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Author Archives: Bloomberg News

Senate defeats bid to cancel contraception rule

The U.S. Senate defeated a Republican plan to let insurance plans and employers refuse to cover birth control and other health services that violate their religious beliefs.

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Kansas City outlook revised to negative over debt plan

Kansas City had the outlook for its AA credit grade revised to negative from stable by Fitch Ratings on concern that the city may borrow too much and that it hasn’t planned to increase pension funding.

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High Court won’t hear death row inmate’s evidence

The U.S. Supreme Court Monday refused to consider stopping the execution of Larry Ray Swearingen, a Texas death row inmate who says newly uncovered evidence proves his innocence.

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Monsanto settles suits for up to $93M

Monsanto Co., the world’s biggest seed company, agreed to settle all pending litigation relating to dioxin contamination from a plant in Nitro, W.Va., that produced Agent Orange herbicide decades ago.

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Michael Jordan sues Chinese sportswear company

Michael Jordan, the hall-of-fame basketball player who heads his own division at the world’s largest sporting-goods maker Nike Inc., sued a Chinese maker of sportswear and shoes for unauthorized use of his name.

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Military medals lies spur high court debate | Vote

U.S. Supreme Court justices grappled with whether Congress can make it a crime to falsely claim to have been awarded a military medal, in a case testing the reach of the Constitution’s free-speech protection.

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Study: ‘Worrisome’ arsenic level found in baby formula

A rice-based ingredient that sometimes contains arsenic was found in infant formula, prompting researchers at Dartmouth College to say there is an “urgent need” for regulatory limits on the carcinogen in food.

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MEMC reports $1.5 billion loss on polysilicon prices

St. Peters-based MEMC Electronic Materials, the second-largest U.S. polysilicon maker, posted a fourth-quarter loss as the price for the main raw material in solar cells plunged and it had costs related to cutting production and its workforce.

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