The FAA allows hobbyists to use model aircraft or small drones so long as they keep them away from airports, fly them under 400 feet and keep the aircraft within sight of the remote-controlling operator at all times.» Read More
NEW YORK, Feb 3- A key measure of the U.S. labor market appears to exaggerate the damage brought on by the Great Recession, according to a fresh study by the Federal Reserve Bank of New York, suggesting the job market may be closer than previously thought to a full recovery.
NEW YORK, Feb 3- Former Federal Reserve Chairman Ben Bernanke began his new job at the Brookings Institution on Monday, wasting no time getting back to work just three days after ending his tenure as head of the world's most powerful central bank.
WASHINGTON, Feb 3- Japan- based Aisan Industry Co Ltd has agreed to plead guilty in the United States to conspiring to fix the prices of automobile parts and pay a criminal fine of $6.9 million, the U.S. Justice Department said on Monday. Aisan is one of 25 companies which law enforcement authorities in the United States, Europe or Asia have charged with price fixing.
*Former Fed chair becomes distinguished fellow in residence. NEW YORK, Feb 3- Ben Bernanke, who stepped down as chairman of the U.S Federal Reserve on Friday, checked into work Monday morning at his new job at the Brookings Institution, a centrist policy think tank based in Washington.
*BoE could look to the U.S. Fed to overhaul forward guidance. LONDON, Feb 3- When it begins overhauling its "forward guidance" policy this month, the Bank of England may be tempted to look across the Atlantic for inspiration, perhaps even cloning one of the tools that has served the U.S.
NEW YORK, Feb 3- Former Federal Reserve Chairman Ben Bernanke will join the Brookings Institution, a politically centrist policy think tank based in Washington, beginning on Monday. The former Princeton professor was succeeded at the Fed by Janet Yellen, the former vice chair who was sworn in as chair of the Fed Board on Monday morning.
WASHINGTON, Jan 31- The U.S. Food and Drug Administration said on Friday it is investigating the risk of stroke, heart attack and death in men taking prescription testosterone drugs.
MONDAY, FEB 3 WASHINGTON- Former Treasury Secretary Henry Paulson speaks at a documentary screening- 2230 GMT. TUESDAY, FEB 4 WINCHESTER, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, February 2014" economy before Shenandoah University students, faculty and staff and community leaders- 1330 GMT.
Jan 31- The U.S. Food and Drug Administration said on Friday it is investigating the risk of stroke, heart attack and death in men taking FDA- approved testosterone products. The move is based on the recent publication of two separate studies that suggested an increased risk of heart attacks in men taking testosterone, a hormone essential to male growth.
*India hopes to resolve FAA concerns by March, to seek review. "The FAA has determined that India at this time is not in compliance with the international standards for aviation safety oversight," the U.S. regulator told India in a communication, extracts of which were released by the Indian aviation ministry.
*India central banker says U.S. should do the right thing. MUMBAI/ NEW YORK, Jan 31- The Federal Reserve's decision to keep trimming its economic stimulus drew fire on Friday as India's central bank chief said Americans should be more attuned to the global impact of their policies, and the IMF called for vigilance given strains in financial markets.
WASHINGTON, Jan 31- Thermo Fisher Scientific Inc, the world's largest laboratory equipment maker, has won U.S. antitrust approval to buy California's Life Technologies Corp on the condition that some assets are sold, the Federal Trade Commission said on Friday. GH Health will purchase the divested businesses, the FTC said.
Jan 31- Incoming Federal Reserve Chair Janet Yellen will testify before U.S. lawmakers on Feb. 11 and again on Feb. 13 in what will probably be her first public comments on monetary policy and the economy after taking the reins at the U.S. central bank.
Jan 31- Incoming Federal Reserve Chair Janet Yellen will testify before U.S. lawmakers on Feb. 11 at 10 a.m., possibly her first public comments on monetary policy and the economy after taking the reins at the U.S. central bank.
Google's plan to sell Motorola's handset business to Lenovo now puts the spotlight on whether federal officials will agree the deal poses no national security concerns.
FRIDAY, JAN 31 VIRGINIA, United States- U.S Treasury Secretary Jack Lew will meet the CCAM's business and university partners. FORTH WORTH, United States- Federal Reserve Bank of Dallas President Richard Fisher speaks on "Federal Reserve Operations and Economic Update" at a community forum hosted by the Federal Reserve Bank of Dallas in Fort Worth, Texas- 1815 GMT.
NEW YORK, Jan 30- Foreign central banks slashed their holdings of U.S. debt stored at the Federal Reserve by the most in seven months during the past week, leaving these so-called custody holdings at the lowest level since November, Fed data released Thursday showed.
WASHINGTON, Jan 30- Janet Yellen, the first woman to chair the Federal Reserve in its 100- year history, will take over the reins of the U.S. central bank on Saturday and formally be sworn in next week, the Fed said on Thursday. Yellen, 67, who begins her post as the Fed unwinds its unprecedented efforts to boost the U.S. economy, will be sworn in at 9 a.m. EST on Feb. 3.
WASHINGTON, Jan 30- Janet Yellen, the first woman to chair the Federal Reserve in its 100- year history, will take over the reins of the U.S. central bank on Saturday but will only formally be sworn in next week, the Fed said on Thursday.
ENERGY SECRETARY MONIZ SAYS FEDERAL AGENCIES IN TOUCH WITH WHITE HOUSE ON PROPANE SHORTAGES.