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  • TOPEKA, Kan.— The largest electric utility in Kansas would refund $10 million to its customers and decrease future rates slightly under an agreement Wednesday to settle a complaint filed by state regulators with the federal government. Westar Energy Inc., based in Topeka, also would receive lower earnings from its transmission investments than it was...

  • Supreme Court ruling against a federal regulation aimed at cutting air pollution from power plants will limit growth for Cabot Corp and Calgon Carbon Corp, which make activated carbon used to curb mercury emissions. The tiny $80 million market for activated carbon could have shot up to $300 million- $350 million by 2017, analysts had said.

  • July 1- U.S. Justice Department antitrust lawyers have opposed Electrolux AB's plan to buy General Electric Co's household appliance business, a source familiar with the investigation told Reuters. The deal would double Electrolux's U.S. sales, putting it on a par with larger rival Whirlpool Corp. "Electrolux and GE continue to work actively with the...

  • The civil antitrust investigation by the Justice Department appears to focus on whether airlines illegally signaled to each other how quickly they would add new flights, routes and extra seats. Justice Department spokeswoman Emily Pierce confirmed that the department is looking into potential "unlawful coordination" among some airlines.

  • WASHINGTON, July 1- Public companies that re-state their financial results would be required to "claw back," or recover, any excess incentive compensation earned by their corporate executives under a new rule proposed on Wednesday by U.S. regulators. The Securities and Exchange Commission's plan sparked debate among the agency's five members, with some saying...

  • MADRID, July 1- Power group UIL Holdings said on Wednesday it would quickly address regulators' concerns after its $3 billion takeover by Spain's Iberdrola was rejected by a U.S. antitrust watchdog in a preliminary decision. Iberdrola agreed in February to buy UIL to gain presence in Connecticut, Massachusetts, Maine and New York as part of an expansion plan in...

  • MADRID, July 1- Power group UIL Holdings said on Wednesday it would quickly address regulators' concerns after its $3 billion takeover by Spain's Iberdrola was rejected by a U.S. antitrust watchdog in a preliminary decision. Iberdrola agreed in February to buy UIL, a company with presence in Connecticut, Massachusetts, Maine and New York, to expand in the United...

  • Because the products are not overseen by FDA regulators they could be contaminated or manufactured incorrectly. The agency notes that there are numerous FDA- approved ear drops, so "little or no impact on patients" is expected from removing the products from the market. Companies that want federal approval for their drugs must submit an FDA application for...

  • ZURICH, July 1- The Swiss government said on Wednesday Thomas Bauer, an expert in banking law and combating money laundering, would become the new chairman of the financial regulator FINMA from January 2016. FINMA drew some criticism this year over its handling of allegations surrounding HSBC Holdings Plc's Swiss business. The government also named on...

  • WASHINGTON, July 1- Public companies that re-state their financial results would be required to "claw back," or recover, any excess incentive compensation earned by their corporate executives under a new rule to be proposed on Wednesday by U.S. regulators. For compensation based on stock price or total shareholder return, the SEC said companies can use a...

  • BEIJING, July 1- China's stock regulator said on Wednesday it has approved initial public offering plans by mid-sized lender Bank of Jiangsu Co Ltd and Zhoushan Port Co..

  • And if the industry is as predatory as the Education Department and many lawmakers suggest, why didn't they stop it? That's when an Education Department memo written under President George W. Bush suggested colleges wouldn't be severely penalized if they compensated college recruiters for getting students in the door. The top regulator on higher education...

  • The vaguely worded National Security Law is one of several new regulatory moves by China that worry privacy advocates and have foreign businesses concerned about potential harm to their operations inside the country. The law offered no details on how China would achieve the goals, although a vast government Internet monitoring system has been in place for...

  • WASHINGTON, June 30- AT&T Inc's proposed $48.5 billion acquisition of DirecTV is expected to get U.S. regulatory approval as soon as next week, according to people familiar with the matter, a decision that will combine the country's No. 2 wireless carrier with the largest satellite-TV provider. The FCC, which reviews if deals are in public interest, is poised to...

  • MEXICO CITY, June 30- Total Mexican oil and gas reserves fell last year as state-owned oil company Pemex was unable to certify enough new discoveries to compensate for current production, the country's oil regulator CNH said on Tuesday. Mexico's total proven and probable oil reserves slid 7.4 percent from the previous year to 22.983 billion barrels of oil...

  • The state Public Utilities Regulatory Authority issued a draft decision saying that Spain's Iberdrola has not provided "any measurable or quantifiable commitments" that assure regulators that ratepayers will not be harmed by its plan to buy UIL Holdings Corp.. The agency said it cannot conclude that Iberdrola and UIL Holdings "will continue to possess the...

  • Erie Coke Corp. deemed compliant after improvements Tuesday, 30 Jun 2015 | 3:15 PM ET

    ERIE, Pa.— The Erie Coke Corp., after spending millions of dollars on pollution control improvements and fines, has satisfied environmental regulators who tried to shut it down. Court filings show Erie Coke is no longer obligated to operate under court-enforced settlements because pollution was successfully curtailed at the northwestern Pennsylvania...

  • NEW YORK— Shares of Pentair jumped Tuesday after regulatory filings showed activist investor Nelson Peltz's Trian Fund Management has taken a stake in the water and fluid-products systems company and is pushing it to consider acquisitions. Pentair PLC was the largest gainer on the S&P 500 index Tuesday, as its stock rose $4.32, or 6.7 percent, to $68.75.

  • WASHINGTON— The makers of the potent painkiller OxyContin have pulled out of a federal meeting to review the company's harder-to-abuse version of the much-debated drug. As a result, the company has withdrawn its application that was slated to be reviewed before a Food and Drug Administration committee next week. FDA meetings are typically planned months in...

  • NEW YORK, June 30- A divided federal appeals court on Tuesday said Apple Inc orchestrated a conspiracy with five publishers to increase e-book prices, in a victory for the U.S. Justice Department. By a 2-1 vote, the 2nd U.S. Circuit Court of Appeals agreed with a lower court judge that the conspiracy violated federal antitrust law, and that the judge acted properly in...