Legislation Regulations

  • According to the lawsuit by the states, Indivior told the FDA that it planned to offer a new "sublingual film," or dissolvable strip version of the drug, which had been licensed to Indivior by MonoSol. The lawsuit claims that the company persuaded the FDA to approve the strip by raising concerns that the tablet posed high exposure risks to children.

  • BILLINGS, Mont.— Montana regulators on Thursday turned back an effort by environmentalists, health advocates and some landowners who sought to force energy companies to divulge more information about fracking chemicals used to produce oil and gas. The Montana Oil and Gas Conservation Board voted unanimously against a petition that would have made...

  • Sept 21- Yum China Holdings Inc, which is being spun off from KFC owner Yum Brands Inc, filed with regulators on Wednesday to issue 10 million common shares to certain participants in Yum incentive plans. Yum Brands, which also owns Pizza Hut, said in October that it would spin off its China operations through a distribution of common shares to its shareholders.

  • Mylan Hearing

    In the past four years, Mylan has raised the EpiPen's price far more than the increase in the cost of goods, says Rodman & Renshaw's Raghuram Selvaraju.

  • NEW YORK, Sept 21- The top U.S. securities regulator on Wednesday charged billionaire investor Leon Cooperman with insider trading, making him the highest-profile target in years in Washington's ongoing crackdown on illegal trading at hedge funds. The U.S. Securities and Exchange Commission said Cooperman's trades earned roughly $4 million when his fund...

  • The settlement, which would still need approval from the Federal Energy Regulatory Commission, allows transportation rates to be increased by 34.8 percent. The settlement also requires TransCanada to spend $837 million over three years to upgrade its ANR pipeline system. ANR connects markets in Wisconsin, Michigan, Illinois and Ohio with supplies from...

  • The Justice Department sued in July to block the deal, saying it would stifle competition. In the documents, the Justice Department said it had asked a special master, a court official who manages cases, to force the insurers to produce letters between their attorneys related to the alleged breaches of the merger agreement. In July, the Justice Department also...

  • John Stumpf, chairman, president and chief executive officer of Wells Fargo & Co.

    Yellen's comments came after the Federal Open Market Committee elected again this year to not raise rates.

  • NEW YORK, Sept 21- The top U.S. securities regulator on Wednesday charged billionaire investor Leon Cooperman with insider trading, making him the highest-profile target in years in Washington's ongoing crackdown on illegal trading at hedge funds. The U.S. Securities and Exchange Commission said Cooperman's trades earned roughly $4 million when his fund...

  • Sept 21- Yum China Holdings Inc, which is being spun off from KFC owner Yum Brands Inc, filed with regulators on Wednesday to issue 10 million common shares to certain participants in Yum Brands' incentive plans. Yum Brands, which also owns Pizza Hut, said in October that it would spin off its China operations through a distribution of common shares to its...

  • Sept 21- Billionaire investor Leon Cooperman was charged with insider trading by the top U.S. securities regulator on Wednesday, making him the highest-profile target in years in the government's crackdown on illegal trading at hedge funds. The U.S. Securities and Exchange Commission said Cooperman's trades earned roughly $4 million after he bought the...

  • NEW YORK, Sept 21- Boeing Co said on Wednesday it expected to receive a U.S. license to sell jetliners to Iran soon, after Airbus confirmed earlier in the day that it had been licensed for similar sales by the Treasury Department. "We understand that the U.S. government has issued Airbus a license to sell aircraft to Iran," Chicago- based Boeing said in a statement.

  • Stumpf 'completely unprepared': Jeremy Siegel

    Jeff Sonnenfeld, Yale University School of Management and CNBC Contributor, discusses Wells Fargo CEO John Stumpf's testimony before Congress.

  • Sept 21- Yum China Holdings Inc, which is being spun off from KFC owner Yum Brands Inc, filed with regulators on Wednesday to issue 10 million common shares to Yum Brands shareholders. Yum Brands, which also owns Pizza Hut, said in October that it would spin off its China operations through a distribution of common shares to its shareholders. The offering could...

  • TEL AVIV, Sept 21- The Tel Aviv Stock Exchange must make significant changes to its structure, regulations and image or it will run itself out of business, a senior Nasdaq OMX official said on Wednesday. While Israel is home to a flourishing start-up sector many of those companies opt to be sold or ultimately list on New York's Nasdaq rather than go public in their...

  • Sept 21- Yum China Holdings Inc, which is being spun off from KFC owner Yum Brands Inc, filed with regulators on Wednesday to issue 10 million common shares to Yum Brands shareholders. Yum Brands, which also owns Pizza Hut, said in October that it would spin off its China operations through a distribution of common shares to its shareholders. The offering could...

  • Signage for 1Malaysia Development Bhd. (1MDB) is displayed at the site of the Tun Razak Exchange (TRX) project in Kuala Lumpur, Malaysia.

    Swiss national Xavier Justo is a possible key witness in the global money-laundering probe linked to the Malaysian state fund.

  • Wells Fargo

    CLSA's Mike Mayo says the Wells Fargo scandal has definitely hurt the bank's credibility but the actual financial harm is relatively immaterial.

  • "We are fully complying with the SEC request for information and are confident our financial reporting meets all legal and accounting requirements," Exxon spokesman Alan Jeffers said. The SEC inquiry mirrors one started last year by New York Attorney General Eric Schneiderman, whom Exxon has accused of overreaching in a politically driven push against...

  • NEW YORK, Sept 20- The U.S. judge overseeing litigation accusing 16 banks of rigging prices in the $5.3 trillion- a-day foreign exchange market on Tuesday narrowed but refused to dismiss lawsuits against Deutsche Bank, Morgan Stanley and five other large banks that have yet to settle. District Judge Lorna Schofield in Manhattan dismissed antitrust claims in a...