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  • Dec 19- A lawyer from the U.S. National Labor Relations Board on Friday filed complaints against McDonald's Corp and its franchisees for alleged labor violations. NLRB General Counsel Richard Griffin filed 13 complaints against the company and its franchisees from New York to Los Angeles, the board said.

  • AstraZeneca cancer drug, companion test approved Friday, 19 Dec 2014 | 1:24 PM ET

    TRENTON, N.J.— U.S. regulators on Friday granted accelerated approval to the first in a new class of targeted drugs for ovarian cancer, Lynparza from British drugmaker AstraZeneca PLC. The Food and Drug Administration also approved a companion diagnostic test from Myriad Genetics Inc. of Salt Lake City called BRACAnalysis CDx. Richard Pazdur, director of the...

  • MEXICO CITY, Dec 19- Mexico's telecoms regulator has opened a fresh antitrust investigation into companies offering voice, data and video services, which could affect Carlos Slim's telephone company America Movil and broadcaster Televisa. The IFT has already declared billionaire Slim's America Movil and Televisa to be dominant players in Mexico,...

  • Spain's Almirall gains on report of Actavis interest Friday, 19 Dec 2014 | 12:29 PM ET

    Dec 19- Shares in Spanish drugmaker Almirall jumped 9 percent on Friday after a Bloomberg report of potential takeover interest from Actavis. Almirall played down the report, saying in a regulatory filing that "the news is untrue." Almirall, with a market value of 2.3 billion euros, recently sold its respiratory business to AstraZeneca, while Actavis is in the...

  • U.S. settles lawsuit with T-Mobile US over cramming Friday, 19 Dec 2014 | 12:12 PM ET

    WASHINGTON, Dec 19- T-Mobile US has agreed to settle a lawsuit filed by the U.S. government over unauthorized charges placed on customers' bills, a practice known as cramming, and to pay at least $90 million in refunds and fines, two U.S. government agencies said on Friday. T-Mobile USA received 35 to 40 percent of the amount charged, the Federal Trade Commission said...

  • T-Mobile paying at least $90M for unwanted services Friday, 19 Dec 2014 | 12:00 PM ET

    WASHINGTON— T-Mobile US will pay at least $90 million, mostly in refunds, for billing customers for cellphone text services they didn't order, under a settlement with federal regulators. T-Mobile, the fourth-largest U.S. cellphone company, is paying at least $67.5 million in refunds to affected customers plus $18 million in fines to the 50 states and the...

  • A Family Dollar spokesman said the special shareholder meeting to vote on the Dollar Tree deal remains scheduled for Dec. 23. Family Dollar has agreed to be acquired by Dollar Tree for $8.5 billion in cash and stock after twice rejecting higher all cash bids from bigger rival Dollar General Corp, citing antitrust concerns. Dollar General took its $9.1 billion...

  • Dec 19- Orexigen Therapeutics Inc said European regulators recommended the approval of the drugmaker's obesity pill on Friday. The European Commission is expected to give its decision on the drug in early 2015, the company said. The drug, Mysimba, is already sold as Contrave in the United States by Orexigen's partner Takeda Pharmaceutical Co..

  • SHANGHAI, Dec 19- China on Friday set up its first insurance fund for its $2.1 trillion trust industry in a move to reduce financial risk in shadow banking, the country's banking regulator said. The fund, jointly established by China Trustee Association and 13 trust firms, will be chaired by Xu Zhichao, an ex-deputy president of the state-owned Cinda Asset...

  • Dec 18- The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial Inc acquired under the government's bailout of the auto lender, Ally said on Thursday. The stake is worth about $1.25 billion, based on Ally's Thursday closing price of $22.75 on the New York Stock Exchange. Ally also said in the regulatory filing it had agreed to...

  • SAN FRANCISCO, Dec 18- Uber argued Thursday that it should not have to turn over ride data in a California regulatory standoff that shows how the transportation service is falling afoul of officials who could threaten its expansion. The issue, which is being heard in a California administrative court and whose outcome will not be known until next year, pits Uber...

  • SAN FRANCISCO, Dec 18- Uber argued Thursday that it should not have to turn over ride data in a California regulatory standoff that shows how the transportation service is falling afoul of officials who could threaten its expansion. The issue, which is being heard in a California administrative court and whose outcome will not be known until next year, pits Uber...

  • Uber suspends operations in Portland for 3 months Thursday, 18 Dec 2014 | 7:09 PM ET

    PORTLAND, Ore.— Less than two weeks after the ride-hailing app Uber launched in Portland without officials' approval, the company said it is suspending operations for three months to work out its differences with the city. General manager Brooke Steger wrote in a blog post Thursday that Portland is working to update its regulations for private for-hire...

  • Dec 18- U.S. banks will be able to do more business in Cuba after the United States and the island nation agreed to restore diplomatic ties, but trade groups said their members will be slow to ramp up operations, fearing big penalties for mistakes. The U.S. Treasury Department said it expects to ease its sanction rules for banking in Cuba in the coming weeks.

  • WASHINGTON, Dec 18- U.S. regulators have declared insurer MetLife Inc so big that its failure could destabilize financial markets, a designation that brings extra regulation. MetLife said in a statement on Thursday announcing the designation that it was disappointed by the decision, made by the U.S. Financial Stability Oversight Council, and was considering...

  • WASHINGTON— U.S. regulators have labeled insurer MetLife as a potential threat to the financial system, a designation that brings stricter government oversight. MetLife said Thursday that the Financial Stability Oversight Council has designated the company as "systemically important." As a result, MetLife must increase its cushion of capital against...

  • WASHINGTON, Dec 18- MetLife said on Thursday it has been notified by U.S. regulators that it has been declared so big that its failure could destabilize financial markets, a designation that brings extra regulation. MetLife said in a statement it was disappointed in the decision, by the U.S. Financial Stability Oversight Council, and was considering its next...

  • BRUSSELS, Dec 18- Luxembourg acceded on Thursday to the demand of the European Commission to release data to further EU antitrust regulators' investigation into whether it allowed multinationals to pay excessively low taxes. Prime Minister Xavier Bettel said the Commission's decision to widen its focus beyond Luxembourg to the whole of Europe had...

  • Fed delays Volcker Rule  Thursday, 18 Dec 2014 | 3:13 PM ET

    CNBC's Steve Liesman reports the Federal Reserve is delaying implementation of the Volcker Rule for at least 2 years.

  • Group challenges timber producer's 'green' label Thursday, 18 Dec 2014 | 2:33 PM ET

    The complaint covers Plum Creek logging in Oregon's Coast Range, citing 11 civil citations over the past six years for violating state logging regulations, including four citations for exceeding the clear-cutting limit of 120 acres. The complaint includes Google Earth images showing landslides in areas stripped of trees by Plum Creek.