Government
Fed Could Clear Up SIFI Uncertainty This Year
The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council is a done deal. But exactly what that means in terms of higher regulatory ...
Kochs, Obama Agree on Corporate Crime Compromise But Republicans Balk
President Barack Obama's drive to get one last legacy-enhancing act out of Congress -- revamping sentences for street-level drug crimes -- is hitting an impasse over crimes committed in corporate ...
Drone Registrations Top 180,000 in First 2 Weeks
One of the most important players in the booming drone industry isn't a hardware manufacturer; it's the U.S. Federal Aviation Administration. So attendees at the Consumer Electronics Show (CES) last ...
McCarty Replacement Rumors Start Swirling; Successor Has ‘Huge Shoes to Fill’
News of who will replace Florida Insurance Commissioner Kevin McCarty has yet to be announced, but whoever takes over will have his or her work cut out for them when McCarty leaves office after 12 ...
Florida’s Veteran Insurance Commissioner Will Depart in May
Florida Insurance Commissioner Kevin M. McCarty announced said he'll resign May 2, 2016 to pursue other job opportunities, capping 12 years in the post, according to the Florida Office of Insurance ...
Volkswagen, Slammed by Emissions Lawsuit, Pledges U.S. Car Fixes
Volkswagen AG vowed to emerge from the diesel scandal even as authorities in the U.S. toughen their stance. "We are confident we will find good solutions for the affected U.S. vehicles," Herbert ...
GM Gears Up for Jan. 11 Start of ‘Bellwether’ Ignition Switch Trial
A U.S. judge last Wednesday rejected General Motors Co.'s bid to dismiss the first so-called "bellwether" case over defective ignition switches in its vehicles, clearing the way for a Jan. 11 trial. ...
One Solution to British Flooding Woes: Build Outside Flood Zone
Tighter construction restrictions and incentives to build outside flood-prone areas would minimize damage to the U.K. economy from heavy rain and rising water levels, according to the Centre for ...