Government
House Passes Flood Insurance Bill; Key Senators Sign On
The U.S. House of Representatives Tuesday evening passed bipartisan legislation to curb some of the premium increases in the nation's flood insurance program that have been causing "sticker shock" ...
Gov. Christie Says N.J. May Get $10B of Federal Sandy Aid
Governor Chris Christie said New Jersey may receive as little as $10 billion of federal recovery funds for $37 billion of damage from Hurricane Sandy. "Some really difficult decisions will have to be ...
House Poised to Pass Flood Insurance Change Backed by Realtors
The U.S. House will have enough votes to pass flood-insurance legislation following last-minute changes to give more coastal property owners a break from rate increases, Minority Whip Steny Hoyer ...
Supreme Court Expands Sarbanes-Oxley Whistleblower Shield
The U.S. Supreme Court expanded the reach of a federal law enacted in response to the 2001 Enron Corp. collapse, saying it protects people who work for a public company's contractors, including law ...
High Court to Determine Fate of Securities Class Actions
In a case eagerly watched by publicly traded companies regularly sued by investors, the U.S. Supreme Court will on Wednesday consider overruling a 26-year-old precedent that made it easier for ...
India Opposition Party Vows More Foreign Investment in Insurance
India's opposition Bharatiya Janata Party will consider raising the cap on foreign investment in the insurance sector from the current level of 26 percent if it comes to power after elections due by ...
Fed Response to Financial Crisis Could Have Been More Aggressive: Bernanke
Former Federal Reserve Chairman Ben Bernanke said the U.S. central bank could have done more to fight the country's financial crisis and that he struggled to find the right way to communicate with ...
N.Y.’s ‘Scaffold’ Law Increases Injuries, Costs $3B a Year: Study
A study published this month challenges the claim that New York's Labor Law 240, also known as the "Scaffold Law," improves workplace safety. The study argues New York incurs additional workplace ...