Government Regulation

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Can Lumber Liquidators Save Its Image?

When the CBS Corp. (NYSE: CBS) news show “60 Minutes” told its 13.3 million Sunday evening viewers that they had a problem, the problem just got a whole lot worse. That ...
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100 Million Chinese Watch Pollution Video Online

In its first two days of release, a 143-minute documentary on the vast pollution problem in China has been viewed by more than 100 million Chinese citizens on the Tencent ...
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Verizon Says FCC Goes Back to 1930s on Net Neutrality

Verizon Communications Inc. (NYSE: VZ) was obviously not very happy at all about the Federal Communications Commission’s decision on net neutrality Thursday. The FCC came down in favor of net neutrality ...
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dividends

Jamie Dimon Readies J.P. Morgan Investors for Much Larger Dividends Ahead

Jamie Dimon, chief executive and chairman of JPMorgan Chase & Co. (NYSE: JPM), hosted the banking giant's 2015 investors day on Tuesday. While there were many comments defending the bank's ...
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Boeing 777-9X

WTO to Examine Boeing 777X Subsidies

The World Trade Organization (WTO) agreed on Monday to create a panel to investigate whether the incentives the state of Washington gave to Boeing Co. (NYSE: BA) to build the ...
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SL550

Mercedes-Benz Recalls Nearly 150,000 Cars

The National Highway Transportation Safety Administration (NHTSA) handled 26 recall, investigation or complaint notices affecting 2014 model year vehicles sold in the United States by Mercedes-Benz. That is one more ...
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General Motors headquarters

What Happens If GM Loses Its Bankruptcy Shield?

When the predecessor to General Motors Co. (NYSE: GM) filed for bankruptcy protection in 2009, one item that was mostly left behind for the “old GM” to deal with was ...
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How Big a Hit Will Caterpillar Take From SEC Probe?

In a regulatory filing Tuesday, Caterpillar Inc. (NYSE: CAT) announced that it was under investigation by the Securities and Exchange Commission (SEC) in regard to its cash movement. The company ...
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Biofuel Cans

BP Energy Outlook Shows Renewables Rising, Coal Falling

While the world’s population and wealth grow over the next 20 years, so too does demand for energy. As we might expect, most of the growth comes in emerging economies. ...
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package delivery drones

FAA Rains on Amazon’s Parade

The Federal Aviation Administration (FAA) on Sunday released its proposed regulation framework for unmanned aircraft systems (UAS), more commonly called drones. If the proposed rules are adopted, Amazon.com Inc.’s (NASDAQ: ...
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Jack Ma

Alibaba Faces the SEC Music

China’s Alibaba Group Holdings Ltd. (NYSE: BABA) revealed on Friday that it had received a letter from the U.S. Securities and Exchange Commission (SEC) “asking for background facts and other ...
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China Internet

Qualcomm Gets Chinese Antitrust Risks out of the Way

After the U.S. exchanges closed, Qualcomm Inc. (NASDAQ: QCOM) announced that it reached a resolution with China’s National Development and Reform Commission (NDRC) regarding its Anti-Monopoly Law (AML) investigation. Qualcomm ...
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Oil tanker

Old CEO, New CEO — Why Nothing Works for Petrobras Shareholders

Petróleo Brasileiro S.A. (NYSE: PBR), or Petrobras, is living up to the fears that investors should have had all along. When the stock rallied on rumors that Grace Foster would ...
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Linn Moves Beyond SEC Probe on Berry Petroleum

In July of 2013, Linn Energy LLC (NASDAQ: LINE) and Linn Co. LLC (NASDAQ: LNCO) announced that their acquisition of Berry Petroleum was being investigate, along with the way the ...
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Internet

Is the FCC About to Declare the Internet a Public Utility? (Update)

Update: FCC Chairman Tom Wheeler has published an opinion article in Wired magazine in which he said he is proposing to the full commission “that the FCC use its Title ...
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