US: Law and Regulation
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WASHINGTON, April 4- Four mortgage insurers settled claims from the U.S. consumer watchdog that they paid kickbacks to mortgage lenders in exchange for business.
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WASHINGTON, April 3- The U.S. Internal Revenue Service and 3 M Co are fighting over royalty payments from the company's Brazilian unit to its U.S. headquarters in a case that highlights how tax complications often emerge from doing business in Brazil.
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The Environmental Protection Agency said Friday that the proposal would raise gasoline prices by less than a penny a gallon and add about $130 to the price of new vehicles, beginning in 2025.. CVR Refining LP on Wednesday estimated its costs to meet the new standards at less than $20 million.
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DETROIT, April 3- Mitsubishi Motors Corp is recalling 8,263 Outlander crossover vehicles in the United States and Puerto Rico for three different issues related to brake lights, fuel gauges and shifting the vehicles out of park, federal regulators said on Wednesday. There are 4,539 vehicles affected in the United States and Puerto Rico, the company told NHTSA.
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Businesses and wealthy owners of estates ask the IRS for changes to a 3.8 percent tax on investment income to fund Obamacare.
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MADISON, Wis.-- Republican legislators have asked an advisory council to review a package of changes to Wisconsin's unemployment benefit rules, including linking eligibility to the state's unemployment rate, devoting millions in tax dollars to reducing federal debt and scaling back benefits during training in an effort to help the state recover from a surge of unemployment claims during the recession.
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DETROIT, April 3- Hyundai Motor Corp and its Kia Motors affiliate are recalling more than 1.8 million cars and SUVs in the United States to address a potentially faulty switch and a loose headliner, according to U.S. safety regulators.
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DETROIT, April 3- Hyundai Motor Corp and its Kia Motors affiliate are recalling more than 1.8 million cars and SUVs in the United States to address a potentially faulty switch and a loose headliner, according to U.S. safety regulators.
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SAN JUAN, Puerto Rico-- U.S. Supreme Court Justice Sonia Sotomayor visited Puerto Rico to present her new memoir on Tuesday, drawing hundreds of fans in her parents' homeland. Sotomayor greeted a large crowd of students and teachers Tuesday morning as she entered the Law School of the University of Puerto Rico, where she spoke about her memoir, " My Beloved World."
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Stockton and San Bernardino, the two California cities that have filed for bankruptcy protection, are both considered test cases in the epic battle over whether municipal bondholders or pensioners will absorb most of the pain when a government goes broke.
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LITTLE ROCK/ HOUSTON, April 2- U.S. pipeline regulators on Tuesday ordered Exxon Mobil Corp to take necessary corrective action for its ruptured pipeline that spilled thousands of barrels of crude oil into a small Arkansas housing development last week.
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April 2- J.C. Penney Co Inc Chief Executive Ron Johnson received total compensation of $1.9 million in 2012, according to a regulatory filing on Tuesday, a sharp decline after a year that saw the department store chain's sales fall perilously.
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Goldman Sachs is raising up to $600 million for a publicly-traded credit fund that will buy risky loans. What could go wrong?
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WASHINGTON, April 2- U.S. regulators said on Tuesday that companies can use Twitter, Facebook and other social media to make key announcements as long as they tell investors which sites they will use, an effort to help companies navigate the new media age.
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LOS ANGELES, April 2- Stockton and San Bernardino, the two California cities that have filed for bankruptcy protection, are both considered test cases in the epic battle over whether muncipal bondholders or pensioners will absorb most of the pain when a government goes broke.
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WASHINGTON, April 2- Businesses and wealthy owners of estates and trusts asked the IRS on Tuesday for changes to a part of President Barack Obama's 2010 healthcare law that has received comparatively little attention: a 3.8 percent tax on investment income intended to provide the bulk of the law's funding.
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The SEC on Tuesday announced that public companies can use social media platforms like Twitter and Facebook to disclose key company information to investors.
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We look forward to continued engagement and successful collaboration with India on these issues, "said Andrea Mead, a spokeswoman for the U.S.
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MORRIS PLAINS, N.J.-- Drug developer Immunomedics said Tuesday that it expects to receive a payment of $16.7 million after settling allegations with a former broker that were brought before financial regulators. Immunomedics had referred the matter to the Financial Industry Regulatory Authority, a private regulator of brokerage firms and exchange markets.
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While some say it's a sign businesses are confident about the economy, it might also mean that they are trying not to raise salaries.