Tougher File-Trading Bill Moves Forward
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Controversial plan could force file swappers to face criminal charges.
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The Senate appears to be nearing a final vote on a bill that would give President Bush one of his top second-term priorities by shifting many class action lawsuits from state to federal courts.
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Fueled in part by election-year politics, a bill loaded with tax breaks and topped off by a $10.1 billion buyout for tobacco farmers was advancing toward a final vote in the House as early as today.
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Supporters of a major rewrite of corporate tax law are optimistic they will be able to complete congressional action this week on legislation needed to end a bitter trade fight with Europe and shower &#36;130 billion in new tax breaks on businesses.
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The Senate moved closer on Monday to a showdown over an economic stimulus plan, with Democrats looking to offer a bigger package providing more benefits to more people than White House-backed legislation passed by the House of Representatives.
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After cobbling together a string of copyright bills in the hopes of gaining enough support for final passage, lawmakers are ripping the package asunder in
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The Motion Picture Association of America will begin suing online file traders this month, pursuing a strategy similar to one employed by the recording industry during the past year.
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The U.S. Securities and Exchange  Commission pushed ahead on Wednesday with reforms of the  $7.5-trillion mutual fund industry amid scandals that have  shaken fund investors' confidence.
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A bill that would make it easier to sue online file-trading networks like Kazaa appeared on Friday to have died a quiet death, but other copyright bills sought by the entertainment industry continued to advance.
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Hopes for more tax relief, looser regulations, and an increase in trade.
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Baseball players and owners have made progress toward toughening rules on steroid testing, a move that would pre-empt congressional intervention.
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Two senators who have threatened punitive legislation against China for its currency system shelved their bill yesterday, saying that they still believe Beijing is practicing unfair trade but that a less confrontational approach will work better.
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Description: The Senate on Friday scrambled to finish work on the biggest revision of corporate tax codes Congress has considered since 1986.
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Regulatory hurdles still to be jumped
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House and Senate negotiators hope to wrap up work on a major rewrite of corporate tax law that would end a nasty trade dispute with Europe while showering more than &#36;130 billion in tax breaks on a wide variety of businesses from ethanol producers to movie makers.
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Legislation would change procedure to challenge patents and assess damages.
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A bill that would make it easier to  sue online file-trading networks like Kazaa appeared on Friday  to have died a quiet death, but other copyright bills sought by  the entertainment industry continued to advance.