Government
Senate Overwhelmingly Approves TRIA Renewal Bill
The U.S. Senate overwhelmingly approved a bipartisan bill that would renew the Terrorism Risk Insurance Act, even as the House struggles to schedule a floor vote for its version before the August ...
EEOC Toughens Protections for Pregnant Workers
For the first time in 30 years, the federal government is issuing new guidelines designed to protect pregnant workers from on-the-job discrimination. The Equal Employment Opportunity Commission ...
Munich Re America Backs Public-Private Effort on Extreme Weather Mitigation
The number of loss-relevant weather catastrophes worldwide has almost tripled since 1980, according to Munich Re's NatCatSERVICE database. The company said that finding ways to create broader ...
Bipartisan Bill Seeks to End Secrecy of ‘Too Big to Fail’ Panel
Democratic and Republican lawmakers are cooperating on legislation that would lift some of the secrecy around the U.S. council that decides which companies pose the biggest risks to the financial ...
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 ...