Supreme Court
Who's Buying Your Next President? Sheldon Adelson Makes His Bid
5:25PM 1/31/2012
Casino mogul Sheldon Adelson has stirred up controversy recently for his $10 million in political help to the Newt Gingrich campaign -- but it's all perfectly legal. Still, with billionaires and corporations now able to make almost unlimited political donations, is the presidency for sale?
From my point of view, we are about to be in heaps of trouble economically, so for 2012, I'm looking to exploit other people's woes like the good capitalist I am. Here are three bets I might pull the trigger on:
One of Health Care Reform's Biggest Foes May Soon Be a Customer
12:15PM 12/06/2011
Supporters of President Obama's health care reform laws got a major boost when a key opponent lost her business. Mary Brown, whose whose standing to sue is integral to the largest lawsuit against Obama's health care reforms, may be forced to abandon her legal challenge.
Ruling on Cigarette Pack Warnings Stirs Free Speech Debate
11:45AM 11/08/2011
A court ruling Monday stubbed out an FDA attempt to plaster extremely graphic warning labels on cigarette packs. The decision has reignited a debate over which right trumps which: The right of the government to warn Americans about the health risks of smoking, or the First Amendment rights of tobacco companies.
In a 7-2 ruling, the Supreme Court Monday granted the video game industry some serious leeway, striking down California's ban on the sale of violent video games to minors. Here's more on what it means for the industry.
The Financial Landscape: It's All Business at the Supreme Court; EU Firms Up on Greece
10:15AM 6/24/2011
It's a good day to be a drugmaker after two pro-business Supreme Court rulings favored the industry. And it's an even better day for those who are counting on the EU bailing out Greece. But the folks at Google may want to search for "defense lawyers" -- they may be seeing subpoenas shortly.
The Financial Landscape: Court Wins for Wal-Mart, Power Companies
9:20AM 6/21/2011
Company News, Economy, People, Wal-Mart Stores, Green, Market News
The Supreme Court kept up its corporatist streak Monday, handing down two key decisions that were certain to please the Chamber of Commerce. The first helped Wal-Mart quash a massive class action sex discrimination suit; the second stopped states from suing power companies over greenhouse gas emissions.
Earlier this year the U.S. Supreme Court interpreted an anti-employment discrimination statute in a pro-employee way. On Tuesday the Court did it again, in Staub v. Proctor -- a case involving alleged bias by supervisors against an employee.
Supreme Court Limits Lawsuits Against Vaccine Makers
12:11PM 2/23/2011
Vaccine makers such as Pfizer are breathing easier now that the Supreme Court has ruled they can't be sued for defective vaccine designs. The majority opinion by Justice Antonin Scalia was unequivocal: Congress has barred lawsuits over the rare but unavoidable side effects of vital vaccines.
Among the state systems governing foreclosure, Hawaii has a particularly fraud-riddled, draconian process. Elderly Suzanne Bonds was unbelievably exploited by that process in 2004, but Hawaii's courts refused to help. Now, her attorneys have asked the U.S. Supreme Court to intervene.
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