×

Law Legislation

  • LONDON, March 22- The UK's markets regulator did not wrongfully identify a former JPMorgan executive in a landmark case over what details it can publish when it fines banks for breaching rules, the Supreme Court ruled on Wednesday. The ruling will set a precedent for seven similar cases in which traders say they were criticized in Financial Conduct Authority...

  • Even if Congress does look to rewrite the 2010 Dodd-Frank law, it is unlikely to muster enough votes in the Senate for the strong across-the-board overhaul industry leaders had hoped for, roughly a half dozen lobbyists told Reuters in recent interviews. But they see short-term hopes for less stringent oversight by agencies like the Federal Reserve or the...

  • WASHINGTON, March 22- R. Alexander Acosta, tapped by President Donald Trump to head the U.S. Labor Department, will appear before a Senate panel on Wednesday morning for an initial hearing on how he would lead the agency. He was then appointed U.S. attorney for the Southern District of Florida, where he went after high-profile defendants such as Jack Abramoff and UBS,...

  • The White House seemed to make progress after GOP opposition had snowballed a day before a showdown House roll call. The sessions came as leaders rummaged for votes on a roll call they can ill afford to lose without diminishing their clout for the rest of the GOP agenda. Most GOP opponents were conservatives asserting that the legislation demolishing former...

  • WASHINGTON— President Donald Trump's nominee to lead the Labor Department said Wednesday he won't allow potential political pressure from the administration to influence his hiring decisions and regrets he let that happen on his watch at the Justice Department. But Alexander Acosta, testifying before the Senate Health, Labor, Education and Pensions...

  • March 21- A U.S. Supreme Court ruling on Tuesday in a lawsuit over adult diapers will make it more difficult for companies accused of patent infringement to shoot down lawsuits because the plaintiffs waited too long to bring them. In a 7-1 decision, the justices said SCA Hygiene Products AB, based in Stockholm, did not unreasonably delay in filing a lawsuit...

  • Supreme Court nominee Neil Gorsuch said Tuesday he taught his law school students about inappropriate questions from prospective employers, contradicting a student who accused him of showing a lack of respect for working women during a classroom discussion about family planning and the workplace. Gorsuch's views were echoed to The Associated Press by...

  • SAN FRANCISCO— In a victory for television broadcasters, a federal appeals court has rejected legal arguments that sought to allow live TV on the internet. The 9th U.S. Circuit Court of Appeals said Tuesday that an internet television provider cannot avoid copyright law by claiming it's a cable company. The case pitted Fox and other TV broadcasters against...

  • MCCONNELL SAYS SENATE WILL REACH CONCLUSION IN HEALTHCARE NEXT WEEK BECAUSE IT PLANS TO CONSIDER TRUMP'S SUPREME COURT PICK THE WEEK AFTER THAT.

  • A major goal of the revisions, unveiled late Monday night, is to create more options for older adults dealing with high medical bills, whose costs in many cases would have gone up markedly under the previous GOP bill. Separately, the bill gives states the option of imposing work requirements for able-bodied older adults on Medicaid. Under the Obama-era law, about...

  • WASHINGTON, March 21- U.S. Supreme Court justices expressed support on Tuesday for Microsoft Corps bid to fend off class action claims by Xbox 360 owners who say the videogame console gouges discs because of a design defect. Microsoft told the court in oral arguments that the San Francisco- based 9th U.S. Circuit Court of Appeals' 2015 ruling allowing console...

  • *STOXX 600 ends down 0.5 percent as Trump worries weigh. MILAN, March 21- European shares ended lower on Tuesday, reversing earlier gains as jitters about U.S. "Concerns that Republicans don't have enough votes to pass the healthcare legislation hitting equities and driving the bid to the market as it will likely cause delay to tax legislation as well," said...

  • March 21- A stretch of North Dakota highway closed by months of protests against the Dakota Access pipeline was to re-open on Tuesday, law enforcement officials said, a day after the pipeline operator said oil could move through it soon. Traffic would be allowed on Highway 1806 from Fort Rice, south of Mandan in the state's southwest, to the Cannonball Bridge near...

  • WASHINGTON— The Supreme Court suggested Tuesday that it is sympathetic to Microsoft Corp. in a dispute with disgruntled owners of the Xbox 360 video-game system who sued saying the console has a design defect that scratches game discs. The justices heard arguments Tuesday in a case that involves the Xbox 360 owners' attempts to get class action status for...

  • Sununu will nominate Manchester- based attorney Gordon MacDonald on Wednesday to be the state's top prosecutor. "Gordon is widely respected across New Hampshire's legal community and has earned a sterling reputation for his legal talents and commitment to public service," Sununu said in a statement Tuesday. If confirmed by the Executive Council, MacDonald...

  • OMAHA, Neb.— The Gordmans bankruptcy has attracted two bidders who want to keep at least some of the company's 106 discount department stores operating. Former Gordmans CEO Jeff Gordman is leading one of the groups interested in the company's assets. But any sale of Gordmans' assets will have to be approved by the bankruptcy court, so it's not clear if the bidders...

  • WASHINGTON— The Supreme Court says a company that makes adult diapers did not wait too long to sue a rival for copying its patented design. The justices ruled 7-1 Tuesday that Sweden- based SCA Hygiene Products AB could take legal action against New York- based First Quality Baby Products LLC for violating patents on its adult incontinence products.

  • HELSINKI— A group of anti-corruption reporters who in 2014 exposed a criminal scheme to move large sums of money out of Russia say they've uncovered details about how the system worked, including the transfer of $21 billion through major banks. "Law enforcement agencies in Moldova, Latvia, Britain and Russia continue to investigate Laundromat, but attempts to...

  • WASHINGTON— Lawmakers questioning Supreme Court nominee Neil Gorsuch at his Senate confirmation are asking about something called "Chevron deference." But it is a legal concept Gorsuch has addressed as a judge on the 10th U.S. Circuit Court of Appeals in Denver since 2006.. The basic idea is that Congress writes laws that often aren't crystal clear.

  • Attorney Preet Bharara, whom President Donald Trump fired earlier this month, will join New York University's law school on April 1 as a distinguished scholar in residence, the school announced on Tuesday. In a statement provided by the school, Bharara said he was honored to join NYU, and welcomed the opportunity "to continue addressing the issues I so deeply care...