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Regulations

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  • China to Issue 3G Licenses, Merge Telco Majors Sunday, 25 May 2008 | 8:05 PM ET
    Cell phone tower, telcom, telecom

    China will issue three Licenses for high-speed third-generation mobile phone services and called for a merger of China Unicom and China Netcom, two of its four biggest telecoms providers, in a long-awaited industry revamp.

  • Pfizer's Chantix Hit by New Side Effects Study Wednesday, 21 May 2008 | 5:36 PM ET

    New data on Pfizer's Chantix drug to help stop smoking raises new concerns about serious side effects, especially for drivers, pilots and others operating heavy machinery, researchers said on Wednesday.

  • Bush Won't Veto Bill Halting Shipments to Oil Reserve Thursday, 15 May 2008 | 10:50 AM ET

    The White House said that President Bush would not veto a final bill from Congress that orders a halt to filling the Strategic Petroleum Reserve while oil prices are very high.

  • J&J Stent Ad Under Fire in Medical Journal Wednesday, 14 May 2008 | 5:01 PM ET
    Johnson & Johnson

    Two cardiologists write in "The New England Journal of Medicine" that Johnson and Johnson's first-of-its kind TV commercial for a heart stent is aimed at "millions of people who are ill-equipped to make judgments" about the device.

  • A Wish List for Fixing Wall Street Tuesday, 13 May 2008 | 10:57 AM ET
    Griffin_Kenneth_C.jpg

    One of the hedge fund industry's most successful asset managers is calling for more regulatory scrutiny of Wall Street.

  • JPMorgan Makes Offers to 6,000 Bear Stearns Staff Monday, 12 May 2008 | 5:52 PM ET
    jpmorgan_bear_Sterns_graphic.jpg

    JPMorgan, acquiring rival investment bank Bear Stearns amid one of the worst market slumps ever, so far has extended jobs to about 6,000 out of Bear's nearly 14,000 employees, a person familiar with the situation said on Monday.

  • NY Official Hints at Credit Derivatives Regulation Monday, 12 May 2008 | 1:22 PM ET

    New York Insurance Superintendent Eric Dinallo said it may make sense to discuss regulating certain segments of the credit derivatives market as if they were insurance products.

  • Merck Plans to Reduce US Sales Force by 1,200 Monday, 5 May 2008 | 4:58 PM ET

    Merck, whose earnings have been hurt by patent expirations and declining sales of its Vytorin cholesterol fighter, said Monday it will eliminate another 1,200 members of its U.S. sales force as part of a restructuring begun in late 2005.

  • Subprime Mortgage Collapse Under Federal Probe Monday, 5 May 2008 | 5:42 AM ET
    Fed Cut and Mortgage

    Federal prosecutors in New York have formed a task force together with other government agencies to examine the collapse of the market for risky home loans, a spokesman for the U.S. Attorney's Office in Brooklyn said Monday.

  • New Credit Card Rules Get Fed, Regulator Backing Friday, 2 May 2008 | 5:17 PM ET
    Federal_reserve_blg_seal3.jpg

    The Federal Reserve on Friday joined other U.S. banking regulators in backing new limits on certain billing practices by credit card companies.

  • Merck Warned by FDA over Manufacturing Plant Wednesday, 30 Apr 2008 | 11:51 AM ET

    Merck says it has received a warning letter from the Food and Drug Administration over concerns at one of its major vaccine manufacturing plants.

  • Genentech, Biogen Idec Shares Hit by Study Results Tuesday, 29 Apr 2008 | 12:07 PM ET

    Genentech and Biogen Idec said a key study of Rituxan did not meet its main goal of a response in patients with systemic lupus erythematosus, commonly called lupus.

  • Merck Shares Plunge as Cholesterol Drug Rejected Tuesday, 29 Apr 2008 | 11:20 AM ET
    Merck

    U.S. health regulators have rejected a new drug from Merck that was designed to raise the level of HDL, or "good" cholesterol, the company said, sending its shares plunging more than 10 percent.

  • Short-Seller Charged with Lying about ADS Acquisition Thursday, 24 Apr 2008 | 11:50 AM ET

    U.S. securities regulators said on Thursday they filed a settled complaint against a Wall Street trader accused of intentionally spreading false rumors about the planned acquisition of Alliance Data Systems while selling the stock short.

  • Companies' 'Green' Claims Often Misleading: Experts Tuesday, 22 Apr 2008 | 12:19 PM ET
    greenworks.jpg

    Many companies are guilty of "greenwashing" -- claims that mislead consumers, by words or image, about the environmenal impact of their products, experts say.

  • New York AG Probing Auction-Rate Securities Friday, 18 Apr 2008 | 6:18 AM ET

    New York's attorney general and securities regulators in several U.S. states are probing auction-rate securities and the role Wall Street firms had in enticing investors into the troubled $330 billion market.

  • US Regulators to Settle with Ex-Fannie Executives Thursday, 17 Apr 2008 | 10:23 PM ET
    fannie_mae_logo.jpg

    U.S. federal regulators will announce a settlement on Friday with former Fannie Mae  executives over their alleged roles in a 2004 multibillion-dollar accounting scandal, a person familiar with the settlement said on Thursday.

  • Did Ending Regulation Help Fliers? Thursday, 17 Apr 2008 | 12:24 PM ET
    plane_4769.jpg

    Thirty years have passed since the airline industry was deregulated. Has it really worked out as originally envisioned?

  • As You Like It Wednesday, 16 Apr 2008 | 3:41 AM ET
    AsYouLikeIt.jpg

    ... Burlesque in one Act by the U.S. Securities & Exchange Commission

  • Senate Passes Housing Bill, But More Changes Likely Thursday, 10 Apr 2008 | 12:25 PM ET
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    The Senate has passed a bipartisan measure aimed at boosting the housing market and easing the threat of foreclosures.