Government Regulation - Page 2

Does $5 Billion Fine Cause Facebook Any Pain?

The U.S. Federal Trade Commission (FTC) on Wednesday announced that it has settled charges against social media giant Facebook Inc. (NASDAQ: FB) related to the user privacy rights violations. The ...
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Equifax Strikes a $671 Million Deal Over 2017 Data Breach

Investigations by 48 states; Puerto Rico; Washington, D.C.; the Federal Trade Commission; the Consumer Financial Protection Bureau; and the New York Department of Financial Services into the 2017 data breach ...
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If Washington Breaks Up Amazon, It May Look Like This

Management from Amazon, Google and Facebook have been called to Washington this week. The primary reason is for Congress to probe whether they are too powerful in their current states. ...
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Many Top Pharma & Biotechs Rise as Drug Price Disclosure Thrown Out

While the public wants more pharmaceuticals and biotech advancements to treat the endless number of ailments or to extend their lives, there is a simultaneous push to make drugs more ...
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What the Judge Did and Didn’t Say in the Drug Price Ruling

The U.S. Department of Health and Human Services (HHS) in May published a final rule that required drug makers to show the price of drugs costing more than $35 a ...
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Could Creative Rule-Bending Help Fix Deutsche Bank?

Deutsche Bank A.G. (NYSE: DB) is not really considered by most investors as an American bank, so most U.S. investors would be likely to shrug off any negative news affecting ...
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2019 Fed CCAR Gift to Warren Buffett: Dividend Hikes and Buybacks Galore for All Major Banks

At the end of June, the Federal Reserve now releases its annual Comprehensive Capital Analysis and Review (CCAR). This exercise includes a quantitative assessment for the top banks that operate ...
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Boeing’s 737 MAX Return May Be Delayed Even Further

Shares of Boeing Co. (NYSE: BA) traded down by as much as 6% in Thursday's premarket trading session following the disclosure late Wednesday that flight simulations have revealed a second ...
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Will High Prices for Juul Pods Accomplish What the FDA and Mitch McConnell Can’t?

Last November, responding to pressure from the U.S. Food and Drug Administration (FDA), e-cigarette maker Juul discontinued retail store sales of some of its flavored nicotine pods. The liquids, with ...
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Mercedes-Benz Maker Warns on Q2 Profit

German automaker Daimler issued a profit warning late Sunday, telling investors that an increase to its cash provision related to various sins related to the company's diesel vehicles likely will ...
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New Regulations, Joint Venture Unlikely to Save Coal

The U.S. coal industry presumably got a boost on Wednesday when the U.S. Environmental Protection Agency announced the repeal of the Obama-era Clean Power Plan and replaced it with a ...
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Canadian Government Greenlights Pipeline Expansion

Canada's Prime Minister, Justin Trudeau, and his Liberal government have approved the proposed expansion of the controversial Trans Mountain Pipeline that carries crude oil from the oil sands of western ...
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SEC Seeks Comments on Mom-and-Pop Access to Hedge Funds

The U.S. Securities and Exchange Commission (SEC) on Tuesday issued a request for comment on a concept release document that the agency says is intended to "simplify, harmonize, and improve ...
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More Bad News for Sprint and T-Mobile Merger Ambitions

The proposed acquisition of Sprint Corp. (NYSE: S) by T-Mobile US Inc. (NASDAQ: TMUS) has been handed some more bad news. As far as regulators looking out for consumers, this ...
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Beyond Bitcoin: The Utility Settlement Coin From Global Banks

The world has gone from being puzzled about cryptocurrency and blockchain to being obsessed with them, and then the excitement was crushed after seeing bitcoin and the other cryptocurrencies fall ...
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