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Settlement

WORLD
August 13, 2013 | By Batsheva Sobelman
JERUSALEM -- Capping one of the busiest periods in settlement approval in years, Israel gave final planning permission to build about 900 more units of housing on land it seized in 1967, brushing aside U.S. and Palestinian objections ahead of peace talks scheduled to resume in Jerusalem on Wednesday. The development, quietly approved Monday, is located in Gilo, in the southern Jerusalem area. The announcement comes after Israel's Housing Ministry said Sunday it would publish tenders for 1,187 units of housing in the Jerusalem area and in Jewish settlements in the West Bank.
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BUSINESS
February 9, 2012 | By Alejandro Lazo
Striking a populist note, California Atty. Gen. Kamala D. Harris appeared at a downtown Los Angeles news conference and praised the Golden State's share of a multi-state settlement as a “California commitment” that represents a “tremendous victory.” Harris said that the state's piece of the multibillion-dollar settlement was right for the most severely affected parts of the state. She also rejected claims that the controversial deal was a handout to people who did not live up their commitments.
BUSINESS
October 2, 2013 | By Michael Hiltzik
New York Atty. Gen. Eric Schneiderman has lowered the boom on Wells Fargo for what he says are serial violations of the huge foreclosure abuse settlement that Wells and four other big banks reached with federal and state regulators last year. Schneiderman's legal action reminds us what a scam that supposedly groundbreaking settlement was from the get-go. Remember that settlement? Trumpeted by the regulators as a huge victory for the consumer, it required five big banks to pay $25 billion and adhere to a long list of proper foreclosure practices.
AUTOS
February 27, 2013 | By Jerry Hirsch
Hyundai Motor America is inching closer to a settlement of claims it inflated the fuel economy ratings of its vehicles. Details of the deal are still to be worked out, but the automaker is expected to reach a settlement in 38 lawsuits on the fuel economy mislabeling, which have been combined and are being heard in U.S. District Court in Los Angeles. Its corporate sister, Kia Motors America, is expected to also settle the litigation. Photos: Vehicles with overstated fuel economy claims In November, the South Korean automakers said they overstated the fuel economy on nearly 1 million late-model vehicles after the discrepancy was discovered by the U.S. Environmental Protection Agency, which monitors the fuel economy tests by automakers.
ENTERTAINMENT
June 6, 2013 | By Ryan Faughnder
This post has been updated. See below for details. Shares of TiVo Inc. jumped more than 8% on Thursday because of a report that the set-top box maker had reached a settlement with Google's Motorola Mobility unit.  TiVo sued Motorola last year for billions of dollars for patent infringement over its digital video recording technology. Motorola previously hit TiVo with a lawsuit over its DVR technology in 2011.  Bloomberg News...
BUSINESS
February 5, 2013 | by Walter Hamilton
Nasdaq soon may pay a penalty for its flawed handling of Facebook Inc.'s initial public offering. But it may not be paying all that much. The Wall Street Journal reported that Nasdaq is in settlement talks with the Securities and Exchange Commission to pay about $5 million to resolve the agency's eight-month investigation of Nasdaq's technological miscues in the closely watched IPO. That would be a fraction of the estimated $500 million...
WORLD
September 22, 2013 | By Edmund Sanders
JERUSALEM - Following the killing of two Israeli soldiers over the last three days, Israeli Prime Minister Benjamin Netanyahu said he would expand a controversial Jewish settlement in the West Bank city of Hebron. “We will continue to fight terrorism with one hand, and strengthen settlements with the other," Netanyahu said. In retaliation for the shooting of an Israeli soldier Sunday in Hebron, Netanyahu said he would allow for the immediate resettlement of Beit Hamachpela, a disputed building near Hebron's Tomb of Patriarchs and Ibrahimi mosque.
WORLD
November 13, 2013 | By Batsheva Sobelman
JERUSALEM -- New plans for Israeli settlements in the West Bank are adding fresh tension to the country's already stressed relations with the U.S. and the Palestinians. The announcement Tuesday of long-term development plans that would add 20,000 housing units in West Bank settlements was met with surprise and concern by U.S. officials. "Our position on the settlements is quite clear: We do not accept the legitimacy of continued settlement activity," said State Department spokeswoman Jen Psaki in a daily media briefing . The U.S. has expressed concern over steps that are "not conducive" to peace negotiations with the Palestinians, she said, "and settlements is certainly one of them.
NATIONAL
February 26, 2012 | By Richard Fausset
The massive civil lawsuit stemming from the 2010 Deepwater Horizon oil spill, originally scheduled to go to trial Monday in New Orleans, has been postponed for one week to give oil giant BP and lawyers for more than 120,000 plaintiffs time to continue settlement talks. The postponement of the start of the trial to March 5 was announced in a joint statement Sunday from BP, which was in charge of the drilling project, and the group of plaintiffs' attorneys known as the Plaintiffs' Steering Committee, or PSC. "BP and the PSC are working to reach agreement to fairly compensate people and businesses affected by the Deepwater Horizon accident and oil spill," the statement read.
BUSINESS
February 9, 2012 | By Jim Puzzanghera, This post has been corrected, as indicated below
Federal and state officials on Thursday announced a landmark $25-billion agreement with the nation's five largest mortgage servicers to settle investigations involving foreclosure abuses and try to stabilize the housing market. The deal would give $17 billion in relief to current homeowners, mostly by reducing the amount of principal they owe on their mortgages. An additional $5 billion would be paid in cash to California and more than 40 other states as restitution for foreclosure paperwork problems and other improprieties by the servicers in the foreclosure process.
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