Legislation Regulations

More

  • WASHINGTON, April 29- U.S. government-owned passenger rail company Amtrak wields improper and coercive regulatory power over private freight carriers under a law that lets it help set rules that competing railroads must follow, a federal appeals court ruled on Friday. The U.S. Court of Appeals for the District of Columbia Circuit struck down parts of the 2008...

  • Pennsylvania environmental regulators want to determine whether a series of minor earthquakes in the state this week were caused by nearby fracking operations by an oil and gas company. Five tiny temblors, all too weak to be felt by humans, took place in a 22- hour span in Lawrence County, about 50 miles north of Pittsburgh and three-quarters of a mile from a...

  • Pharmacy

    CNBC's Meg Tirrell speaks with Jim Greenwood, Biotechnology Industry Organization President and CEO, and CNBC Contributor and Former Pennsylvania Governor Ed Rendell, about the battle over drug pricing and whether more government regulation is warranted.

  • *Google likely to face first EU sanction in 2016- sources. BRUSSELS, April 29- Google is likely to face its first European Union antitrust sanction this year, with little prospect of it settling a test case with the bloc's regulator over its shopping service, people familiar with the matter said. Such a change of heart appears unlikely, with European Competition...

  • April 29- Deutsche Börse Ag. *CFO of Deutsche Börse Ag was asked to comment on regulatory consequences of "Brexit" for proposed merger with LSE Group Plc. *CEO was quoted saying "a merger between London and Frankfurt will create a highly profitable business".

  • WASHINGTON— A federal appeals court has once again ruled that Congress can't give Amtrak power to impose rail standards on other private railroads. The Supreme Court sent the case back, telling the lower court to consider that Amtrak was created by Congress with heavy government oversight and public subsidies. "There are limits to how far Congress may go to...

  • COLUMBUS, Ohio— Ohio's top utility regulator resigned on Friday, marking the fourth departure from the job since Gov. Andre Porter, chairman of the Public Utilities Commission, said in his resignation letter that the decision to leave for the private sector was "very difficult." The Federal Energy Regulatory Commission says the power purchase agreements, filed...

  • *Google likely to face first EU sanction in 2016- sources. BRUSSELS, April 29- Google is likely to face its first European Union antitrust sanction this year, with little prospect of it settling a test case with the bloc's regulator over its shopping service, people familiar with the matter said. Such a change of heart appears unlikely, with European Competition...

  • April 29- Chinese solar panel maker Yingli Green Energy Holding Co Ltd said on Friday it was delaying filing its annual report with U.S. regulators as it said it needed more time to finalize its financial statements. The company it was delaying by 15 days filing its annual report with the U.S. Securities and Exchange Commission and expects to raise substantial...

  • Aedes aegypti mosquitos are seen in a lab at the Fiocruz institute on January 26, 2016 in Recife, Pernambuco state, Brazil.

    Quest Diagnostics said it has received emergency authorization from U.S. regulators to sell the first commercially developed diagnostic test for Zika.

  • RBS is an interesting recovery story: Analyst

    Gildas Surry, senior analyst at Axiom Alternative Investments, talks about why an investor would consider buying RBS stocks.

  • April 28- Quest Diagnostics Inc said it has received emergency authorization from the U.S. Food and Drug Administration to sell the first commercially developed diagnostic test for Zika in the United States, a step that may help expand testing capacity and speed diagnosis of the virus. Quest, in its announcement on Thursday, said it plans to make the new test...

  • WASHINGTON, April 28- The U.S. House of Representatives voted on Thursday to repeal a Labor Department rule aimed at protecting retirement savers from profit-hungry brokers, a largely symbolic move that President Barack Obama has threatened to veto. "Bureaucrats in Washington, D.C. have no business getting between you and your financial planner.

  • A summary judgment opinion issued Wednesday in a Federal Trade Commission case against Amazon is the latest example of what these routine deletions cost the public. As my Reuters colleagues Diane Bartz and Dan Levine reported, U.S. District Judge John Coughenour of Seattle determined that Amazon is liable to the parents of children who bought items like "a...

  • ALBANY, N.Y.— KeyCorp and First Niagara Financial Group have agreed to sell 18 of First Niagara's western New York branches to satisfy antitrust issues arising from the planned combination of the banks. The U.S. Justice Department says Thursday it required the divestitures as part of Cleveland- based KeyCorp's proposed $4.1 billion acquisition of First...

  • NEW YORK, April 28- After volatile pricing of exchange-traded funds in August last year forced trading halts and an investigation by U.S. regulators, an early champion of the industry is now raising concerns about the products he helped build. Gary Gastineau promoted ETFs to investors because of their cost savings when he was an American Stock Exchange...

  • April 28- An imminent ruling on Acadia Pharmaceuticals Inc's drug for Parkinson's disease psychosis is being closely watched by a Bermuda- based company with a similar treatment for dementia. The decision by the U.S. Food and Drug Administration is due by May 1. Both companies' drugs are designed to treat conditions that have no specific pharmaceutical therapy...

  • The FCC voted 3-2 to approve an order that will bar some existing contract requirements by special access providers for businesses using high-capacity data and voice connections and to advance a proposed regulation reforming the market that would create a "new technology-neutral framework" that would extend regulations in non-competitive markets.

  • Volkswagen CEO on settling with US authorities

    Matthias Müller, CEO of Volkswagen, comments on the company's discussions with U.S. authorities in relation to the emissions scandal.

  • COLUMBUS, Ohio— Two closely watched energy deals in Ohio allowing two utility companies to impose short-term rate increases on electricity customers cannot take effect until federal regulators approve them. The Federal Energy Regulatory Commission said Wednesday that the power purchase agreements filed separately by Akron- based FirstEnergy and...