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  • WhatsApp founders own nearly $9B in Facebook stock Wednesday, 29 Oct 2014 | 6:50 PM ET

    SAN FRANCISCO— WhatsApp founders Jan Koum and Brian Acton received 116 million shares of Facebook stock currently worth nearly $9 billion when they sold their unprofitable messaging service to the social networking leader earlier this month. The breakdown of the big winners in Facebook Inc.' s $22 billion acquisition emerged Wednesday in a regulatory...

  • WASHINGTON, Oct 29- U.S. safety regulators do not expect Japanese auto parts maker Takata Corp to be able to fully supply replacement parts for millions of defective air bags until after February, and urged Takata and the automakers it supplies to seek additional parts from other companies. Takata must boost production and even tap competitors to address...

  • WASHINGTON, Oct 29- The Depository Trust& Clearing Corp on Wednesday dropped a lawsuit against the U.S. swaps regulator, a court document showed, ahead of what two sources said was a possible rule change by the agency. DTCC, which performs back-office services for the Wall Street banks that own it, last year sued the Commodity Futures Trading Commission, which...

  • US agency sues Honeywell over wellness testing Wednesday, 29 Oct 2014 | 5:18 PM ET

    The Equal Employment Opportunity Commission has sued Honeywell to stop it from imposing penalties on employees who refuse certain wellness tests.

  • WASHINGTON, Oct 29- Cigarette maker Reynolds American's proposal to buy smaller rival Lorillard Inc presents antitrust regulators with a conundrum: Their mandate is to prevent higher prices because of mergers, but U.S. public policy aims to make cigarettes more expensive to discourage smoking. Reynolds, the No. 2 U.S. cigarette maker, said in July it would buy No. 3...

  • UPDATE 1-MetLife beats profit estimates as premiums rise Wednesday, 29 Oct 2014 | 4:51 PM ET

    Oct 29- MetLife Inc, the largest U.S. life insurer, reported a better-than-expected quarterly profit, helped by higher premiums and gains tied to its derivatives program. MetLife said earlier this month that it would fight a plan by the U.S. risk council to designate it as a firm whose demise could risk global finance, a tag that brings far greater regulatory...

  • UPDATE 1-Pfizer meningitis vaccine wins U.S. approval Wednesday, 29 Oct 2014 | 3:06 PM ET

    Oct 29- Pfizer Inc has won U.S. approval for its Trumenba vaccine against meningitis, a potentially deadly bacterial disease that has recently caused outbreaks on college campuses, the U.S. Food and Drug Administration said on Wednesday. It is the first approved U.S. vaccine that prevents invasive disease caused by the bacterium Neisseria meningitidis B, a...

  • McGraw Hill Financial Inc took a $60 million charge in the third quarter for a possible accord, which is unrelated to the U.S. Department of Justice's $5 billion lawsuit against S&P. The charge contributed to a 12 percent decline in McGraw Hill's profit from a year earlier. In July, McGraw Hill disclosed that it had received a "Wells notice" from the U.S. Securities...

  • Steven Sands and Martin Sands, the firm's co-founders, and Chief Operating Officer and Chief Compliance Officer Christopher Kelly were responsible for the company's failures to comply with the custody rule, the SEC said. Sands Brothers and the two co-founders were previously sanctioned by the SEC in 2010 for custody rule violations. The company was at least...

  • McGraw Hill Financial Inc took a $60 million charge in the third quarter for a possible accord, which is unrelated to the U.S. Department of Justice's $5 billion lawsuit against S&P. The charge contributed to a 12 percent decline in McGraw Hill's profit from a year earlier. In July, McGraw Hill had disclosed that it had received a "Wells notice" from the U.S....

  • UPDATE 1-DTCC drops case in U.S. swaps regulator data row Wednesday, 29 Oct 2014 | 12:29 PM ET

    WASHINGTON, Oct 29- U.S. market operator the Depository Trust& Clearing Corporation dropped its lawsuit against the U.S. Commodity Futures Trading Commission in a dispute about access to potentially lucrative trading data, a court document showed on Wednesday. The change of heart was because the CFTC, which regulates the trading of swaps and futures, is...

  • Murray adds 100M tons to Illinois' coal holdings Wednesday, 29 Oct 2014 | 12:06 PM ET

    ST. LOUIS— A leading U.S. coal company is adding roughly 100 million more tons of reserves and other resources to its southern Illinois portfolio, broadening its operations months after decrying federal regulation of the industry. Ohio- based Murray Energy Corp. said Tuesday its purchases in Hamilton and Saline counties from Pennsylvania- based rival Consol...

  • DTCC drops case against U.S. CFTC in row about data Wednesday, 29 Oct 2014 | 11:14 AM ET

    WASHINGTON, Oct 29- The U.S. Depository Trust& Clearing Corporation dropped its case against the Commodity Futures Trading Commission in a dispute about access to potentially lucrative trading data, a court document showed on Wednesday. The DTCC and the derivatives regulator had agreed "to the dismissal without prejudice of the remaining causes of action in...

  • As Fed leaves bond market, here's who will step in Wednesday, 29 Oct 2014 | 11:04 AM ET

    The end of Federal Reserve's quantitative easing program and its fight against "too big to fail" banks are on a collision course in the bond market.

  • LONDON, Oct 29- Britain's Serious Fraud Office confirmed on Wednesday it had formally launched a criminal investigation into accounting practices at Tesco Plc, Britain's largest retailer. The financial regulator, the Financial Conduct Authority, promptly confirmed it was discontinuing its own separate investigation with immediate effect following a...

  • SHANGHAI, Oct 29- FAW-Volkswagen Automobile Ltd, a joint venture of Volkswagen AG and a Chinese state-owned carmaker, will recall 270,635 Audi cars in China to fix a problem with air bag software, China's quality watchdog said on Wednesday. The Audi recall comes less than two weeks after Volkswagen said it would call back more than 580,000 cars in China to fix a...

  • Oct 28- New York state's financial regulator is seeking more than $300 million from Bank Leumi as part of a probe of whether the Israeli bank assisted U.S. citizens in evading taxes, according to a person familiar with the matter. The penalty from New York state's Department of Financial Services, which regulates certain banks in the state, is separate from...

  • Tajikistan most improved in World Bank business ranks Tuesday, 28 Oct 2014 | 8:01 PM ET

    WASHINGTON, Oct 28- Tajikistan made the greatest strides in business-friendly reforms in the past year, part of an overall trend of improving business regulations across Eastern Europe and Central Asia, the World Bank said in a report released on Tuesday. In general, 85 percent of countries in Eastern Europe and Central Asia have made it easier to do business in...

  • NEW YORK, Oct 28- The U.S. Department of Transportation said on Tuesday it is looking into a complaint that Delta Airlines Inc used "unfair and deceptive practices" to block development of a second major airport near Atlanta. The agency's action comes in response to a complaint filed by county commissioners and a private group trying to develop commercial air...

  • Oct 28- J. Alexander's Holdings Inc, a casual-dining chain operator backed by Fidelity National Financial Inc, filed with U.S. regulators on Tuesday for an initial public offering of its common shares. J. Alexander's will join the list of casual dining chains, including El Pollo Loco Holdings Inc and Zoe's Kitchen Inc, that have listed this year.