Law Legislation

  • Here's the latest update on the trans-fat ban: New York is about to become the first large American city to strictly limit trans-fats in all of its restaurants. The city's board of health voted to eliminate the unhealthy oil from nearly 20,000 eateries, from street corner vendors to the most expensive dining establishments. So why does the health world hate trans-fat so much?

  • In just a few hours-- the trans fat showdown begins in The Big Apple when the New York City  Health Department issues its vote on eliminating them from city restaurants. CNBC’s Mary Thompson "cut through the fat" to give the details on “Squawk Box.”

  • A new stock market regulatory agency is about to ride into town. The New York Stock Exchange and the NASD are announcing plans to combine their regulatory operations--and make the world's largest securities watch dog.

  • There's more than just a little rumbling over the Sarbanes-Oxley act--since it's become law in the U.S. Many say it's hurting companies with all of its compliance requirements--and hurting the stock market--particularly IPO's.

  • There’s legislation being debated in the U.S. Senate on whether to allow more oil drilling in the Gulf of Mexico. It's not just the oil--but the oil revenues coming in that's a big part of this. The benefit for nearby states is the chance of collecting federal royalties – as much as $650 million for each state.