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House approves change to court tax power

The Missouri House gave first-round approval Tuesday to a constitutional amendment that would bar courts from levying or increasing taxes. In a two-hour debate on the House floor, supporters said the measure, if approved by voters, was a pre-emptive measure ...

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Altria decision limits punitive awards

The U.S. Supreme Court tightened the constitutional limits on punitive damages, setting aside a $79.5 million award in a smoker case against Altria Group’s Philip Morris USA unit. The justices, voting 5-4 in the case of an Oregon man who ...

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Microsoft case challenges patent suits

U.S. software makers and Web site operators will find themselves in an unusual position this week: rooting for Microsoft Corp. Companies that normally focus on thwarting the world’s largest software company stand to benefit if it defeats AT&T in a ...

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Nation Briefs

Dow Chemical loses in $22 million tax fight Dow Chemical Co. lost a U.S. Supreme Court bid to recoup $22 million in a fight over company-owned life insurance policies that a lower court said were “economic shams” created for the ...

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State and Region Briefs

Smith Barney accuses former worker of stealing clients A former employee of financial giant Smith Barney faces accusations that he developed a scheme to take his clients with him when he went to work for a competitor. In the federal ...

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Bill would bar courts from taxing

The Missouri House gave first-round approval Tuesday to a constitutional amendment that would bar courts from levying or increasing taxes. In a two-hour debate on the House floor, supporters said the measure, if approved by voters, was a pre-emptive measure ...

Read More »