7/3/2015 In a joint press conference, the attorneys general for Alabama, Florida, Louisiana, and Mississippi announced that it has agreed to settle the penalty phase regarding the Deepwater Horizon oil spill. The spill occurred on April 20th, 2010, when the aforementioned oil rig caught fire, killing 11 people and sent over 3 million barrels of
7/1/2015 President Barack Obama will be speaking in La Crosse Wisconsin on Thursday to highlight a change in federal overtime law that he announced in a Monday night Op-Ed in the Huffington Post. Writing that, “In this country, a hard day’s work deserves a fair day’s pay,” the president announced that the rule change will
6/30/2015 It seems every few years or so, the specter of tort reform appears in the halls of Congress to test the political winds. Last week, while the winds of freedom emanated from the Supreme Court steps and the air from dozens of collective exhales from the White House over the ACA, the ghost of
6/29/2015 According to a Sunday press release, Fiat-Chrysler announced that an assembly error detected last month may cause a suspension component to fail in some 2015 Dodge Durango SUVs and Jeep Cherokee models. The automaker said that the rear control arm was not properly heat-treated, causing a defect which is estimated to occur in no
6/28/2015 On Tuesday, U.S. District Judge Amit Mehta in Washington D.C. blocked a proposed merger between the U.S.’s two largest food-distribution companies, U.S. Foods and Sysco. Citing antitrust concerns, The Federal Trade Commission (FTC), along with ten state attorney generals’ offices sued the companies in February. The companies announced interest in a merger in December,
6/28/2015 Satellite Radio industry leader Sirius XM agreed on Friday to pay five record labels $210 million for the company’s use of pre-1972 recordings, potentially resolving a two-year legal battle in Los Angeles Superior Court. Due to federal copyrighting laws were not established for recordings until February 15th, 1972, separate from longstanding protections for songwriters,
6/26/2015 In a dramatic press briefing in Tokyo following the company’s annual shareholders’ meeting, the president of embattled Japanese airbag manufacturer, Takata, Shigehisa Takada, made his first public apology for the faulty airbags responsible for at least 8 deaths and over 100 injuries. First bowing to the media, Takada said, “I apologize for not having
6/26/2015 The U.S. Justice Department along with Michigan’s Attorney General’s office filed a lawsuit on Thursday, alleging that four Southern Michigan hospital systems violated antitrust laws by agreeing not to compete with each other. The civil suit was filed in U.S. District Court in Detroit, claiming that the hospitals conducted a “hands-off” marketing arrangement, with each
6/26/2015 Many beer drinkers may be shocked to find that their favorite “import” beer is actually brewed in the U.S., including popular brands like Stella Artois, Red Stripe, Foster’s, and Killian’s Irish Red, among others. In fact, many of these brands are brewed by the same companies that make Budweiser, Coors, and Miller. Among these
6/25/2015 On Tuesday, U.S. District Court for the District of Columbia Judge, John Bates, upheld regulations set to begin July 1st restricting the conduct of for-profit colleges and career-training programs. The U.S. Department of Education (DOE) announced rules last fall that could potentially restrict federal funding for schools that saddle students with markedly high tuition