Cotton merchants have complained to the USDA over the past year that some warehouse operators were slow to load bales and that the U.S. government was relying too heavily on the industry to self regulate. In response to those complaints, Farm and Foreign Agricultural Services Under-Secretary Michael Scuse wrote to American Cotton Shippers Association...» Read More
San Diego- based Zogenix said Wednesday that it submitted a Food and Drug Administration application for a new formulation of Zohydro that is designed to be more difficult to snort or inject— two common methods for abusing painkillers.
GRANTS PASS, Ore.— State water regulators have denied a permit sought by a mining company trying to develop nickel ore deposits in southwestern Oregon. Red Flat Nickel Corp. is trying to develop a nickel mine on the Rogue River-Siskiyou National Forest. The remote site is in the headwaters of the Smith River in Northern California.
The Federal Communications Commission voted unanimously to eliminate the NFL's blackout rule. FCC Commissioner Ajit Pai, discusses the vote and if the NFL will migrate to pay television.
Oct 1- The New York Times Co said it planned to cut jobs to lower costs and invest the savings in its "digital future." "The reduction in positions will vary across the company," the New York Times said in a regulatory filing.
TOKYO, Oct 1- The Japanese government has selected Nomura Securities and JP Morgan among the 11 underwriters for a planned initial public offering of state-owned Japan Post, the finance ministry said on Wednesday. Merrill Lynch and Barclays, which had been shortlisted for the IPO, were not included among those selected.
A US regulator said it is seeking a permanent trading ban against Daniel Shak after he violated a partial ban on certain futures dealing.
The Federal Trade Commission announced Monday that two companies— Norm Thompson Outfitters of Oregon and Wacoal America Inc. of New Jersey— have agreed to refund $1.5 million to consumers who purchased "shapewear" that supposedly can reduce cellulite and fat because it is infused with caffeine, vitamin E and other things. "Caffeine-infused shapewear is the...
WASHINGTON, Sept 30- U.S. regulators on Tuesday charged two men with insider trading after they learned that hedge fund manager Bill Ackman was planning to announce a $1 billion bet against Herbalife Ltd based on a view the company was merely a "pyramid scheme."
WASHINGTON— The oil and railroad industries are urging U.S. regulators to allow them as long as seven years to retrofit existing tank cars that transport highly volatile crude oil, a top oil industry official said Tuesday. The cars have ruptured and spilled oil during collisions, leading to intense fires.
HOUSTON, Sept 30- The World Bank arbitration tribunal will give its final award ruling this week on a multibillion- dollar claim by Exxon Mobil Corp against Venezuela over the 2007 nationalization of two oil projects, legal sources said on Tuesday.
The European Aviation Safety Agency said Airbus, the planemaking unit of Airbus Group, had proved the jet's airworthiness in more than 60,000 hours of certification work including 250 hours spent with safety inspectors in the air.
Sept 30- PennTex Midstream Partners LP, a master limited partnership formed by PennTex Midstream Partners LLC, filed with U.S. regulators for an initial public offering of common units.
*iPhone to reach China Oct 17 after regulatory delay. *Suppliers say no impact from China delay; have spare capacity. The company fixed the date after addressing software security concerns raised by regulators, which delayed the launch in China beyond the Sept 19 of several other countries.
Sept 30- Energy logistics company PennTex Midstream Partners LP filed with U.S. regulators for an initial public offering of common units. Citigroup, Barclays, RBC Capital Markets and Tudor Pickering Holt& Co are the lead underwriters for the IPO, the company said in a prospectus filed with the U.S. Securities and Exchange Commission on Tuesday.
BRUSSELS— Apple risks having to repay Ireland tax rebates worth billions of dollars after the European Union's competition watchdog said Tuesday the company appears to be benefiting from illegal tax deals there.
The company fixed the date after addressing software security concerns raised by regulators, which delayed the launch in China beyond the Sept 19 of several other countries. Apple's suppliers said the delay did not have an impact on production, and are confident they can keep up with demand when the new, larger iPhone models hit China.
ZURICH, Sept 30- Cement makers Holcim and Lafarge are stepping up plans to shed assets in order to win clearance from competition regulators for their planned mega-merger, including possibly spinning them off into a new company.
BRUSSELS, Sept 30- European Union antitrust regulators have asked Ireland to provide details of its tax arrangements with Apple in 1990 and 2007, warning that they could amount to illegal state aid which may be recovered from the U.S. company.
*Apple denied existence of backdoors to ministry. BEIJING, Sept 30- The iPhone 6 will be sold in China from Oct 17, after rigorous regulator scrutiny led to Apple Inc reassuring the Chinese government that the smartphones did not have security "backdoors" through which U.S. agencies can access users' data.
BEIJING— China's phone regulator said Tuesday it has approved Apple Inc.' s iPhone 6 for use on Chinese networks after the company promised never to install "backdoors" to give other governments access to users' information.