Ford retreats from American car business in penny-pinching push

April 26, 2018 Leave a comment

Ford is cleaving an additional $11.5 billion from spending plans and dropping several sedans, including the Fusion and Taurus, from its lineup to more quickly reach an elusive profit target.

Tagged with: cars ford SUVs trucks

Patent ‘death squad’ system upheld by Supreme Court

April 24, 2018 Leave a comment

In this Oct. 10, 2017 photo, the Supreme Court in Washington is seen at sunset. The Supreme Court is being asked to take a case about whether eye drops are too big. Don’t roll your eyes. Major players in American’s medicine cabinets are now asking the high court to take the case. On the other side are patients using the companies’ drops to treat glaucoma and other conditions. They say wasted medication affects their wallets. They argue they should be able to sue. Drug companies, however, say the patients’ argument is based on speculation and a bottle that doesn’t exist. (AP Photo/J. Scott Applewhite)

The U.S. Supreme Court upheld an administrative review system that has helped Google Inc., Apple Inc. and other companies invalidate hundreds of issued patents.

Tagged with: patent trolls patents trademark

Funds stand to gain as muni buyers get first look at fees

April 23, 2018 Leave a comment

On May 14, the municipal-bond market’s biggest investors may be in for a shock. That’s when new rules will require brokerage firms to start disclosing some of the fees they charge individuals to buy and sell state and local government ...

Judges skeptical of FCC in case related to Sinclair’s deal

April 20, 2018 Leave a comment

Sinclair’s headquarters in Hunt Valley (Jonathan Hanson/Bloomberg News)

The Federal Communications Commission faced skeptical questioning from judges about a rule change that made way for Sinclair Broadcast Group's proposed acquisition of Tribune Media Co., raising the possibility of turmoil for the $3.9 billion deal.

Tagged with: appeal merger sinclair broadcast group inc tribune media co.

For survivors of Southwest engine explosion, what comes next?

April 19, 2018 Leave a comment

National Transportation Safety Board investigators examine damage to the engine of the Southwest Airlines plane that made an emergency landing at Philadelphia International Airport in Philadelphia on Tuesday. While Southwest has said it will work with victims’ families, that may not preclude litigation down the road, although the precedent for liability based on emotional trauma or non-serious injuries is ambiguous. (NTSB via Associated Press)

Being on an airplane more than six miles in the air when an engine blows up and sends shrapnel through a window is an experience so scary that aviation lawyers say it's not just the family of the woman killed on a Southwest flight this week who could have a case.

Tagged with: lawsuits litigation Southwest Airlines Co.

Southwest rushes engine checks amid first-of-its-kind crisis

April 18, 2018 Leave a comment

Southwest Airlines planes. (The Daily Record / Maximilian Franz)

Southwest Airlines Co. is stepping up engine inspections as the discount carrier known for its quirky cheerfulness and strong safety record grapples with its first accident to result in a passenger’s death. Ultrasonic examinations of the fan blades on its ...

Tagged with: death flying gary kelly Southwest Airlines Co.

Internet sales taxes divide Supreme Court justices

April 17, 2018 Leave a comment

outh Dakota Attorney General Marty Jackley speaks outside the Supreme Court after the court hears oral arguments on a case involving a rule stemming from two, decades-old Supreme Court cases on state's sales tax collection, Tuesday, April 17, 2018, in Washington. South Dakota v. Wayfair is a case arguing about whether a rule the Supreme Court announced decades ago in a case involving a catalog retailer should still apply in the age of the internet. (AP Photo/Andrew Harnik)

U.S. Supreme Court justices signaled they are divided about whether to let states start collecting billions of dollars in sales taxes from internet retailers that don’t currently charge tax to their customers. Hearing arguments in Washington on Tuesday in a ...

Tagged with: consumers online sales tax

Sinclair employees say contracts make it too expensive to quit

April 3, 2018 Leave a comment

After Sinclair Broadcast Group Inc. drew widespread criticism for having anchors read a statement taking aim at the integrity of other U.S. media outlets, many wondered why some of the company’s journalists didn’t just quit.

Tagged with: forced aribration non-compete clause sinclair broadcast group inc

Washington leak culture meets Wall Street’s insider cops

March 30, 2018 Leave a comment

FILE - In this Thursday, Nov. 30, 2017, file photo, the sky over The Capitol is lit up at dawn as Senate Republicans work to pass their sweeping tax bill this week in Washington, (AP Photo/J. Scott Applewhite)

The federal prosecutors who sent Wall Streeters to prison for trading on insider information are taking on Washington’s culture of leaks in a first-of-its-kind trial next week.

Tagged with: insider trading leaks wall street washington

DHS: Most state election officials lack clearances needed

March 21, 2018 Leave a comment

8a-voters-election-vote-voting-2016mf012

Homeland Security Secretary Kirstjen Nielsen said only about 20 out of a targeted 150 state officials have full security clearances needed to receive classified information on cybersecurity threats to their elections, with the midterm congressional primaries already underway. Nielsen, under ...

Tagged with: clearance cybersecurity department of homeland security midterms

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