Legislation Regulations

  • Neither Trump administration spokesman Bryan Lanza nor FCC spokesmen immediately replied to requests for comment. The Republicans' FCC majority would help them roll back pro-consumer policies that upset many phone and cable industry groups, including net neutrality rules that bar internet service providers from favoring some websites and apps over...

  • SAN FRANCISCO— A federal appeals court says lending companies operated by Native American tribes are subject to investigation by a government regulator. The 9th U.S. Circuit Court of Appeals in San Francisco on Friday rejected a claim by three tribes that their lending companies were protected by tribal sovereignty from investigation by the Consumer...

  • SAN FRANCISCO, Jan 20- Ride-hailing company Uber Technologies Inc. has hired the man behind Google search to work closely with Chief Executive Travis Kalanick and help grow the company's self-driving car program. It launched a second fleet in San Francisco last month, but a feud with California regulators over Uber's failure to obtain proper permitting...

  • NEW YORK, Jan 20- Nasdaq Inc will ask U.S. regulators under the Trump administration to limit the trading of shares of small companies and illiquid exchange-traded funds to the exchanges on which they are listed, the market operator said in a note to clients. Such a move would make it cheaper for investors to buy and sell small-cap stocks and niche ETFs, spur more...

  • Jan 20- AT&T Inc, the largest U.S. pay TV operator and No.2 U.S. wireless carrier, said it will record a pre-tax loss of about $1 billion in the fourth quarter ended Dec. 31. The loss is related to the annual remeasurement of pension and post-employment for benefit plans, AT&T said in a regulatory filing on Friday. http://bit.ly/2jGHZbV. AT&T is expected to report its...

  • SHANGHAI, Jan 20- China's securities regulator said on Friday it will restrict excessive fund raising by listed companies, and tighten approvals for additional share sales, official Securities Times reported. Meanwhile, the China Securities Regulatory Commission encouraged companies to issue convertible bonds and preferred stocks to address...

  • DAVOS, Switzerland, Jan 20- France's finance minister has cautioned incoming U.S. In an interview with Reuters at the World Economic Forum in Davos, Finance Minister Michel Sapin said regulations agreed among G20 countries in the aftermath of the global financial crisis were vital to prevent future turmoil and could not be reversed by a single member.

  • Shares of Bristol, which closed at $55.49 on the New York Stock Exchange, were down 6.2 percent at $52.08 after hours. The pharmaceutical company cited "a review of data available at this time" for the decision to hold off on filing for Food and Drug Administration approval of the combination of its cancer drugs Opdivo and Yervoy. Merck said the FDA would decide by...

  • Jan 19- Bristol-Myers Squibb Co on Thursday said it has decided not to seek accelerated U.S. approval for its combination of two immunotherapy drugs as an initial treatment for lung cancer. Shares of Bristol, which closed at $55.49 on the New York Stock Exchange, were down 6.2 percent at $52.08 after hours. Merck said the U.S. Food and Drug Administration would...

  • WASHINGTON, Jan 19- U.S. auto safety regulators said on Thursday they found no evidence of defects in a Tesla Motors Inc car involved in the death of a man whose Model S collided with a truck while he was using its Autopilot system. Tesla Chief Executive Elon Musk, on his Twitter account, praised the decision by the National Highway Traffic Safety Administration,...

  • The company had on its website that UberX drivers made more than $90,000 in New York and $74,000 in San Francisco when the real earnings were considerably less, the Federal Trade Commission said in a court filing.

  • CAMERON, La.— Federal regulators say a pipeline is leaking natural gas and liquid hydrocarbons in the Gulf of Mexico off Louisiana. The Bureau of Safety and Environmental Enforcement and the U.S. Coast Guard are responding to the leak in waters roughly 30 miles southwest of Cameron, Louisiana. The pipeline is operated by Houston- based Kinetica Partners LLC.

  • File photo of a Walgreens pharmacy in Niles, Illinois.

    Walgreens settles U.S. lawsuit that accuses company of incentivizing the fulfillment of government healthcare prescriptions.

  • WASHINGTON, Jan 19- U.S. regulators has found no evidence of any defects in Tesla electric cars after investigating the death of a man whose Model S collided with a truck while he was using its Autopilot system, the first fatality involving semi-autonomous driving software. The U.S. National Highway Traffic Safety Administration said on Thursday it will not...

  • Jan 19- Costco Wholesale Corp will pay $11.75 million to resolve claims that some of its pharmacies filled improper or incomplete prescriptions for controlled substances in violation of federal regulations, the U.S. Justice Department said on Thursday. Under the settlement, Costco acknowledged that from 2012 to 2015 some of its pharmacies dispensed drugs...

  • WikiLeaks founder Julian Assange

    "I've always been willing to go to the United States provided my rights are respected because this is a case that should never have occurred," Assange said.

  • WASHINGTON, Jan 19- U.S. regulators said on Thursday they found no evidence of any defects in Tesla electric cars after investigating the death of a man whose Model S collided with a truck while he was using its Autopilot system, the first fatality involving semi-autonomous driving software. The U.S. National Highway Traffic Safety Administration said in a...

  • WASHINGTON— Federal consumer finance regulators said Thursday they were suing TCF Financial Corp., alleging the bank deceived consumers so it could charge them exorbitant overdraft fees. Running as much as $35 per overdraft, the fees comprised a $180 million per year income stream for TCF, a bank with $21 billion in assets and with 360 branches in eight states.

  • WASHINGTON— Tesla Motors Inc. won't face a recall or fine as a result of a fatal crash involving its Autopilot system, but U.S. safety regulators are warning auto manufacturers and drivers not to treat semiautonomous cars as if they were fully self-driving. The National Highway Traffic Safety Administration said Thursday it found that the system had no safety...

  • Mnuchin: Regulation is killing community banks

    At the Senate Finance Committee hearing for his confirmation to be secretary of the Treasury Department, Steven Mnuchin answers questions about banking regulations.