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  • What Google wants with its $5.5M in lobbying Friday, 24 Apr 2015 | 12:17 PM ET
    Hand touching screen with Google's website displayed

    The company spent $5.5 million lobbying Congress in the first quarter, and its interests are as varied as one might expect.

  • *Euro trims gains as Greece gets aid warning. NEW YORK, April 24- Data showing a seventh straight monthly decline in U.S. business spending plans knocked the dollar lower on Friday and gave Federal Reserve policymakers even less reason to raise near-zero interest rates any time soon. The euro backed away from a two-week high against the dollar, however, after euro...

  • WASHINGTON, April 23- An executive of Hitachi Automotive Systems Ltd has been sentenced to 15 months in prison for his role in a plan to fix the price of starter motors, alternators and other auto parts, the Justice Department said on Thursday. Takashi Toyokuni, who pleaded guilty in the U.S. District Court for the Eastern District of Michigan, also agreed to pay a...

  • WASHINGTON, April 23- The U.S. Justice Department has sued Quicken Loans Inc for filing false claims on government-insured mortgages and other violations. The complaint, filed in the U.S. District Court for the District of Columbia on Thursday, said the company improperly originated and underwrote mortgages insured by the Federal Housing Administration.

  • FTC says company that tracks shoppers also misled them Thursday, 23 Apr 2015 | 5:57 PM ET

    NEW YORK— A company that helps retailers track shopper's movements deceived consumers by saying that it would inform them when they were being tracked and give them the chance to opt-out, but never did, the Federal Trade Commission said Thursday. Nomi Corp. has agreed not to make any future misleading claims that consumers can control whether information is...

  • April 23- Comcast Corp plans to drop its $45 billion offer to buy Time Warner Cable Inc in the face of opposition from U.S. regulators, Bloomberg reported on Thursday, citing people with knowledge of the matter. The news came a day after Comcast and Time Warner Cable officials met with reviewers from the Federal Communications Commission and the Justice...

  • NEW YORK— The Justice Department is suing Quicken Loans, saying the lender approved hundreds of mortgage loans that didn't meet federal standards, leaving the government stuck with the bill when borrowers defaulted. The U.S. Department of Justice said Thursday that between September 2007 and December 2011, Quicken approved, underwrote, and certified the...

  • April 23- Comcast Corp plans to drop its $45 billion offer to buy Time Warner Cable Inc in the face of opposition from U.S. regulators, Bloomberg reported on Thursday, citing people with knowledge of the matter. The news comes after Comcast and Time Warner Cable officials' meetings on Wednesday with Federal Communications Commission and the Justice Department...

  • April 23- Comcast Corp plans to drop its $45 billion offer to buy Time Warner Cable Inc in the face of opposition from U.S. regulators, Bloomberg reported on Thursday, citing people with knowledge of the matter. The news comes after Comcast and Time Warner Cable officials' meetings on Wednesday with Federal Communications Commission and the Justice Department...

  • WASHINGTON, April 23- The U.S. Justice Department has sued Quicken Loans Inc for filing false claims on government-insured mortgages and other violations. The complaint, filed in the U.S. District Court for the District of Columbia on Thursday, said the company improperly originated and underwrote mortgages insured by the Federal Housing Administration.

  • WASHINGTON, April 23- The United States has filed a lawsuit against Quicken Loans Inc over allegations that the company improperly originated and underwrote mortgages insured by the Federal Housing Administration, the Justice Department said on Thursday.

  • Business events scheduled for the coming week Thursday, 23 Apr 2015 | 1:43 PM ET

    Restaurant Brands International Inc. reports quarterly financial results before the market opens. WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for February, 9 a.m.; The Conference Board releases the Consumer Confidence Index for April, 10 a.m.; Federal Reserve policymakers meet to set interest rates. WASHINGTON— Commerce...

  • DETROIT— A judge won't dismiss a lawsuit filed on behalf of a transgender embalmer who was fired by a Detroit- area funeral home after disclosing that she was transitioning from male to female and would dress as a woman. It's an early victory for the U.S. Equal Employment Opportunity Commission in litigation against R.G.& G.R. Harris Funeral Home in Garden City.

  • April 23- Boehringer Ingelheim Pharmaceuticals Inc said its drug to reverse blood thinning was granted a priority review status by the U.S. Food and Drug Administration, accelerating the regulatory process by four months.

  • *Gold posted biggest daily loss in 1 month on Wed. LONDON, April 23- Gold edged above a three-week low on Thursday, as the dollar and shares eased, following its biggest drop in over a month after strong U.S. housing data stoked expectations the Federal Reserve could raise interest rates soon. Spot gold ticked up 0.2 percent to $1,189.58 an ounce by 1214 GMT, after...

  • April 23- Boehringer Ingelheim Pharmaceuticals Inc said its emergency blood clotting agent was granted a priority review status by the U.S. Food and Drug Administration, accelerating the regulatory process by four months.

  • *Gold retains losses from biggest drop in over a month. LONDON, April 23- Gold held just above a three-week low on Thursday, following its biggest drop in over a month, as the dollar rose following strong U.S. housing data that stoked expectations the Federal Reserve could raise interest rates soon. Spot gold ticked up 0.1 percent to $1,187.48 an ounce by 0924 GMT,...

  • Why asset managers are worrying the Fed Thursday, 23 Apr 2015 | 2:36 AM ET
    The Federal Reserve Building in Washington, D.C.

    Sections of the U.S. financial system that may be vulnerable to investor panic are raising concerns inside the Federal Reserve.

  • Fed eyes ability of asset managers to repay in a panic Thursday, 23 Apr 2015 | 1:00 AM ET

    WASHINGTON/ NEW YORK, April 23- Sections of the U.S. financial system that may be vulnerable to investor panic are raising concerns inside the Federal Reserve, as policymakers preparing for the first interest-rate hike in nearly a decade seek to ensure that the market is ready and able to handle it whenever it happens. "Some open-ended mutual funds offer daily...

  • PRECIOUS-Strong U.S. housing data keeps gold below $1,200 Wednesday, 22 Apr 2015 | 8:46 PM ET

    SINGAPORE, April 23- Gold hovered below $1,200 an ounce on Thursday, following its biggest drop in over a month, as strong U.S. housing data stoked expectations the Federal Reserve would soon hike interest rates. *Spot gold was flat at $1,187.20 an ounce by 0036 GMT, near its lowest in a week. *Greece can scrape together enough cash to meet its payment obligations into...