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Business Group, 26 States Take Healthcare Law Challenge to Supreme Court

Twenty-six states and a small business group appealed Wednesday to the Supreme Court seeking to strike down all of President Barack Obama’s signature 2010 healthcare law. The states and the National Federation of Independent Business said in separate appeals the …

BB&T Expands in Baltimore Area, Acquires Atlantic Risk Management

Insurance broker BB&T Insurance Services is acquiring Atlantic Risk Management Corp. of Columbia, Maryland. The move allows BB&T Insurance Services to expand to the metro Baltimore area. The transaction is expected to be completed in October. Terms were not disclosed. …

Port Authority Cleared of Negligence Claims in ’93 WTC Bombing

Last week, New York State’s high court cleared Port Authority of New York and New Jersey of negligence claims in the 1993 World Trade Center parking garage bombing. The Sept. 22 ruling reverses lower courts’ decision. The Court of Appeals …

FEMA Again Urges At-risk Communities to Buy Flood Insurance

Last month’s Hurricane Irene was a rude awakening for many East coast residents and businesses that reminded them the importance of flood insurance. Federal Emergency Management Agency, which administer the National Flood Insurance Program, said it is constantly reaching out …

Workplace Fatalities Decline in Virginia

The number of workplace fatalities in Virginia last year fell to the lowest level since the state began reporting such data in 1992. The number of fatalities fell to 104 from 119 in 2009. The state Department of Labor and …

Facebook Policies Tricky for Employers, Employees

In the age of instant tweets and impulsive Facebook posts, some companies are still trying to figure out how they can limit what their employees say about work online without running afoul of the law. Confusion about what workers can …

Congress Raises Anxiety, Anger Levels of Disaster Victims

For disaster victims rebuilding their homes, towns and lives, the anxiety is matched only by anger at Congress for entangling their future in a political battle over government spending. A sharply divided Congress has repeatedly rejected a deal that included …

Rating Agencies Win Dismissal of Ohio Funds Lawsuit

The three major credit-rating agencies won the dismissal of a lawsuit alleging that five Ohio pension funds lost hundreds of millions of dollars on risky mortgage debt because they relied on flawed ratings that made the debt appear safe. U.S. …

Republican Ryan Proposes Individual Health Insurance Tax Credit

Republican Rep. Paul Ryan, an outspoken opponent of President Barack Obama’s healthcare reform, proposed a plan Tuesday that could effectively dismantle the way most Americans get health insurance by reducing incentives to join employer-sponsored plans. In a speech at Stanford …

Judge Narrows $1B Madoff Case vs. N.Y. Mets Owners

A federal judge narrowed a $1 billion lawsuit against owners of the New York Mets baseball team by the trustee seeking money for Bernard Madoff’s victims, and cast skepticism on how much might ultimately be recovered. Tuesday’s ruling by U.S. …

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