Law Legislation

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  • President Barack Obama on Thursday called the Supreme Court's decision to delay implementation of his administration's Clean Power Plan "unusual" and expressed confidence that the White House would prevail. Obama said the Supreme Court had in fact required the Environmental Protection Agency to regulate carbon emissions under the Clean Air Act if they...

  • President Barack Obama will sign into law a bill that will strengthen trade enforcement rules and provide new tools to address currency manipulation, the White House said on Thursday.

  • NEW YORK, Feb 11- Goldman Sachs Group Inc has reached a $27.5 million settlement of a class-action lawsuit accusing it of defrauding investors in subprime mortgage debt that some U.S. senators blamed for helping cause the 2008 financial crisis. It resolves claims by the Dodona I LLC hedge fund and other investors that Goldman structured the Hudson Mezzanine...

  • The island's top adviser, Jim Millstein, and one of its key creditors, Nader Tavakoli, chief executive officer of Ambac Financial, traded barbs during a panel on Puerto Rico's financial future. Puerto Rico, currently, cannot use U.S. bankruptcy law to work out its debt problems, but it is lobbying federal lawmakers for access to it or something similar.

  • NEW YORK, Feb 11- Goldman Sachs Group Inc has reached a $27.5 million settlement of a class-action lawsuit accusing it of defrauding investors in subprime mortgage offerings that some U.S. senators faulted after investigating causes of the 2008 financial crisis. The preliminary settlement was filed on Thursday in Manhattan federal court, and requires a...

  • WASHINGTON, Feb 11- The U.S. Senate on Thursday passed legislation placing a permanent ban on states' taxing Internet access, sending the measure to President Barack Obama for signing into law. By a vote of 75-20, the Senate gave final approval to a bill toughening enforcement of U.S. duties on foreign goods, which contains the permanent extension of the "Internet...

  • NEW YORK, Feb 11- Republican U.S. presidential candidate Donald Trump said on Thursday he has settled a $500 million lawsuit against Spanish-language television network Univision Communications Inc over its decision not to broadcast the Miss Universe and Miss USA pageants. Terms of the settlement were not disclosed. Trump, a billionaire real estate mogul...

  • STORRS, Conn.— The standard textbook for Fundamentals of General Chemistry I at the University of Connecticut has a list price of $303. For students who use the version professor Edward Neth is preparing for the fall semester, the cost will be zero. The movement has made rapid gains over the past year, often driven by students, such as UConn activists who sparked a...

  • BALTIMORE— A lawyer representing three former employees of celebrity chef Bryan Voltaggio says they're settling their federal lawsuit alleging wage violations. Baltimore attorney Benjamin Davis declined to discuss terms of the settlement revealed in a U.S. District Court document Thursday. The former line cooks filed the lawsuit in September,...

  • PROVIDENCE, R.I.— Medical marijuana advocates are opposing an annual $350- per-plant fee that Democratic Gov. Gina Raimondo wants to impose on some growers as part of her budget plan. Patients who grow marijuana for themselves would pay a $150 annual fee for each plant, while registered caregivers and cultivators who grow it for multiple patients would pay $350...

  • PARIS— Two top Uber executives appeared Thursday in court in charges that could send them to prison and offer the ride-hailing company one of its most serious legal challenges to date in France. But it continues to operate in France despite repeated strikes and sometimes violent tensions with taxi drivers, and is not outlawed entirely as it is in Spain and Italy.

  • Committee chairman Paul Murphy, a Labour member of the House of Lords, said the bill had many positive features, but the government "has a significant amount of further work to do before Parliament can be confident that the provisions have been fully thought through." Earlier this week another group of lawmakers, the Intelligence and Security Committee, said the...

  • Congress gives final OK to banning local Internet taxes Thursday, 11 Feb 2016 | 3:40 AM ET

    WASHINGTON— Congress voted Thursday to permanently bar state and local governments from taxing access to the Internet, as lawmakers leapt at an election-year chance to demonstrate their opposition to imposing levies on online service. The White House said President Barack Obama will sign it. Since 1998 in the Internet's early days, Congress has passed a...

  • WASHINGTON, Feb 10- The White House vowed Wednesday that the United States would still meet international commitments to cut carbon emissions, seeking to allay concerns that the Supreme Court might take away one of its main weapons against climate change. And White House spokesman Eric Schultz said the administration has an array of tools available to reduce...

  • WASHINGTON, Feb 10- The U.S. power sector's shift toward burning less coal and using more natural gas and renewable energy will not be derailed by the Supreme Court ruling against the Obama administration's limits on carbon emissions, state regulators and utilities said on Wednesday. The U.S. Supreme Court decided 5-4 on Tuesday to block the Environmental...

  • The challengers say the EPA has no authority under the 1970 Clean Air Act to expand its regulation of power plants outside the facilities themselves. Jeff Holmstead, a lawyer representing the coal industry in the legal challenge, said that the provision of the Clean Air Act the EPA is focusing on has only been used previously to set air pollution standards for...

  • WASHINGTON, Feb 10- The White House said on Wednesday it opposes a bill from the U.S. House of Representatives that it said would undercut regulations aimed at requiring fast food and chain restaurants to disclose the calories in food they sell. But the White House stopped short of issuing a formal veto threat for the bill, which it said "would undercut the...

  • WASHINGTON, Feb 10- The U.S. Senate voted overwhelmingly on Wednesday for legislation broadening sanctions on North Korea over its nuclear program, human rights record and cyber activities, as U.S. lawmakers sought to crack down on Pyongyang for its nuclear tests. As voting continued, the vote for the "North Korea Sanctions and Policy Enhancement Act" was 93-0....

  • U.S. SENATE OVERWHELMINGLY PASSES LEGISLATION TO BROADEN SANCTIONS ON NORTH KOREA, HOPING TO SPUR INTERNATIONAL RESPONSE TO NUCLEAR TESTS.

  • NEW YORK, Feb 10- The American Fuel& Petrochemical Manufacturers said on Wednesday it has filed a lawsuit challenging the U.S. environment regulator's biofuels policy, the latest industry body to join a legal battle over the controversial program. The organization, which represents oil companies, said the petition to the U.S. Court of Appeals is targeting the...