Government Regulation

Wells Fargo Retirement & Trust Sale Seems to Be Reaching for Regulatory Concession Hopes

Posted: April 9, 2019 at 10:50 am

When companies go afoul of regulators and when they have taken a serious reputational hit, sometimes they make bad reactionary decisions. News broke on Tuesday that Wells Fargo & Co. ...
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Will a Presidential Order Slow Online Sales of Fake Goods?

Posted: April 5, 2019 at 12:15 pm

On Wednesday, President Trump signed an order directing the Secretary of the Department of Homeland Security, Kirstjen Nielsen, to prepare a report on the importation and sale of counterfeit goods ...
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Boeing Admits MCAS Failure in 737 MAX Crashes

Posted: April 5, 2019 at 8:40 am

Boeing Co. (NYSE: BA) CEO Dennis Muilenburg on Thursday issued a statement accepting responsibility for the two 737 MAX 8 crashes that killed 346 people. His statement came after the ...
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Do E-Cigarettes Cause Seizures in Young Users?

Posted: April 4, 2019 at 12:20 pm

The U.S. Food and Drug Administration (FDA) on Wednesday issued a safety alert related to the use of e-cigarettes, especially among young Americans. The agency has received a number of ...
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Two More States Ban the Sale of Electronic and Tobacco Cigarettes to People Under 21

Posted: April 3, 2019 at 10:56 am

New legislation in New York and Washington will add the two states to the current list of nine others that have raised to 21 the legal age to purchase tobacco ...
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These 6 States Pay the Highest Minimum Wage, and It’s More Than Double the National Rate

Posted: April 1, 2019 at 10:02 am

More than half the states (29) and the District of Columbia have enacted minimum wage legislation setting workers' pay above the federal minimum of $7.25 an hour. Washington, D.C., currently ...
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‘Increasingly Dangerous’ Temperatures, 62 Million People Affected

Posted: March 29, 2019 at 11:42 am

Record high ocean temperatures; rising sea levels; ocean acidification; shrinking sea ice, ice sheets and glaciers; and rising levels of atmospheric carbon dioxide — these are the leading indicators of ...
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Why Sloan’s Departure as Wells Fargo CEO May Not Be So Great for the Bank’s Recovery

Posted: March 29, 2019 at 9:30 am

Some people might wonder how bad it looks when a chief executive officer resigns and the company's stock rises. Generally it's a case of distress-relief when that occurs. And that ...
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US House Committee Approves Marijuana Banking Bill

Posted: March 28, 2019 at 4:17 pm

The U.S. House Financial Services Committee on Thursday voted 45 to 15 to send a bill to the full House that would give marijuana-related businesses access to the country's banking ...
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Why Reform Efforts for Fannie Mae and Freddie Mac May Remain Elusive

Posted: March 28, 2019 at 12:55 pm

The battle to get the government out of Fannie Mae and Freddie Mac has been ongoing since before the Great Recession and before these government-sponsored entities (GSEs) were put into ...
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Will Pacemakers and Other Medical Implants Be Hacked?

Posted: March 25, 2019 at 1:45 pm

Last October, the U.S. Food and Drug Administration (FDA) issued a call for comments to new guidance from the agency on the cybersecurity vulnerabilities of networked medical devices that can ...
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A Big Legislative Catalyst for Cannabis Stocks Is Coming Soon

Posted: March 25, 2019 at 1:20 pm

Cannabis stocks had a massive showing on Wall Street this past fall. In fact, most of the news flow surrounding these stocks had investors pouring money into them. Some of ...
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Can Boeing Afford to Cancel Garuda’s $4.9 Billion Order?

Posted: March 22, 2019 at 9:15 am

In October 2015, Indonesian flag carrier Garuda Airlines placed an order with Boeing Co. (NYSE: BA) for 50 new 737 MAX 8s. The order came almost two years before Boeing ...
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Is Amazon Courting Danger by Restricting Some Product Advertising?

Posted: March 21, 2019 at 9:50 am

Now may not be the best time for Amazon.com Inc. (NASDAQ: AMZN) to get tough with some of its Marketplace resellers. The European Commission (EC) just slapped a $1.7 billion ...
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Will a $1.7 Billion Fine Make Google Flinch?

Posted: March 20, 2019 at 11:05 am

In a terse filing with the U.S. Securities and Exchange Commission Wednesday morning, Alphabet Inc. (NASDAQ: GOOGL) announced that the company would take a €1.49 billion ($1.7 billion) charge in ...
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