Government
Battle Comes Closer Over New U.S. Rule on Class Action Lawsuits
A U.S. rule years in the making that was intended to restore consumers' ability to band together to sue financial companies could unravel in just a few months as the heads of two federal agencies ...
NAIC President Nickel: Regulators Must Do Better Understanding Technology and Innovation
State regulators must better understand understanding technology and innovation trends increasingly driving the industry so they can do their jobs better, NAIC president Ted Nickel said. Nickel, who ...
New U.S. Ban on Forced Arbitration May Die in Republican Congress
Republicans lawmakers on Tuesday started trying to kill a brand-new U.S. rule prohibiting banks and credit card companies from requiring customers who open new accounts to sign an agreement that they ...
Truck Speeding Fix Hits Roadblock; Safety Rules Halted by Trump Anti-Regulation Order
Years of pleas from parents whose son was killed by a speeding tractor-trailer, buy-in from some truckers and the promise of fewer highway deaths convinced U.S. officials in September to propose ...
Wells Fargo Closer to $142M Settlement With Customers Over Phony Account Scheme
A California judge has granted a preliminary approval for Wells Fargo & Co.'s agreement to pay $142 million, and perhaps more, to customers whose credit scores were harmed by its employees ...
Pension Funds Seek SEC Regs Expanding Human Capital Management Disclosures
A coalition that includes some of the largest U.S. pension funds want federal regulators to force big banks and other public companies to disclose details on how they manage, compensate and ...
Hackers May Be Trying to Breach Admin Networks of Nuclear, Other Energy Facilities: DHS, FBI
Nuclear and other energy providers have been advised by the Department of Homeland Security and the FBI that hackers may be trying to breach their computer systems. DHS said in a statement Friday ...
New, Massive Ransomware Attack Spreads Around the World
A new cyberattack similar to WannaCry reached parts of Asia after hitting businesses, port operators and government systems in Europe, U.S. and South America. A terminal operated by A.P. ...