GO
Loading...

Carl Levin

More

  • WASHINGTON, Sept 17- Hackers associated with the Chinese government have repeatedly breached the computer systems of U.S. companies, including airlines and technology firms, that are involved in the movement of U.S. troops and military equipment, a U.S. Senate panel has found.

  • WASHINGTON, Sept 16- U.S. lawmakers are considering proposals to deal with a rising number of U.S. companies reincorporating overseas to slash their tax bills.

  • WASHINGTON, Aug 14- A senior U.S. senator said on Thursday he has written to Hospira Inc and urged the drug and medical device maker not to move its tax domicile abroad to save on U.S. taxes.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2:30 P M ET Friday, 8 Aug 2014 | 2:38 PM ET

    Pfizer confronts surge of lawsuits over Lipitor. Pharmaceutical giant Pfizer is facing a mounting number of lawsuits by women who say the company knew its blockbuster anti-cholesterol drug Lipitor was linked to a small increased risk of type-2 diabetes but never properly warned the public.

  • Levin's investigators have met with representatives from Goldman Sachs and JPMorgan Chase in recent weeks, according to sources familiar with the matter. Spokesmen for Goldman and JPMorgan declined to comment.

  • WASHINGTON, Aug 7- An influential U.S. senator is encouraging the Internal Revenue Service to stamp out deals that allow companies to relocate their headquarters overseas in search of lower tax rates.

  • WASHINGTON, July 29- Corporations that move their tax domiciles abroad would be denied federal contracts under legislation offered on Tuesday by Democrats in the U.S. Congress, targeting tax-driven deals known as inversions.

  • WASHINGTON, July 29- An attorney at the U.S. Securities and Exchange Commission who once helped craft legislative language for the "Volcker rule" and other major pieces of the 2010 Dodd-Frank financial reform law is returning to Capitol Hill.

  • WASHINGTON, July 21- The head of a powerful U.S. Senate panel has accused Deutsche Bank AG and Barclays Plc of helping hedge funds avoid taxes, calling for tougher action from the authorities.

  • Treasury Secretary Jacob Lew urged Congress on Wednesday to take steps quickly to discourage U.S. companies from moving their tax domiciles abroad to avoid federal taxes. "Congress should enact legislation immediately," Lew told a business conference in New York hosted by cable television channel CNBC.

  • WASHINGTON, July 15- The U.S. stock market regulator should eliminate two pricing models that can create conflicts of interests for brokers, the head of a powerful Senate panel wrote in a letter released on Tuesday.

  • WASHINGTON, June 17- The pricing model used by U.S. stock exchanges to attract liquidity came under fire on Tuesday, as several Wall Street executives called for ending the practice and two U.S. senators raised concerns about the potential conflicts it creates.

  • DUBLIN, June 10- The European Commission will launch a formal investigation on Wednesday into Apple Inc's tax arrangements in Ireland, Irish state broadcaster RTE reported, without naming its source.

  • DUBLIN, June 10- The European Commission will launch a formal investigation on Wednesday into Apple Inc's tax arrangements in Ireland, Irish state broadcaster RTE reported, without naming its source.

  • DUBLIN, June 10- The European Commission will launch a formal investigation on Wednesday into Apple Inc's tax arrangements in Ireland, Irish state broadcaster RTE reported, without naming its source.

  • JPMorgan Bet Against Itself in 'Whale' Trade Wednesday, 30 Jan 2013 | 1:44 AM ET

    There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billion in trading losses last year. Some of the firm's own traders bet against the very derivatives positions placed by its chief investment office, said three people familiar with the matter.

  • Senate Leaders in Deal to (Sort of) Muzzle Filibusters Thursday, 24 Jan 2013 | 4:07 PM ET
    Mr. Smith Goes to Washington

    The Senate's senior Democrat and Republican reached a tentative agreement to impose modest limits on the filibuster, the delaying tactic that minority parties have long used to kill legislation and was immortalized in the film "Mr. Smith Goes to Washington."

  • WASHINGTON, Oct 25- Two influential U.S. senators on Thursday urged regulators to resolve any differences and finish writing a controversial ban on proprietary trading known as the Volcker rule.

  • Is the High-End Consumer Cracking?     Friday, 11 May 2012 | 12:15 PM ET

    The FMHR traders discuss Senator Carl Levin's remarks on JPMorgan's losses and whether investors should buy Las Vegas Sands on its dip. Michael Binetti, UBS analyst, also weighs in on which retail stocks are a 'buy' or a 'sell.'

  • Senator Carl Levin on JPMorgan     Friday, 11 May 2012 | 12:00 PM ET

    Senator Carl Levin, (D-MI), a co-author of the Volcker Rule, discusses his understanding of JPMorgan's $2 billion trading loss, with CNBC's John Harwood.