WASHINGTON, July 27- Teva Pharmaceutical Industries Ltd won U.S. antitrust approval to purchase Allergan Plc's generics business, after agreeing to divest 79 generic drugs to rival firms, the Federal Trade Commission said on Wednesday. "Millions of Americans rely daily on generic drugs to treat a wide range of illnesses," Debbie Feinstein, director of the FTC's... » Read More
The Long Island law student who is suing Bernie Madoff''s brother over the loss of his trust fund has a new and unlikely adversary: the bankruptcy trustee who is representing Bernie Madoff's creditors.
The chief executive of Goldman Sachs said the economic crisis has been "deeply humbling" for financial firms, and that banks receiving taxpayer money need to pay back the funds as soon as possible.
U.S. securities regulators will consider about 4 proposals to restrict short selling, a type of investing blamed for accelerating the severe downturn in financial services stocks.
There are many reasons people don’t rob banks. But what if the only consequence of getting caught is that you have to give back half of the money you stole?
In this Web Extra, the traders game market moving events in the week ahead including the start of earnings season. What’s the trade?
The board that sets U.S. accounting standards is giving companies more leeway when valuing assets, providing a potential boost to battered banks' balance sheets.
The House is set to pass legislation that would for the first time give the Food and Drug Administration the authority to regulate cigarettes and other tobacco products.
European Union regulators said Wednesday they would drop a threat to fine MasterCard after the company promised to temporarily cut fees it charges for cross-border card purchases which can hike costs for shops.
Yamaha Motor USA recalled about 120,000 off-highway recreational vehicles for repairs Tuesday, after two models were involved in 46 deaths.
Cramer loves himself a rant, for sure. But not the kind coming from Washington these days.
Former Enron CEO Jeffrey Skilling will be resentenced July 30, after an appeals court earlier this year ruled his 24 year sentence was too harsh.
A Colorado company that drug and medical device makers pay to oversee patient safety during clinical trials drew scorn Thursday at a Congressional hearing on whether such companies adequately supervise medical trials, the New York Times reports.
New York Attorney General Andrew Cuomo wants answers from AIG. And he’s made a new move in his effort to get them. What does it mean for the market?
Look out hedge funds, private equity firms, and other institutional investors. Outrage over the financial crisis has sparked Tim Geithner into action and you're in his sights!
A House panel endorsed a gentler approach Thursday to trying to stop bailed-out financial institutions from giving their employees big bonuses, as lawmakers indicated they were willing to put down their pitch forks and partner with industry to salvage the economy.
For the last several months, Americans have looked to Washington to lead them. But where’s the leadership on Wall Street?
Treasury Secretary Tim Geithner will unveil a four part plan to reform financial regulation when he testifies before the House Financial Services Committee Thursday.
Key Democratic lawmakers are pushing legislation that would block creditors charging high interest rates on credit cards from collecting from consumers in bankruptcy proceedings.
Lawmakers took a hard look Tuesday at rules adopted in the final days of the Bush administration on how millions of Americans with 401(k) and individual retirement accounts get guidance on investing for retirement.
A new report from SEC Inspector General David Kotz says the agency is not doing enough to address complaints about abusive, "naked" short selling.