BOSTON — In April 2004, 4-year-old Justin Simmons was playing at the southwestern Virginia home of his day care providers, Roberta and Orvil Reedy. When Roberta stepped inside for a few minutes to change the diaper of his younger brother, ...
Read More »Some federal courts limiting access to online information
BOSTON — Two federal courts are clamping down on information once made available electronically in an effort to keep the documents off of Web sites designed to identify criminal informants and undercover agents. In a move lauded by prosecutors and ...
Read More »IRS issues new guidance on estates, irrevocable trusts
BOSTON — The Internal Revenue Service has released proposed regulations governing which deductible expenses of estates and irrevocable trusts would be subject to the “2 percent floor” on miscellaneous itemized deductions. The general rule is that itemized deductions for any ...
Read More »Time to reflect on the Sarbanes-Oxley Act of 2002
MILWAUKEE — It’s been five years since the passage of the Sarbanes-Oxley Act of 2002, and for many of us, it seems like it’s been around for a lifetime. While the intent behind the legislation was good, it has been ...
Read More »Banks plan new system to trade unregistered shares
Citigroup Inc. and three of the largest U.S. brokerage firms plan to create a system for institutional investors to trade unregistered securities, seeking to compete with Goldman Sachs Group Inc. in the growing market. Lehman Brothers Holdings Inc., Merrill Lynch ...
Read More »AstraZeneca ulcer drugs get U.S. review on heart risk
U.S. regulators disclosed a safety review of AstraZeneca Plc’s top-selling acid-reflex drugs Nexium and Prilosec after two small studies linked the medicines to heart attacks and death. AstraZeneca shares fell the most in three months. At the same time, the ...
Read More »West Nile virus gene mutation led to more lethal infections
West Nile virus became lethal in birds and caused more severe infections in people because of a gene mutation that occurred in the 1990s, scientists said. The genetic change allowed West Nile to grow much more rapidly in crows, one ...
Read More »Retail sales rose 0.3 percent in July
U.S. retail sales rose more than forecast in July, a signal that consumer spending will moderate, not collapse, as the housing recession persists. The 0.3 percent increase followed a revised 0.7 percent decline the prior month that was smaller than ...
Read More »Nation Brief
Director sues Amazon.com over ties to porn films A film director sued Amazon.com for $2.15 million, claiming that its movie database Web site Imdb.com falsely credits her as the director of two hard-core pornography movies. Imdb.com credits Nesya Shapiro Blue ...
Read More »Home by nap time
Julianne Popper Story, Kirsten Byrd and Kathy Bussing enjoy the atmosphere at Blackwell Sanders. Working Mother magazine and Flex-Time Lawyers recently named the firm one of the 50 best law firms for women. Photo by Peter Crawford Julianne Popper Story ...
Read More »Jury finds former council member guilty of mortgage fraud
A federal jury found former Kansas City Councilwoman Saundra McFadden-Weaver guilty of one count of conspiracy to commit wire fraud and six counts of wire fraud on Thursday. The jury deliberated about seven hours on Wednesday and Thursday before coming ...
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