Government Regulation

Norwegian 737 MAX 8

US Approves Norwegian Air License, Puts a Smile on Boeing’s Face

After a delay of nearly three years, the U.S. Department of Transportation (DoT) on Friday approved a license for Norwegian Air Shuttle's Ireland-based unit to fly to and from the ...
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Money

What Steven Mnuchin in Treasury and Wilbur Ross in Commerce Mean in the Trump Economy

The election results are not even 30 days old, but President-Elect Donald Trump and his transition team already have named nominations for key cabinet positions. When it comes to the ...
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satellite dishes

Trump Regulation Rollback Could Be Huge for 4 Telecom and Cable Giants

One of the hallmarks of the Trump campaign was the focus on eliminating unneeded and burdensome over-regulation. In fact, many business leaders have pointed to excessive rules and regulations as ...
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Car crash

Traffic Deaths Up 9.5% in H1 2016, Biggest Leap in Decades

The National Highway Transportation Safety Administration (NHTSA) reported last month that the death toll from traffic crashes rose 10.4% year over year in the first six months of 2016 compared ...
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Online Shopping

More Effort Needed to Crack Down on Counterfeit Products Sold at Amazon and eBay

In late September, a Manhattan jury awarded Tiffany & Co. (NYSE: TIF) $5.5 million to compensate the company for sales of counterfeit diamond engagement rings sold by Costco Wholesale Corp. ...
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Wow

Does Net Neutrality Have a Future Under President Trump?

When the Federal Communications Commission (FCC) in 2015 reclassified the internet as a public utility, the effort by telecom providers to squash the regulations appeared doomed. Past federal court rulings essentially ...
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Volkswagen logo

Could a US Fine Put Volkswagen Out of Business?

In June automaker Volkswagen agreed to settlements with the U.S. Environmental Protection Agency (EPA) and the state of California, and another with the Federal Trade Commission (FTC) that will cost ...
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SEC

SEC Hits Oilfield Services Firm Weatherford With $140 Million Fine

The U.S. Securities and Exchange Commission (SEC) announced Tuesday that oilfield services company Weatherford International Inc. (NYSE: WFT) has agreed to pay a $140 million fine to settle charges that ...
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bank building

Fed’s Tarullo Calling for More Buffers and Capital Reserves for Banks

If you are a market-watcher or an industry insider in the financial markets, you might think that the banks are regulated more than enough and forced to hold more than ...
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credit card

The Worst US Consumer Banks

The recent $185 million fine assessed on Wells Fargo & Co. (NYSE: WFC) and the subsequent congressional hearings have deservedly put the big bank squarely in the media spotlight. But ...
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autonomous vehicle

What Matters About New Self-Driving Car Guidelines

If there is one new technology that promises to affect virtually every American, it is autonomous, or self-driving, vehicles. Everything from highway big rigs to taxis are under development by ...
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Warren Buffett square

Why JPMorgan Adding Warren Buffett Investment Manager to Board Matters So Much

If there is one thing a company can do to signal just how solid an underlying business is, one of the top "best" things would be to get a deal ...
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Pipeline

Obama Administration Halts Work on Dakota Access Pipeline

In a joint announcement released Friday, the U.S. Department of Justice, the Department of the Interior and the Department of the Army have stopped further work on the Dakota Access ...
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bank building

Wells Fargo Enters the Penalty Box

Wells Fargo & Co. (NYSE: WFC) is supposed to be the best run and most insulated bank from many of the current industry woes. The bank is supposed to have ...
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VW Golf TDI engine

US Volkswagen Engineer Pleads Guilty to Fraud Charge

In a court appearance in Detroit Friday, former Volkswagen engineer James Liang pleaded guilty to conspiring to commit fraud against U.S. regulators and customers. The plea marks the first criminal ...
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