July 10- Bank of America Corp has asked regulators to approve a higher quarterly dividend of 5 cents per share after it withdrew a previously planned increase in April, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.» Read More
*Banks welcome easing of leverage ratio calculation. LONDON, Jan 12- Global banking regulators agreed on Sunday to ease the way a new rule, meant to rein in risky balance sheets from 2018, is compiled to try to avoid crimping financing for the world's economy.
WASHINGTON, Jan 12- When a prominent U.S. appeals court last year slashed President Obama' s power to appoint government officials, many legal experts said the Supreme Court would be unlikely to let that surprising decision stand. Noel Canning, revolves around the president's power to appoint top officials with the "advice and consent" of the Senate.
Veterans Affairs is under scrutiny for how it purchases and manages surgical implants, according to a federal report CNBC has obtained.
The U.S. is investigating export and import procedures at Honeywell after the firm included Chinese parts in equipment it built for the F-35 jet.
The chair of the panel probing lane closures said Gov. Christie could be impeached if he knew of efforts to use the bridge for political purposes.
N.J. Gov. Christie is facing a potential class-action lawsuit arising from the monster traffic jams his aides are accused of creating.
Diamond Foods will pay $5 million to settle civil charges that the company and two former top executives misled investors by lying to boost earnings.
Alcoa and a joint venture it controls will pay $384 million to settle charges that their subsidiaries bribed officials in Bahrain.
Former Enron executive Jeffrey Skilling has been moved to a minimum-security prison camp. Skilling could be out of prison in 2017.
The IRS says last year there was a 66 percent increase from 2012 in tax fraud from Social Security identity theft of nearly $50bln in refund claims.
More than 100 people, including former police officers and firefighters, were arrested Tuesday in a broad disability scam, the Manhattan DA's office says.
Former NYC police, firefighters and other city workers faked mental disabilities to defraud Social Security benefits, NBC 4 New York reports.
The Supreme Court order remains in effect while a federal appeals court considers the case.
Government regulations aimed at reducing reducing risk at the nation's banks in the wake of the 2008 financial crisis are having the opposition effect, bank analyst Dick Bove tells CNBC.
BlackBerry is filing suit against Typo Products to block the company from selling a keyboard identical to the smartphone maker's.
Idaho's governor says the corrections department will take over operation of the largest privately run prison in the state.
At the stroke of midnight, hundreds of new laws go into effect around the country. Here's a sampling. NBC News reports.
Wells Fargo will pay a net $541 million to Fannie Mae to settle claims over defective home loans.
A US judge two German firms cannot be held liable for allegedly aiding and abetting South Africa's former apartheid government.
Sources briefed on the insider trading investigation into Steven A. Cohen, the head of SAC Capital, say that a call in 2009 raised his suspicions.
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