Corporate cash-hoarding continues
Even as the economy improves, corporate America continues to pile up record amounts of unused cash, Bloomberg reports. Read more at Counterparties
Read
- Bridge collapses in Washington state, sending cars into river
- Magnitude 5.7 quake strikes Northern California: U.S. Geological Survey
- Large U.S. retailers sue Visa, MasterCard over card fees
- British police ponder conspiracy after soldier murder
|
- Analysis: Markets face rough summer ride as Fed pullback feared
Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more
Sponsored Links
Judge clears path for shutdown of major California medical pot shop
SAN FRANCISCO |
SAN FRANCISCO (Reuters) - A judge paved the way for federal authorities to close a California medical marijuana dispensary on Thursday that bills itself as the world's largest, dismissing a challenge by the city of Oakland to a federal crackdown targeting the facility, court papers showed.
Magistrate Judge Maria-Elena James wrote in a 10-page ruling that a local attorney had successfully argued the federal government was immune from Oakland's lawsuit under the Administrative Procedures Act, which sets out how U.S. agencies develop and issue regulations.
(Reporting by Ronnie Cohen, Writing by Alex Dobuzinskis; Editing by Cynthia Johnston)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters