Government
Slowdown in Global Warming No Argument for Policy Change: Wynn
A recent slowdown in the rise of the Earth's surface temperatures has led some commentators to question whether scientists have exaggerated the global warming problem. Scientific advances have ...
U.S. Agrees to Japan Joining Trans-Pacific Talks; Japan Vows Action on Insurance, Auto
Japan and the United States have agreed on a deal to allow Tokyo to join talks on a U.S.-led Asia-Pacific free trade pact that Prime Minister Shinzo Abe is making a keystone of his strategy to open ...Fed Probes Early Release Of Minutes, Appears Accidental
The Federal Reserve launched an investigation on Wednesday into the U.S. central bank's worst security lapse in years, but said it appeared the early release of market-sensitive minutes of a policy ...Madoff Victims Can’t Sue SEC: U.S. Appeals Court
Victims of Bernard Madoff's investment fraud have lost their bid to sue the U.S. Securities and Exchange Commission for negligence in failing to uncover the swindler's Ponzi scheme. On Wednesday, a ...
Federal Reserve: Low Interest Rates Not Inducing High Risk-Taking…Yet
Federal Reserve staff conducted a wide survey but found no evidence so far that the U.S. central bank's ultra-low interest rate policy has encouraged excessive risk-taking, the Fed said on Wednesday. ...Judge Approves $115 Million AIG Shareholder Settlement
A federal judge on Wednesday approved a $115 million settlement between American International Group Inc. shareholders and former CEO Maurice "Hank" Greenberg and other defendants over alleged ...
UK Watchdog Tells Financial Product Sellers: No More ‘Buyer Beware’ Defense
Britain's new watchdog announced sweeping changes in financial regulation on Wednesday, telling banks they can no longer blame customers when products go wrong and promising to study how consumers ...Jury Finds Exxon Liable For $236.4M In MTBE Suit
A New Hampshire jury on Tuesday found Exxon Mobil Corp liable for $236.4 million in a civil lawsuit that charged the oil company had polluted groundwater in the state with a gasoline additive used to ...