Regulations
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Andy Haldane, executive director for financial stability at the Bank of England, says the economy is "healing" but that we're still "a long way short off normality".
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Andy Haldane, executive director for financial stability at the Bank of England, says the economy is "healing" but that we're still "a long way short off normality".
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*U.S.- China deal reached after years of negotiations. NEW YORK, May 24- U.S. regulators will get access to Chinese companies' audit documents under a deal announced on Friday, opening the way to probes of bungled audits after a two-year stand-off between China and the United States.
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MOSCOW, May 24- Russia's top online social network was banned on Friday from distributing content across the country, raising concerns of a clampdown on a forum used by President Vladimir Putin's opponents to organise protests.
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A federal judge expressed a tentative view that the U.S. Justice Department will be able to show evidence that Apple engaged in a conspiracy to increase e-book prices.
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WASHINGTON, May 23- U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in web display advertising, breaks antitrust law in how it handles some ad sales, a source told Reuters on Thursday.
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OVERLAND PARK, Kan.-- Sprint Nextel Corp. and Japan's SoftBank said Thursday that Softbank's acquisition of a majority stake in the wireless company has cleared all necessary state regulatory hurdles. Softbank has a $20.1 billion deal with Sprint to buy 70 percent of the company. Sprint's shares rose 1 cent to $7.31.
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NEW YORK, May 23- Sprint Nextel and SoftBank Corp said on Thursday they had received all necessary state regulatory approvals for the Japanese company's proposed $20.1 billion purchase of 70 percent of Sprint.
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WASHINGTON, May 23- Former Goldman Sachs banker Neil Morrison agreed to pay $100,000 to settle charges for his role in a pay-to-play scheme involving a Massachusetts gubernatorial campaign, the largest such penalty paid by an individual, the U.S. Securities and Exchange Commission said on Thursday.
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SEATTLE-- Omeros Corp. said Thursday it will start two midstage clinical trials of its drug OMS824 later this year, giving its stock a boost. Omeros said Thursday that the Food and Drug Administration awarded OMS824 orphan drug status as a treatment for Huntington's.
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SALT LAKE City, May 23- After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc CEO Lloyd Blankfein claimed success in putting his bank and his legacy back on track.
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The SEC says an employee at ISS provided proxy solicitor with material, nonpublic information, reports CNBC's Mary Thompson.
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May 23- The U.S. regulator of corporate auditors said on Thursday that the U.S. arm of global accounting firm Ernst& Young failed to fix quality control problems found in earlier reviews. The report from the Public Company Accounting Oversight Board is a blow for the firm, which markets itself as a global leader in audit quality.
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MUMBAI, May 23- Shares in Ranbaxy Laboratories Ltd fell as much as 10.7 percent on Thursday after majority shareholder Daiichi Sankyo Co said it believed former shareholders of the Indian company hid information regarding U.S. regulatory probes.
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COLUMBUS, Ohio-- A northeast Ohio injection-well operator whose former senior officer faces federal charges of violating the Clean Water Act told a state regulatory panel Wednesday that the company can't be blamed for the acts of "a bad person."
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BRUSSELS, May 23- Lufthansa, United Airlines, Continental and Air Canada won approval from EU antitrust regulators on Thursday for their transatlantic tie-up after agreeing to give up airport slots in Frankfurt and New York.
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BRUSSELS, May 23- Large companies should disclose how much tax they pay in each country where they operate, the European Commission's top regulatory official said, in the text of a speech to be delivered on Thursday.
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BRUSSELS, May 23- Large companies should disclose how much tax they pay in each country where they operate, the European Commission's top regulatory official said, in the text of a speech to be delivered on Thursday.
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May 23- American International Group Inc's board is looking for a new director with regulatory experience, as the insurer readies for the government to classify it as big enough to merit greater scrutiny, according to two sources familiar with the situation.
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DETROIT, May 22- Electric carmaker Tesla Motors Inc on Wednesday said it has paid off its U.S. Department of Energy loan, using money raised last week in a stock and notes offering.
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GENEVA, May 22- Russia, long touted as an engine of growth for the stuttering global business aviation industry, needs radical changes in its taxation and regulatory system if it is to fulfil that promise, a U.S. expert said on Wednesday.