Government Regulation

IMF Highlights 9 Top Global Banks Struggling With Profits

The International Monetary Fund (IMF) has released its Global Financial Stability Report for the second half of 2017. While much progress has been made in regulations and reserves, and while ...
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Why High School Students Left $2.3 Billion in College Aid on the Table

The high school class of 2017 left as much as $2.3 billion in federal grant money for college on the table, according to a new analysis by NerdWallet. The grant ...
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10 States Where Drunk Driving Kills the Most People

Between 2007 and 2014, the number of people killed in crashes on U.S. highways dropped by 21%, from 41,259 to 32,744. Fatalities increased to 35,485 in 2015 and to 37,461 ...
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TransCanada Ends 2 Pipeline Projects, Citing ‘Changed Circumstances’

Oil pipeline operator TransCanada Corp. (NYSE: TRP) announced this morning that it will cease development efforts on two proposed pipeline projects that would have transported crude oil from the oil ...
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Equifax Breach Adds 2.5 Million More Americans to Total

In a press announcement released Monday night, Equifax Inc. (NYSE: EFX) said that further investigation of the data breach first reported on September 7 has added another 2.5 million Americans ...
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A Quarter of Vehicles Sold by CarMax Have Safety Defects

Last December the U.S. Federal Trade Commission (FTC) issued a ruling that allowed to car companies and auto dealers to continue selling vehicles as safe or certified that had been ...
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Boeing Wins Canada Trade Case, Bombshell 219% Tariff

In an announcement released after markets closed on Tuesday, the U.S. Department of Justice said that its "preliminary determination" in a trade case brought by Boeing Co. (NYSE: BA) against ...
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6 Most Important Things in Business Today

The U.S. government put tariffs on Bombardier jets after a complaint was filed by Boeing Co. (NYSE: BA). According to Reuters: The U.S. Commerce Department on Tuesday slapped preliminary anti-subsidy ...
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Why Sprint Shareholders Are Tempering Expectations of a T-Mobile Merger Premium

It has been widely speculated that a merger of T-Mobile US Inc. (NASDAQ: TMUS) and Sprint Corp. (NYSE: S) would create a very powerful number-three wireless telecom carrier in the ...
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US Solar Panel Makers Win US Trade Ruling

In a unanimous vote Friday morning, the U.S. International Trade Commission (ITC) found that the domestic solar panel industry has suffered "serious injury" as a result of "increased quantities" of ...
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US Airlines Collected $200 Billion in Fees Last Year

In 2010, U.S. airlines began charging passengers to check bags and to change reservations. During that year, the two fees generated $6.3 billion in revenues (in constant 2016 dollars). Last ...
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Are Western US Wildfires Really Worse This Year?

Over the past 10 years in the state of Montana, summer wildfires have burned an average of about 317,000 acres a year. So far this year more than 880,000 acres ...
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Boeing Gets $600 Million Contract for Air Force One

On Wednesday, the U.S. Air Force awarded Boeing Co. (NYSE: BA) one dollar less than $600 million to complete new preliminary design requirements for Air Force One, the presidential fleet ...
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Tahoe Resources Stock Soars on Silver Mine Ruling

Shares of precious metals miner Tahoe Resources Inc. (NYSE: TAHO) rose nearly 40% Monday morning following the company's announcement of a favorable ruling by the Guatemalan Supreme Court reinstating the ...
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TransCanada Asks for Delay on New Pipeline Projects

TransCanada Corp. (NYSE: TRP) has asked Canada's National Energy Board (NEB) for a 30-day suspension of its applications on two pipeline projects targeted to deliver crude oil from western Alberta's ...
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