White House Government Agencies

  • WASHINGTON, Sept 26- The Federal Reserve will seek significantly more capital from the largest U.S. banks and give some relief to smaller banks as it considers reforms to its annual' stress test,' Fed Governor Daniel Tarullo said on Monday. The reforms will include a new capital' buffer' to better protect the financial system from a shock at the nation's largest...

  • Small businesses would get more information from the government about internet security under a bill that has passed the U.S. House. The Improving Small Business Cyber Security Act of 2016, which now goes to the Senate, calls on the Small Business Administration and Department of Homeland Security to create a strategy to increase business owners' awareness...

  • WASHINGTON, Sept 26- The United States said on Monday it had sanctioned a Chinese industrial machinery and equipment wholesaler, taking a step in tightening the financial noose around North Korea's nuclear program that the company has links with. The U. S Department of Justice said it had filed criminal charges against the Chinese firm and the individuals for...

  • WASHINGTON, Sept 26- The Federal Reserve will seek significantly more capital from the largest U.S. banks and give some relief to smaller banks as it considers reforms to its annual' stress test,' Fed Governor Daniel Tarullo said on Monday. The reforms will include a new capital' buffer' to better protect the financial system from a shock at the nation's largest...

  • WASHINGTON, Sept 26- The United States has charged four Chinese nationals and a China- based company for using front companies to evade U.S. sanctions on North Korea's nuclear weapons and ballistic missile programs, the U. S Department of Justice said on Monday. The department said it had filed criminal charges against Dandong Hongxiang Industrial Development...

  • Sept 26- Johnson& Johnson said on Monday that the U.S. Food and Drug Administration approved the company's blockbuster psoriasis drug, Stelara, for use in adults with Crohn's disease. The drug is approved in the United States to treat the skin condition scaly plaque psoriasis and a type of arthritis associated with psoriasis. These treatments include J&J's own...

  • LONDON, Sept 26- Gregory Peters, a senior investment officer at PGIM with over $600 billion of fixed income assets, said on Monday his fund had increased exposure to U.S. government bonds and pulled back on high-yield debt due to concerns about the economy. Federal Reserve left monetary policy unchanged at a meeting last week and indicated it would raise rates...

  • *The U.S. presidential debate between Republican Donald Trump and Democrat Hillary Clinton will take place at 0100 GMT on Tuesday, with investors looking for indications of who could win the race to lead the world's biggest economy. *Boston Federal Reserve President Eric Rosengren said on Friday that he believed interest rates should be raised gradually now...

  • MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari gives welcome remarks before the fourth "Ending Too Big to Fail" symposium- 1330 GMT. BRUSSELS- European Central Bank President...

  • MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari gives welcome remarks before the fourth "Ending Too Big to Fail" symposium- 1330 GMT. BRUSSELS- European Central Bank President...

  • comments weigh@ SAO PAULO, Sept 23- Latin American stocks and currencies fell on Friday as investors booked profits from a two-day rally after Boston Federal Reserve President Eric Rosengren said he believed rates should be raised gradually now. The two currencies also suffered the impact of a 4- percent slump in crude prices, a key export and source of tax...

  • Amjevita is the fourth biosimilar to be approved by the FDA and is expected to be sold at a discount to the original drug. Unlike generics, which are interchangeable with their branded counterparts, biosimilars approved by the FDA to date are not considered interchangeable and therefore are not called generic. The FDA has determined, however, that there is no...

  • The Food and Drug Administration cleared a near-copy of the drug, dubbed Amjevita, developed by Amgen Inc. Regulators approved the drug for more than a half-dozen conditions listed on the original drug's label, including severe psoriasis and Crohn's diseases. But currently only one biosimilar cleared by the FDA approval pathway is actually on the market in...

  • Amjevita is the fourth biosimilar to be approved by the FDA and is expected to be sold at a discount to the original drug. Unlike generics, which are interchangeable with their branded counterparts, biosimilars approved by the FDA to date are not considered interchangable and therefore are not called generic. The FDA has determined, however, that there is no...

  • Attorney General Loretta Lynch at the end of this month, two years after the Department of Justice opened an investigation into the shooting. Attorney Michael Wright, who represents the family of John Crawford III in a federal wrongful-death lawsuit delayed by the department's investigation, told the Dayton Daily News he is meeting with Lynch on Sept. 30.

  • SAN FRANCISCO, Sept 23- The split at the Federal Reserve over when to next raise interest rates appears to hinge largely on disagreements over the labor market outlook, comments from policymakers on Friday suggest. When the Fed earlier this week decided to stand pat on rates, Fed Chair Janet Yellen said she felt the labor market had more room to run before it could...

  • PHILADELPHIA, Sept 23- A trio of Federal Reserve officials said the United States needed to speed up work on issues like income inequality and community development, or risk weaker economic growth and more fractured politics in the future. "This inequality question that has come to the fore, I think, has implications for economic growth, for global strength and...

  • WASHINGTON/ NEW YORK, Sept 23- The Federal Reserve on Friday outlined a plan to limit Wall Street bets on the energy sector by forcing companies like Goldman Sachs and Morgan Stanley to hold more capital against such investments. The Fed also contemplated other limits like banning Wall Street control of power plants and prohibiting bank holding companies from...

  • SALT LAKE CITY— A Salt Lake City company specializing in the little-known business of tracking down heirs to unclaimed inheritances pleaded not guilty Friday in a federal antitrust case that's part of a wider U.S. Department of Justice probe into the industry. Kemp& Associates is accused of conspiring with fellow heir-tracking companies for more than 14...

  • *All three major indexes on track to end week higher. Sept 23- Wall Street was lower in early afternoon trading on Friday as investors assess valuations after a three-day rally spurred by optimism that the Federal Reserve will hold off from raising interest rates in the near term. "The market is taking a bit of a breather after a strong week," said Mike Bailey, director...