The type of asset swap New Orleans Saints and Pelicans owner Tom Benson is attempting to try to regain complete control of his business interests from recently estranged heirs is being challenged in a new lawsuit in Texas.
China played down U.S. concerns that proposed anti-terror legislation would give the Chinese government sweeping power to police electronic communications and marginalize foreign companies fighting for a share of China's $465 billion technology market, saying Tuesday that the law is purely designed to address domestic security issues.
Brazil's attorney general on Tuesday asked the nation's Supreme Court for permission to investigate 54 top political figures for alleged involvement in what prosecutors say is the country's largest corruption scandal yet uncovered.
A legendary billionaire investor defended his Silicon Valley venture capital firm Tuesday while testifying in a high-profile sex discrimination lawsuit that has accused the firm of being an all-boys club where women were denied chances to advance and treated as second-class citizens.
Xcel Energy plans to ask Colorado's utility regulator to OK rate increases of around 3 percent this year and in the next two years, saying Tuesday it needs the money to pay for about $1 billion in new pipes, and other safety and reliability improvements.
A measure expanding Iowa's ban on texting while driving advanced Tuesday through a Senate committee, without a key provision that would have prohibited any use of hand-held cellphones or other devices.
In an ambitious first budget plan, Gov. Tom Wolf on Tuesday proposed more than $4 billion in higher state taxes on income, sales and natural gas drilling to support a huge injection of money into schools and property tax cuts as part of an overhaul of the way public education is funded.
Louisiana's business-lobbying groups are calling a centerpiece of Gov. Bobby Jindal's budget proposal a multimillion-dollar tax hike on business, pitting the governor against powerful industry leaders in the upcoming legislative session.
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