Legislation Regulations

  • The Brazilian unit of Deloitte will pay $8 million to settle civil charges that it issued and tried to cover up false audit reports.

  • Dec 5- Wall Street rose on Monday, with the Dow Jones industrials setting fresh record highs, as services sector data gave further evidence of strength in the domestic economy. U.S. stocks have climbed since the Nov. 8 election, fueled by expectations of significant economic stimulus and cuts in corporate taxes and regulations under President-elect Donald...

  • Demonstrators hold banners and shout as they protest against Italy's Prime Minister Renzi outside Chigi Palace in Rome, Italy, on Monday, Dec. 5, 2016.

    For how tumultuous of a year it's been for business and politics, it's fitting 2016 should end with U.S. banks as an oasis of stability.

  • Dec 5- The Financial Industry Regulatory Authority said on Monday it has fined Credit Suisse's U.S.-based securities business $16.5 million for ineffective anti-money laundering programs. FINRA, the securities industry self-regulator, found that Credit Suisse Securities LLC relied on its brokers to identify and report suspicious trading, which did not...

  • Trump's team aims to privatize Indian reservations

    A group of advisors to Trump on Native American issues wants to free the energy resources from what they call a suffocating federal bureaucracy.

  • LONDON, Dec 5- To get an idea of how Britain allows individuals to hide behind hard-to-trace companies, take a look at Number 43 Bedford Street, a nondescript brick terrace in central London. More than 1,600 companies or partnerships have used 43 Bedford Street as their registered office in the past five years, UK corporate records show. While the UK government is...

  • SHANGHAI, Dec 5- China's blue-chip shares index posted its biggest fall in six months on Monday after the top securities regulator warned against "barbaric" share acquisitions, though small-caps held relatively firm as an investment scheme linking the Shenzhen and Hong Kong markets went live. Industry-leading blue-chips including Gree Electric and China...

  • If Aetna and Humana merge, will the 17 million seniors in the Medicare Advantage market be left with too little choice for health insurance?

  • SZ Connect is bold, in theory: Analyst

    Shenzhen-HK Connect might be a bold step but paranoid regulators and volatility have made foreign investors cautious, says Fraser Howie.

  • *Li Ka-Shing's CKI rejected by Australia for earlier energy bid. SYDNEY, Dec 5- Hong Kong's Cheung Kong Infrastructure Holdings Ltd made a A $7.3 billion approach for Australian energy giant Duet Group, the target said, a sign CKI has not been deterred by a recent regulatory knockback Down Under. In August, the Australian government rejected a A $10 billion bid by...

  • WASHINGTON, Dec 3- Apple Inc is wading in to the debate over regulation of self-driving cars, declaring it is excited about the potential for automated transportation and calling on U.S. regulators not to restrict testing of such vehicles. A five-page letter from Steve Kenner, Apple's director of product integrity, to the National Highway Traffic Safety...

  • WASHINGTON, Dec 3- Apple Inc is wading in to the debate over regulation of self-driving cars, declaring it is excited about the potential for automated transportation and calling on U.S. regulators not to restrict testing of such vehicles. A five-page letter from Steve Kenner, Apple's director of product integrity, to the National Highway Traffic Safety...

  • BEIJING, Dec 3- Chinese insurance firms have significant risk management deficiencies, as they overly focus on asset management for profits and growth, a senior official at China's insurance watchdog said on Saturday. Vice chairman Chen Wenhui of the China Insurance Regulatory Commission said at a forum in Beijing that the insurance industry was "incorrect"...

  • Dec 2- The U.S. Transportation Department said on Friday it granted flying rights to Norwegian Air Shuttle ASA's Irish unit, setting the stage for a new battle among airlines for leisure travelers across the Atlantic. While Norwegian is already flying to New York and other U.S. cities, its ability to expand globally has been limited to the air rights that Norway...

  • FRANKFURT/ WASHINGTON, Dec 2- President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron because the deal posed a risk to American national security, the Treasury Department said on Friday. In 2012, Obama ordered Ralls Corp, owned by China's Sany Group, to sell its interest in wind...

  • Dec 2- The U.S. Transportation Department said on Friday it granted flying rights to Norwegian Air Shuttle ASA's Irish unit, setting the stage for a new battle among airlines for leisure travelers across the Atlantic. The order finalizes a tentative ruling made by the department in April and comes shortly after the European Commission formally filed for...

  • The headquarters of chip equipment maker Aixtron is pictured in Herzogenrath, western Germany on October 25, 2016.

    The deal prohibits China's Fujian Grand Chip Investment Fund from acquiring the US business of German semiconductor equipment maker Aixtron.

  • Dec 2- A federal appeals court on Friday threw out an antitrust verdict that ordered medical device maker Becton Dickinson and Co to pay rival Retractable Technologies Inc $340 million in damages over its marketing of safety syringes. The 5th U.S. Circuit Court of Appeals in New Orleans called Retractable's claim that Becton violated the Sherman Act by trying...

  • WASHINGTON, Dec 2- United Airlines' parent company will pay $2.4 million to resolve civil books and records violations after it reinstated an unprofitable flight route to accommodate the chairman of the Port Authority of New York and New Jersey, the U.S. securities regulator said. The U.S. Securities and Exchange Commission said United Airlines' decision in...

  • Tarullo: Warns on backsliding on regulatory progress

    Fed gov. Daniel Tarullo defends Dodd-Frank following Steven Mnuchin's comments against it. CNBC's Steve Liesman reports.