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  • SAN FRANCISCO— A federal judge has approved a $415 million settlement that ends a lengthy legal saga revolving around allegations that Apple, Google and several other Silicon Valley companies illegally conspired to prevent their workers from getting better job offers. Things have changed dramatically since the class-action lawsuit was filed in 2011....

  • RICHMOND, Va.— Dominion Resources Inc. will no longer add the cost of some charitable donations to customers' electric bills. The energy giant, which owns the state's largest electric utility, said in a recent regulatory filing with the Virginia State Corporation Commission that it won't try and recover more than $2 million related to the company's charitable...

  • Sept 3- As U.S. oil prices hover near six year lows, hedging positions by shale producers will be increasingly important to understand which companies will be most affected by the price slump. According to a Reuters analysis of regulatory disclosures by the largest 30 shale producers, more than half of them did not expand their hedges during the three months...

  • NEC Tokin settles price-fixing charges in U.S. Wednesday, 2 Sep 2015 | 5:30 PM ET

    WASHINGTON, Sept 2- Japan's NEC Tokin Corp settled charges on Wednesday that it conspired to fix the prices of electrolytic capacitors, used in autos and electronics, agreeing to plead guilty and to pay a fine of $13.8 million, the Justice Department said. The case in the U.S. District Court for the Northern District of California is United States of America v.

  • OKLAHOMA CITY— The United States should end its ban on crude-oil exports and reduce federal regulations that are stifling an energy industry central to the nation's future economic prosperity, U.S. Marco Rubio said Wednesday to a friendly group of mostly oil and natural gas producers. The GOP presidential hopeful from Florida unveiled some highlights of his...

  • Sept 2- Wal-Mart Stores Inc said it would reopen in late October to early November five U.S. stores whose closure had prompted a union to file a complaint with the National Labor Relations Board claiming retaliation against workers for organizing. Wal-Mart announced the store closures in April to fix plumbing and other repair issues. In the complaint the UFCW...

  • FRESNO, Calif.— Armed with evidence captured by surveillance cameras, California regulators have ordered a business to stop tapping Sierra Nevada spring water that is later bottled and sold in stores, officials said Wednesday. It would be the first such action taken this year against a commercial water bottling business under tight drought restrictions, said...

  • NEW YORK, Sept 2- A U.S. appeals court has cleared the way for Novartis AG to launch the first biosimilar drug in the United States as it declined on Wednesday to stop the sale of the company's copycat version of Amgen Inc's blockbuster cancer drug Neupogen. Amgen had sought an injunction while both companies ask the court to clarify federal regulations on when...

  • German regulator warns of Japan-style risks for insurers Wednesday, 2 Sep 2015 | 11:30 AM ET
    German regulator warns of Japan-style risks for insurers

    Felix Hufeld, president of BaFin, the German financial watchdog, discusses the long-term risks for insurers in Europe's biggest economy.

  • CHICAGO, Sept 2- Truck and engine maker Navistar International Corp on Wednesday reported its 12th consecutive quarterly loss and said it could face regulatory enforcement action for its disclosure practices, sending its shares down nearly 7 percent. Navistar said it received Wells notices from the U.S. Securities and Exchange Commission that recommended...

  • ATHENS, Sept 2- Greece will miss its revenue target from asset sales this year due to delays in a 1.2 billion euro airport deal, the head of its privatisation agency said on Wednesday, in a setback to efforts to meet the terms of its new bailout. As part of its commitments under the 86 billion euro rescue loan from international creditors, Greece aims to raise 1.4...

  • GREECE TO CHANGE BID TERMS FOR THESSALONIKI PORT TENDER, CUTTING INITIAL STAKE OFFERED TO 51 PERCENT- PRIVATISATION AGENCY CHIEF.

  • AIRPORT DEAL WITH FRAPORT EXPECTED TO BE CONCLUDED THIS YEAR BUT WILL TAKE SEVERAL MONTHS BEFORE GREECE RECEIVES THE MONEY- PRIVATISATION AGENCY CHIEF.

  • GREECE SET TO MISS 2015 PRIVATISATION TARGET BUT 2016 TARGET REALISTIC- PRIVATISATION AGENCY CHIEF.

  • US bank earnings rose 7.3 percent in April-June quarter Wednesday, 2 Sep 2015 | 10:30 AM ET

    The data issued Wednesday by the Federal Deposit Insurance Corp. showed continued improvement for the banking industry seven years after the crisis struck. The FDIC reported that U.S. banks earned $43 billion in the second quarter, up from $40.1 billion a year earlier. "The banking industry had another positive quarter as recent trends have continued," FDIC...

  • Sept 2- The U.S. Food and Drug Administration approved Tesaro Inc's treatment for chemotherapy-induced nausea and vomiting in adults, the company said on Wednesday. The drug, known chemically as rolapitant, was approved in combination with other agents to prevent delayed nausea and vomiting associated with some forms of chemotherapy, Tesaro said.

  • Sept 2- The U.S. Food and Drug Administration approved Tesaro Inc's treatment for chemotherapy-induced nausea and vomiting in adults, the company said on Wednesday. The drug, Rolapitant, was approved to be used along with other agents to prevent delayed nausea and vomiting associated with initial and repeat courses of chemotherapy, Tesaro said.

  • SHANGHAI, Sept 2- China's foreign exchange regulator issued new rules on Friday relaxing restrictions on multinational companies' management of their foreign currency-denominated debt in China, allowing them to pool debt from all their subsidiaries for central management. The rules, which take effect immediately on a trial basis, permit these companies to...

  • *Toshiba widely expected to be penalised with fine. TOKYO, Sept 2- Japanese lawmakers on Wednesday called for a tough regulatory response to Toshiba Corp's second postponement of its annual results over accounting woes, saying the scandal could erode foreign investor confidence. The Tokyo Stock Exchange would consider putting Toshiba's shares on a...

  • *Indonesia is' racing against time'- president. JAKARTA, Sept 2- Indonesia's president on Wednesday promised quick and "massive deregulation" to attract much needed investment in Southeast Asia's largest economy. This is the latest move by President Joko Widodo to try to improve investor sentiment about Indonesia, which has soured recently due to slowing...