July 28- Shares of AcelRx Pharmaceuticals Inc plunged nearly 28 percent in premarket trading, after the U.S. Food and Drug Administration rejected its pain drug device, Zalviso, late on Friday. AcelRx said it would resubmit its marketing application for Zalviso by the end of the year, pending further discussions with the FDA.» Read More
BELGRADE, July 27- Serbia's government adopted a new privatisation bill and proposed changes to bankruptcy law on Sunday to speed up the sale of loss-making state-owned companies. The laws, which have yet to be passed by parliament, are a pre-condition for the release of a $250 million World Bank budget support loan.
BELGRADE, July 27- Serbia's government adopted a new privatization bill and proposed changes to bankruptcy law on Sunday to speed up the sale of loss-making state-owned companies. The laws, which have yet to be passed by parliament, are a pre-condition for the release of a $250 million World Bank budget support loan.
The FHFA filed 18 lawsuits against Goldman and other banks in 2011 over about $200 billion in mortgage-backed securities that later went sour.
NEW YORK, July 26- A deal to resolve a U.S. regulator's claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and Freddie Mac leading up to the financial crisis could cost the bank between $800 million and $1.25 billion, according to a person familiar with the matter.
DETROIT, July 26- Nissan Motor Co has expanded by 226,326 vehicles a recall of older models equipped with defective air bags made by Japan's Takata Corp, Nissan said in an amended filing posted Saturday by U.S. safety regulators.
NEW YORK, July 25- Lyft Inc will launch ride-sharing operations on Friday evening in New York City after reaching an agreement with New York authorities over the company's compliance with state licensing and insurance regulations.
The Securities and Exchange Commission announced the settlement with Citigroup's LavaFlow Inc. on Friday. The settlement includes a $2.85 million penalty, the largest the SEC has imposed on an alternative trading system.
NEW YORK, July 25- A business unit of Citigroup will pay $5 million to settle civil charges that one of its private trading venues violated federal law by failing to protect clients' confidential trading data, U.S. regulators said on Friday.
SEATTLE— An Amazon.com employee from out of town was the operator of a drone that buzzed the Seattle Space Needle this week, police said. Amazon.com Inc. recently asked the Federal Aviation Administration for permission to use drones as part of plans to deliver packages to customers in 30 minutes or less.
WASHINGTON, July 25- A business unit of Citigroup will pay $5 million to settle civil charges that one of its private trading venues violated federal law by failing to protect its clients' confidential trading data, U.S. regulators said Friday.
July 25- Allergan Inc, known best for its Botox wrinkle treatment, said on Friday that European Union regulators had recommended use of its eye drug Ozurdex be extended to treat patients with diabetic macular edema.
DETROIT— U.S. safety regulators are investigating whether an electrical problem can knock out the air bags on some older Hyundai Sonatas. The National Highway Traffic Safety Administration says it has received 83 complaints about the problem. Hyundai will cooperate with the NHTSA in its investigation, company spokesman Jim Trainor said in an email.
Corinthian Colleges Inc is the first university operator in the United States to feel the force of a government crackdown on the $28 billion for-profit education sector. As part of an agreement with the Department of Education- the same deal to which Wickiser's login page made reference- Corinthian has six months to sell most of its campuses or close them down.
*Gold fix company to detail new code of conduct. LONDON, July 25- The company operating the gold price' fix' has appointed a supervisory committee to oversee the century-old system of benchmarking gold prices ahead of the implementation of stricter regulations, its website showed on Friday.
BEIJING— A government newspaper says Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly. Citing a planning agency official, the China Daily on Friday said the results of an investigation into Qualcomm will be released soon.
Report: Chinese regulators conclude chip supplier Qualcomm Air Algerie jetliner with 116 people on board crashes in rainstorm in restive Mali Fewer and fewer US layoffs mean job security is as strong as it's been in more than 8 years Obama calls anew for limits on US company mergers overseas, says it's a question of patriotism Amazon shares fall on deeper-than-expected 2nd- quarter loss Starbucks 2nd- quarter profit rises as food offerings become a bigger driver to cafes Growth in payments volume helps drive Visa's 3 Q profit higher; outlook misses Street view Stocks end little changed as investors work through earnings and economic reports IMF cuts global growth forecast because of slowdowns in US, Russia and emerging markets Oil falls near $102, erasing previous day's gains, amid concern about US gasoline demand
DALLAS— Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric Delivery Co., according to a filing Thursday with the U.S. Securities and Exchange Commission.
Nearly five years after Congress passed a law enabling future approval of biosimilars, for the first time the FDA has accepted an application to sell a similar, but not identical, version of a biologic drug.
In a somewhat tense exchange at a congressional hearing, SEC Corporation Finance Director Keith Higgins and Massachusetts Democrat Stephen Lynch went back and forth over the issue, with Higgins saying the SEC does not use waiver denials to punish wrongdoers. "The SEC needs to ensure that the American people are protected from egregious conduct...
*China food regulator visits 581 food-related businesses. Shanghai police detained five people on Wednesday, including the head and the quality chief of Shanghai Husi Food, a supplier to foreign fast-food brands including KFC, McDonald's Corp and coffee chain Starbucks Corp over allegations it supplied out-of-date meat.