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US: Law and Regulation

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  • Pinnacle, FTC reach agreement in principle Monday, 17 Jun 2013 | 9:09 AM ET

    LAS VEGAS-- Pinnacle has reached an agreement in principle with federal regulators on the structure of its proposed acquisition of rival Ameristar Casinos Inc..

  • Aetna to exit California's individual insurance market Saturday, 15 Jun 2013 | 2:31 PM ET

    June 15- Aetna Inc said on Saturday it has notified California's insurance regulator that it plans to stop selling health policies to individual consumers in the state at the end of 2013..

  • Deutsche Bank 'Horribly Undercapitalized': Regulator Saturday, 15 Jun 2013 | 4:30 AM ET
    Deutsche Bank AG's headquarters in Frankfurt, Germany.

    A top U.S. banking regulator called Deutsche Bank's capital levels "horrible" and said it is the worst on a list of global banks based on one measurement of leverage ratios.

  • The letter, which was reviewed by Reuters, was sent on May 21 by former securities broker David Evansen to Richard Ketchum, the chief executive officer of the Financial Industry Regulatory Authority and Susan Axelrod, FINRA's executive vice president of regulatory operations.

  • WASHINGTON, June 14- A top U.S. banking regulator called Deutsche Bank's capital levels "horrible" and said it is the worst on a list of global banks based on one measurement of leverage ratios.

  • SolarCity shares rise following analyst's upgrade Friday, 14 Jun 2013 | 1:05 PM ET

    SolarCity Corp. shares jumped Friday after a CreditSuisse analyst upgraded the company's stock. THE SPARK: Analyst Satya Kumar raised SolarCity to "Outperform" from "Neutral" based on new financing arrangements, lower operating costs and potential favorable changes to the regulatory environment in California.

  • Bring on the Bitcoin Regulations: Winklevoss Friday, 14 Jun 2013 | 11:27 AM ET
    Tyler and Cameron Winklevoss

    Government regulations will actually help bitcoin, not hurt it, digital currency entrepreneur Cameron Winklevoss says.

  • Start-Ups, Investors Bet on Drone Economy Friday, 14 Jun 2013 | 9:32 AM ET
    A drone on display in the exposition hall of the Border Security Expo in Phoenix

    Entrepreneurs and investors are betting on a future full of flying robots that can do anything from survey crops to make a delivery.

  • Grocers Allege Potato Group Pumped Up Spud Prices Friday, 14 Jun 2013 | 9:10 AM ET

    A battle between grocers and potato growers has been silently hitting shoppers' pocketbooks, according to a wholesaler accusing America's spud farmers of driving up prices.

  • *Russia says U.N. decisions by' consensus' are too vague. *Belarus, Ukraine back Moscow after defeat in Qatar. Seething after they were overruled in a consensus decision at U.N. talks in Qatar last year, Russia, Belarus and Ukraine blocked one strand of two-week climate talks in Bonn ending on Friday, by insisting on clearer rules for decision-making.

  • DETROIT, June 14- Detroit's creditors will begin to learn on Friday morning what they can recover without driving the financially troubled city into bankruptcy when the city's emergency manager unveils his restructuring plan.

  • FDA backs new for Amgen drug for rare bone tumors Thursday, 13 Jun 2013 | 7:08 PM ET

    Biotech drugmaker Amgen Inc. said Thursday that the Food and Drug Administration has approved a new use for its bone drug Xgeva. The company, based in Thousand Oaks, Calif., said it now can market Xgeva for treating a rare condition, giant cell tumor of bone, when surgery isn't practical.

  • *Royalty wins relief to appeal Takeover Panel ruling. DUBLIN, June 13- Royalty Pharma won an Irish court injunction against a regulator on Thursday, allowing the U.S. company to appeal a ruling on conditions that threaten to scupper its hostile bid for Elan Corp.. However, this was change forbidden by the Irish Takeover Panel.

  • *Myriad Genetics shares rise after ruling, then fall. WASHINGTON, June 13- A unanimous U.S. Supreme Court on Thursday prohibited patents on naturally occurring human genes but allowed legal protections on synthetically produced genetic material in a compromise ruling hailed as a partial victory for patients and the biotechnology industry.

  • June 13- The U.S. Supreme Court decided on Thursday that human genes cannot be patented, but said patents on synthetically produced genetic material are valid. The Supreme Court case involved Myriad Genetics Inc and its patents on two genes known to raise the risk of breast and ovarian cancers.

  • IPO roundup: Coty, HD Supply Thursday, 13 Jun 2013 | 2:42 PM ET

    Among the initial public offerings stories for Thursday, June 13, from AP Business News:. _ Shares of beauty products company Coty Inc. dropped in their first day of trading on the New York Stock Exchange. _ HD Supply may raise up to $1.33 billion in its initial public offering, according to a filing by the industrial distributor with federal regulators.

  • UPDATE 1-NY approves CH Energy sale to Fortis of Canada Thursday, 13 Jun 2013 | 2:29 PM ET

    June 13- New York utility regulators on Thursday approved Canadian power company Fortis Inc's $1.5 billion purchase of CH Energy Group Inc, the parent of New York power company Central Hudson.

  • State, feds seek cash penalty over Ark. oil spill Thursday, 13 Jun 2013 | 2:21 PM ET

    NORTH LITTLE ROCK, Ark.-- State and federal authorities want a judge to find ExxonMobil broke the law when a pipeline failed at Mayflower and spilled an estimated 150,000 gallons of crude oil in a neighborhood and adjacent waterway, authorities announced Thursday.

  • June 13- New York utility regulators on Thursday approved Canadian power company Fortis Inc's $1.5 billion agreement to buy CH Energy Group Inc, the parent of New York power company Central Hudson.

  • *Standard Chartered's Meddings, Sainsbury's King possible candidates. LONDON, June 13- Royal Bank of Scotland will struggle to recruit a suitable replacement for ousted chief executive Stephen Hester, someone who must steer it through privatisation and accept that political interference comes with the job.

Most Popular Video

Tuesday, 18 Jun 2013 | 4:37 PM ET

DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.

Wednesday, 19 Jun 2013 | 6:31 AM ET

John Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.

Wednesday, 19 Jun 2013 | 8:53 AM ET

Ken Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."