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  • SAN FRANCISCO, Feb 11- Software company Zenefits is being investigated by the California Department of Insurance over questions about its business practices, the agency said Thursday. The announcement of the investigation follows the resignation on Monday of Zenefits Chief Executive Parker Conrad, who was replaced amid allegations from state regulators...

  • Feb 11- Visa Inc, the world's largest payments network operator, disclosed a 9.99 percent stake in mobile payment firm Square Inc, making it one of the top five shareholders. The stake in the company, run by Twitter Inc CEO Jack Dorsey, was revealed in a regulatory filing on Thursday. Billionaire investor Leonard Blavatnik disclosed in November an 11.4 percent...

  • WASHINGTON, Feb 11- The Senate Judiciary Committee's antitrust subcommittee will hear from the top U.S. antitrust bosses next month to discuss a wave of big mergers over the past year, according to a staffer briefed on the hearing. The Justice Department's Bill Baer, the assistant attorney general for the antitrust division, and Edith Ramirez, chairwoman of the...

  • While the well still needs to be permanently sealed with cement and inspected by state regulators, the announcement by Southern California Gas Co. marked the first time the massive leak has been under control since it was reported Oct. 23. The leak is expected to cost the company, a division of Sempra Energy, $250 million to $300 million, according to a filing with...

  • The American Cable Association, U.S. Telecom Association, Consumer Technology Association, National Cable& Telecommunications Association and other groups wrote FCC Chairman Tom Wheeler urging him to propose limited broadband privacy protections consistent with the Federal Trade Commission's rules that bar "unfair or deceptive" practices.

  • JOPLIN, Mo.— Missouri regulators are evaluating a Canadian company's planned purchase of a Joplin- based utility. Algonquin Power and Utilities Corp. said Tuesday it would buy Joplin's Empire District Electric in a $2.4 billion deal. The Joplin Globe reports the deal has to be approved by the Missouri Public Service Commission.

  • NEW YORK— Shares of the Boeing Co. plummeted Thursday after a report said the U.S. Securities and Exchange Commission is investigating the aircraft manufacturer's accounting. Shares of the Chicago- based company fell 12 percent at one point during the day, about an hour after Bloomberg News published a report that said the SEC was looking into the cost and sales...

  • Yellen: Focused on risk from clearing houses

    Federal Reserve Chair Janet Yellen addresses the effectiveness of clearing house platforms and their own issues, and diminishing risk in the financial system.

  • Feb 11- The U.S. Securities and Exchange Commission is investigating whether Boeing Co properly accounted for the costs and expected sales of two of its best known jetliners, Bloomberg reported on Thursday. The investigation involves Boeing's projection of long-term profitability for its 787 Dreamliner and 747 jumbo aircraft, Bloomberg said, citing people...

  • *EU Commission says no bias against U.S. companies. Treasury Secretary Jack Lew called on the European Union to reconsider tax probes targeting U.S. companies on Thursday, arguing that such moves represented disturbing precedents. Lew made the plea in a letter to European Commission President Jean-Claude Juncker and EU antitrust chief Margrethe Vestager, a...

  • Feb 11- The U.S. Securities and Exchange Commission is investigating whether Boeing Co properly accounted for the costs and expected sales of two of its best known jetliners, Bloomberg reported on Thursday. The investigation involves Boeing's projection of long-term profitabilty for its 787 Dreamliner and 747 jumbo aircraft, Bloomberg said, citing people...

  • DES MOINES, Iowa— Iowa utilities regulators are considering whether to allow a Texas company to bury 346 miles of a crude oil pipeline under farmland and give it authority to use eminent domain to force unwilling landowners to sign easements. Iowa is the only state yet to approve the permit for the $3.78 billion Bakken pipeline, which will carry about a...

  • LAS VEGAS— The arrival of Uber and Lyft in Nevada last fall and a state audit accusing regulators of allowing cabs to charge $47 million in excessive fees each year have the powerful Las Vegas taxi industry and its overseers in the hot seat, facing down a recommendation that the agency be disbanded and its duties passed to another entity. Nevada lawmakers met this...

  • How is regulation affecting Zurich Insurance? Thursday, 11 Feb 2016 | 2:18 AM ET
    How is regulation affecting Zurich?

    George Quinn, CFO of insurance-broker Zurich, says the changes that have happened to the regulatory regime are justified.

  • The challengers say the EPA has no authority under the 1970 Clean Air Act to expand its regulation of power plants outside the facilities themselves. Jeff Holmstead, a lawyer representing the coal industry in the legal challenge, said that the provision of the Clean Air Act the EPA is focusing on has only been used previously to set air pollution standards for...

  • SAO PAULO, Feb 10- U.S. Elo Participacoes SA, a holding company controlled by Banco Bradesco SA and Banco do Brasil, has been in negotiations to buy Citigroup's 49 percent stake in Elavon do Brasil. A deal, though, could be slowed or complicated by Brazil's antitrust regulator, Cade, the two sources said.

  • Wyoming, Arch Coal reach bankruptcy bonding deal Wednesday, 10 Feb 2016 | 4:49 PM ET

    CHEYENNE, Wyo.— Wyoming regulators have reached a deal with Arch Coal to accept up to $75 million in place of the company's $486 million in bonding obligations in the state while the company goes through Chapter 11 bankruptcy. Among Arch's two active mines in Wyoming is Black Thunder, one of the world's largest coal complexes. For years, an ongoing agreement...

  • NEW YORK, Feb 10- New York Governor Andrew Cuomo on Wednesday urged federal regulators to block KeyCorp's plan to acquire First Niagara Financial Group Inc, saying the merger would impede retail banking competition and cost thousands of jobs upstate. The request, unusual for a sitting governor, came 3-1/ 2 months after Cleveland- based KeyCorp announced plans to...

  • 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.