GO
Loading...

Enter multiple symbols separated by commas

Regulations

More

  • Japan approves third nuclear plant for restart Tuesday, 19 May 2015 | 10:33 PM ET

    TOKYO, May 20- Japan's nuclear regulator signed off on the basic safety of a reactor at a third nuclear plant on Wednesday, as the country inches toward rebooting its atomic industry more than four years after the 2011 Fukushima disaster. The decision will be a boost for operator Shikoku Electric Power Co, which relied on its sole Ikata nuclear power station in...

  • WASHINGTON, May 19- Yahoo Inc shares fell 7.6 percent on Tuesday on concerns that a possible change in U.S. tax regulations would affect Yahoo's planned spinoff of its stake in Alibaba Group Holding Ltd.. The change- discussed by a U.S. Internal Revenue Service official in Washington- could complicate the plan announced by Yahoo in January to spin off its 15...

  • May 19- UBS AG must buy back an investor's Puerto Rico bond fund portfolio for $1 million, securities arbitrators ruled on Tuesday in a rare, lengthy rebuke of the firm's sales practices on the Caribbean island. A Financial Industry Regulatory Authority arbitration panel in San Juan found two UBS units liable to the investor, Juan Burgos Rosado, whose losses in...

  • Models covered by expanded Takata air bag recall Tuesday, 19 May 2015 | 7:52 PM ET

    Japanese air bag maker Takata Corp. bowed to pressure from U.S. safety regulators Tuesday and agreed to declare 33.8 million air bags defective. Here are the models from previous recalls affected by the expansion, which vaults the Takata recall crisis into the largest automotive recall in U.S. history:. Models are preliminary and scope of recall subject to...

  • NEW YORK, May 19- A federal judge said on Tuesday he would not approve a proposed $50 million settlement between the Consumer Financial Protection Bureau and Sprint Corp over claims the mobile carrier added unauthorized charges to phone bills unless the two sides provide additional details about its fairness. The proposed agreement is part of a broader deal...

  • WASHINGTON, May 19- Shares in Yahoo Inc fell 7.6 percent on Tuesday, as the stock sold off dramatically in the last 20 minutes of the trading day on worries that a potential change in U.S. tax regulations would affect Yahoo's expected spinoff of its stake in Alibaba Group Holding Ltd. The potential change, which Bloomberg reported that an Internal Revenue Service...

  • WILMINGTON, Del., May 19- The bankruptcy of Corinthian Colleges Inc, one of the biggest for-profit college chains, has set off a scramble to find a way to wipe away billions of dollars of student loans for those who attended its campuses. The groups, including the National Consumer Law Center, said the Department of Education had the authority because Corinthian...

  • Achillion partners with J&J to develop hep C drugs Tuesday, 19 May 2015 | 4:29 PM ET

    May 19- Achillion Pharmaceuticals Inc said it will collaborate with Johnson& Johnson to develop and market one or more of its hepatitis C drugs. Achillion will be eligible for milestone payments of up to $1.1 billion related to the development, regulatory approval and sales of the drugs. Johnson& Johnson will also invest $225 million in Achillion in return for...

  • WASHINGTON/ DETROIT, May 19- Japanese air bag manufacturer Takata Corp is doubling a recall of air bags to nearly 34 million vehicles, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. The recall, which still does not identify the cause of the problem, involves passenger and driver-side air bags in vehicles made by...

  • WASHINGTON/ DETROIT, May 19- Japanese air bag manufacturer Takata Corp has agreed to declare nearly 34 million vehicles defective due to problems with air bag inflators, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. Transportation Secretary Anthony Foxx said NHTSA also issued a consent order to Takata,...

  • WASHINGTON, May 19- Japanese air bag manufacturer Takata Corp has agreed to declare nearly 34 million vehicles defective due to problems with air bag inflators, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday. Transportation Secretary Anthony Foxx said NHTSA also issued a consent order to Takata, requiring...

  • Takata air bag recall doubles to nearly 34 million Tuesday, 19 May 2015 | 1:54 PM ET

    WASHINGTON— Under pressure from U.S. safety regulators, Takata Corp. has agreed to declare 33.8 million air bags defective, a move that will double the number of cars and trucks included in what is now the largest auto recall in U.S. history. "We know that owners are worried about their safety and the safety of their families," said Mark Rosekind, head of the National...

  • PayPal facing $25M sanction for illegal credit sign-ups Tuesday, 19 May 2015 | 12:33 PM ET

    WASHINGTON— Federal regulators are proposing that PayPal Inc. pay $25 million to resolve allegations that it illegally signed up customers for its online credit product, used misleading advertising and mishandled billing disputes. If the order is approved by a federal judge in Maryland, PayPal would refund $15 million to customers and pay a $10 million fine.

  • WASHINGTON, May 19- The U.S. consumer financial watchdog on Tuesday accused PayPal of illegally signing consumers up for an online credit product without their permission and directed the company to pay a total of $25 million in fines and consumer redress. The Consumer Financial Protection Bureau said PayPal, eBay Inc's electronic payments division, signed...

  • NEW YORK— Safety regulators say Ohio- based Rocky Brands is recalling 1,800 pair of "snake proof" hunting boots because their snake bite protection could fail. The agency says a Rocky Brands contractor was injured during a recent demonstration after the guard failed. Rocky Brands Inc. of Nelsonville, Ohio, can be reached toll-free at 245-2159 from 8 a.m. to 12 a.m. ET...

  • Impatience grows with the 'Ronald Reagan' of Asia Tuesday, 19 May 2015 | 11:37 AM ET
    Indian Prime Minister Narendra Modi attends the India-China Business Forum in Shanghai, May 16, 2015.

    Almost exactly a year after Narendra Modi's election, some Indian market-watchers are getting impatient for better days.

  • WASHINGTON, May 19- UPS has agreed to pay $25 million to settle some allegations that it submitted false claims to the U.S. government in an attempt to hide late deliveries, according court documents unsealed on Tuesday and released by the U.S. Department of Justice. The federal government as well as nineteen states, the District of Columbia and the cities of...

  • *Ex-regulator Sants to lead review of UK competitiveness. FRANKFURT/ LONDON, May 19- Deutsche Bank is considering cutting its UK operations should the country pull out of the European Union and an industry lobby group said several other banks are mothballing investments until the outcome of Britain's EU referendum is known. It is not the only one to rethink...

  • HARTFORD, Conn.— Federal authorities are investigating a Connecticut gun-maker after agents found nearly 3,000 assault rifle parts missing serial numbers, according to recently filed court documents. Bureau of Alcohol, Tobacco, Firearms and Explosives agents seized nearly 300 of the AR-15 parts from Stag Arms in September following routine inspections,...

  • May 19- Hong Kong stocks rose on Tuesday, led by Chinese companies, as excitement in mainland markets over accelerated economic reform and financial deregulation rippled across the border. But gains in Hong Kong were more muted, as major foreign institutions including BNP Paribas Investment Partners and Morgan Stanley have turned cautious after the Hong...