April 4, 2014 |
WASHINGTON -- Atty. Gen. Eric H. Holder Jr. announced Friday that the Justice Department is investigating the practice of high-speed trading on the stock exchanges. Holder, in testimony prepared for delivery before the House Appropriations Committee, said the Justice Department is investigating the use of computer algorithms and ultra-high-speed data networks to execute trades as a possible violation of antitrust laws. Firms that use such tactics, employing physicists and other scientists to predict changes in the markets sometimes only seconds in advance, have been around for more than three decades.
March 17, 2014 |
Twenty-eight attorneys general from 24 states, three U.S. territories and Washington, D.C. are pressuring five retailers, including Walgreen Co. and Wal-Mart Stores Inc., to follow the move by CVS Caremark Corp. and end sales of tobacco. CVS Caremark in early February announced it would stop selling cigarettes and other tobacco products. The pharmacy and retail chain, which has increased its business providing medical care through clinics, said "the sale of tobacco products is inconsistent" with its purpose. Health advocates cheered the move and said it would probably spur other retailers to do the same. The effort was spearheaded by Eric T. Schneiderman and Michael DeWine, attorneys general of New York and Ohio, respectively.
January 23, 2014 |
California Atty. Gen. Kamala D. Harris' staff has agreed to meet Friday in Los Angeles with a coalition of critics who believe that Herbalife Ltd. preys on poverty-stricken immigrants with false hopes of easy money, a member of the group said. “The momentum is heading in the wrong direction for Herbalife,” said Brent Wilkes, national executive director of the League of United Latin American Citizens, who is among those scheduled to meet with Harris' staff. “There's a lot of people who have been shown the evidence and now believe the company is defrauding hundreds of thousands, if not millions, of people.” An Herbalife spokeswoman declined to comment.
December 31, 2013 |
WASHINGTON - With an emergency appeal filed Tuesday by Utah, the U.S. Supreme Court is again facing a difficult decision on whether gays and lesbians have a constitutional right to marry - a question the justices carefully dodged last year. Utah's attorney general is asking the high court to issue an emergency stay to restore a state law banning same-sex marriage that was struck down a week and a half ago by a U.S. District Court judge. Since then, hundreds of gay and lesbian couples in Utah have rushed to marry.
December 30, 2013 |
SALT LAKE CITY - Wade Hunt could see change looming on the horizon, a stubborn movement to legalize gay marriage that crept toward Utah's Mormon faithful state by state, one same-sex wedding at a time. But he never dreamed it would reach here. What works in California, Massachusetts, Minnesota and 15 other states would never fly in the traditional Beehive State, he believed. This is conservative country, where the locally-based Church of Jesus Christ of Latter-day Saints has made clear that a marriage is a bond between a man and a women.
December 26, 2013 |
Californians could be faced in November with a proposal to dramatically alter the pension and benefit system for public employees. San Jose Mayor Chuck Reed has submitted a statewide ballot initiative that would allow government agencies to negotiate changes to current employees' future retirement benefits, reversing the long-standing principle that once a public employee is hired, his or her retirement benefits cannot be reduced. Public employee unions are already gearing up for a major fight over Reed's initiative, which he could put on the ballot as soon as 2014 (or as late as 2016)