Government Regulation

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Credit Reporting Companies Top CFPB List of Consumer Complaints

The Consumer Financial Protection Bureau (CFPB) last week published its first Monthly Complaint Report, providing data the agency has collected regarding consumer complaints collected during the first four years of ...
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RAM

Why Intel Should Make a Challenging and Daring Bid for Micron

Micron Technology Inc. (NASDAQ: MU) has had a solid week, with its shares bouncing handily on the heels of a reported $23 billion buyout offer from China's Tsinghua Unigroup. There is ...
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Los Angeles

Los Angeles Raises Minimum Wage for 800,000 Workers

By 2020, as many as 800,000 minimum wage workers in the city of Los Angeles will be earning $15 an hour. The city council on Tuesday evening approved a plan ...
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Taxing Tobacco to Reduce Smoking

As smoking as dropped in developed countries, tobacco companies, which include Philip Morris International Inc. (NYSE: PM), have focused on developing countries and the third world. If the World Health ...
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Staples Deal With USPS Is Illegal: NLRB

The National Labor Relations Board (NLRB) has filed a complaint against the U.S. Postal Service (USPS) related to the housing of contract postal units in Staples Inc. (NASDAQ: SPLS) stores. ...
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Silver

Silver Wheaton Hit With $200 Million Tax Bill

The silver miner without any mines, Vancouver, Canada-based Silver Wheaton Corp. (NYSE: SLW) announced early Tuesday morning that the Canada Revenue Agency (CRA) has informed the company that the Canadian ...
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BP

Did BP Get Off Lightly in $18.7 Billion Gulf Settlement?

More than five years after the explosion of its Gulf of Mexico Macondo well that killed 11 workers and dumped millions of barrels of crude oil into the sea, BP ...
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roku_tv_hisense_300

Can New Chicago Taxes on Netflix, Apple, Spotify Withstand Legal Challenges?

In a tax ruling issued in early June, the city of Chicago expanded its amusement tax to include amusements such as TV shows, movies, videos, music and online games, if ...
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US Treasury building

Bond Liquidity Crisis Update, An Unexpected Regulatory Outcome

Currencies may be considered the most liquid of all quoted markets, but the most liquid market that most investors think about day in and day out is the U.S. Treasury ...
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GE Electrical meter

What a GE Appliances Sale-Block Might Mean On a Larger Scale

General Electric Company (NYSE: GE) may have just found a very unlikely outcome in its GE Appliances unit sale. GE has been wanting out of the appliances unit for years. ...
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apple-logo

Federal Court Rules Apple to Pay $450 Million for Conspiring to Fix E-Book Prices

Nearly two years ago, in July of 2013, the U.S. Department of Justice won a decision against Apple Inc. (NASDAQ: AAPL) in U.S. District Court that ruled the company had ...
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Walmart TV

Wal-Mart Labels Some Foreign-Made Products as Made in the USA

A nonprofit organization that investigates false and deceptive advertising practices has taken on the world’s largest retailer, Wal-Mart Stores Inc. (NYSE: WMT), for claiming that some of the products advertised ...
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coal train

Supreme Court Ruling Does Not Save the Coal Companies

The U.S. Supreme Court Monday threw the U.S. coal industry at lifeline with a five to four ruling ordering the U.S. Environmental Protection Agency (EPA) to take into account the ...
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Do Health Insurance Mergers Really Need to Sweat DOJ Reviews?

The world of health insurance has been marked by consolidation for years now. It is generally true that antitrust issues arise when there become only two or three choices. The ...
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red flag

Is the Staples and Office Depot Merger Really at Risk?

Merger arbitrage and speculation often drive massive inflows and outflows of capital around merger rumors, and they can also have a high impact in actual pending mergers as well. Now ...
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