Government
Supreme Court Delivers Another Setback to Class Actions in Comcast Ruling
The U.S. Supreme Court on Wednesday ruled in favor of Comcast Corp. in a case over how much it charged a group of cable TV subscribers, the latest blow against consumers hoping to pursue class action ...SEC Approves But UBS Unhappy with Nasdaq Payback on Facebook IPO
U.S. regulators approved Nasdaq OMX Group's $62 million compensation plan for firms that lost money in Facebook Inc.'s glitch-ridden market debut, a victory for the exchange operator that also set ...
Should Firms Tie Bonuses to Competitors’ Performance?
The Federal Reserve is pushing banks to ignore competitors' performance when awarding bonuses, and focus squarely on their own profitability, according to pay consultants and other people familiar ...
Federal Court Vacancies Could Thwart Obama’s Climate Change Agenda
President Barack Obama's plan to use federal agencies, and the Environmental Protection Agency in particular, to drive his second-term climate change agenda might be in peril if he cannot fill vacant ...Federal Court’s Damages Cap Ruling Not Binding on Mississippi’s State Courts
A Fifth Circuit Court of Appeals' decision that Mississippi's $1 million cap on non-economic damages arising from civil litigation does not violate the state constitution's separation of powers ...
Supreme Court Direction Unclear On Genetic Drug Patent Case
U.S. Supreme Court justices on Monday signaled uncertainty over how they would rule on whether brand-name drug companies can settle patent litigation with generic rivals by making deals to keep ...