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Government Agencies

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  • The civil antitrust investigation by the Justice Department appears to focus on whether airlines illegally signaled to each other how quickly they would add new flights, routes and extra seats. A letter received Tuesday by major U.S. carriers demands copies of all communications the airlines had with each other, Wall Street analysts and major shareholders...

  • Treasuries prices fell on Wednesday as hopes of a Greece debt deal pared safe-haven bids for U.S. government bonds and a stronger-than-expected report on private jobs growth revived bets on a Federal Reserve rate hike later this year. Greek Prime Minister Alexis Tsipras has told international lenders his government could accept their bailout offer if some...

  • July 1- Bayer Healthcare said on Wednesday the U.S. Food and Drug Administration approved using transvaginal ultrasound as an alternate test to confirm if the company's Essure permanent birth control device has been placed properly. But since its approval in 2002, women using the device have sent the FDA more than 5,000 complaints, ranging from pain and...

  • Santelli Exchange: Will Greece strike a deal?

    Jim Bianco, Bianco Research president, joins CNBC's Rick Santelli to discuss the latest market action and Greece.

  • Because the products are not overseen by FDA regulators they could be contaminated or manufactured incorrectly. The agency notes that there are numerous FDA- approved ear drops, so "little or no impact on patients" is expected from removing the products from the market. Companies that want federal approval for their drugs must submit an FDA application for...

  • July 1- U.S. private employers ramped up their hiring in June, as a report by a payrolls processor on Wednesday showed businesses adding the greatest number of workers in six months, a further sign of labor market improvement that may allow the Federal Reserve to raise interest rates later this year. "The U.S. job machine remains in high gear," Mark Zandi, chief...

  • Treasuries prices fell on Wednesday as hopes of a Greece debt deal pared safehaven bids for U.S. government bonds and a stronger-than-expected report on private jobs growth revived bets on a Federal Reserve rate hike later this year. Greek Prime Minister Alexis Tsipras has told international lenders his government could accept their bailout offer if some...

  • NEW YORK, July 1- U.S. private employers added 237,000 jobs in June, the biggest gain since December, suggesting further improvement in the jobs market which may allow the Federal Reserve to raise interest rates later this year, a report by a payrolls processor showed on Wednesday. May private payroll gains were revised up to 203,000 from an originally reported...

  • *Chicago Board of Trade December corn fell 0.3 percent to $4.30-1/ 4 a bushel, having gained 7.3 percent the day before when prices marked $4.32-1/ 4 a bushel- their highest since Dec. 30, 2014. *The USDA forecast 88.897 million acres of corn has been planted, below trade estimates of 89.292 million acres. *The USDA pegged soybean plantings at 85.139 million acres, ahead...

  • WASHINGTON, June 30- The Federal Reserve is on track to raise interest rates this year, with September still "in play," a top Federal Reserve official said on Tuesday, despite growing market volatility and anxiety in the wake of Greece's debt default. Louis Fed President James Bullard shrugged off the impact of Greece's economic problems and said the Fed will...

  • CHICAGO, June 30- U.S. grain and soybean futures on Tuesday climbed to their highest prices since December after the U.S. Agriculture Department said crop stockpiles and spring plantings were smaller than analysts expected. U.S. corn and soybean stocks as of June 1 were up from a year ago, after record-large harvests last year, but below market forecasts due to...

  • June 30- The U.S. Food and Drug Administration said it is seeking additional data and comments on liquid nicotine as it considers warning the public about the dangers of its exposure amid a rise in electronic cigarette use. More Americans are using e-cigarettes and other vaporizing devices than a year ago, a Reuters/ Ipsos poll showed in June.

  • CHICAGO, June 30- U.S. grain and soybean futures jumped to their highest prices since January on Tuesday after the U.S. Agriculture Department said crop stockpiles and spring plantings were smaller than analysts expected. U.S. corn and soybean stocks as of June 1 were up from a year ago, after record-large harvests last year, but below market forecasts due to heavy...

  • FDA weighs new restrictions on liquid nicotine products Tuesday, 30 Jun 2015 | 10:54 AM ET

    The Food and Drug Administration said Tuesday it is responding to an uptick in nicotine poisonings reported by emergency rooms and poison centers nationwide, many involving infants and children. Under a 2009 law, the FDA gained authority to regulate some aspects of cigarettes and other traditional tobacco products. A year ago, the FDA released a proposal...

  • NEW YORK, June 30- A divided federal appeals court on Tuesday said Apple Inc orchestrated a conspiracy with five publishers to increase e-book prices, in a victory for the U.S. Justice Department. By a 2-1 vote, the 2nd U.S. Circuit Court of Appeals agreed with a lower court judge that the conspiracy violated federal antitrust law, and that the judge acted properly in...

  • Background checks suspended after hack Tuesday, 30 Jun 2015 | 10:00 AM ET
    Background checks suspended after hack

    U.S. Office of Personnel Management is suspending a program used for background checks after the big data breach that exposed personal info of millions of current and former government workers.

  • 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.