AP / Reuters News

Kentucky Governor Promoting New Drug Law for Miners

Kentucky Gov. Steve Beshear is promoting a newly passed law that permanently revokes the credentials of miners who fail drug tests. Beshear was in Pikeville on Tuesday where he said the law sends a clear message that drug and alcohol …

Mississippi Man Jailed for Insurance Fraud

A 31-year-old Jones County, Miss., man is jailed on an insurance fraud charge. The state attorney general’s office told the Hattiesburg American, Terrell McAndrews of Heidelberg has been indicted and arrested on one count of insurance fraud following indictment by …

U.S. to Issue More Waivers on Iran Sanctions Next Week

The United States will announce a new list of countries that will receive exceptions to financial sanctions on oil trade with Iran as soon as early next week, a government official said on Thursday. Not all of Iran’s oil buyers …

Administration Ready to Respond on Healthcare Reform Ruling

U.S. Health and Human Services Secretary Kathleen Sebelius said on Thursday the administration will be ready to respond if the Supreme Court strikes down all or part of the healthcare reform law in a landmark ruling expected this month. Speaking …

Mississippi Catholic Groups Sue Over Birth Control Rule

Ten Catholic groups in Mississippi are suing the Obama administration over a mandate that most employers provide birth control coverage as part of health insurance plans. Roman Catholic groups across the nation filed 12 lawsuits Monday. One was filed in …

Facebook, Banks Sued Over Pre-IPO Analyst Calls

Facebook Inc. and banks including Morgan Stanley were sued by the social networking leader’s shareholders, who claimed the defendants hid Facebook’s weakened growth forecasts ahead of its $16 billion initial public offering. The defendants, who also include Facebook CEO Mark …

U.S. SEC Dealt Blow in Financial Crisis Case

The U.S. Securities and Exchange Commission was dealt a setback in its cases tied to the financial collapse when a federal judge dismissed large parts of its case against former executives at failed mortgage lender IndyMac Bancorp. In a verbal …

Judge Approves $158M Drug Settlement in Texas Lawsuit

A Texas judge has finalized a $158 million settlement between Texas and a subsidiary of health care giant Johnson & Johnson in a Medicaid fraud lawsuit over the anti-psychotic drug Risperdal. The agreement, reached during a January trial settled a …

Morgan Stanley Directors Win Pay Lawsuit Dismissal

Twelve directors of Morgan Stanley have won dismissal of a shareholder lawsuit accusing them of letting the Wall Street bank overpay its employees even while accepting taxpayer-funded federal bailouts. Shareholders accused the outside directors of corporate waste and breaching their …

Judge Orders Feds to Begin Proceedings to Remove Antibiotics in Animal Feed

A federal judge on Thursday ordered U.S. regulators to start proceedings to withdraw approval for the use of common antibiotics in animal feed, citing concerns that overuse is endangering human health by creating antibiotic-resistant “superbugs”. U.S. Magistrate Judge Theodore Katz …