U.S.
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 ...Financial Services Firms Back Consumer Chief Cordray If Congress Reforms Bureau
The Financial Services Roundtable says it will support the confirmation of Richard Cordray to lead the Consumer Financial Protection Bureau (CFPB), provided Congress makes changes to CFPB's ...SEC Approves Compensation for Facebook IPO Losers
U.S regulators on Monday approved a plan to compensate market makers who lost money in a botched Facebook Inc. public offering in May on the Nasdaq exchange. Nasdaq, a unit of Nasdaq OMX Group Inc., ...IMF to Cut 2013 U.S. Growth Forecast: Report
The International Monetary Fund (IMF) is planning to cut its U.S. growth forecast for this year due to higher taxes and spending cuts, Italian news agency ANSA said, citing a draft of the IMF's next ...
Bankers Personally Liable for Sanctions Violations: U.S. Treasury
The U.S. Treasury Department plans to hold bankers personally responsible and subject them to fines when their banks help countries such as Iran evade economic sanctions. The shift is in line with ...