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  • New California water rules fall short: Scientists Monday, 1 Jun 2015 | 4:34 PM ET
    The remnants of a marina are seen at the New Melones Lake reservoir east of Stockton, California, which is now at less than 20 percent capacity.

    California's new urban water use rules go into effect Monday, but the state must do more to prepare for the "new normal," a group of scientists say.

  • June 1- Takata Corp has told U.S. safety regulators it will no longer use a volatile chemical in its air bag inflators, which have been linked to six deaths since 2008.. The agreement to stop using ammonium nitrate was detailed by Takata executive Kevin Kennedy, in written testimony ahead of a hearing before a U.S. House panel on Tuesday. Discovery of a root cause of...

  • DETROIT, June 1- Takata Corp has told U.S. safety regulators it will no longer use a volatile chemical in its air bag inflators. The agreement to cease using ammonium nitrate was detailed by Takata executive Kevin Kennedy, in written testimony ahead of a hearing before a U.S. House panel on Tuesday. Discovery of a root cause of Takata's air bag problems "is not...

  • NEW YORK— Movie theater operator AMC Entertainment Holdings Inc. disclosed Monday that it received two requests for documents from U.S. agencies relating to an investigation of anticompetitive conduct. A spokesman from the Justice Department and a spokeswoman from the Ohio attorney general office declined to comment. Shares of AMC Entertainment fell 45...

  • Court bars defamation claim against Remington Monday, 1 Jun 2015 | 12:11 PM ET
    A shooter takes aim with a Remington Model 700 SPS Varmint rifle at the Spurwink Rod and Gun Club in Cape Elizabeth, Maine, Jan. 28, 2013.

    The Montana man who raised allegations about Remington Arms and its Model 700 rifle cannot sue the company, a court has ruled.

  • Companies landing subsidies   Monday, 1 Jun 2015 | 11:41 AM ET
    Companies landing subsidies

    One of the biggest industries receiving government subsidies is agriculture, reports CNBC's Eamon Javers.

  • WASHINGTON, June 1- The U.S. Supreme Court on Monday ruled in favor of a Muslim woman who sued after being denied a job at an Abercrombie& Fitch Co clothing store in Oklahoma because she wore a head scarf for religious reasons. On a 8-1 vote, the court handed a victory to the U.S. Equal Employment Opportunity Commission, a federal agency that sued the company on behalf of...

  • Muslim woman wins Abercrombie headscarf case Monday, 1 Jun 2015 | 10:39 AM ET
    Samantha Elauf (R) and her mother Majda Elauf of Tulsa, Oklahoma, pose for photographers outside the U.S. Supreme Court after the court heard oral arguments in EEOC v. Abercrombie & Fitch February 25, 2015 in Washington, DC.

    The US Supreme Court ruled in favor of a Muslim woman who filed a lawsuit after she was denied a job at an Abercrombie & Fitch.

  • WASHINGTON, June 1- The U.S. Supreme Court on Monday ruled in favor of a Muslim woman who filed a lawsuit after she was denied a job at an Abercrombie& Fitch Co clothing store in Oklahoma because she wore a head scarf for religious reasons. On a 8-1 vote, the court handed a win to the U.S. Equal Employment Opportunity Commission, a federal agency that sued the company on...

  • WASHINGTON, June 1- The U.S. Supreme Court on Monday ruled in favor of a Muslim woman who filed a lawsuit after she was denied a job at an Abercrombie& Fitch Co clothing store in Oklahoma because she wore a head scarf for religious reasons. On a 8-1 vote, the court handed a win to the U.S. Equal Employment Opportunity Commission, a federal agency that sued the company on...

  • May 29- Illinois has asked the federal energy regulator to investigate whether Dynegy Inc manipulated a power auction and to block $113 million in expected overcharges from that auction for the coming year, the regulator said on Friday. The charges will hit Illinois consumers who buy electric supply through Ameren Illinois, the local delivery service...

  • NEW YORK— Dollar Tree said Friday that it has agreed to sell 330 of its stores to the private equity firm Sycamore Partners in order to get regulatory approval for its $8.5 billion purchase of Family Dollar. The Federal Trade Commission required Dollar Tree to sell the stores before it would sign off on the Family Dollar acquisition. Dollar Tree prices all items...

  • May 29- Bank of America Corp agreed with U.S. regulators to improve its compliance practices and pay a fine for violations in lending rules toward military personnel. The Office of the Comptroller of the Currency asked the No. 2 U.S. bank by assets to pay a penalty of $30 million due to non-home loan compliance with the Servicemembers Civil Relief Act and unsafe...

  • WASHINGTON, May 29- The Federal Aviation Administration on Friday said it has proposed civil penalties against emergency medical helicopter operator Air Methods Corp and airline Allegiant Air for failing to comply with U.S. regulations. For Air Methods, it proposed a $91,500 civil penalty for allegedly operating a Bell 407 helicopter that was overdue for an...

  • ALBANY, N.Y.— A federal appeals court has ruled that drug manufacturer Actavis PLC's attempted switch of patented Alzheimer's medication, which halted distribution of the old drug before its patent expires this summer, violates U.S. antitrust law. He alleged antitrust and state law violations by Actavis in pushing about 500,000 patients to its new patented...

  • WASHINGTON, May 29- The U.S. Federal Trade Commission filed a lawsuit on Friday aimed at stopping the $1.9 billion merger of medical technology provider Steris Corp and British sterilization services provider Synergy Health Plc, according to the agency, which enforces antitrust law. Synergy Health and Steris, both of which provide contract sterilization...

  • Investing 'absurd' money in compliance: Kovacevich

    Former Wells Fargo CEO Richard Kovacevich, shares his thoughts on how compliance is impacting layoffs at bank brances.

  • Someone has to go to jail: Kovacevich   Friday, 29 May 2015 | 8:07 AM ET
    Someone has to go to jail: Kovacevich

    Former Wells Fargo CEO Richard Kovacevich, weighs in on accountability and "criminal" activity that occurred during the financial crisis, and comments made by Dick Fuld about Lehman's collapse.

  • Regulations 'killing' small banks: Kovacevich   Friday, 29 May 2015 | 8:05 AM ET
    Regulations 'killing' small banks: Kovacevich

    Former Wells Fargo CEO Richard Kovacevich, shares his thoughts on how regulations are hurting small businesses and banks.

  • Bolan, because it ends the SEC case against him while permitting him to go back to work immediately, "he said. The settlement was reached on the eve of a trial before an SEC administrative law judge over charges the SEC first leveled against Bolan and Ruggieri in September. The SEC had alleged that Ruggieri, who worked at Wells Fargo in New York, in 2010 and 2011 traded...