Legislation Regulations

  • Officials say a computer breach in a vendor's system that processes online hunting and fishing license sales has exposed several million records containing personal information in Idaho, Oregon and Washington state. The Washington State Office of Cyber Security in a statement Friday says the U.S. Department of Homeland Security and FBI are investigating...

  • Aug 26- Britain's data privacy regulator said on Friday it would monitor how popular messaging service WhatsApp shares data with parent Facebook Inc under a new privacy policy. The Information Commission's Office said while some users may be concerned by the lack of control provided by the updated privacy policy, others may consider it a positive.

  • Aug 26- Diagnostic-testing company Alere Inc said on Friday it sued Abbott Laboratories in an attempt to force the company to move ahead with its $5.8 billion takeover of Alere. It said the complaint was filed Thursday in Delaware Chancery Court yesterday and should be made publicly available next week. Alere has received two U.S. Department of Justice...

  • Dodd-Frank for drug industry?

    Amid the Mylan EpiPen pricing saga, should there be greater regulation on the pharmaceuticals industry? Former Vermont Governor Howard Dean and CNBC Senior Contributor Larry Kudlow debate the issue.

  • Alere has received two U.S. Department of Justice subpoenas this year as part of two separate government investigations into its sales practices, and patient-billing records related to Medicare, Medicaid and Tricare. The company said on Friday it expects the redacted version of the complaint, filed in a Delaware chancery court against Abbott on Thursday, to...

  • NEW DELHI, Aug 26- Major international seed companies in India formed an alliance on Friday, seeking the support of their peers after a flurry of regulatory steps in recent months by Prime Minister Narendra Modi's government. Reuters reported earlier this week that Monsanto had withdrawn an application to sell its next-generation genetically modified...

  • NEW DELHI, Aug 26- An official from the newly formed alliance of major international seed companies in India said on Friday that market should determine prices of seeds rather than regulatory mechanism.

  • NEW DELHI, Aug 26- Major international seed companies formed an alliance on Friday to protest against India's moves to toughen regulation, executives said on Friday, reacting to proposals that foresee the compulsory licensing of genetically modified crops.

  • Theranos has filed a notice of intent to appeal sanctions imposed by the Centers for Medicare and Medicaid Services on the company's lab in Newark, California, the privately held company said late Thursday. CMS revoked a key certificate for the lab in July and terminated the facility's approval to receive Medicare and Medicaid payments for all services.

  • Epipen Price

    Presidential candidates are likely to keep targeting the healthcare sector, says O'Neil Securities' Kenneth Polcari.

  • WASHINGTON, Aug 25- Tesla Motors Inc has won U.S. antitrust approval to buy solar panel installer SolarCity Corp, moving closer to its goal of creating a carbon-free energy and transportation company. The Federal Trade Commission said on Thursday that the deal was approved. Tesla shares closed down 0.7 percent at $220.96 and SolarCity shares ended 0.6 percent...

  • WASHINGTON, Aug 25- Tesla Motors Inc has won U.S. antitrust approval to buy solar panel installer SolarCity Corp, the Federal Trade Commission said on Thursday. The deal was on a listing of proposed transactions that won quick approval because the merging companies have few or no overlaps. The deal was announced on Aug. 1.

  • WASHINGTON, Aug 25- Tesla Motors Inc has won U.S. antitrust approval to buy solar panel installer SolarCity Corp, the Federal Trade Commission said on Thursday. The deal was on a listing of proposed transactions that won quick approval because the merging companies have few or no overlaps. The deal was announced on Aug. 1 and is part of an effort by Tesla to improve...

  • WASHINGTON, Aug 25- Tesla Motors Inc has won U.S. antitrust approval to buy solar panel installer SolarCity Corp, the Federal Trade Commission said on Thursday. The deal was on a listing of proposed transactions that have won "early termination." The deal was announced on Aug. 1 and is part of an effort by Tesla to improve economies of scale in electrical energy...

  • NEW YORK, Aug 25- U.S. The Commerce Department said on Thursday that non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, increased 1.6 percent last month. "We're trading a little heavy here after the data," said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.

  • WASHINGTON, Aug 25- New orders for U.S. manufactured capital goods rose for a second straight month in July as demand for machinery and a range of other products picked up, offering a tentative sign that a business spending downturn was starting to ease. The Commerce Department said non-defense capital goods orders excluding aircraft, a closely watched proxy...

  • SHANGHAI, Aug 25- China should tighten its supervision of the micro-finance industry to guard against risks to financial stability, Chinese news outlet Caixin reported China central bank vice governor Chen Yulu saying at a Beijing conference on Thursday. Chen's comments come after the country's banking regulator on Wednesday released detailed rules to...

  • Mylan Epipen

    Regulators should consider how to intervene when there is just one supplier for a specific drug, says Frost & Sullivan's Rhenu Bhuller.

  • P2P China

    The PBOC needs to deal with the root of banks' bad debts and not just repackage the bad debt problem, says Macquarie Investment Mgmt's Sam Le Cornu.

  • The jump in three-month London U.S. dollar interbank offered rates, a benchmark for more than $300 trillion worth of securities around the globe, has stemmed from moves in the $2.7 trillion U.S. money market fund industry to sidestep new regulations that take effect on October 14. Treasury and other government-related securities in an effort to be exempt from...