Regulatory News

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Unions set sights on e-commerce and manufacturing firms after NLRB ruling


- U.S. union leaders said on Friday that a landmark U.S. labor board ruling on companies' obligations toward contract and franchise workers would help them organize manufacturers and e-commerce companies as well as fast food chains.

To regulate or not to regulate? EU to launch study on Uber

, Brussels - - The European Commission will launch a study in September of the ride-hailing app Uber in an effort to settle legal disputes that have pitched the U.S. start-up against conventional taxis across Europe, three people familiar with the matter said on Friday.

World, Tech, Breakingviews 28 Aug 2015

U.S. International Trade Commission clears Microsoft of patent infringement

NEW YORK - Microsoft Corp avoided a potentially costly setback to its mobile phone business on Friday as the U.S. International Trade Commission declined to block the import of its devices in a longstanding patent dispute.

Tech, Breakingviews 28 Aug 2015

Man linked to JPMorgan hacking in talks to resolve U.S. case: filing

NEW YORK - A Florida man accused of running an unlicensed bitcoin exchange and who is among five defendants linked to last summer's massive data breach at JPMorgan Chase & Co is in talks to resolve his criminal case, according to court papers filed Friday.

Breakingviews, Tech 28 Aug 2015

Prosecutor seeks to summon Murdoch in Deutsche Bank trial

MUNICH - Munich prosecutors requested that 30 additional witnesses including Rupert Murdoch, publisher Friede Springer and Axel Springer Chief Executive Mathias Doepfner be summoned in a trial against Deutsche Bank executives.

Think-tank WEF calls for rethink of anti money-laundering rules

LONDON - Regulators and central bankers should rethink how rules are applied to stop extremist financing and money laundering, or some emerging market economies risk grinding to a halt, an official of the World Economic Forum (WEF) think-tank said.

Breakingviews, Davos 28 Aug 2015

Google rejects 'unfounded' EU antitrust charges of market abuse

BRUSSELS - Google Inc has rejected EU antitrust charges that it abused its market power, exposing the company to the risk of a hefty fine if it does not alter its business practices.

Tech, Breakingviews 27 Aug 2015

AIG seeking $1.76 billion in 'life settlements' trial in New York

NEW YORK - An American International Group Inc unit on Thursday asked a federal judge to order a Pennsylvania firm to pay it $1.76 billion in damages for allegedly overcharging for life insurance policies acquired from elderly individuals.

U.S., Breakingviews 27 Aug 2015

Ex-Rabobank traders seek dismissal of U.S. charges over Libor scheme

NEW YORK - Two former Rabobank [RABO.UL] traders urged a U.S. judge on Thursday to dismiss an indictment accusing them of engaging in a scheme to manipulate Libor, the benchmark interest rate at the center of a global investigation into misconduct at several banks.

Breakingviews 27 Aug 2015

U.S. leaning against regulatory relief for three banks in Libor scandal

WASHINGTON - The U.S. Labor Department is leaning toward denying requests for regulatory relief by three big foreign banks that pleaded guilty to manipulating Libor interest rates but want to keep managing retirement accounts for clients.

Breakingviews 27 Aug 2015

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