The 2nd U.S. Circuit Court of Appeals in New York directed two lower court judges on Wednesday to reexamine whether they had the authority to force compliance with court orders freezing accounts in China in light of a U.S. Supreme Court decision limiting federal court jurisdiction over foreign corporations.» Read More
Historic anti-smoking legislation sped to final congressional passage on Friday— after a bitter fight lasting nearly a half-century— and lawmakers and the White House quickly declared it would save the lives of thousands of smokers of all ages.
The Senate has voted to give the government extensive new powers to decide how tobacco companies will make and market their products. Supporters say that could spare millions from smoking addiction and premature death.
Chrysler and Italy's Fiat urged the US Supreme Court late Tuesday to move quickly on Chrysler's proposed sale to Fiat, saying their government-brokered deal could still unravel if it doesn't close by a June 15 deadline.
Chrysler headed back to bankruptcy court Tuesday to get a judge to approve the termination of 789 dealer franchises, while Chrysler's plan to become a stronger automaker partnered with Italy's Fiat awaits action by the nation's highest court.
With the Supreme Court on the cusp of deciding whether to approve or block the sale of Chrysler, the restructuring of GM's board of directors is a story that may be overlooked. That would be a mistake. The new GM board faces one of the largest challenges ever in American business.
No matter the media outlet, it's been nigh on impossible to miss the selection of Sonia Sotomayor as President Obama's nominee to replace Justice David Souter on the Supreme Court. One angle that hasn't been entirely explored, however, is that Obama essentially conducted the hiring process in the full glare of the public eye.
Following President Barack Obama's nomination of New York Appeals Court Judge Sonia Sotomayor to the Supreme Court, CNBC went to the experts for their opinons on the decision.
Here's some background on Sonia Sotomayor, who President Barack Obama chose to succeed Justice David Souter on the Supreme Court Tuesday, and her view of business issues: right/CNBC/Sections/News_And_Analysis/__Story_Inserts/graphics/__GOVERNMENT/supreme_court_building.jpg120015000righttruehttp://msnbcmedia.msn.comAP ASCOTUS ROBERTSWASHINGTONDCUSA632638944000000000false1DCMC105Pfalsefalsefalsefalse
The Supreme Court heard arguments on Tuesday in a case that could change the way big banks are regulated.
If you are divorced, remarried or have children from a previous relationship, make sure you have updated the beneficiary designation for your retirement plan at work.
Amidst the public outcry over compensation for AIG employees, some key facts have been obscured or overlooked. And the perspective of employees, including the AIG employees, seems to be missing from the discussion.
Under the stewardship of Chief Justice John Roberts, whose own background is largely in appellate litigation on behalf of corporate interests, business cases are a “growth area” of the Court’s docket.
The U.S. Supreme Court said Monday that it would hear a Philip Morris USA appeal seeking to overturn a $79.5 million punitive damages award won by the widow of a longtime Oregon smoker.
Major League Baseball and the players association struck out on Monday when the U.S. Supreme Court rejected their appeal of a ruling that sided with a company that uses player statistics for fantasy baseball.
A unanimous Supreme Court decision on Tuesday limited the ability of states to tax the income that companies with out-of-state headquarters earn from their investments in businesses in their home state.
The Supreme Court upheld a ruling that investors cannot sue third parties such as banks and accounts in cases of securities fraud.
The Supreme Court on Monday stepped into the long-running battle over the $2.5 billion in punitive damages owed by Exxon Mobil for the Exxon Valdez oil spill in 1989.
The Supreme Court rejected Monday an appeal by Microsoft and Best Buy of a ruling that reinstated a lawsuit by the electronics retailer's customers who claimed to have been improperly charged for Microsoft's MSN Internet service.
On Tuesday, the U.S. Supreme Court is hearing an case that some say may alter the landscape of investing. The outcome potentially could strengthen shareholder confidence -- or stifle investment markets.
The controversy over just what the U.S. Supreme Court's ruling on Leegin v. PSKS means is still fueling debate. Hedda Schupak, Editor-in-chief of Fine Jewelry publication JCK wrote in with her impression on just what the ruling will mean for high end retailers. She seems to think that price-flooring has been going on for a long time and that the new ruling won't change those practices that drastically.