Regulatory News

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RPT-Apache CEO, Vermont activist build alliance on climate issues

NEW YORK, April 17 - Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist.

India's Glenmark pulls 2,900 bottles of ulcer drug in U.S.

MUMBAI, April 18 - India's Glenmark Pharmaceuticals Ltd is recalling some 2,900 bottles of its stomach ulcer drug ranitidine in the United States after a foreign tablet was found in one of the bottles.

Stocks, Markets, Healthcare 2:33am EDT

China issues banking rules to strengthen online payment security

* Rules to protect data of clients who use third-party platforms

Tech workers seek to use Steve Jobs evidence in upcoming trial on no-hire accords

SAN FRANCISCO, April 17 - Four large technology companies should not be allowed to limit evidence about Apple Inc co-founder Steve Jobs at an upcoming trial over no-hire agreements in Silicon Valley, according to a court document filed late on Thursday by employees suing the firms.

UPDATE 1-U.S. music labels sue Pandora over royalties for golden oldies

NEW YORK, April 17 - Several major U.S. music companies sued Pandora Media Inc on Thursday, accusing the online streaming service of cheating them out of royalties by playing thousands of pre-1972 recordings without paying royalties.

Wall Street banks make legal case for physical commodities trade

NEW YORK, April 17 - Wall Street banks have mounted a massive legal defense of their physical commodities activities, in a last-ditch effort to convince regulators that chartering oil tankers and owning power plants pose no risk to the financial system.

Markets, Financials 17 Apr 2014

Facing FTC action, U.S. ringmakers call off deal

WASHINGTON, April 17 - Jostens, a leader in the school ring and academic memento market, on Thursday said it had dropped plans to acquire competitor American Achievement Corp - a deal the Federal Trade Commission had said it would fight.

U.S. music labels sue Pandora over royalties for golden oldies

NEW YORK, April 17 - Several major U.S. music companies sued Pandora Media Inc on Thursday, accusing the online streaming service of cheating them out of royalties by playing thousands of pre-1972 recordings without paying royalties.

No U.S. IRS audits for most big financial partnerships -report

WASHINGTON, April 17 - Fewer than 1 percent of partnerships with more than $100 million in assets, including hedge funds and private equity firms, are audited by the U.S. Internal Revenue Service, a government report said on Thursday.

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