Almirall SA dropped the most in more than two months after the Spanish drugmaker said it must hold an additional meeting with U.S. regulators before seeking approval to sell a new treatment for a lung disorder.
California’s voter-approved initiative banning same-sex weddings protects society’s “vital interest” in reproduction and childrearing and shouldn’t be thrown out, supporters of the law told an appeals court.
Backers of California’s Proposition 8 ban on gay marriage are seeking to throw out a federal judge’s decision to strike down the voter-backed initiative, saying the judge, who recently disclosed that he’s gay, should have disqualified himself from the case.
California’s ban on same-sex marriage was thrown out by a federal judge who ruled it deprives gays and lesbians of equal rights under the U.S. Constitution, setting the stage for an appeal that may reach the Supreme Court.
President Barack Obama’s inaugural address has raised hopes among civil rights advocates that his administration will urge the U.S. Supreme Court to allow gay marriage, at least in California and perhaps nationwide.
Bank of America Corp. is among a group of lenders that may face a wave of new lawsuits claiming cash-strapped counties were cheated out of millions of dollars by a system used for more than a decade to register mortgages.