News
SEC’s Aguilar Wants Stock Exchange Execs Liable for Failures
A proposal that would require stock exchanges to be better equipped to handle market disruptions does not go far enough to hold senior officials accountable for failures, Securities and Exchange ...
Lawsuit Against Silicon Valley Hiring Practices Gets Class-Action Status
A U.S. judge accorded class-action status to a lawsuit that alleges broad conspiracy among major Silicon Valley companies to suppress employee compensation by not poaching each other's employees, a ...
Aiming To Avoid Facebook Chaos, NYSE Runs Twitter IPO Test
The New York Stock Exchange on Saturday did a test run of Twitter's highly anticipated market debut, as it seeks to avoid the types of problems that plagued Facebook's initial public offering on ...
SEC’s Gallagher Slams Effort to Adopt Political Disclosure Rules
The U.S. Securities and Exchange Commission should not waste time drafting rules to force companies to disclose information like campaign contributions or government payments for energy projects, a ...
Patton Boggs in Merger Talks, Possibly with Locke Lord: Sources
Washington law firm Patton Boggs, well known for its lobbying and public policy work, is in talks to merge with a larger U.S. law firm, according to two former partners and a person with inside ...
Atlantic Hurricane Season Quietest in 45 Years, Experts Say
The 2013 Atlantic hurricane season looks set to go down as a big washout, marking the first time in 45 years that the strongest storm to form was just a minor Category 1 hurricane. There could still ...
Jury Finds Toyota Liable in First Unintended Acceleration Crash Trial
Toyota Motor Corp. has been found liable in an unintended acceleration lawsuit in the U.S., one of the first such cases to go to trial since the Japanese carmaker began recalling millions of vehicles ...
China to Remain Centerpiece of Asia Expansion for Munich Re
Munich Re, the world's biggest reinsurer, said China will remain its biggest growth market in Asia as it considers countries such as India too unpredictable to step up investment. "Our biggest ...