Government
Fed Chair Yellen Worried About Stretched U.S. Equity Valuations
The Federal Reserve on Tuesday voiced concern about stretched valuations in certain corners of the U.S. markets, including small cap, biotechnology and social media stocks, as well as the leveraged ...
NFL Wins Preliminary Approval of Settlement for Concussion Suit
A federal judge on Monday granted preliminary approval to a landmark deal that would compensate thousands of former NFL players for concussion-related claims. The ruling by U.S. District Judge Anita ...
PwC Must Face $1B Lawsuit Related for Role in MF Global Collapse: Judge
A federal judge on Wednesday rejected PricewaterhouseCoopers' request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the October 2011 ...
Miami Mortgage Discrimination Suit vs BofA Dismissed
A federal judge has dismissed the city of Miami's mortgage discrimination lawsuit against Bank of America Corp., handing the city its first defeat in four suits that accuse major banks of U.S. Fair ...
More U.S. Corps. Moving to Avoid U.S. Taxes: Congress Study
Seventy-six U.S. corporations have shifted their tax domiciles out of the United States to other countries since 1983 to avoid U.S. taxes, with a sharp increase recently in such deals, a policy ...
EC Wants Online Gambling ‘Health Warnings’
The European Commission will urge countries to demand that online gambling advertisements display warning messages like cigarette packets, according to a draft document seen by Reuters. The EU ...
Senate Panel Approves Bill Protecting Firms Sharing Hacker-Threat Data
A Senate panel approved a bill that would give Bank of America Corp., Visa Inc. and other companies operating critical U.S. computer systems legal protections for sharing hacking threats with each ...
Painkiller Prescribing by State: Highest in South; Florida Reverses Trend: CDC
Health care providers wrote 259 million prescriptions for opioid painkillers in 2012, and providers in some states prescribed far more painkillers than those in other states, according to Vital ...