Law and Regulations
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The iconic Empire State Building has been at the center of battles for control by larger-than-life figures. A new one is coming to a head. The NY Times reports.
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Novartis plied physicians with dinners, speaker fees, fishing trips and outings at Hooters restaurants to get them to prescribe patients more Novartis drugs, the US government alleges. Globalpost reports.
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High-frequency traders are facing "speed limits" on a major trading platform, which is being touted as a template for a regulatory clampdown on computer-driven activity, the FT reports.
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Bankers who behave recklessly would be jailed under a new law being considered by MPs and peers on the banking commission, whose final report is due next month. The FT reports.
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Japan's securities watchdog is investigating a U.S.-based investment company on suspicion that it falsified reports and could not account for up to $1.4 billion in disclosed funds.
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In a marked difference to prior annual meetings, Citigroup shareholders praised management and the board on Wednesday for revitalizing the bank's strategy.
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If not for the Fed's cheap money, spending cuts likely would be having a larger impact on economic growth, hiring, business spending and consumer sentiment. NBC News.
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A regulatory filing on behalf of Suffolk County shows it missed an interest payment on some of its debt, putting the county technically in default.
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Max Baucus, chairman of the powerful Senate Finance Committee, will not seek re-election to a seventh term next year, according to a Democratic aide.
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A policy change scheduled to go into effect this week that would have allowed passengers to carry small knives, bats and other sports equipment onto airliners will be delayed.
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White House Press Secretary Jay Carney says Dzhokhar Tsarnaev will not be treated as an "enemy combatant" in the Boston Marathon bombings case.
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A growing number of business are declaring that they are not ordinary corporations, but are something else—special trusts that are typically exempt from paying federal taxes.
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The regulator's approval is crucial in returning the jet to service after it was grounded for over three months because of lithium-ion batteries that caught fire.
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The Justice Department and Anheuser-Busch InBev have reached agreement to let the beer giant expand its stake in Mexico's Grupo Modelo, according to court documents and company statements.
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Twenty-four current and former Internal Revenue Service employees have been charged with stealing government benefits, federal prosecutors said Wednesday.
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The ballooning banks' bottom lines - some thing the first quarter will be the best ever - could embolden lawmakers and regulators who want to overhaul the banking system. NYT reports.
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In Michigan, more than 3,500 lottery winners are also on public assistance, drawing attention to waste in a state still reeling from the nation's economic downturn.
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For the past year, a special team of regulators has been trying to end Wall Street's attitude that large banks can always look forward to a bailout.
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The man at the center of a new financial scandal that could involve some NFL and NBA players came out swinging against a complaint from regulators.
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A bankruptcy judge rejected $20 million severance for American Airlines CEO Thomas Horton that was part of a merger agreement with USAirways.