Law & Regulation

Wal-Mart Stores Inc. and other large retailers claimed victory in Chicago after the City Council failed to override Mayor Richard Daley's veto of an ordinance requiring them to increase their minimum wage.
The last time the European Union decided the future of its 50 billion euro agricultural aid program, in 2005, the deal was cut behind closed doors in a luxury suite at the five-star Conrad Brussels hotel. Now, 2013 is closer at hand and a new round of maneuvering has begun to reshape the richest system of agricultural handouts in the world.
The United States is investigating reports Indian nationals were victims of human trafficking to Iraq and mistreated while working there as contractors in U.S. military camps, the State Department has said.
Adrian Elcuj Miranda, a judge in Buenos Aires, has ordered the seizure of Chevron's assets in Argentina, to force the company to pay a $19 billion penalty for polluting the Amazon in Ecuador.
Bank of America leads the list of companies that have paid over $1 billion in penalties and fines to the U.S. government in the last six years. Violation Tracker, a new corporate misconduct database maintained by Good Jobs First, estimates that the North Carolina bank has paid $56 billion.
The head of the Federal Communications Commission and other senior officials said on Monday that they were considering taking steps to discourage cable and telephone companies from delaying the downloads and uploads of heavy Internet users.
For years, most industry groups have fought any effort to limit carbon dioxide and other gases linked to global warming, warning of dire consequences for the U.S. economy. But with growing public anxiety about climate change, major corporations are increasingly preparing for -- and, in some cases, lobbying for -- Congress to regulate emissions of heat-trapping gases.