The head of the U.S. Commodity Futures Trading Commission on Tuesday reiterated a call to limit trading and take other measures to clamp down on excessive speculation in energy markets, including possibly changing rules that allow companies to hedge purely financial risks with energy futures.
The new head of the Obama administration's auto task force told a Detroit audience that, now that General Motors Corp. and Chrysler Group LLC have emerged from bankruptcy, the government's new goals are to protect taxpayers' investment while exiting the auto business as soon as possible.
A federal appeals court has affirmed the denial of an injunction sought by dairy producers in an effort to stop the secretary of agriculture from lowering minimum payments processors and distributors must pay for milk, but has also ruled that the producers have standing to challenge the rule.
Japan's Fair Trade Commission has sent a draft order to wireless chipset manufacturer Qualcomm Inc., accusing the company of unfair business practices in its patent-licensing agreements with Japanese companies.
The Financial Industry Regulatory Authority has fined Merrill Lynch Pierce Fenner & Smith Inc. and UBS Financial Services Inc. a combined $250,000 related to what the self-regulatory organization called unsuitable short-term sales of closed-end funds purchased at the funds' initial public offerings.
A panel of insurance academics and analysts debated the merits of a federal charter for insurers during a U.S. Senate Banking Committee hearing Tuesday, questioning whether businesses and consumers might benefit from a two-tier system with separate roles for state and national regulators.
The U.S. Department of Transportation's Surface Transportation Board has granted Oklahoma Gas & Electric Co. $100 million in rate relief and reparations over the next decade from Union Pacific Railroad Co., finding that the rail carrier miscalculated the amount it charged OG&E for coal shipments.
Tafas v. Doll should be put on hold pending the confirmation of a new director of the U.S. Patent and Trademark Office, both sides have said in a motion to stay the appeals court dispute over new USPTO rules.
Procter & Gamble Co. is fighting to overturn a recent U.S. International Trade Commission ruling that led to anti-dumping and countervailing duties on imports of citric acid and citrate salts from Canada and China.
An emergency rule aimed at curbing abusive short-selling is now permanent, the U.S. Securities and Exchange Commission announced Monday.
Sen. Herb Kohl, D-Wis., has urged the U.S. Department of Justice to take a close look at the $2.5 billion proposed merger between Ticketmaster Entertainment Inc. and concert promoter Live Nation Inc., saying that the deal raises serious competition concerns.
Sen. Charles Schumer, D-N.Y., is reportedly pushing the U.S. Securities and Exchange Commission to investigate flash trading, through which certain stock exchanges can give traders a split-second advantage by offering a brief look at trading orders before they are made available to the public.
Countries are increasingly resorting to protectionist trade strategies in the wake of the global economic crisis, turning to trade remedy cases as a response to pressure from domestic industries seeking a way to shield themselves from import competition, according to a new study.
The U.S. International Trade Commission has given the green light for the Department of Commerce to continue its probe into unfair pricing practices of wire decking from China, marking the commission's fourth approval in July of countervailing and anti-dumping duty investigations into Chinese imports.
Foods containing less than 0.5 grams of trans fats — but more than zero — could be required to swap out their “trans fat-free” labels for an asterisk indicating trace amounts of the substance, under a bill introduced in the U.S. House of Representatives by Rep. Steve Israel, D-N.Y.
The National Labor Relations Board's general counsel has found that claims that the management of the Air Line Pilots Association failed to bargain with its staff in good faith have merit, according to the union representing professional and administrative employees at ALPA.
Microsoft Corp. has proposed a modification to its Windows operating system to allow users a greater choice of competing Internet browsers as a solution to a pending European Union product-tying antitrust case, the European Commission said Friday.
Enhancing China's relatively new antitrust regulatory regime, the country's banking and competition officials have announced new rules regarding financial and insurance companies, setting triggering thresholds for the review of mergers in the industry by the government.
Legislation designed to tamp down on executive pay practices will probably reach the floor of the U.S. House of Representatives on Friday, according to House Financial Services Committee Chairman Rep. Barney Frank, D-Mass.
Two Seyfarth Shaw LLP partners have recommended that the U.S. Department of Labor refine its guidance on stable value funds so that Employee Retirement Income Security Act plan fiduciaries can better monitor and educate participants.