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  • NEW YORK, April 17- U.S. regulators on Friday voted to open a swath of government-controlled airwaves for commercial use by tech and telecom companies such as Verizon Communications Inc and Google Inc as they seek to meet growing data demands from new wireless devices. The Federal Communications Commission voted unanimously to chalk out a process to allow...

  • NEW YORK— U.S. stocks are moving lower in midday trading following steep declines in Europe and some disappointing results from big companies. Investors are worried about Greece's shaky finances and news from China Friday that regulators would tighten rules on borrowing by investors to buy stocks following big gains this year. In the U.S., American Express...

  • Google's EU showdown offers openings to competitors Friday, 17 Apr 2015 | 11:58 AM ET

    That appears to be the European Union's strategy to pursue Google in a competition dispute by choosing to push a narrow set of charges around its shopping service, while opening another investigation of Google's Android mobile phone software. In accusing Google of anti-competitive practices against rival shopping sites, the EU competition authority said...

  • WASHINGTON— The Obama administration took a first step Friday toward a possible increase in fees charged for oil and gas companies to drill on federal lands. The Bureau of Land Management issued a notice seeking public comment on whether regulations are needed to give the government more flexibility in setting its fees. The Government Accountability Office...

  • LONDON, April 17- Lifting sanctions on Iran's oil industry could significantly change the outlook for oil supply and prices, the head of the U.S. Energy Information Administration told U.S. legislators. "If and when sanctions are lifted, EIA's baseline forecast for world crude oil prices in 2016 could be reduced $5- $15 per barrel," Adam Sieminski said to the...

  • BEIJING, April 17- China's bank regulator temporarily suspended this week new financial industry cybersecurity rules after feedback from banks, showing the practical challenges of the nation's long-term effort to cut dependence on entrenched foreign technology. China has recently advanced a wave of new policies to tighten cybersecurity roughly 18...

  • WILLISTON, N.D., April 17- Calpers, the largest American public pension fund, and nearly 60 other institutional investors will ask the U.S. Securities and Exchange Commission on Friday to require oil and natural gas companies to publish detailed analysis of the risks posed by climate change to their business models. Calpers and other investors will tell the SEC...

  • China suspends bank-technology rules that sparked worry Thursday, 16 Apr 2015 | 11:40 PM ET

    BEIJING, April 17- China has put on hold bank-technology rules that Washington and others complained amount to unfair regulatory pressure on foreign firms, a government notice seen by Reuters said. Secretary of Commerce Penny Pritzker visits China on a high-profile trade mission to drum up business for U.S. firms. "I think the government concern is reasonable,...

  • WASHINGTON, April 16- Iraq is committed to making difficult reforms to its bureaucracy and regulations for foreign companies in order to attract much-needed investment, Prime Minister Haidar al-Abadi said at a Washington forum on Thursday. "In Iraq I think it's playing a role in delaying investment. The fiscal crisis in Iraq had focused officials' minds on the...

  • Family Endowment Partners LP and its head, Lee Weiss, steered the couple, James and Jane Sutow, to a $9 million investment in Biosyntec Polska, according to an American Arbitration Association ruling on Tuesday. The firm, which also has offices in Pennsylvania and Maryland, manages $335 million in assets, according to a regulatory filing. The Sutows lost a total of...

  • MIAMI, April 16- Boost Mobile, part of Sprint Corp, on Thursday launched a prepaid plan for U.S. consumers calling and texting Cuba, taking advantage of new, relaxed U.S. commercial regulations with the Communist-run island nation. The Obama administration's new Cuban policy regulations approved by the Treasury and Commerce departments have opened the door for...

  • Judges Thomas Griffith and Brett Kavanaugh, both of the U.S. Court of Appeals for the District of Columbia Circuit, asked if it was too early to address whether the Environmental Protection Agency had the legal authority to regulate power plants, as proposed under the administration's Clean Power Plan. The high-profile hearing featured arguments by Laurence...

  • April 16- Venture capital firm Andreessen Horowitz has hired Facebook Inc's former general counsel Ted Ullyot for handling its policy and regulatory affairs. Ullyot has earlier been a litigation partner in Kirkland& Ellis LLP. President George W. Bush and chief of staff at the Justice Department under former attorney general Alberto Gonzales.

  • Penn National updates plans for Plainville slot parlor Thursday, 16 Apr 2015 | 1:31 PM ET

    BOSTON— Massachusetts is inching closer to the official launch of its casino industry, as Penn National Gaming submitted revised plans Thursday for a slot parlor slated to open in June along the Rhode Island border while regulators highlighted steps the state still needs to complete before it can oversee gambling operations. Plans for Plainridge Park still...

  • 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...