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Legislation Regulations

  • WASHINGTON— The Environmental Protection Agency is again moving to derail Obama-era regulations aimed at reducing pollution from the fossil fuel industry. The American Petroleum Institute, the Texas Oil and Gas Association and other industry groups petitioned Pruitt to scrap the requirement. Pruitt's decision came less than a month after he waived an...

  • WASHINGTON, April 20- The U.S. Federal Communications Commission voted on Thursday to effectively deregulate the $45 billion business data services market in a win for companies like AT&T Inc, CenturyLink Inc and Verizon Communications Inc that will likely lead to price hikes for many small businesses. The 2-1 vote is a blow to companies such as Sprint Corp and...

  • WASHINGTON, April 20- The U.S. Consumer Financial Protection Bureau on Thursday sued Ocwen Financial Corp and its subsidiaries, alleging the mortgage loan servicer's "years of widespread errors, shortcuts, and runarounds cost some borrowers money and others their homes." Regulators from Wisconsin and more than 20 other state regulators have also issued...

  • Tribune did not discuss any tie up, but said in a statement the FCC decision "will serve the important interest of localism by enabling broadcasters to better serve their communities." FCC Chairman Ajit Pai said he plans to take a new look at the current overall limit on companies owning stations serving no more than 39 percent of U.S. television households.

  • NEW YORK— State and federal authorities have sued mortgage servicer Ocwen Financial Corp., saying the company botched the handling of millions of mortgage accounts. The Consumer Financial Protection Bureau said Thursday that the accounts Ocwen serviced were riddled with errors throughout the repayment process. In extremely heavy trading, Ocwen shares...

  • FCC Chairman Ajit Pai said he plans to take a new look at the current overall limit on companies owning stations serving no more than 39 percent of U.S. television households. But last year, the FCC under Democratic President Barack Obama said those rules were outdated after the 2009 conversion to digital broadcasting, which eliminated the differences in...

  • SAN JUAN, Puerto Rico— Puerto Rico is ready to sign dozens of new deals to privatize the operation of public services as government funds dwindle amid a decade-long recession, the island's governor told some 800 investors attending a two-day financial summit Thursday. "We are not leaving things to chance," he said, noting that Puerto Rico has no access to capital...

  • April 20- The U.S. Federal Communications Commission on Thursday voted 2-1 to significantly ease regulatory requirements in the $45 billion business data services market, a win for companies like AT&T Inc, CenturyLink Inc and Verizon Communications Inc that could lead to price hikes for many small businesses. FCC Chairman Ajit Pai defended the decision to...

  • April 20- The U.S. Federal Communications Commission on Thursday voted 2-1 to significantly ease regulatory requirements in the $45 billion business data services market, a win for companies like AT&T, CenturyLink, Verizon Communications and others but could lead to price hikes for many small businesses.

  • FCC APPROVES EASING REGULATORY REQUIREMENTS FOR $45 BILLION BUSINESS DATA SERVICES MARKET IN WIN FOR AT&T INC, CENTURYLINK INC, VERIZON COMMUNICATIONS INC.

  • LONDON, April 20- Taxi app Uber could face an increase in operator licence fees in London under proposed changes by the city's transport authority, the latest in a series of moves by regulators to rein in a firm that has disrupted the traditional taxi industry. Transport for London launched a consultation on Thursday on plans to change the fee structure for...

  • LONDON, April 20- Taxi app Uber could face an increase in operator license fees in London under proposed changes by the city's transport authority, the latest in a series of moves by regulators to rein in a firm that has disrupted the traditional taxi industry. Transport for London launched a consultation on Thursday on plans to change the fee structure for...

  • Fed's Powell: Some parts of Dodd-Frank 'unnecessarily burdensome'

    Fed Governor Jerome Powell is calling for some changes in financial regulations. And former Treasury Secretary Robert Rubin weighs in.

  • BOSTON, April 19- Pfizer Inc has received grand jury subpoenas from the U.S. Justice Department in connection with an antitrust investigation focusing on drugmakers that market intravenous saline solutions. The U.S. Food and Drug Administration in January 2014 added the solutions to its drug shortage list, saying the shortage was triggered by factors...

  • TOPEKA, Kan.— The Latest on Great Plains Energy's plan to acquire Westar Energy:. The Kansas Corporation Commission issued an order Wednesday against the proposal from Great Plains Energy of Kansas City, Missouri, to buy Topeka- based Westar Energy. Great Plains Energy of Kansas City, Missouri, says its acquisition of Westar Energy of Topeka would create nearly $2...

  • Roy Woodall, the sole independent voting member of the Financial Stability Oversight Council with insurance expertise, will lose his seat in late September, as his six-year term set out under the Dodd-Frank financial regulation reform law expires. He will be forced to step down in five months, leaving a critical vacancy on the FSOC, which is based out of the U.S....

  • But last year, the FCC under Democratic President Barack Obama said those rules were outdated after the 2009 conversion to digital broadcasting- which eliminated the differences in station signal strength- and revoked them in September. Federal law limits companies to owning stations serving no more than 39 percent of U.S. television households; there is a...

  • BOSTON, April 19- Pfizer Inc has received grand jury subpoenas from the U.S. Justice Department in connection with an antitrust investigation focusing on drugmakers that market intravenous saline solutions. The U.S. Food and Drug Administration in January 2014 added the solutions to its drug shortage list, at the time saying the shortage was triggered by...

  • April 19- Exxon Mobil Corp has applied to the Treasury Department for a waiver from U.S. sanctions on Russia as the oil major looks to resume its joint venture with Rosneft, the Wall Street Journal reported on Wednesday. Exxon and Rosneft in 2012 unveiled an offshore exploration partnership that could invest upward of $500 billion in developing Russia's vast...

  • State insurance departments collect significant revenues from insurers through regulatory fees and insurance premium taxes, but most of the funds are "channeled to state programs rather than to insurance regulation," according to the Washington- based Bipartisan Policy Center report. The FIO should grade states on how well they are achieving recommended...