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Government Agencies

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  • LONDON, June 30- In a rare defeat for the U.S. Environmental Protection Agency, the U.S. Supreme Court ordered it on Monday to reconsider whether the EPA's regulations on mercury and other toxic emissions from power plants are appropriate and necessary. While the EPA considered the costs and benefits of various regulatory options later in the rule-writing...

  • OPM to suspend IT system after hack Tuesday, 30 Jun 2015 | 7:08 AM ET
    The Theodore Roosevelt Federal Building that houses the Office of Personnel Management headquarters is shown June 5, 2015 in Washington, DC.

    OPM will temporarily suspend a program it uses to complete background investigations, following a data breach.

  • CHICAGO, June 29- Fresh beef from Brazil and Argentina will be allowed into the United States under amended regulations that specify conditions to mitigate risk of foot-and-mouth disease, the U.S. Department of Agriculture's Animal and Plant Health Inspection Service said on Monday. Brazil and Argentina also need to meet food safety standards before being...

  • Michael Cloherty, head of U.S. rates strategy at Royal Bank of Canada's RBC Capital Markets unit in New York, said events in Greece did not significantly change the outlook for the Fed. "This isn't a' watch Greece' situation... While we have chaos in Greece, there are no signs of dramatic contagion yet, and that's why it doesn't change the Fed's tone, "he said.

  • In their June 25 lawsuit, Yale University's Global Health Justice Partnership and the Treatment Action Group, an AIDS non-profit, said doctors and patients deserve more information about the "enormously costly" drugs Harvoni and Sovaldi to make informed decisions about whether to use them. The plaintiffs said Gilead ignored its request for the trial data,...

  • Greek drama not likely to waylay Federal Reserve Monday, 29 Jun 2015 | 12:58 PM ET

    Michael Cloherty, head of U.S. rates strategy at Royal Bank of Canada's RBC Capital Markets unit in New York, said events in Greece did not significantly change the outlook for the Fed. "This isn't a' watch Greece' situation... While we have chaos in Greece, there are no signs of dramatic contagion yet, and that's why it doesn't change the Fed's tone, "he said.

  • Sysco pulling out of US Foods buyout after FTC move Monday, 29 Jun 2015 | 8:32 AM ET

    NEW YORK— Sysco is scrapping its proposed $3.5 billion buyout of US Foods after a Federal Trade Commission legal victory that temporarily blocked the deal to combine the two food-service companies. It will pay $300 million to US Foods and $12.5 million to another company, Performance Foods Group, in breakup fees. Performance Foods had a deal to buy 11 US Foods...

  • RENO, Nev.— Federal Bureau of Land Management officials are defending their request for special housing accommodations during the annual Burning Man counterculture festival in Nevada, disputing comments by Sen. Burning Man organizers have refused the request, saying amenities such as flush toilets, washers and dryers, showers, air conditioning and...

  • LONDON, June 28- Central banks with inflation targets are at growing risk of policy errors because they are struggling to adequately understand what drives inflation, the Bank for International Settlements said on Sunday. Federal Reserve, European Central Bank and Bank of England, have specific annual inflation goals over specific time horizons which they...

  • VA grilled on budget, urged to sell boutique hotel Friday, 26 Jun 2015 | 11:46 AM ET
    The vertical garden (Vegetal Wall) is shown in the courtyard of the Pershing Hall hotel in Paris.

    Veterans Administration officials were grilled by Congress on Thursday about a budget shortfall of at least $2.6 billion.

  • Govt: 15 emails missing from Hillary Clinton cache Friday, 26 Jun 2015 | 7:40 AM ET
    Democratic presidential candidate and former U.S. Secretary of State Hillary Clinton speaks during the 2015 United States Conference of Mayors on June 20, 2015 in San Francisco.

    The State Department cannot find in its records all or part of 15 work-related emails from Hillary Rodham Clinton's private server.

  • June 26- Charter Communications Inc formally argued for regulatory approval for its Time Warner Cable Inc and Bright House Networks deals, saying consumers would benefit as Internet services would become cheaper and faster. Charter said in a filing with the Federal Communications Commission on Thursday that it would not block or suppress Internet traffic...

  • IMF to Fed: Drop the dots Thursday, 25 Jun 2015 | 5:19 PM ET

    WASHINGTON, June 25- Now that International Monetary Fund head Christine Lagarde has told the Fed to wait to raise interest rates, the IMF staff has followed up with suggestions that the U.S. central bank remake its communications policy and, in a phrase, ditch the dots. The dot plot of interest rate projections issued by Fed officials every three months is...

  • The U.S. Consumer Product Safety Commission and Health Canada posted the joint recall with Lululemon on Thursday and said consumers should either remove the draw cord or contact Lululemon for a non-elastic replacement. The latest recall, which was initiated by Lululemon, affects some 318,000 tops in a variety of styles sold in the United States and Canada...

  • Lululemon recalls 318K tops over elastic cords Thursday, 25 Jun 2015 | 3:55 PM ET
    A Lululemon Athletica store in Pasadena, California.

    Lululemon Athletica recalled more than 300,000 women's tops because of a risk from the product's elastic drawcords.

  • TORONTO, June 25- Lululemon Athletica Inc, which was hit by high-profile recall of overly sheer yoga pants in 2013, is recalling more than 300,000 women's tops due to the risk from the product's elastic draw cords, Canadian and U.S. government websites said on Thursday. The U.S. Consumer Product Safety Commission and Health Canada said consumers should either...

  • The U.S. Consumer Product Safety Commission said the tops have an elastic draw cord with a metal or plastic tip in the hood or in the neck area. About 185,000 of the tops were sold in Canada and 133,000 were sold in the U.S. between January 2008 and December 2014. The items were sold under a variety of names, colors and styles, and they cost $75 to $260.

  • WASHINGTON, June 25- U.S. Federal Communications Commission Chairman Tom Wheeler wants the agency to reject a T-Mobile US Inc request that more airwaves be set aside for smaller wireless companies like itself to bid on during a government auction next year. Reuters last month reported the regulators were leaning toward such a decision amid vigorous lobbying...

  • WASHINGTON, June 25- U.S. Federal Communications Commission Chairman Tom Wheeler on Thursday proposed changes to the rules for government airwaves auctions to prevent big companies from tapping a discount program intended for small businesses. The program rules drew fresh scrutiny earlier this year after two companies affiliated with Dish Network Corp...

  • FDA reviewing safety of Essure birth control implant Thursday, 25 Jun 2015 | 10:26 AM ET

    The Food and Drug Administration says those problems have not been established in studies of the device and are not listed on the product label. The device was first approved by the FDA in 2002.. Despite those findings, the FDA says it has continued to receive reports of complications from patients.