Legal & Regulatory

CEOs say shutdown would result in loss of economic gains

Many CEOs said that the extended budget impasse on health care reform would only result in greater problems such as loss of economic gains from the 2008 financial crisis.


Texas drops out of suit to stop American Airlines-US Airways merger

The state of Texas had dropped out of the lawsuit filed by the US Justice Department to block the US Airways-American Airlines merger, according to a Reuters report.

After the shutdown, debt ceiling next issue

History showed greater economic performance after a shutdown, but there are many issues after that which need action from government.

Google to enter into compromise settlement with EU Competition Commission

Google modifies its search engines to accommodate competitors, as confirmed by EU Competition Commission and Google executives.


Latest News

Google was advised by the Federal Trade Commission that it would not object to the search engine's acquisition of mapping app firm Waze.
The bid for independence of Activision Blizzard from Vivendi is still subject to shareholder approval.
After its creditors opposing the original auction process for the assets of LightSquared Inc, the new plan was approved by the bankruptcy court.
The New Zealand government along with private lenders had agreed to aid stricken coal miner Solid Energy with a multi-million bailout fund.
Freddie Mac announced its new chief financial officer, James Mackey, a top executive in Ally Financial Inc. last Monday.
Wells Fargo & Co. said last Monday that it would pay USD780 million in cash to Freddie Mac to settle all repurchased home loans liabilities.
Two hours prior to a midnight deadline to avert a US federal shutdown, US stocks closer lower on Monday.
Kevin Dowd pleaded guilty against an insider trading case filed against him in a US District Court in New Jersey.
Nigerian President Goodluck Jonathan handed control of 14 power companies formerly owned by the state to private investors.
The Blackstar Group said it would be fighting the court proceedings initiated by Shoprite Holdings to reverse its stock trades in Zambia.