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Posts related to ‘Regulation’

Oil Tanker

European Union Investigates Crude Oil Price-Fixing

Posted: May 17, 2013 at 9:10 am

Two days ago, officials of the European Commission (EC), the executive arm of the European Union, raided the offices of Royal Dutch Shell PLC (NYSE: RDS-A), BP PLC (NYSE: BP), ...
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gavel

Bloomberg Leak Scandal: Matthew Winkler Should Resign

Posted: May 13, 2013 at 7:05 am

Bloomberg reporters were allowed to look at some of the subscriber data of Bloomberg terminal users. The disclosure, brought to light by Goldman Sachs Group Inc. (NYSE: GS), is staggering ...
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airplane

FCC Pushes for Expanded In-Flight Broadband

Posted: May 10, 2013 at 6:45 am

Americans who fly regularly will be able to get better broadband speeds at 30,000 feet than in their homes. Today, the Federal Communications Commission (FCC) proposed an expansion of the ...
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bank vault

CFTC Looks into Regulating Bitcoin

Posted: May 7, 2013 at 12:15 pm

The experiment behind the craze of the virtual currency Bitcoin may soon be coming to an end. The U.S. Commodity Futures Trading Commission (CFTC) is calling for regulators to look ...
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Blue flames of a gas stove

California Gas Company Should Pay $2.25 Billion for 2010 Explosion

Posted: May 7, 2013 at 9:40 am

State and local authorities have provided a recommendation to the California Public Utilities Commission that PG&E Corp. (NYSE: PCG) should pay $2.25 billion for a natural gas pipeline explosion in ...
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787 With Mt Rainier in DistanceK65116

Boeing 787 Dreamliner Grounding Cost Qatar Airline $200 Million

Posted: May 6, 2013 at 8:30 am

Last week, Air India said it would receive compensation from the Boeing Co. (NYSE: BA) due to the grounding of the company’s 787 Dreamliner related to a battery problem in ...
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Stock Split Image

Roto-Rooter Owner Destroyed as DOJ Goes After Hospice Fraud

Posted: May 3, 2013 at 12:05 pm

Chemed Corp. (NYSE: CHE) is a very strange company. Imagine owning the Roto Rooter drain cleaning and plumbing company AND owning a for-profit hospice provider. Now a Department of Justice ...
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pills

Arena Withdraws Application for Weight-Loss Drug Approval in Europe

Posted: May 3, 2013 at 8:30 am

Drug maker Arena Pharmaceuticals Inc. (NASDAQ: ARNA) has withdrawn its application for European regulatory approval of its weight-loss drug Belviq. The drug was approved for use in the United States ...
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Boeing 777

Airlines Claim Compensation for Grounding of Boeing 787

Posted: May 3, 2013 at 7:45 am

Air India today became the second airline to say that it will receive compensation from Boeing Co. (NYSE: BA) for the three-month grounding of the Boeing 787 Dreamliner. Earlier this ...
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gavel

Ralph Lauren Gets Off Cheap in Argentina Bribery Charges

Posted: April 22, 2013 at 11:30 am

The Securities and Exchange Commission (SEC) announced on Monday that it has entered into a what is a called a non-prosecution agreement (NPA) with Ralph Lauren Corp. (NYSE: RL). What ...
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Oil pumpjack

Commodities Trading Needs to Shape Up

Posted: April 16, 2013 at 10:40 am

Over the past 10 years the world’s largest commodities trading houses have racked up nearly $250 billion in profit. That is more than the net profit of Goldman Sachs Group ...
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biotech

Gene Patent Showdown for Myriad Comes to a Head

Posted: April 15, 2013 at 1:21 pm

Should a company get to patent your genetic DNA? That is the question when it comes to Myriad Genetics Inc. (NASDAQ: MYGN). This company and its stock are at the ...
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787 With Mt Rainier in DistanceK65116

Another Delay for the Boeing 787 Dreamliner

Posted: April 12, 2013 at 6:50 am

Bloomberg points out that the Boeing Co. (NYSE: BA) Dreamliner 787 may not be back in service as fast as the press and many airlines expect. The sticking point is ...
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US Federal Reserve

FOMC Minutes Released Early, Hints at End of Quantitative Easing Timeline

Posted: April 10, 2013 at 9:20 am

The Federal Reserve was set to release its minutes of the latest March 19 to 20 FOMC meeting at 2:00 p.m EST today but the report came out at 9:00 a.m. ...
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Foreclosed home

Foreclosed Borrowers to Begin Receiving Checks

Posted: April 9, 2013 at 11:50 am

The Office of the Comptroller of the Currency and the Federal Reserve said today that 4.2 million borrowers will begin receiving payments in the range of $300 to $125,000 beginning ...
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