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Supreme Court (U.S.)

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  • WASHINGTON, March 30- The U.S. Supreme Court on Monday sent a securities class action case against Dutch bank ING Groep NV and others back to a lower court to reconsider in light of the justices' ruling last week in a case involving pharmacy services company Omnicare. The high court threw out a November 2013 decision by the New York- based 2nd U.S. Circuit Court of...

  • WASHINGTON, March 30- The U.S. Supreme Court on Monday declined to hear a new challenge to President Barack Obama's healthcare law that took aim at a bureaucratic board labeled by some Republicans as a "death panel" because it was designed to cut Medicare costs. The high court left intact a ruling by the San Francisco- based 9th U.S. Circuit Court of Appeals that threw...

  • Contact lens makers, discounters locked in battle Friday, 27 Mar 2015 | 12:57 PM ET
    Box of contact lenses

    Major contact lens manufacturers have enacted pricing policies that limit what contact lens discounters can charge, reports The NYT.

  • WASHINGTON, March 25- The U.S. Supreme Court appeared closely divided on Wednesday as it weighed whether the Obama administration had to consider costs before deciding whether to regulate emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. Justice Anthony Kennedy could be a possible swing vote on the nine-justice...

  • WASHINGTON, March 24- The latest legal test of President Barack Obama's environmental agenda reaches the U.S. Supreme Court on Wednesday as the justices consider a challenge to a regulation intended to limit emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. The nine justices are due to hear a 90- minute oral argument on...

  • WASHINGTON, March 24- The latest legal test of President Barack Obama's environmental agenda reaches the U.S. Supreme Court on Wednesday as the justices consider a challenge to a regulation intended to limit emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. It is being targeted by Michigan and 20 other states in...

  • WASHINGTON, March 24- The U.S. Supreme Court on Tuesday handed a narrow victory to Omnicare Inc by ruling that just because the pharmacy services company made comments ahead of a public stock offering that investors say turned out to be untrue didn't mean it was lying. On a 9-0 vote, justices threw out an appeals court ruling that had revived securities class...

  • March 23- The U.S. Supreme Court on Monday declined to revive a lawsuit by singer-songwriter Todd Rundgren and his wife Michele accusing JPMorgan Chase of wrongfully attempting to foreclose on the couple's Kilauea, Hawaii home. JPMorgan spokesman Jason Lobo declined comment. The Rundgrens' dispute stems from a $3 million refinancing loan the couple arranged...

  • WASHINGTON, March 23- The U.S. Supreme Court on Monday agreed to hear an appeal filed by DirecTV Inc concerning the satellite television provider's efforts to enforce arbitration agreements its customers in California have signed. The litigation dates back to 2008 when Amy Imburgia and Kathy Grenier filed class action lawsuits saying that DirecTV had...

  • Wikipedia feels 'targeted' by U.S. NSA, co-founder says Wednesday, 11 Mar 2015 | 1:20 PM ET

    EDINBURGH, March 11- The Wikimedia Foundation believes it can win its case against the U.S. National Security Agency because it has evidence that mass surveillance had caused it harm, Wikipedia co-founder Jimmy Wales said on Wednesday. Wales also said he thought the lawsuit, brought Tuesday by Wikimedia and rights groups, would end up in the U.S. Supreme Court...

  • Supreme Court sets back Obamacare on contraception Monday, 9 Mar 2015 | 10:06 AM ET
    Activists with opposing views about contraceptive health care mix outside the Supreme Court March 25, 2014 in Washington, DC.

    The U.S. Supreme Court has thrown out an appeals court decision on Obamacare's contraception mandate that had favored the White House.

  • IRS to the rescue for Obamacare? Maybe soon Friday, 6 Mar 2015 | 4:26 PM ET
    The Internal Revenue Service building in Washington.

    The IRS can, and likely, will continue subsidies for HealthCare.gov customers temporarily if the Supreme Court says they're illegal, a tax expert says.

  • Rainbow flag at Pride Parade

    Corporate giants are pressing the high court to overturn bans on same-sex marriage,according to USA Today

  • Investors may pursue U.S. lawsuit over Stanford fraud Thursday, 5 Mar 2015 | 11:23 AM ET

    *U.S. Supreme Court allowed lawsuit to go forward. District Judge David Godbey in Dallas said on Wednesday the roughly 18,000 investors could pursue claims that Chadbourne& Parke and Proskauer Rose knew Stanford was selling fraudulent high-yielding certificates of deposit through his Antigua- based Stanford International Bank, and helped him obstruct a...

  • NEW YORK, March 4- U.S. hospital executives said on Wednesday they were optimistic they will avoid the toughest consequences of a Supreme Court decision on whether millions of Americans can continue to purchase subsidized health benefits under Obamacare. "I am hopeful that the court will recognize and uphold the intent of Congress, which was to expand coverage...

  • Tough questions for Obamacare subsidy challengers Wednesday, 4 Mar 2015 | 4:07 PM ET
    Supporters of the Affordable Care Act gather in front of the U.S Supreme Court during a rally March 4, 2015 in Washington.

    Supreme Court justices asked some pointed questions for the lawyer whose clients want to undo billions of dollars of aid for HealthCare.gov customers.

  • WASHINGTON, March 4- The U.S. Supreme Court appeared sharply divided on ideological lines on Wednesday as it tackled a second major challenge to President Barack Obama's healthcare law, with Justice Anthony Kennedy emerging as a likely swing vote in a ruling. Conservatives Antonin Scalia and Samuel Alito asked questions sympathetic to the challengers.

  • Ruling could kill Obamacare   Wednesday, 4 Mar 2015 | 1:18 PM ET
    Ruling could kill Obamacare

    The Supreme Court is hearing arguments in the health care case King v. Burwell over the Affordable Care Act's tax credits, with CNBC's Hampton Pearson.

  • Health insurers on the move   Wednesday, 4 Mar 2015 | 11:54 AM ET
    Health insurers on the move

    The Supreme Court is hearing arguments in the health care case King v. Burwell. Insight to Justice Kennedy's remarks, and health care stocks on the move, with CNBC's Hampton Pearson.

  • Fierce challenges in King v. Burwell   Wednesday, 4 Mar 2015 | 11:52 AM ET
    Fierce challenges in King v. Burwell

    The Supreme Court is hearing arguments in the health care case King v. Burwell over whether the Affordable Care Act should allow the IRS to provide tax credits to individuals who purchase health insurance on a Federal exchange.