U.S. Supreme Court rejects AIG ex-CEO Hank Greenberg’s appeal
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday rejected former American International Group CEO Maurice “Hank” Greenberg’s bid to escape civil fraud charges in New York accusing him of orchestrating sham transactions at the insurer.
U.S. congressman from Pennsylvania gets 10 years’ prison for fraud
(Reuters) – Former U.S. Representative Chaka Fattah, who served in Congress for more than 20 years, was sentenced on Monday to 10 years in federal prison for orchestrating a series of frauds to enrich himself and boost his political career, U.S. prosec…
McConnell will not give timeline for Obamacare replacement
WASHINGTON (Reuters) – U.S. Senate Majority Leader Mitch McConnell said on Monday the Senate will move to repeal President Barack Obama’s healthcare law shortly after Jan. 1, but declined to give a timeline for a plan to replace it.
AmEx to increase family benefits for U.S. employees
(Reuters) – American Express Co said on Monday it would increase parental leave and family benefits for U.S. employees from January, joining a list of big U.S. financial companies that have done so this year.
Supreme Court declines to hear biologic drug patent fight
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a case over whether companies that make copycat versions of biologic drugs must wait six months after winning federal approval before bringing them to the market.
U.S. top court rejects trade group’s challenge to Colorado tax
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday left in place a Colorado law dubbed the “Amazon tax” designed to make it easier for the state to collect sales taxes on out-of-state internet purchases, refusing to hear a challenge to it by an in…
No security threat at U.S. Capitol Visitor Center: police
WASHINGTON (Reuters) – Police in Washington on Monday said there was no security threat at the U.S. Capitol Visitor Center building, and that related announcements were linked to a police exercise.
Midwest snow storm grounds hundreds of Chicago flights
(Reuters) – Hundreds of flights into and out of Chicago’s O’Hare and Midway airports were canceled on Sunday as a winter storm system dumped moderate to heavy snow on the Upper Midwest and Lower Great Lakes regions before heading toward the U.S. Northe…
Man convicted of manslaughter in death of ex-NFL star
(Reuters) – A jury on Sunday night found a Louisiana man guilty of manslaughter in the shooting death of retired NFL player Will Smith, following an April vehicle collision in New Orleans.
TreeHouse Foods recalls some products citing salmonella risk
NEW YORK (Reuters) – Packaged foods maker TreeHouse Foods Inc on Sunday recalled certain macaroni and cheese cup products containing cheddar cheese seasoning, saying they may be contaminated with salmonella.
