Government
The Number of Securities Fraud Class Action Lawsuits Is Dropping
The size of federal class action lawsuits accusing companies of securities fraud has dropped significantly, new studies show, as the bull market in stocks approaches its sixth birthday. Losses ...
India Reaches Insurance Deal With U.S. That Could Propel Nuclear Power Expansion
Prime Minister Narendra Modi and U.S. President Barack Obama unveiled a plan centered on insurance on Sunday that they hope will convince U.S. companies to build nuclear power stations in India, but ...
Malaysia Airlines’ Latest Woe: A Cyber Attack
A group calling itself "Official Cyber Caliphate" said it hacked on Monday the official website of national carrier Malaysia Airlines (MAS), but the airline said its data servers remained intact and ...
California Retracts Requirement for Uber Mandating Commercial Plates
California has retracted a notice that said private drivers for ride-sharing companies such as Uber Technologies Inc. and Lyft Inc. must have a commercial license plate or risk getting a citation. ...
Green Bonds Issuance is Soaring Despite Fuzzy Standards
Issuance of green bonds for companies working on battling climate change are booming, but investors say the label needs safeguards against bogus proposals that could sour retail buyers and wealth ...
India’s Nuclear Power Plant Construction Plans Stirs Accident Liability Debate
It's a $182 billion question for India with no easy answer. That's the estimated amount the country plans to spend on nuclear power plants to meet Prime Minister Narendra Modi's pledge to provide ...
More Transparency Expected as U.S. Regulators I.D. Risky Financial Firms
The top U.S. financial risk watchdog on Wednesday pledged more transparency in procedures it uses to designate firms as super-risky, a promise that followed a flood of criticism from insurers and ...
Obama Pushes For Cybersecurity Legislation; Contractors to Gain Initially
Symantec Corp. and other cybersecurity companies stand to gain from President Barack Obama's push to increase computer network protection in the private sector and U.S. agencies. Obama called on ...