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  • WASHINGTON, Feb 10- The U.S. government and the country's largest life insurer squared off in federal court on Wednesday over whether regulators can designate non-banking firms as "too big to fail," one of the major reforms that followed the financial crisis. District Judge Rosemary Collyer heard MetLife Inc.' s arguments that the Financial Stability Oversight...

  • WASHINGTON, Feb 10- The U.S. Securities and Exchange Commission on Wednesday approved rules governing swaps that involve foreign dealers with trading desks on U.S. soil. The top securities regulator proposed the rules in 2013 and then revised the draft in April in an effort to better fit the highly illiquid derivatives markets that the SEC oversees.

  • DENVER— Only four of the estimated 500 oil and gas companies operating in Colorado say they can't meet the April 1 deadline to implement new safety rules to limit spills during major floods, according to regulators. The Colorado Oil and Gas Conservation Commission imposed the rules after a 2013 flood along the Front Range caused the release of 48,000 gallons of...

  • NEW YORK, Feb 10- The U.S. Supreme Court's decision to block federal regulations to curb carbon dioxide emissions failed to give a sustained boost to shares of the long-battered coal sector on Wednesday. After initially trading higher, Consol Energy Inc stock slipped 2.3 percent, and Peabody Energy Corp fell 0.9 percent. The states, led by coal producer West...

  • NEW YORK, Feb 10- Long-battered shares of coal companies jumped on Wednesday after the U.S. Supreme Court put on hold federal regulations to curb carbon dioxide emissions mainly from coal-fired power plants. The court's 5-4 ruling on Tuesday delivered a major blow to President Barack Obama, by blocking the centerpiece of his administration's strategy to...

  • The January 2014 crash on Interstate 88 near Naperville, Illinois, killed a tollway worker and seriously injured a state trooper whose patrol car was engulfed in flames. Although regulators had classified the Illinois company, DND International Inc., as high-risk, based on a lengthy record of problems, they failed to make the carrier comply with rules, the...

  • *Other sectors monitoring case for guidance on pricing methods. BRUSSELS, Feb 10- Leading shipping container groups Maersk, MSC and 13 other companies have offered to change their pricing practices to settle an EU antitrust probe and stave off possible fines, two people familiar with the matter said on Wednesday. The European Commission opened an...

  • WASHINGTON/ DETROIT, Feb 9- U.S. vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning approval for autonomous vehicles on the roads. The National Highway Traffic Safety Administration told Google, a unit of Alphabet...

  • WASHINGTON, Feb 9- The U.S. Supreme Court on Tuesday delivered a major blow to President Barack Obama by blocking federal regulations to curb carbon dioxide emissions from power plants, the centerpiece of his administration's strategy to combat climate change. The states, led by coal producer West Virginia and oil producer Texas, and several major business...

  • WASHINGTON, Feb 9- The U.S. Supreme Court on Tuesday delivered a major blow to President Barack Obama by blocking federal regulations to curb carbon dioxide emissions from power plants, the centerpiece of his administration's strategy to combat climate change. On a 5-4 vote, the court granted a request made by 27 states and various companies and business groups...

  • The Vermont Occupational Safety and Health Administration completed the review of the Department for Children and Families on Friday. A letter with the findings has been given to the commissioners of the child welfare agency and the Department of Buildings and General Services and was obtained by The Associated Press on Tuesday. Social worker Lara Sobel...

  • WASHINGTON, Feb 9- Monsanto Co will pay $80 million to settle civil accounting violations after it allegedly misstated its earnings in connection with its top-selling Roundup product, U.S. securities regulators said on Tuesday. The SEC's case against the agricultural giant revolves around a corporate rebate program designed to boost sales of Roundup, a...

  • The U.S. Securities and Exchange Commission's investigation is focusing on what roles former Salix Chief Executive Officer Carolyn Logan and former Chief Financial Officer Adam Derbyshire may have played in the disclosures, the source said. Valeant Pharmaceuticals International Inc, which acquired Salix for about $11 billion last April, said in an...

  • RALEIGH, N.C.— The country's largest electric company is being fined $6.6 million for environmental pollution related to a big spill of liquefied coal ash in 2014, North Carolina environmental regulators said Tuesday. The fine covers violations that Duke Energy admitted when it pleaded guilty to federal pollution crimes nine months ago and agreed to pay...

  • We have an advantage in potential mergers: BPM CEO Tuesday, 9 Feb 2016 | 2:57 AM ET
    We have an advantage in potential mergers: BPM CEO

    Giuseppe Castagna, CEO of Banca Popolare di Milano, discusses the bank's results and the potential for a merger with other banks.

  • Feb 8- Google Chief Executive Sundar Pichai received restricted stock worth about $199 million, according to a regulatory filing by Google parent company Alphabet Inc. Pichai, who took over in August, received a grant for 273,328 Class C Google stock units on Feb. 3. On the same day, Pichai sold 375 Class A common shares at a price of $786.28 each, and 3,625 Class C...

  • DIARY-Top Economic Events to Feb 21 Monday, 8 Feb 2016 | 7:01 PM ET

    Comptroller of the Currency Thomas Curry speaks at luncheon before the 2016 National Interagency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corp, Office of the Comptroller of the Currency and the Community Development Financial Institutions...

  • Alaska, Oregon lift suspension of insurance carrier Monday, 8 Feb 2016 | 3:45 PM ET

    JUNEAU, Alaska— Insurance regulators in Alaska and Oregon announced Monday that a company that had been suspended from offering health insurance policies in the states over concerns with its financial condition will be allowed to resume that business. The Alaska Division of Insurance and the Oregon Department of Consumer and Business Services said they...

  • BRUSSELS, Feb 8- The French data protection authority on Monday gave Facebook three months to stop tracking non-users' web activity without their consent and ordered the social network to stop transferring personal data to the United States. The French order is the first significant action to be taken against a company transferring personal data to the...

  • BILLINGS, Mont.— A utility serving 26,000 eastern Montana customers scaled back its proposal for a steep rate hike on Monday, just a day before the matter was scheduled to go before state regulators for a public hearing. Montana-Dakota Utilities Co. planned to file a new application with the Montana Public Service Commission reducing the proposed rate hike...