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Law Legislation

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  • Court: Producers responsible for paying natural gas taxes Thursday, 20 Aug 2015 | 12:25 PM ET

    LOUISVILLE, Ky.— Natural gas producers in Kentucky shoulder all the responsibility for paying severance taxes on the fuel and cannot shift some of the tax burden to landowners, the state's Supreme Court said in a divided ruling Thursday. The ruling came in a dispute between an eastern Kentucky landowner and EQT Production Co., a natural gas producer.

  • Lumber Liquidators shares soar after analyst upgrade Thursday, 20 Aug 2015 | 11:14 AM ET

    NEW YORK— A Wall Street analyst says it's time to buy stock of troubled flooring retailer Lumber Liquidators, citing the company's recent hiring of an executive to manage its legal problems. Shares of Lumber Liquidators soared more than 13 percent Thursday. The company's stock has been falling since March when the CBS news program "60 Minutes" reported that...

  • WASHINGTON— Hundreds of U.S. government employees— including some with sensitive jobs in the White House, Congress and law enforcement agencies— used Internet connections in their federal offices to access and pay membership fees to the cheating website Ashley Madison, The Associated Press has learned. They included at least two assistant U.S. attorneys; an...

  • OLYMPIA, Wash.— A divided Washington Supreme Court ruled Thursday that a first-in-the nation initiative to raise the minimum wage to $15 an hour in the city of SeaTac should apply to thousands of workers at the airport. SeaTac was the first city in the nation to adopt a $15 minimum wage, but it only applies to transportation and hospitality workers.

  • BERLIN— An anti-corruption watchdog says only four of 41 countries that signed an anti-bribery convention 16 years ago are actively investigating and prosecuting companies that bribe foreign officials to win contracts, or dodge taxes and local laws. Transparency International, which annually assesses compliance with the OECD anti-bribery convention,...

  • Colorado rebrands anti-pot campaign for kids Thursday, 20 Aug 2015 | 4:03 AM ET

    Marijuana isn't evil, but teens aren't ready for it: That's the theme of a new effort by Colorado to educate youths about the newly legal drug. Colorado launched a rebranding effort Thursday that seeks to keep people under 21 away from pot. It's a second try for Colorado when it comes to keeping minors away from marijuana.

  • The Supreme Court rejected the appeal by Han Myung- sook, who was sentenced to two years for taking about $758,850 in kickbacks from a businessman in a 2013 ruling by the Seoul High Court, according to court officials and Han's office. Han, 71, served as South Korea's first female prime minister in 2006 and 2007 under former liberal President Roh Moo-hyun, who...

  • BRASILIA, Aug 19- Brazil's Senate approved a bill to roll back payroll tax breaks on Wednesday that is a key measure in President Dilma Rousseff's efforts to reduce a gaping fiscal deficit and restore confidence in her government's accounts. The Senate voted 45-27 to pass the bill. Rousseff has struggled to pass austerity measures through a rebellious...

  • Brazil Senate passes austerity bill in win for Rousseff Wednesday, 19 Aug 2015 | 8:52 PM ET

    BRASILIA, Aug 19- Brazil's Senate approved a bill to roll back payroll tax breaks on Wednesday that is a key measure in President Dilma Rousseff's efforts to reduce a gaping fiscal deficit and restore confidence in her government's accounts. The Senate voted 45-27 to pass the bill. The vote puts an end to months of heated debate over the final major piece of...

  • SAO PAULO, Aug 19- Brazil's state-run oil firm Petroleo Brasileiro SA said in a securities filing on Wednesday it was not in negotiation to pay a fine to settle criminal and civil investigations in the United States. The law firms report to Ellen Gracie Northfleet, former chief justice of Brazil's Supreme Court and Andreas Pohlmann. Gibson, Dunn& Crutcher LLP said...

  • Transportation Secretary Anthony Foxx told the Kansas aviation industry leaders during a forum in the Wichita suburb of Park City that his agency has received some 3,000 comments regarding proposed rules governing drone use. Foxx's comments come a week after the Federal Aviation Administration reported that drones had been spotted 650 times this year as...

  • Board moves up meeting to review green jobs measure Wednesday, 19 Aug 2015 | 5:59 PM ET

    SACRAMENTO, Calif.— A citizens board tasked with overseeing projects funded by a California ballot measure intended to generate clean-energy jobs will move up its first meeting to early September, Senate President Pro Tem Kevin de Leon said Wednesday. The Los Angeles Democrat's announcement came after The Associated Press reported Monday that the board has...

  • Aug 19- A federal appeals court on Wednesday refused to undo a central component of Tribune Co's bankruptcy plan in a defeat for prominent hedge fund Aurelius Capital Management LP, which claimed it was short-changed by the reorganization. By a 3-0 vote, the 3rd U.S. Circuit Court of Appeals in Philadelphia said letting Aurelius, a specialist in distressed debt,...

  • TRENTON, N.J.— New Jersey's Legislature gets a failing grade when it comes to protecting the state's natural resources, an environmental group said Wednesday in a report. The average was calculated in proportion to party control of the Legislature. Clean Water Action campaign director David Pringle said the report's conclusions are disappointing but added...

  • LOWER FEDERAL COURT IN MISSOURI ORDERED TO DISMISS LAWSUIT FILED AGAINST EMERSON ELECTRIC CO BY ABT SYSTEMS, LLC AND UNIVERSITY OF CENTRAL FLORIDA- DECISION.

  • MINEOLA, N.Y.— The Federal Aviation Administration is moving too slowly to implement rules requiring drone manufacturers to install technology that would prevent the aircraft from entering "no-fly zones" like airports, U.S. Schumer told The Associated Press on Wednesday that he will propose an amendment to legislation funding the FAA this fall that would...

  • LANSING, Mich.— Michigan legislators took a step Wednesday to help Detroit collect unpaid city income taxes from residents who work in the suburbs, a move linked to efforts to persuade Democrats from the city to back an elusive $1.2 billion road-funding plan. Legislation overwhelmingly approved by the Republican-led House Tax Policy Committee would require...

  • TOANO, Va.— Lumber Liquidators has hired a chief legal officer to help the troubled flooring retailer navigate through a thicket of problems that have hammered its stock and upended its management. Jill Witter is taking on the job as Lumber Liquidators' chief legal and compliance officer after serving as a consultant to the Toano, Virginia, company since early...

  • Rauner on union-strike veto: 'Let me do my job' Tuesday, 18 Aug 2015 | 3:08 PM ET

    SPRINGFIELD, Ill.— Imploring them to "let me do my job," Gov. Bruce Rauner asked Illinois lawmakers Tuesday not to undo his veto of a measure authorizing an unelected arbitrator to decide a potential labor-negotiation stalemate. "If our ability to negotiate with AFSCME gets stripped away, it's likely going to cost taxpayers in Illinois billions of dollars beyond...

  • NEW YORK— New York City Mayor Bill de Blasio is signing legislation aimed at preventing further outbreaks of deadly Legionnaires' Disease. An outbreak that began last month killed 12 people in the Bronx and hospitalized more than 100 others. Andrew Cuomo's office and the New York City Council.