Government
China Likely to Turn to Insurers, Pension Funds for Private Capital
As China embarks on a new wave of opening up state-dominated industries to private capital, foreign firms will largely be kept out and authorities are likely to look to institutions like domestic ...
Supreme Court Justices Grapple with Rules for Class Actions
U.S. Supreme Court justices sought a middle ground to preserve class-action shareholder lawsuits as they heard a case testing the legal rules that have fostered thousands of cases over the past ...
Judges Rules in Favor of Chevron on $9.5B Pollution Damage Award; Says Lawyer Tactics Fraudulent
Steven Donziger, the Harvard-educated lawyer who has waged a two-decade battle against Chevron Corp over pollution in the Amazon jungle in Ecuador, is not one to accept defeat quietly. Hours after a ...
Cyber Attacks Increasing, Costing Millions, Straining Internet
Crashing websites and overwhelming data centers, a new generation of cyber attacks is costing millions and straining the structure of the Internet. While some attackers are diehard activists, ...
House Passes Flood Insurance Bill; Key Senators Sign On
The U.S. House of Representatives Tuesday evening passed bipartisan legislation to curb some of the premium increases in the nation's flood insurance program that have been causing "sticker shock" ...
Gov. Christie Says N.J. May Get $10B of Federal Sandy Aid
Governor Chris Christie said New Jersey may receive as little as $10 billion of federal recovery funds for $37 billion of damage from Hurricane Sandy. "Some really difficult decisions will have to be ...
House Poised to Pass Flood Insurance Change Backed by Realtors
The U.S. House will have enough votes to pass flood-insurance legislation following last-minute changes to give more coastal property owners a break from rate increases, Minority Whip Steny Hoyer ...
Supreme Court Expands Sarbanes-Oxley Whistleblower Shield
The U.S. Supreme Court expanded the reach of a federal law enacted in response to the 2001 Enron Corp. collapse, saying it protects people who work for a public company's contractors, including law ...