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  • VIENNA, July 28- Austria's highest court on Tuesday overturned a law that wiped out some junior debtholders in defunct lender Hypo Alpe Adria, raising chances they could get part of their money back. Passed last year, the law effectively cancelled 890 million euros of subordinated debt guaranteed by Hypo's home province of Carinthia, a move that drew howls of...

  • WASHINGTON— The federal Export-Import Bank expired June 30 when Congress failed to renew its charter. Five things to know about the Export-Import Bank and its future:. The House and Senate are in a standoff over the underlying highway measure, and the House's version of the highway bill does not include an Export-Import Bank provision.

  • ZURICH, July 28- UBS said its provisions to deal with future legal tussles and regulatory run-ins stood at 2.368 billion Swiss francs in June and revealed a widening U.S. probe into bond funds sold by the Swiss bank's Puerto Rico arm. The bank said it is responding to inquiries from the Securities and Exchange Commission and the Financial Industry Regulatory...

  • NEW YORK, July 27- Victims of apartheid in South Africa cannot pursue lawsuits seeking to hold Ford Motor Co and IBM Corp liable for conducting business that helped perpetuate the practice decades ago, a U.S. appeals court ruled on Monday. The 2nd U.S. Circuit Court of Appeals in New York said black South Africans did not show that Ford and International Business...

  • SAN FRANCISCO— A federal appeals court Monday dismissed a legal challenge to a California law banning the sale, distribution and possession of shark fins. The legislation does not conflict with a 19th century law that gives federal officials authority to manage shark fishing off the California coast or significantly interfere with interstate commerce, the...

  • NEW YORK, July 27- Victims of apartheid in South Africa cannot pursue lawsuits seeking to hold Ford Motor Co and IBM Corp liable for conducting business that helped perpetuate the practice decades ago, a federal appeals court ruled on Monday. The 2nd U.S. Circuit Court of Appeals in New York said black South Africans did not show that Ford and IBM engaged in enough...

  • BUCHAREST, Romania— Romania's center-left ruling party will recall Parliament from its summer recess to vote on a redrafted series of tax cuts after the president refused to pass the previous proposals into law. Acting chairman of the governing Social Democratic Party, Liviu Dragnea, said Monday that Parliament would debate and vote on the new measures on Aug...

  • House, Senate on collision course in highway debate Monday, 27 Jul 2015 | 3:26 AM ET

    "We're not taking up the Senate bill," the California Republican told reporters at the Capitol, adding that the Senate should instead take up the bill already passed by the House. "My best advice to the Senate is to get our highway bill moved forward," he said. Hours later, in a hectic late-night session, the Senate voted 64-29 to include the provision reviving the...

  • WASHINGTON, July 26- The U.S. Senate voted on Sunday to advance legislation that would revive the federal Export-Import Bank, whose charter expired on June 30 and was not renewed by Congress, with conservative Republicans pushing to shut down the bank for good. By a vote of 67-26, the Senate, in a rare Sunday session, limited debate on a measure that would...

  • WASHINGTON, July 26- The U.S. Senate voted on Sunday to advance legislation that would revive the federal Export-Import Bank, whose charter expired on June 30 and was not renewed by Congress, with conservative Republicans pushing to shut down the bank for good. By a vote of 67-26, the Senate, in a rare Sunday session, limited debate on a measure that would...

  • Trump gets polling boost in early 2016 states Sunday, 26 Jul 2015 | 2:00 PM ET
    Republican presidential candidate Donald Trump talks to reporters as he arrives in Laredo, Texas July 23, 2015.

    Donald Trump is running strong in the early nominating states of Iowa and New Hampshire, according to two NBC News-Marist polls.

  • WASHINGTON— State-run health insurance markets that offer coverage under President Barack Obama's health law are struggling with high costs and disappointing enrollment. Hawaii's marketplace, the latest cautionary tale, was awarded $205 million in federal startup grants. Twelve states and the District of Columbia fully control their markets.

  • Ted Cruz for harshly criticizing Majority Leader Mitch McConnell, an extraordinary display of intraparty division played out live on the Senate floor. The drama came as the Senate defeated a procedural vote to repeal President Barack Obama's health care law and took a step toward reviving the federal Export-Import Bank, both amendments on a must-pass...

  • NEW YORK— Five days before he was to start college, Fred Maahs' world turned upside down. Off the Delaware coast in 1980, on the last day of summer vacation, the 18- year-old took a dive from his family's boat into an unseen sandbar barely a foot below the surface, sustaining injuries that paralyzed him from the chest down. Some 2,000 people with disabilities— elated...

  • Anthem Inc.' s purchase of Cigna Corp. and Aetna Inc.' s acquisition of Humana Inc., both announced this month, are worth more than $80 billion combined. Many of the purchases have been designed to bulk up their Medicaid and Medicare Advantage businesses because both of those programs keep growing. If all of the recent deals go through, Anthem, Aetna and...

  • HARTFORD, Conn.— Momentum is building for a $15- an-hour minimum wage in Connecticut, at least for some workers, given the formation of a new low-wage worker advisory panel and this week's recommendation to raise pay for fast-food workers in neighboring New York, according to some state lawmakers and activists. The co-chairmen of the General Assembly's Labor and...

  • CHICAGO, July 24- A law aimed at shoring up two of Chicago's financially shaky public worker retirement systems violates pension protections in the Illinois constitution, a judge ruled on Friday. Pension payments are devouring bigger chunks of budgets for Illinois and Chicago and both face crippling spending cuts or big tax increases if those payments are...

  • NEW YORK, July 24- A federal appeals court on Friday revived a shareholder lawsuit accusing Keurig Green Mountain Inc of misleading shareholders about its business prospects. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge erred in dismissing the lawsuit, which accused the company, once known as Green Mountain Coffee Roasters, of...

  • CURITIBA, Brazil, July 24- Brazilian prosecutors will present formal charges on Friday against the chief executive of Latin America's largest engineering firm and other senior executives detained last month in a landmark investigation meant to show the country's elite are not above the law. Marcelo Odebrecht, the third-generation chief executive of the...

  • CHICAGO— A Cook County judge on Friday threw out a 2014 law aimed at reducing multibillion-dollar shortfalls in two Chicago pension funds, a decision city officials have said could leave the retirement accounts insolvent in a little more than a decade or lead to massive tax increases. "While we are disappointed by the trial court's ruling, we have always...