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Law Legislation

  • WASHINGTON— President Donald Trump is proposing tax cuts for individuals and businesses even as Washington struggles with mounting debt and the populist president tries to make good on promises to bring jobs and prosperity to the middle class. White House officials already said the top corporate tax rate would be reduced from 35 percent to 15 percent.

  • WASHINGTON, April 26- Lawmakers in the U.S. House of Representatives will debate legislation on Wednesday to breathe life into the stalled Yucca Mountain spent nuclear fuel dump in Nevada, but critics say the project is hindered by the lack of an easy transport route. Representative John Shimkus has proposed draft legislation to restart the licensing of Yucca...

  • President Donald Trump will not agree to a Democratic demand that subsidies for Obamacare be included in a must-pass spending bill in Congress, White House budget director Mick Mulvaney said on Tuesday. Asked in an interview on CNN if Trump would back putting the Obamacare payments in the legislation to the keep the government open past Friday, Mulvaney said: "...

  • SAN FRANCISCO, April 25- A U.S. judge on Tuesday blocked President Donald Trump's executive order that sought to withhold federal funds from so-called sanctuary cities, dealing another legal blow to the administration's efforts to toughen immigration enforcement. District Judge William Orrick III in San Francisco said Trump's Jan. 25 order targeted broad...

  • SAN FRANCISCO, April 25- A U.S. judge on Tuesday blocked President Donald Trump's executive order that sought to withhold federal funds from so-called sanctuary cities, dealing another legal blow to the administration's efforts to toughen immigration enforcement. District Judge William Orrick III in San Francisco said Trump's Jan. 25 order targeted broad...

  • Lawmakers voted 105-84 in favor of the wholesale divestment proposal, sending it with other proposals to the Senate for its consideration. Joe Markosek, a Democrat from Allegheny County, said the change would help businesses at the expense of taxpayers, as state stores would have to compete with groceries that can focus on just the most popular varieties.

  • Connecticut, Massachusetts and Iowa are among the states where bills have been proposed to replace the bottle deposits with a tax. "This is the most effective, proven way that we have to guarantee that these containers do not end up on our streets and do not end up on our beaches and open spaces as litter," said Louis Burch, the Connecticut program director for...

  • Hunter's bill, which was reviewed by Reuters, would exempt vaping devices from many of those rules, including a requirement that new products be reviewed and authorized by the FDA before being sold. The bill adds momentum to a series of legal and legislative efforts by tobacco and vaping companies to derail the FDA rule, though it is unclear how much support it...

  • WASHINGTON, April 25- The U.S. Supreme Court on Tuesday appeared poised to clamp down on where corporations can be sued, a potential setback for plaintiffs' lawyers who strive to bring cases in courts and locales they consider friendly. Conservative Justice Anthony Kennedy expressed skepticism over California handling matters for residents of all other...

  • LANSING, Mich.— Michigan State Police pilot Jerry King was flying his state plane back to the Lansing airport after a mission when he saw a green pulsing light in the night sky. Michigan is poised to join a growing list of states enacting new laws to combat increasingly frequent laser attacks and put those responsible in prison. The Michigan legislation was...

  • WASHINGTON— Emboldened by a business-friendly president, Republicans in Congress are moving to unwind the stricter regulations that took effect after the 2008 financial crisis and Great Recession. While passage by the GOP- controlled House could come in a few months, the Senate— where Republicans have only 52 of 100 seats— poses an obstacle.

  • NEW YORK, April 25- Hedge fund critics are becoming increasingly vocal about the $3 trillion industry, arguing that it produces mediocre returns for clients while enriching managers with exorbitant fees. But despite some image problems the industry is actually healthy, according to Simon Lorne, vice chairman and chief legal officer of Millennium Management...

  • Conservative Justice Anthony Kennedy expressed skepticism over California handling matters for residents of all other states. Liberal Justice Elena Kagan suggested Bristol-Myers did not want to face multiple trials in California specifically because of plaintiff-friendly juries or the possibility of punitive damages. "All of the above," the company's...

  • TEL AVIV, April 25- Teva Pharmaceutical Industries hopes to resume some production at its newly purchased Mexican plant in the coming months, but an overhaul needed to bring the factory up to speed will take a few years, the company said on Tuesday. Rimsa's previous owners, the Espinosa family, deny this, and the two sides are locked in a legal battle.

  • WASHINGTON— Congressional and White House negotiators made progress Tuesday on a must-pass spending bill to keep the federal government open days ahead of a deadline as President Donald Trump indicated that U.S. funding for a border wall with Mexico could wait until September. Trump's apparent flexibility on the U.S.- Mexico wall issue, however, seemed to...

  • WASHINGTON— Foreign governments that rely on the services of private criminal hackers leave their operations vulnerable to being exposed and disrupted, creating something of a "silver lining" for U.S. law enforcement investigations of cyberattacks, a top Justice Department official said Monday. Criminal hackers hired by nations are more likely to travel...

  • The wall is also unpopular with many Republicans, and GOP negotiators on Capitol Hill were uneasy about the clash over the wall potentially sparking a government shutdown. Congress must pass a $1 trillion catch-all spending bill to pay for all agencies of government by midnight Friday or trigger a partial shutdown the next day, which happens to coincide with...

  • NEW YORK, April 24- The nearly eight-year legal odyssey of former Goldman Sachs Group Inc programmer Sergey Aleynikov is not over, after New York State's highest court agreed to review his reinstated conviction for stealing high-frequency trading code. Aleynikov may appeal the conviction won by the office of Manhattan District Attorney Cyrus Vance because "...

  • WASHINGTON, April 24- A congressional vote on a Republican healthcare plan may not come for weeks as leaders in the House of Representatives and the Senate continue negotiations over possible proposals, the White House said on Monday. Any vote on healthcare legislation would be determined by Republican congressional leaders and when they have enough votes...

  • NEW YORK, April 24- The nearly eight-year legal odyssey of former Goldman Sachs Group Inc programmer Sergey Aleynikov is not over, after New York State's highest court agreed to review his reinstated conviction for stealing high-frequency trading code. the Court of Appeals said in an order dated April 20. The order came nearly three months after an...