milk in the southeastern United States, forcing the company to face an antitrust suit over the matter. The high court's refusal to intervene means a January ruling by the Cincinnati- based U.S. 6th...

  • Court denies plastics exec's appeal of SEC fines Monday, 17 Nov 2014 | 10:15 AM ET

    WASHINGTON— The Supreme Court won't hear an appeal from a New Jersey plastics industry executive who was ordered to pay $49.5 million for lying about his ownership of a music retailer's stock. The justices on Monday let stand a lower court ruling that ordered Alfred S. Teo to pay $17.4 million in disgorgement— repayment of unlawful gains— plus $14.6 million in...

  • The decision Friday by the U.S. Court of Appeals for the Federal Circuit invalidating the patent owned by Ultramercial LLC confirmed the reach of a recent U.S. Supreme Court ruling that has placed a cloud over the soundness of many software patents. CLS Bank, the Supreme Court ruled that a basic idea- not normally eligible for a patent- does not become...

  • LONDON, Nov 11- The London Metal Exchange has finally unveiled a barrage of proposed measures aimed at repairing its dysfunctional warehousing system. It's been a long time coming. Although a British Court of Appeals ruling went in the LME's favour, Rusal is fighting on with an attempt to take its case to the Supreme Court.

  • WASHINGTON, Nov 10- The U.S. Supreme Court on Monday left intact California hedge fund manager Douglas Whitman's conviction for insider trading relating to two trading schemes from 2006 to 2009.. Prosecutors said one scheme led to more than $900,000 of illegal profit from trading the shares of Google Inc and video-conferencing company Polycom Inc, and the...

  • WASHINGTON, Nov 4- The U.S. Supreme Court on Tuesday appeared conflicted on how to decide which process struggling homeowners need to follow if they want to back out of mortgages from lenders they accuse of failing to follow a federal "truth in lending" law. The nine justices are weighing an appeal filed by an Eagan, Minnesota couple, Larry and Cheryle Jesinoski, over...

  • TALLAHASSEE, Fla., Nov 3- Florida's water war against Georgia advanced as the U.S. Supreme Court agreed on Monday to hear an interstate dispute on whether Atlanta's suburbs are sucking dry the river flow that feeds the oyster beds and fisheries of the northern Gulf Coast. Georgia had sought to dismiss the suit, filed last October by Florida Governor Rick Scott, that...

  • WASHINGTON, Nov 3- U.S. Supreme Court justices raised doubts on Monday about an appeals court ruling that revived securities class-action claims against Omnicare Inc over whether the top U.S. provider of pharmacy services to the elderly misled investors prior to a public stock offering. Several justices appeared to agree that the May 2013 ruling by the...

  • Oct 29- Comcast Corp has reached a $50 million settlement in a decade-old lawsuit accusing it of overcharging cable television subscribers, 1-1/ 2 years after the U.S. Supreme Court threw out a larger version of the class-action case. The preliminary settlement, which requires court approval, calls for Comcast to pay $16.67 million in cash to current and former...

  • 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...

  • Obamacare & affordability—not all that connected Tuesday, 14 Oct 2014 | 3:00 PM ET
    President Barack Obama

    When courts hear arguments about the affordability of Obamacare, they should understand the reality, says health-insurance broker Tom Haynes.

  • 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...

  • 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...

  • Court: Pay workers to make sure they're not stealing? Wednesday, 8 Oct 2014 | 7:25 AM ET

    The Supreme Court is hearing arguments in a suit filed by Amazon workers who claim they should be compensated for time spent in security screenings.

  • 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...

  • 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.

  • NEW YORK, Oct 6- 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 their regular shifts. Employees of Integrity Staffing Solutions, an Amazon.com Inc contractor handling merchandise shipped...