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  • April 16- Momenta Pharmaceuticals Inc said the U.S. Food and Drug Administration approved the first generic version of Teva Pharmaceuticals Industries Ltd's top-selling multiple sclerosis drug, Copaxone. The agency cleared the application for the 20 mg version of the blockbuster drug, submitted by Momenta's partner Sandoz, a unit of Swiss drugmaker...

  • Rhode Island governor focused on economy in 1st 100 days Thursday, 16 Apr 2015 | 12:20 PM ET

    The Democratic governor signed an executive order to cut down on unnecessary regulations and attract businesses to Rhode Island. Rhode Island hasn't rebounded from the recession like other New England states have, and it has struggled for years with one of the highest unemployment rates in the U.S. "I think it's important now, given where Rhode Island is, that we...

  • Bank of America settles currency-rigging lawsuit Thursday, 16 Apr 2015 | 12:00 PM ET

    NEW YORK, April 16- Bank of America Corp has settled its portion of a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the foreign exchange market. Bank of America is the third bank to settle investor claims related to the $5.3 trillion- a-day currency market. Scott& Scott said Bank of America's settlement will "mirror" the earlier...

  • Financial incentives OK'd for workplace wellness programs Thursday, 16 Apr 2015 | 11:28 AM ET

    WASHINGTON— In a victory for business, federal regulators said Thursday that employers can continue to use financial penalties and rewards to nudge staff to participate in fast-growing workplace wellness programs. But the Equal Employment Opportunity Commission— which enforces laws against discrimination— also proposed some safeguards for employees.

  • China suspends new bank-technology rules - WSJ Thursday, 16 Apr 2015 | 9:51 AM ET

    April 16- China suspended bank-technology rules that Washington complained represent unfair regulatory pressure on foreign firms, the Wall Street Journal said, citing an official notice. China was working on an anti-terrorism law that would require foreign companies to hand over encryption keys, triggering U.S. protests. Reuters reported in March that...

  • SHANGHAI, April 16- An open and free Internet is essential in the 21st century, U.S. Pritzker is leading a three-city trade mission to China, focused largely on green industries, to boost business links despite friction over issues including high-tech exports and cybersecurity regulations. Business groups, including the American Chamber of Commerce in...

  • The Shanghai branch of China's central bank has ordered commercial lenders to check for risks in their margin trading business, and submit their margin trading accounts and list connected wealth management products. To caution against risks, China's top securities regulator, Xiao Gang, on Thursday urged stocks investors to be "rational and calm".

  • MUMBAI, April 15- India may go to the World Trade Organisation if the European Union does not reconsider a decision to suspend the sale of about 700 generic drugs that were approved based on clinical trials by GVK Biosciences Pvt Ltd, the firm's CEO said. The European Medicines Agency suspension became effective in January, a month after France, Germany, Belgium...

  • Microsoft quietly content as EU moves on Google Wednesday, 15 Apr 2015 | 8:51 PM ET

    Long-time staffers at Microsoft, still scarred from its own battles with U.S. and European regulators over the last two decades, did not express sympathy for Google facing a similar process. "They have to go through what they have to go through," said one Microsoft general manager, who was closely involved in the company's public relations at the time of...

  • April 15- A Texas- based Internet provider is requesting that a federal appeals court in New Orleans, not one in Washington, be the court that hears a challenge to new Web traffic regulations known as "net neutrality" rules. Alamo Broadband Inc filed a lawsuit on Wednesday in the 5th U.S. Circuit Court of Appeals in New Orleans asking it to review the regulations from...

  • *Vestager insists not swayed by EU governments, Google rivals. BRUSSELS, April 16- Google boss Eric Schmidt might have missed it in the uproar over the EU's antitrust charges against the U.S. tech giant, but European Competition Commissioner Margrethe Vestager wants to congratulate him. It was a throwaway line in an hour-long press conference in Brussels as...

  • April 15- Texas- based Internet provider Alamo Broadband Inc filed a lawsuit on Wednesday asking the federal appeals court based in New Orleans to block new web traffic regulations from the Federal Communications Commission.

  • No pain-free way to deal with FATCA: Pro   Wednesday, 15 Apr 2015 | 6:24 PM ET
    No pain-free way to deal with FATCA: Pro

    Jim Gosart, president of JMG Consulting, explains the impact of the Foreign Account Tax Compliance Act (FATCA) on American expatriates and businesses abroad.

  • *EU sends Google antitrust charge sheet over shopping searches. *Google says its products foster competition, help consumers. It also started another antitrust investigation into the Android mobile operating system, a key element in Google's strategy to maintain revenues from online advertising as people switch from Web browser searches to smartphone...

  • NEW YORK, April 15- The European Union launched an antitrust probe on Wednesday into Google Inc's Android system, and if recent history is any indicator, the shares of the Internet services company might have trouble until the issue is resolved. Intel Corp fell about 35 percent during an EU investigation between July 2007 and May 2009. The EU initiated three...

  • April 15- Hudson City Bancorp faces a U.S. government investigation into discriminatory lending practices, Bloomberg reported, citing two people familiar with the matter. The U.S. Justice Department and Consumer Financial Protection Bureau are examining whether the bank violated the Fair Housing Act, Bloomberg reported, adding that a preliminary CFPB...

  • April 15- U.S. health regulators on Wednesday approved Amgen Inc's Corlanor to treat patients with chronic heart failure, giving the world's largest biotechnology company its first cardiovascular product. RBC Capital Markets analyst Michael Yee said that long term Corlanor could become a $500 million a year drug for Amgen. Amgen shares rose 1.3 percent in...

  • House panel approves bill to tweak coal ash standards Wednesday, 15 Apr 2015 | 5:24 PM ET

    The EPA rule set the first national standards for so-called coal ash, treating it more like household garbage than a hazardous material. McKinley said the EPA rule leaves open the possibility that coal ash could be designated as hazardous, creating uncertainty for industry. States that choose not to set up a program would be subject to regulation established...

  • April 15- The Medicines Co's intravenous blood clot preventer can be used in angioplasty procedures, an independent advisory panel to the U.S. Food and Drug Administration said on Wednesday. The recommendation follows a review published by FDA staff on Monday, which supported the approval of the drug. Cangrelor, which won European approval in March, was...

  • Google reached a settlement in 2013 with the U.S. Federal Trade Commission over Web search allegations. However, regulators often speak with companies about fairness complaints without the discussions leading to an investigation, and Google has already successfully fought off a U.S. civil suit involving Android. The meetings between Google critics and...