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• ANTITRUST E.U. fines Visa $14.5M for restricting competition BRUSSELS (AP) � European Union regulators have fined Visa $14.5 million for refusing to let Morgan Stanley issue Visa credit cards in Europe. For 6 1/2 years, Visa shut the bank out of the network it runs to allow banks to issue cards and accept payments across Europe. It finally relented in September 2006, allowing Morgan Stanley to join. The European Commission said Visa had no good reason to keep the bank out and that its actions restricted competition. Visa had claimed that its own rules would not allow it to accept a rival card issuer. Morgan Stanley owns the Discover card network in the United States. The European Union said this should not have mattered because Discover cards were not available in Europe. • ARBITRATION Firm awarded $172M in Argentine firms dispute SAN DIEGO (AP) � Sempra Energy, the parent of San Diego Gas & Electric and Southern California Gas Co., said it was awarded a $172 million settlement stemming from a 2002 dispute over the company’s minority ownership in two Argentine natural gas holding companies. The company argued that the value of the two companies, Sodigas Pampeana and Sodigas Sur, fell after being taken over by the Argentine government in 2002. The International Centre for Settlement of Investment Disputes in Washington awarded the settlement. • MEDICAL MALPRACTICE $12M award for parents of boy disabled at birth WHEATON, ILL. (AP) � An Illinois state jury has awarded $12 million to the parents of a 7-year-old boy who was disabled at birth. Benjamin Hayes, though of normal intelligence, has no control over his limbs. He requires a feeding tube and will be in a wheelchair for his entire life. Aaron and Michelle Hayes, the boy’s parents, argued that Dr. Steven Ambrust was responsible for a 45-minute delay in delivering oxygen at the beginning of the unplanned C-section surgery. The delay deprived the child of an adequate amount of oxygen, causing his disability. • PERSONAL INJURY Longshoreman settles accident suit for $13.2M CHARLESTON, S.C. (AP) � A longshoreman injured in a dock accident in 2004 has settled a personal injury lawsuit for $13.2 million. Michael Clarkin was injured when a steel shipping container fell onto his sport utility vehicle at the state Ports Authority’s North Charleston, S.C., terminal. He suffered injuries to his legs, back and nervous system. • POLLUTION Pulp mill reaches $5M settlement with agencies EUREKA, CALIF. (AP) � Federal, state and regional air-quality authorities have reached a $5 million settlement with a pulp mill that they said had repeatedly violated emissions standards. The settlement with Evergreen Pulp Inc. will reduce air pollutants by about 340 tons each year. About $4.1 million will go toward emission control equipment and $900,000 will go to fines to the U.S. Environmental Protection Agency, California Air Resources Board and North Coast Unified Air Quality Management District. • REGULATORY ACTION Drug maker pays $515M to settle marketing probe BOSTON (AP)Drug maker Bristol-Myers Squibb Co. and a former subsidiary have agreed to pay more than $515 million to settle federal and state investigations into their marketing and pricing practices. Government investigators alleged that, from 2000 to 2003, Bristol-Myers Squibb paid illegal consulting fees to induce doctors and other health care providers to buy the company’s drugs. The New York-based company also allegedly promoted the sale of some drugs for uses for which they had not been approved. • SEXUAL HARASSMENT $11.6M award for former New York Knicks official NEW YORK (AP) � A New York federal jury decided that Madison Square Garden and its chairman must pay $11.6 million in damages to former New York Knicks executive Anucha Browne Sanders in her sexual harassment lawsuit. The jury found that MSG owes $6 million for allowing a hostile work environment to exist and $2.6 million for retaliation. MSG Chairman James Dolan owes $3 million. A verdict found that Knicks coach Isiah Thomas subjected Browne Sanders to unwanted advances and a barrage of verbal insults, but that he did not have to pay punitive damages. • WAGES AND HOURS Judge orders Wal-Mart to pay additional $62.3M PHILADELPHIA (AP) � A Philadelphia state judge has awarded Wal-Mart Stores Inc. workers in Pennsylvania, who had previously won a $78.5 million class action award for working off the clock, a further $62.3 million because the company didn’t pay the initial judgment quickly enough.

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