Legal & Regulatory

20 states join U.S. antitrust probe of Family Dollar merger

Some 20 state attorneys general have joined the federal antitrust investigation of competing bids by Dollar General Corp (DG.N) and Dollar Tree Inc (DLTR.O) to buy Family Dollar Stores Inc (FDO.N), a development that potentially complicates the companies' efforts to win U.S. approval for a deal.


Apple wins dismissal of lawsuit over MacBook logic boards

Apple Inc won the dismissal on Thursday of a lawsuit accusing it of defrauding consumers by selling MacBook laptop computers that contained "logic boards" it knew were defective, and which routinely failed within two years.

FCC chief seen siding with Obama on net neutrality

The top U.S. communications regulator on Wednesday endorsed the regulatory standard applied to telephone companies in remarks seen as the strongest indication yet that he planned to side with President Barack Obama on strict "net neutrality" rules.

White House not under pressure to expand U.S. crude exports - adviser

The White House does not feel pressure to loosen restrictions on U.S. oil exports further and views debate over the issue as resolved for now, John Podesta, a top aide to President Barack Obama, told Reuters in an interview.


Latest News

The head of the Senate energy committee plans to introduce a bill next week to force approval of the Keystone XL oil pipeline, though the full chamber faces a battle in obtaining needed votes to overcome any veto by President Barack Obama.
A federal judge rejected Uber Technologies Inc's bid that it not be required to disclose emails from Chief Executive Travis Kalanick in a California lawsuit accusing the popular ride-booking service of deceiving customers about how it shares tips with drivers.
Brazil's government plans to rework parts of the country's new mining code currently stalled in Congress, the new Mines and Energy Minister Eduardo Braga said on Thursday.
A federal judge said on Tuesday she would approve a $26 million settlement between Atlantic City and the Revel Casino Hotel that will provide much-needed cash for New Jersey's struggling gambling hub and a tax cut for the shuttered gambling complex.
Detroit's historic bankruptcy, which officially ended earlier this month, cost the city nearly $178 million in fees and expenses for teams of lawyers and consultants, according to a city court filing on Tuesday.
Oaktree Capital Management and other lenders are close to striking a deal with Providence Equity Partners to take control of the security company that vetted former spy agency contractor Edward Snowden, the New York Post reported.
Taxi firms including Uber, the online cab-hailing company banned in New Delhi, will have to install panic buttons if they are to operate in India's capital under new rules framed after allegations that a driver for the U.S. firm raped a passenger.
Petrobras, Brazil's state-run oil company, could be declared in technical default on some of its foreign debt as early as Tuesday if bondholders pursue efforts to force it to speed up its assessment of losses in a giant corruption scandal.
China will simplify currency rules and step up credit support for firms investing overseas, the cabinet said on Wednesday. It was the government's latest move to encourage use of excess factory capacity at home and help local firms grow globally.
South Korea has indicted the chief executive officer and local subsidiary of Uber Technologies Inc for violating a law governing public transport, becoming the latest jurisdiction to challenge the U.S. taxi service provider.