U.S. Justice Department Sets New Clemency Guidelines for Nonviolent Drug Offenders
Deputy Attorney General James Cole announced new clemency guidelines on 23 April. Under the new guidelines laid out by the…
Legal News
HBO Signs Agreement with Amazon Prime
Amazon announced that on May 21, Prime Instant Video would become the first video-streaming service aside from HBO GO to…
Aereo TV Receives Little Support from Supreme Court Justices in Copyright Case
On Tuesday, it seemed as though justices for the United States Supreme Court were skeptical about the online television company…
Samsung Argues over Inflated Patent Damages
In patent law, to calculate the damages, companies are asked to recreate a “hypothetical” license negotiation; Samsung Electronics Co. says…
Former Deutsche Bank Salesman Admitted to Bribery
A former Deutsche Bank salesman, Shigeru Echigo, has admitted to bribery charges in Tokyo, but Shigeru Echigo, 37, stated that…
Big Pharma Buy Incites U.S. Stocks to Rise
U.S. stocks rose, with the Standard & Poor’s 500 Index poised for a sixth day of gains. Bloomberg has reported…
Valeant Pharmaceuticals International Inc. Offers to Buy Botox Giant Allergan Inc.
In a cash-and-stock deal valued at $45.7 billion, Valeant Pharmaceuticals Inc. would give Allergan investors $48.30 in cash and 0.83…
U.S. High Court Upholds Michigan Affirmative Action Ban
The U.S. Supreme Court up-held a voter-approved ban on racial preference in admissions at Michigan's state-run universities. The decision will provide…
Supreme Court Rules Michigan Affirmative Ban is Constitutional
The Supreme Court ruled on Tuesday that a voter-approved change to the Constitution in Michigan that forbids the public colleges…
U.S. Stocks Advance
The Director of research at Fenimore Asset Management in Cobleskill, New York, John Fox, said in a phone interview, "All…
Hedge Funds Lowered Bullish Bets on Gold
For a fourth week, Bloomberg News has reported that hedge funds have lowered bullish bets on gold in the longest…
General Mills Changes Course on Requiring Arbitration for Consumers
One of the largest food companies in the country, General Mills, has announced that it will withdrawal its plans to…