News & Politics Archives - Page 825 of 852

Illinois Passes Large-Scale Police Conduct Reform

Staff - August 15, 2015

Rauner, a Republican, worked alongside the bill’s primary sponsor, Chicago Democratic State Senator Kwame Raoul, as well as with police unions throughout the state to turn the reform into law. Rauner praised the bipartisan effort, saying in a statement, “As a society, we must ensure the safety of both the public and law enforcement. SB 1304 establishes new and important guidelines and training for police departments and their officers, while protecting the public by prohibiting officers from using excessive force.

Connecticut High-Court Rules against Death Penalty

Staff - August 14, 2015

The Connecticut legislature voted in 2012 to abolish the death penalty, however, that measure only affected future crimes committed in the state. Calling it unconstitutional, Associate Justice Richard Palmer wrote the majority opinion, stating that the death penalty “no longer comports with contemporary standards of decency and no longer serves any legitimate penological purpose.”

‘Go Bleep Yourself San Diego!’

Staff - August 13, 2015

San Diego unveiled a $1.1 billion proposal to build a stadium in the city’s Mission Valley area to keep the team there, replacing the antiquated Qualcomm Stadium. The proposal, however, only includes one-third of the cost to be publicly financed, leaving the Chargers and the NFL responsible for over $750 million of the cost. Chargers executive Mark Fabiani rebuked the proposal and city officials, saying “The Chargers have been clear from the start that the franchise will not be the city’s guinea pig for this inevitably ill-fated legal experiment.”

Industry and Consumer Groups along with Congressman Fight Delayed Orbitz-Expedia Merger

Staff - August 13, 2015

A formidable push is gathering for antitrust authorities to block the proposed merger between online-travel giants Expedia and Orbitz. Congressional authorities, consumer groups, and those within the hotel industry are urging the Department of Justice to strongly consider the antitrust concerns of the merger. Expedia announced the proposed $1.3 billion acquisition in February, shortly after

Hacking is Huge Business for Insider Trading Ring

Staff - August 12, 2015

U.S. Attorneys’ offices in New York and New Jersey, along with the Securities and Exchange Commission (SEC), have filed over 20 charges against an international ring of hackers and traders accused of selling and buying unreleased business information. The group of hackers, mostly from the Ukraine and Russia, are suspected of taking advantage of security

Takata Launches Public-Awareness Campaign for Airbag Recall

Staff - August 12, 2015

Japanese airbag manufacturer, Takata, is set to launch a large-scale advertising campaign urging those affected by recalled airbags to schedule repair or replacement.

FCC Issues Largest ever “Robocall” Fine

Staff - August 12, 2015

Florida-based Travel Club Marketing was hit with the largest automated-calling fine in Federal Communications Commission (FCC) history on Tuesday for making at least 185 unsolicited calls without customer consent, including 142 households on the National Do-Not-Call Registry. The fine of $2.96 million, reported by the FCC’s Enforcement Bureau, is the largest fine the agency has

New York’s “Responsible Banking” Law Ruled Unconstitutional

Staff - August 11, 2015

In U.S. District Court in Manhattan on Monday, Judge Katherine Polk Failla issued New York’s mayor Bill De Blasio a notable defeat of a law intended to regulate the community-mindedness of the many financial institutions that inhabit the city. New York’s city council passed the Responsible Banking Act (RBA) in 2012, requiring banks in the

FDA Approves Nestle’s Maggi Noodles, Banned in India

Staff - August 11, 2015

Foodmaker Nestle scored a major victory late Monday night when the U.S. Food and Drug Administration (FDA) granted marketing approval for the company’s Maggi noodles within the U.S. The U.S. joins six other countries in allowing the sale of the two-minute instant snack noodles, which had been tested by the regulator for unsafe levels of

Congress Considers Lifting Oil-Export Ban

Staff - August 10, 2015

According to U.S. Representative Joe Barton (R-TX), Congress is expected to vote on legislation that would lift a 40 year-old crude-oil export ban for U.S. producers. In an August 6th phone interview with Bloomberg, Barton said “We’ve got green lights in the House all the way,” saying that “The whip, the majority leader, the speaker

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