Having taken the helm of the National Highway Traffic Safety Administration in January, Mark Rosekind has wasted no time in forcing reluctant companies into recalling millions of defective vehicles. In the past week alone, the agency announced the biggest recall in history, involving nearly 34 million vehicles with potentially deadly Takata Corp air bags.» Read More
J Sainsbury and Asda, Wal-Mart's British supermarket unit, have admitted joining with other companies in fixing the price of dairy products in Britain, the Office of Fair Trading said Friday.
Christie's auction house will hold the first liquor auction since Prohibition this weekend in New York, with some rare whiskies expected to fetch up to $30,000 a bottle.
Tests on more than 1,200 children's products, most of them still on store shelves, found that 35 percent contain lead -- many with levels far above the federal recall standard used for lead paint.
A federal judge has named two New York pension funds lead plaintiffs for five class-action lawsuits accusing Countrywide Financial, the largest US mortgage lender, of inflating earnings and overstating its ability to weather the housing slump.
European Union regulators said Thursday they will investigate whether British telecoms company BT Group is getting unfair financial help from the British government because its state guarantee exempts it from normal company pension rules.
The U.S. Department of Agriculture told Tyson Foods the department made a mistake and that the second-largest U.S. chicken producer could no longer label products as "raised without antibiotics," the Wall Street Journal reported on Monday.
XM Satellite Chairman Gary Parsons told CNBC he is hopeful about federal regulatory approval for the company's proposed merger with Sirius Satellite Radio.
Bear Stearns expects to write down $1.2 billion of assets linked to mortgages in the fourth quarter, but the worst of the bank's mortgage writedowns is over, Bear's chief financial officer said.
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XM Satellite Radio Holdings said the U.S. Federal Trade Commission closed its inquiry into XM's marketing and customer service practices without any action.
Japanese and European antitrust authorities raided companies making cathode ray tubes on Thursday on suspicion of price-fixing.
New York Attorney General Andrew Cuomo was wrong to file subpoenas against Fannie Mae and Freddie Mac without consulting their federal regulator and may have overreached his authority, the regulator wrote in a letter Thursday.
Internet advertisers have fallen short of promised self-regulation in respecting Internet users' privacy, a Federal Trade Commission official said, even as one firm, Tacoda, said it decided to refrain from collecting some sensitive information.
China's securities regulator has blocked a $119 million deal by Fuyao Group Glass Industries to sell a nearly 10 percent stake to an investment arm of Wall Street bank Goldman Sachs, Fuyao said on Monday.
Rep. Paul G. Rogers helped win passage of the Clean Air Act Extension of 1970, one of the nation's most important pieces of legislation and a major environmental milestone.
Former EPA boss turned business consultant Christine Todd Whitman says we need national policies on energy and climate change and the lack of them is frustrating business, which wants "to do the right thing."
Federal regulators on Wednesday approved a rule that would ban exclusive agreements that cable television operators have with apartment buildings, opening up competition for other video providers that could eventually lead to lower prices.
Cramer expects this fiber-optic company to be glowing on the heels of an expected FCC ruling.
Britain's top supermarkets could be forced to sell land to encourage competition but the biggest, Tesco, is not in such a strong position that it stifles rivals, the UK's Competition Commission said on Wednesday.
Two former officers at a company that supplies body armor to the U.S. Army face charges they inflated the company's stock price and made nearly $200 million in the process.