Business John Roberts

  • Roberts sold more than $250,000 in Microsoft stock Thursday, 4 Feb 2016 | 3:12 AM ET

    WASHINGTON— The Supreme Court's recent decision to step into a relatively unimportant case involving Microsoft's Xbox 360 gaming system revealed that Chief Justice John Roberts has sold between $250,000 and $500,000 in Microsoft stock in the past year. Yet in the past few months, Alito has had to sit out a Supreme Court case and Breyer and Roberts...

  • WASHINGTON, Jan 26- A group of U.S. states led by coal producer West Virginia and oil producer Texas on Tuesday asked the U.S. Supreme Court to put a hold on President Barack Obama's plan to curb carbon dioxide emissions from power plants to combat climate change. Chief Justice John Roberts after an appeals court in Washington declined last week to block Obama's...

  • Jan 14- Michigan would tap its $575 million fiscal 2015 budget surplus to cover costs related to Flint's water crisis, a spokesman for the state's budget office said on Thursday. The financially strapped city was under the control of a state-appointed emergency manager when it switched its source of tap water to the nearby Flint River in April 2014 from...

  • Nestle fails in bid to quash child slavery suit Tuesday, 12 Jan 2016 | 5:14 AM ET
    Employees of a cocoa export company pile up sacks in a packaging factory in the Ivory Coast.

    The U.S. Supreme Court rejected a bid by Nestle and two other companies to throw out a lawsuit seeking to hold them liable for the use of child slaves.

  • WASHINGTON, Jan 11- The U.S. Supreme Court on Monday rejected a bid by Nestle SA, the world's largest food maker, and two other companies to throw out a lawsuit seeking to hold them liable for the use of child slaves to harvest cocoa in Ivory Coast. The high court left in place a December 2014 ruling by the San Francisco- based 9th U.S. Circuit Court of Appeals that refused...

  • WASHINGTON, Nov 10- U.S. Supreme Court justices expressed skepticism on Tuesday toward Tyson Foods Inc's challenge to an almost $5.8 million class action judgment in a case that could buck the court's recent pro-business trend in such disputes. Conservative Justice Anthony Kennedy, who often casts the deciding vote in close cases before the nine-member...

  • WASHINGTON, Nov 2- The U.S. Supreme Court on Monday appeared closely divided as it considered online people-search service Spokeo Inc's bid to avoid a class action lawsuit for including incorrect information in its database. The case gives the conservative-leaning Supreme Court another shot at limiting class action litigation as it has done in a series of...

  • *Morgan Stanley leads weak results on Monday. Oct 19- A swathe of weak quarterly results led by Morgan Stanley and a slide in commodity prices weighed on the Dow and S&P 500 indexes, while a rebound in healthcare and biotech stocks sent the Nasdaq composite higher. Morgan Stanley's shares fell as much as 6.9 percent to $31.60 after the bank's profit fell for the...

  • *Weight Watchers soars after Oprah takes stake. Oct 19- The Dow and S&P 500 indexes were lower on Monday after a slide in oil prices and a swathe of weak quarterly results led by Morgan Stanley but a recovery in healthcare and biotech stocks pushed the Nasdaq Composite up. The energy index fell 1.7 percent as Brent crude prices slid 2.5 percent to $49.22 per barrel on...

  • WASHINGTON, Oct 14- The U.S. Supreme Court on Wednesday appeared closely divided as it weighed a class action case in which advertising agency Campbell-Ewald Co is attempting to fend off a lawsuit over claims that it violated a federal consumer law by sending unsolicited text messages on behalf of the U.S. Navy. Next month, the court will hear two more class action...

  • WASHINGTON, Oct 14- Conservative U.S. Supreme Court justices on Wednesday expressed doubt about whether the Obama administration had the authority to issue a regulation aimed at encouraging efficiency in the electricity market by having electrical grid operators pay users to reduce consumption at peak times. The court heard oral arguments in an appeal...

  • WASHINGTON, Oct 14- Conservative U.S. Supreme Court justices on Wednesday expressed doubt about whether the Obama administration had the authority to issue a regulation aimed at encouraging efficiency in the electricity market by having electrical grid operators pay users to reduce consumption at peak times. The court heard oral arguments in an appeal...

  • Dow Chemical to cut $1B in costs over 3 years Wednesday, 22 Oct 2014 | 1:16 PM ET

    Dow Chemical said it was looking to cut fixed costs by $1 billion over the next three years, building on reductions that have helped boost margins.

  • The biggest debate on Wall Street heats up again Friday, 22 Aug 2014 | 12:35 PM ET
    Robert Shiller

    Are the markets "efficient"? The future of investing depends on the answer.

  • Cops need a warrant to search your phone: Court Wednesday, 25 Jun 2014 | 11:00 AM ET

    Police may not generally search the cellphones of people they arrest without getting search warrants, the Supreme Court ruled Wednesday.

  • WHY IT MATTERS: 1 new justice could change a lot Tuesday, 23 Oct 2012 | 1:01 PM ET

    With four justices in their seventies, odds are good that whoever is elected president in November will have a chance to fill at least one Supreme Court seat.

  • High court questions Texas affirmative action plan Wednesday, 10 Oct 2012 | 1:54 PM ET

    WASHINGTON-- Supreme Court justices sharply questioned the University of Texas' use of race in college admissions Wednesday in a case that could lead to new limits on affirmative action. Justice Anthony Kennedy, whose vote could be decisive, looked skeptically on Texas' defense of the program. "

  • U.S. Supreme Court weighs federally created floods Wednesday, 3 Oct 2012 | 2:25 PM ET

    *Case pits Arkansas commission against U.S. Army Corps. WASHINGTON, Oct 3- The U.S. Supreme Court heard oral arguments on Wednesday in a case about the degree to which the federal government must pay damages when it releases water from a dam that causes temporary flooding for a property owner downstream.

  • WASHINGTON, Oct 2- The U.S. Supreme Court on Tuesday considered whether the federal government could be liable for money damages by printing confidential credit card information on a customer's receipt, increasing the risk of identity theft.

  • Justices open big term with new human rights case Monday, 1 Oct 2012 | 3:44 PM ET

    WASHINGTON-- The Supreme Court plunged into its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities. Cases involving some of the most emotional issues in American life are likely to be decided after voters choose a president and new Congress next month.