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  • Her statement comes just one day after the SEC gave JP Morgan Chase& Co, Citigroup Inc, UBS AG, Barclays Plc and the Royal Bank of Scotland Group Plc a series of waivers to let them continue their usual securities business. But all the banks won SEC waivers to let them continue being "well-known seasoned issuers" or WKSIs- a status that lets them raise capital quickly...

  • May 21- Federal Communications Commission Chairman Tom Wheeler reached out to the chief executives of Time Warner Cable Inc and Charter Communications Inc to convey that the agency is not against cable deals, the Wall Street Journal reported. Wheeler saw some of the statements as a "significant over-reading" of the FCC staff's stance on the Comcast-Time...

  • May 21- Bank of New York Mellon Corp will pay $180 million to settle a foreign exchange-related putative class action lawsuit, the bank said in a regulatory filing on Thursday. BNY Mellon said the settlement will release the bank from all foreign exchange-related securities law claims brought against it or its affiliates in the suit. Federal and New York state...

  • SHANGHAI, May 22- Apple Inc is planting trees, Mars may move to' zero carbon' and Foxconn Technology Co Ltd is spending millions of dollars to give its factories a' green' makeover, as companies operating in China face tighter rules on pollution. "China's environmental law is becoming one of the strongest in the world," said Manuel Baigorri, senior director of...

  • May 21- Camel cigarette brand owner Reynolds American Inc's planned acquisition of smaller rival Lorillard Inc is expected to receive U.S. antitrust clearance as soon as next week, the Wall Street Journal said. While Reynolds American and the U.S. Federal Trade Commission declined to comment, Lorillard was not immediately available. Reynolds, which will get...

  • The Public Regulation Commission is close to deciding whether to approve a plan by Public Service Co. of New Mexico to close part of the San Juan Generating Plant and replace it with a mix of more coal along with nuclear, natural gas and solar power. Members of the Association of Commerce and Industry, the Albuquerque Hispano Chamber of Commerce, Four Corners...

  • WASHINGTON, May 21- The largest overhaul of U.S. financial industry reform since the 2008 crisis hit a roadblock on Thursday, as a regulation relief bill passed a Senate committee with zero Democrats in support. Wall Street dodged a tough provision as Republican Senator David Vitter withdrew his amendments, the most significant being a minimum 10 percent...

  • DETROIT— Exploding air bags made by Takata Corp. are so dangerous that U.S. safety regulators want to manage a massive recall so cars can be fixed faster. "The number of impacted vehicles and manufacturers in combination with the supply issues related to these air bag recalls adds a previously unprecedented level of complexity to this recall," NHTSA...

  • Boston expands lawsuit against state gambling commission Thursday, 21 May 2015 | 10:33 AM ET

    BOSTON— An amended lawsuit filed by the city of Boston is asking a judge to bar the current Massachusetts gaming regulators from any future action on the $1.7 billion casino proposed for neighboring Everett. Mayor Marty Walsh announced Thursday the city amended its complaint that challenges the Massachusetts Gaming Commission's decision to award Wynn...

  • Latin American bidders vie for Portuguese flag carrier Thursday, 21 May 2015 | 10:25 AM ET

    LISBON, Portugal— The Portuguese government says it will hold talks with two Latin American airline operators to decide which of the two will be sold a 61 percent stake in state-owned flag carrier TAP Air Portugal. The government said in a statement Thursday that bids from David Neeleman, who founded Brazil's third-largest airline Azul, and from German...

  • RIYADH, May 21- Saudi Arabia's market regulator has recommended nine current or former officials at Saudi Arabian telecom operator Mobily be prosecuted for violations that include insider trading, a local financial news website reported on Thursday. The Capital Market Authority, which has been investigating Mobily since the company slashed 18 months of...

  • South Jersey Gas reapplies to build Pinelands pipeline Thursday, 21 May 2015 | 6:59 AM ET

    UPPER TOWNSHIP, N.J.— South Jersey Gas is again seeking permission to build a 22- mile natural gas pipeline in New Jersey's Pinelands. The company argues the pipeline to the B.L. England Generating Station in Upper Township meets standards for approval. In a statement, New Jersey Sierra Club director Jeff Tittel called the company's decision "outrageous."

  • May 21- The Kuala Lumpur- based Islamic Financial Services Board is preparing guidelines for Islamic capital market products, retakaful and stress testing, as the industry body tightens oversight of market practices. IFSB guidelines allow national financial regulators to have the final say on how they apply standards, but its prescriptive approach is...

  • Japanese zoos to stop buying Taiji dolphins   Wednesday, 20 May 2015 | 9:24 PM ET
    Japanese zoos, aquariums to stop buying Taiji dolphins

    Ric O'Barry, head of Ric O'Barry's Dolphin Project, discusses news that Japan's association of zoos and aquariums will stop buying dolphins caught in the waters of Taiji.

  • CORRECTED-Japan approves third nuclear plant for restart Wednesday, 20 May 2015 | 7:44 PM ET

    TOKYO, May 20- Japan's nuclear regulator signed off on the basic safety of a reactor at a third nuclear plant on Wednesday, as the country inches toward rebooting its atomic industry more than four years after the 2011 Fukushima disaster. The decision will be a boost for operator Shikoku Electric Power Co, which relied on its sole Ikata nuclear power station in...

  • NEW YORK/ LONDON, May 20- A U.S. regulator has granted a series of waivers to JPMorgan Chase& Co and four other major banks allowing them to continue their usual securities business, after they agreed to plead guilty to criminal charges. Four of the banks- Barclays Plc, JPMorgan, Citigroup Inc and the Royal Bank of Scotland Plc- pleaded guilty to manipulating foreign...

  • NetApp to cut 500 jobs Wednesday, 20 May 2015 | 5:23 PM ET

    May 20- Data storage equipment maker NetApp Inc is cutting about 500 jobs, after it reported weak fourth-quarter results and gave current quarter forecast below estimates. The company said it expected to incur charges of about $25 million to $35 million related to the terminations, the company said in a regulatory filing. Most of the charges will be recognized...

  • LONDON, May 20- The European Union risks pricing itself out of the global economy by excessive regulation, British finance minister George Osborne said on Wednesday, making the case for reforms in the bloc ahead of a referendum on whether Britain remains a member. Osborne was addressing business leaders in London in one of his first major speeches after an...

  • May 20- U.S. healthcare conglomerate Johnson& Johnson said on Wednesday it expects to submit more than 10 new medicines with annual revenue potential of at least $1 billion each to regulators by 2019, and is testing dozens of new uses for existing medicines. J&J said it would file for approval of daratumumab for the blood cancer multiple myeloma in the United...

  • New York's top financial regulator to step down Wednesday, 20 May 2015 | 2:12 PM ET

    ALBANY, N.Y.— Benjamin Lawsky, New York state's top financial regulator who collected billions of dollars in penalties and fees from Wall Street giants, announced Wednesday that he will step down. Lawsky, who was appointed the first superintendent of the Department of Financial Services in 2011, plans to open a New York- based legal and consulting business and be...