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Legislation Lobbyists

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  • RICHMOND, Va.— Virginia residents have been billed tens of thousands of dollars to pay for donations the state's most powerful electricity company has made to politically connected charities, according to company records obtained by The Associated Press. The practice is not unique to Virginia, though it's barred in some states. said former Virginia...

  • "We saw strange things in the data," said Chris Barnes, a former swaps trader now with ClarusFT, a London- based data firm. The missing transactions reflected an effort by some of the largest U.S. banks- including Goldman Sachs, JP Morgan Chase, Citigroup, Bank of America, and Morgan Stanley- to get around new regulations on derivatives enacted in the wake of the financial...

  • SAO PAULO, August 17- A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison on Monday for corruption and money laundering related to a bribe allegedly paid to the speaker of Brazil's lower house of Congress. Cervero and two other defendants are accused of organizing bribes from...

  • SAO PAULO, Aug 14- More defendants are negotiating and signing plea bargain deals in a massive bribery case focused on Brazil's state-run oil firm Petrobras as federal prosecutors prepare charges against higher-profile suspects, including politicians. Petrobras' former head of corporate services Renato Duque and Fernando Soares, a lobbyist who helped...

  • SAO PAULO, Aug 7- Brazilian prosecutors plan to file criminal charges stemming from the lease of an Ensco Plc offshore oil-drilling ship to Brazil's state-run oil company Petrobras "in due course," they said. The plan to prosecute over the Ensco-Petrobras charter was mentioned in a Thursday statement presenting corruption charges stemming from the 2009 lease...

  • COLUMN-The only game in town: James Saft Tuesday, 14 Jul 2015 | 2:59 PM ET

    July 14- The lesson of recent developments regarding Greece, China and the Federal Reserve isn't that officials are losing control, but instead how events confirm the great extent to which they are the key determining force in financial markets. That's even before we consider the case of China, where government in all its majesty reacted to a recent plunge by...

  • WASHINGTON, July 14- Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key cog in the development of the vast North American shale oil fields. On Wednesday, the panel will decide whether to send the measure to the full...

  • The Corn Refiners Association, which represents high-fructose corn syrup producers, has hired Washington lobbyist firm, the Alpine Group, to challenge sugar's long-protected status, a spokesman for the organization said on Thursday. Its members include Archer Daniels Midland Co and Cargill Inc.. This is the first time corn refiners have publicly taken the...

  • The Corn Refiners Association, which represents high-fructose corn syrup producers, has hired Washington lobbyist firm, the Alpine Group, to challenge sugar's long-protected status, a spokesman for the organization said on Thursday. Its members include Archer Daniels Midland Co and Cargill Inc.. This is the first time corn farmers have publicly taken the...

  • CHICAGO, June 23- The Illinois House will get a second chance to vote on a bill that would give the cash-strapped Chicago Public Schools until Aug. 10 to make a $634 million payment to its pension fund, House Speaker Michael Madigan said. Madigan told reporters in the state capitol in Springfield that the bill will be called for another House vote on June 30.

  • CHICAGO, June 23- An Illinois House committee approved on Tuesday a bill that would give the cash-strapped Chicago Public Schools an extra 40 days to make a $634 million payment to its pension fund. The Democrat-controlled House Executive Committee voted 8-2 to send the measure, which pushes the payment deadline to Aug. 10, to the House floor.

  • CHICAGO, May 13- Wal-Mart Stores said it will start disclosing directly to investors what it spends on lobbying on a state-by-state basis, responding to shareholder pressure to improve transparency on how the retailing giant seeks to influence public policy. The previously unreported move would make Wal-Mart the first constituent of the Dow Jones...

  • CHICAGO, May 13- Wal-Mart Stores said it will start disclosing directly to investors what it spends on lobbying on a state-by-state basis, responding to shareholder pressure to improve transparency on how the retailing giant seeks to influence public policy. The previously unreported move would make Wal-Mart the first constituent of the Dow Jones...

  • CHICAGO, May 13- Wal-Mart Stores said it will start disclosing directly to investors what it spends on lobbying on a state-by-state basis, responding to shareholder pressure to improve transparency on how the retailing giant seeks to influence public policy. The previously unreported move would make Wal-Mart the first constituent of the Dow Jones...

  • BRUSSELS, May 12- David Cameron is not the best liked European leader in Brussels, yet as he seeks changes in the EU to persuade Britons they should stay in, he will not lack offers of friendship. They will come from presidents and fellow prime ministers across the 28- nation European Union and its institutions, none of whom wants to lose the economic, geopolitical...

  • BRUSSELS, May 11- David Cameron is not the best liked European leader in Brussels, yet as he seeks changes in the EU to persuade Britons they should stay in, he will not lack offers of friendship. They will come from presidents and fellow prime ministers across the 28- nation European Union and its institutions, none of whom wants to lose the economic, geopolitical...

  • SAO PAULO, May 4- Recent setbacks for prosecutors in a huge corruption scheme at Brazil's state-run oil company Petroleo Brasileiro SA suggest they will struggle to win as many convictions as they seek. The Supreme Court's decision last week to release from jail nine executives at construction companies suspected of paying bribes in the scheme, and put them...

  • SAO PAULO, March 27- Brazilian police on Friday arrested the CEO of Grupo Galvão, the latest executive seized in a corruption probe focused on state-run oil firm Petroleo Brasileiro SA. Trials are underway in Curitiba, in what has become Brazil's biggest-ever corruption probe known as Operation Car Wash. Two dozen of Brazil's biggest engineering firms are...

  • TALLAHASSEE, Fla., March 26- A bill to create two casino gambling "destination resorts" in south Florida divided the Republican-controlled statehouse on Thursday, with the expansion of craps, slot machines and high-stakes gaming opposed by family-oriented tourist attractions. Proponents argue that Florida is losing billions in tourism revenue to Caribbean...

  • Korea holds winning hand as Japan gambling bill dies Sunday, 23 Nov 2014 | 6:14 PM ET
    Hanging above the "Center Bar," a Pepsi-branded LED display with 2.1 million pixels.

    South Korea looks like the consolation prize as Japan's $15 billion casino dream fades.