×

Legislation Regulations

  • WASHINGTON— Health and Human Services Secretary Tom Price said Saturday he will stop flying private planes on official business while an internal review of the flights is being done and that he welcomes the review. Price defended the practice of using private planes on Fox News. Price, a former Republican House member from Georgia, chartered flights to a resort...

  • Sprint's new hire, Ballard Partners, will lobby on "general government policies and regulations," according to the disclosure, which did not include financial details. In the first six months of 2017, the wireless provider spent $1.2 million on lobbying in Washington, according to disclosure filings earlier this year. In 2011, the Justice Department and the FCC...

  • *London declines to renew Uber licence. LONDON, Sept 22- London deemed Uber unfit to run a taxi service on Friday and stripped it of its licence to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. Regulator Transport for London said it would let Uber operate until the appeals process is...

  • *London declines to renew Uber license. LONDON, Sept 22- London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. Regulator Transport for London said it would let Uber operate until the appeals process is...

  • Senator Elizabeth Warren has lifted her hold on President Donald Trump's pick to run the Justice Department's Antitrust Division, a move that will allow the Senate to vote to confirm Makan Delrahim, a senior Republican aide said on Friday. Warren, a Massachusetts Democrat, had met with Delrahim early in September where she pressed him about her concerns about...

  • Senator Elizabeth Warren has lifted her hold on President Donald Trump's pick to run the Justice Department's Antitrust Division, a move that will allow the Senate to vote to confirm Makan Delrahim, a senior Republican aide said on Friday. Delrahim, a veteran of the Justice Department and a lobbyist, has been nominated to be assistant attorney general.

  • The Investment Company Institute, which represents over 95 million U.S. shareholders, wants the SEC to clear up concerns about its cyber defenses before requiring funds to submit monthly performance data to the regulator, Paul Schott Stevens, the group's chief executive, told Reuters in a phone interview. "What the SEC breach now makes very clear is precisely...

  • Senator Elizabeth Warren has lifted her hold on President Donald Trump's pick to run the Justice Department's Antitrust Division, a move that will allow the Senate to vote to confirm Makan Delrahim, a senior Republican aide said on Friday. Warren, a Massachusetts Democrat, had met with Delrahim early in September where she pressed him about her concerns about...

  • The Investment Company Institute, which represents over 95 million U.S. shareholders, wants the SEC to clear up concerns about its cyber defenses before requiring funds to submit monthly performance data to the regulator, Paul Schott Stevens, the group's chief executive, told Reuters in a phone interview. ICI, whose shareholders have $20 trillion plus in...

  • Sept 22- The U.S. Food and Drug Administration has declined to approve Johnson& Johnson's rheumatoid arthritis drug sirukumab, saying additional clinical data is needed to further evaluate its safety, the company said on Friday. The FDA's decision is in keeping with an advisory panel's recommendation in August that the FDA reject the drug.

  • WASHINGTON, Sept 22- A panel of U.S. regulators decided after meeting on Friday to stick with its existing policy for stricter rules on a handful of large financial institutions it deems "systemically important." The Financial Stability Oversight Council convened Friday to potentially remove the label of "systemically important financial institution," which...

  • The FDA's decision is in keeping with an advisory panel's recommendation in August that the FDA reject the drug. He added that the company is seeking to "gain a full understanding of FDA requirements for U.S. approval" and plans to have a follow-up discussion with the agency. In April the FDA declined to approve a rheumatoid arthritis drug made by Eli Lilly and Co...

  • People are waking up to the fact Facebook is a monopoly: David Dietze

    Michael Graham, Canaccord Genuity, and David Dietze, Point View Wealth Management, debate whether Facebook is a buy after the social media giant agrees to share Russian-linked ads that ran on the site, with Congress.

  • WASHINGTON, Sept 22- The U.S. Commodity Futures Trading Commission and Justice Department on Friday ordered Merrill Lynch, Pierce, Fenner& Smith Inc to pay a total of $5 million in civil penalties for record-keeping violations and failing to supervise its traders properly in 2010.. The bank agreed to pay $2.5 million each to the CFTC and the Justice Department in...

  • BOSTON, Sept 22- Aegerion Pharmaceuticals Inc will plead guilty to two misdemeanors and pay $40 million to resolve investigations into its marketing and sales of a cholesterol drug, U.S. prosecutors and regulators announced on Friday. The settlements will resolve long-running investigations into Aegerion, a subsidiary of Canada's Novelion Therapeutics...

  • Uber London launches petition against regulators' decision

    Uber's London unit launched a petition against the decision to revoke its license on Friday.

  • WASHINGTON, Sept 22- The U.S. Commodity Futures Trading Commission ordered Merrill Lynch, Pierce, Fenner& Smith Inc to pay a $2.5 million civil penalty on Friday for record-keeping violations and failing to properly supervise its traders in 2010.. The settlement followed probes in 2009 and 2010 by CME Group into the firms trading in U.S. dollar interest rate...

  • STOCKHOLM, Sept 22- The former chief executive of Swedish telecoms operator Telia Company has been charged with bribery over a deal to buy a 3 G telecoms network license in Uzbekistan, Swedish prosecutors said on Friday. Charges against former CEO Lars Nyberg and two other former high-ranking Telia officials were filed with the Stockholm court earlier in the...

  • *London declines to renew Uber licence. Uber, whose 40,000 drivers in London account for a third of private vehicles hired, said it would contest the decision and regulator Transport for London will let it operate until the appeals process is exhausted. "Transport for London and the Mayor have caved in to a small number of people who want to restrict consumer...

  • *London declines to renew Uber license. Uber, whose 40,000 drivers in London account for a third of private vehicles hired, said it would contest the decision and regulator Transport for London will let it operate until the appeals process is exhausted. "Transport for London and the Mayor have caved in to a small number of people who want to restrict consumer...