7/6/2015 In a move that many consider to be long overdue, the White House’s Office of Science and Technology Policy announced that three federal agencies will be coordinating to revamp the decades-old policy towards genetically modified agriculture (GMO) in order to restore public confidence. The current system, called the Coordinated Framework for the Regulation of
7/5/2015 For the first time in nearly three years, the National Highway Transportation Safety Administration (NHTSA) conducted a public hearing on Thursday, July 2nd. In the hearing, the agency scrutinized Fiat-Chrysler’s handling of 23 recalls involving 11 million vehicles. Acting director of the agency’s Office of Defects Investigation (ODI), Jennifer Timian, began the hearing by
7/5/2015 The Justice Department announced last week that it is undergoing a probe into whether or not several major airlines are colluding to control expansion, limiting routes and seating in order to keep ticket prices high. Although refusing to name specific airlines, Department of Justice Spokesperson Emily Pierce confirmed that the department was investigating “possible
7/3/2015 Following last week’s landmark Supreme Court ruling on the Affordable Care Act (ACA), or Obamacare, two leading health insurers will be combining to form the second largest company in the industry. Aetna, the third-largest insurer will acquire Humana, the country’s fourth largest health plan provider. Aetna will pay a cash and stock equivalent to
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,