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Judge Rejects $20 Million Severance For American Airlines CEO

The judge says the severance would violate a federal code aimed at reining in large payouts to departing CEOs of bankrupt companies.

Wholesale Prices Plunge, But So Do Retail Sales

The good news: Inflation remains in check. The bad news: Consumers were less willing to spend last month.
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D.C. Scratch-Off Lottery Vendor Avoids Participation Law

A company just granted a four-year contract to run the scratch-off lottery ticket program in the District has evaded a law mandating it to employ local labor for seven years.


Startup CEO Wields Small Antenna In TV Streaming Battle

Television networks are up in arms. The new company Aereo is charging a monthly fee to provide a high-definition feed of the basic over-the-air channels, and the stations aren't seeing a penny of it. But CEO Chet Kanojia thinks he's figured out a legal loophole.

The Tax Code, Translated Into Plain English

Intangible drilling costs! De minimis fringe! And other essential corners of the tax code, explained.

In The Wake Of Brazil's Boom, Prices To Match

Over the past few years, incomes in Brazil rose and unemployment plunged to record lows. But now — as the country prepares to host the World Cup and the Olympics — the numbers are changing. Growth is slowing and inflation is creeping up. Tourists and Brazilians alike are feeling the pinch.

Price Tag On Cyprus Bailout Goes Up

The part of the bailout coming from Cyprus had been estimated at $23 billion, but officials say it will now cost $30 billion.

A Legal Twist In The Effort To Ban Cameras From Livestock Plants

Legislation introduced in several states would require anyone who records evidence of animal abuse to turn it over to authorities within a set period of time. But animal rights activists aren't welcoming these measures: They see the bills as veiled attempts to stifle long-term undercover investigations that can prove a pattern of abuse.