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  • FCC gets first bid to delay net neutrality Tuesday, 28 Apr 2015 | 12:54 PM ET
    Technology connections internet

    The FCC received the first request to delay net neutrality. An architect said the rules threaten his business.

  • WASHINGTON, April 28- The U.S. Federal Communications Commission has received the first request to delay the implementation of new Internet regulations from a communication architect who said the rules threaten his business, a filing disclosed on Wednesday showed. While the agency is likely to reject the petition by Internet protocol services...

  • Groups want review of Shell's Arctic regulatory filings Tuesday, 28 Apr 2015 | 12:43 AM ET

    ANCHORAGE, Alaska— Two groups petitioned the U.S. Securities and Exchange Commission on Monday for an investigation of Royal Dutch Shell PLC and what the groups call misstatements in regulatory filings regarding the risk of a catastrophic oil spill from Arctic offshore drilling. The petition was filed Monday by Oceana and the Abrams Environmental Law...

  • TOKYO, April 28- Tokyo Electron Ltd shares plunged 15 percent on Tuesday to a six-month low after U.S. regulatory opposition forced the scrapping of its planned takeover by U.S.-based Applied Materials Inc.. Tokyo Electron shares fell as much as 14.8 percent in early trade to 6,555 yen, hitting their lowest level since late October, while the broader Tokyo...

  • April 27- Medtronic Plc has agreed to stop manufacturing and distributing its SynchroMed implantable drug pump, U.S. regulators said on Monday, a step toward resolving allegations that the company violated quality standards with the device which delivers pain medication to cancer patients and others. Medtronic failed to correct problems that could lead to...

  • LOS ANGELES— Bumble Bee Foods and two managers were charged by Los Angeles prosecutors Monday with violating safety regulations in the death of a worker who was cooked in an industrial oven with tons of tuna. Jose Melena was performing maintenance in a 35- foot-long oven at the company's Santa Fe Springs plant before dawn Oct. 11, 2012, when a co-worker, who...

  • NEW YORK, April 27- The U.S. Department of Commerce is resuming anti-dumping, countervailing investigations on sugar imports from Mexico in response to requests to continue the probe, according to a notice published on its website on Monday. The Commerce Department suspended the investigations in December after signing a deal with Mexico that established...

  • *Amgen's fall drags downs biotech stocks. April 27- U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen. Amgen shares led the S&P 500 and Nasdaq's decline, dropping 3.3 percent to $162.38 after U.S. regulators said Amgen's skin cancer immunotherapy cannot be considered for an...

  • US STOCKS-Wall St ends down as biotechs drop 4 pct Monday, 27 Apr 2015 | 4:38 PM ET

    *Amgen's fall drags downs biotech stocks. April 27- U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen. Amgen shares led the S&P 500' s decline, dropping 3.3 percent to $162.38 after U.S. regulators said Amgen's skin cancer immunotherapy cannot be considered for an accelerated review...

  • ATLANTIC CITY, N.J.— On Monday, New Jersey casino regulators told a bankruptcy court it can't transfer the license of Atlantic City's former Revel casino to new owner Glenn Straub. That's because utility company ACR Energy Partners cut off service to the building on April 9— two days after Straub bought it— in the absence of a contract for future service there.

  • April 27- Time Warner Cable Inc reached out to Cox Communications Inc in the past few days to discuss a possible merger, the Wall Street Journal reported, citing people familiar with the matter. Comcast Corp abandoned its $45 billion offer for Time Warner Cable on Friday, after U.S. regulators raised concerns that the deal would give Comcast an unfair advantage in...

  • HOUSTON, April 27- The United Steelworkers union filed a charge with the U.S. National Labor Relations Board against Lyondell Basell Industries for declaring an impasse in negotiations with striking Houston refinery workers, the union said on Monday. Lyondell declared the impasse on April 14 following the rejection of its "last, best and final" contract offer...

  • DUBAI, April 27- One of the United Arab Emirates' most prominent businessmen is leading calls for regulations across the Gulf Arab region to smooth the transfer of ownership of family businesses after the death of the founder. Ghurair, the billionaire chief executive of Dubai- based lender Mashreq and chairman of conglomerate Al Ghurair Investment, among his...

  • HONG KONG, April 27- A move by British banking giant HSBC to relocate its headquarters back to Hong Kong would present major challenges to the city's banking watchdog, regulatory experts said. HSBC's $2.6 trillion balance sheet is nearly eight times the size of Hong Kong's economic output. HSBC said on Friday it had ordered a review into whether it should move its...

  • *Applied Materials slumped 8.3 percent to $20 in premarket trading after the chipmaker's proposed $10 billion merger with Tokyo Electron was abandoned over U.S. regulatory concerns. *Celladon plunged 77.6 percent to $3.06 after the company said its heart failure gene therapy, Mydicar, failed to meet its main goals in an important trial. *Time Warner Cable...

  • Russia tightens ban on European food imports Monday, 27 Apr 2015 | 7:13 AM ET

    MOSCOW— Russia is set to tighten its ban on food imports from Europe by restricting re-exports of fruit and vegetables through European countries. The deputy head of Russia's agricultural regulator, Yulia Shvabauskene, says Russia has already stopped re-exports through Bulgaria because it suspects companies there of using false documents to get around...

  • SANTA CLARA, Calif.— Applied Materials has called off its $9.4 billion acquisition of Tokyo Electron Ltd. after hitting a regulatory roadblock. Applied Materials' shareholders were to own about 68 percent of the new company, with Tokyo Electron's holding about 32 percent. Applied Materials Inc., which is based in Santa Clara, California, said Monday that it had...

  • *Applied Materials, Tokyo Electron announce buybacks. TOKYO, April 27- U.S. firm Applied Materials Inc on Monday scrapped its $10 billion planned takeover of chip-making gear rival Tokyo Electron Ltd after the deal, a rare foreign bid for a Japanese firm, ran afoul of U.S. anti-trust regulators. Tokyo Electron said both companies gave up on the deal after more than...

  • TOKYO, April 27- Applied Materials Inc and Tokyo Electron Ltd said on Monday they have given up plans to merge in a deal that would have been worth more than $10 billion, citing problems in getting approval from U.S. antitrust regulators. U.S.-based Applied Materials had agreed in September 2013 to buy Tokyo Electron in an all-stock deal combining the world's...

  • FRANKFURT, Germany— Deutsche Bank says its reorganization will mean spinning off its Postbank branches in Germany through a share offering, closing offices in some countries, and eliminating less profitable business at its investment banking division. Deutsche Bank has struggled to maintain the profits investors want to see while meeting regulatory...