
Business and Financial
WASHINGTON, D.C. — A federal district court in the Western District of Missouri entered an Order effectuating a settlement between the Bureau of Consumer Financial Protection (Bureau) and Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate entities controlled…
Changes Will Ease Burden on Financial Institutions and Reduce Risk of Consumer Confusion WASHINGTON, D.C. – The Bureau of Consumer Financial Protection (Bureau) finalized amendments to implement legislation that allows financial institutions that meet certain requirements to be exempt from…
Washington, DC – The Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges against Lansing Trade Group, LLC (Lansing), a commodity merchandising firm with headquarters in Overland Park, Kansas, for the attempted manipulation of the price…
Minority- and women-owned firms awarded contracts worth $109 million The team building the Loop 202 South Mountain Freeway, Arizona’s largest single highway project ever, has awarded more than $100 million in contracts to local small businesses run by socially and…
Patent highlights 228-year history and strength of American intellectual property system WASHINGTON - The United States Patent and Trademark Office (USPTO) today issued U.S. patent number 10 million. More than just a number, patent 10 million celebrates the rich history…
The Securities and Exchange Commission has charged Merrill Lynch, Pierce, Fenner & Smith with misleading customers about how it handled their orders. Merrill Lynch agreed to settle the charges, admit wrongdoing, and pay a $42 million penalty. According to the…
Washington, DC – The Commodity Futures Trading Commission (CFTC or Commission) has issued an Order filing and settling charges against JPMorgan Chase Bank, N.A. (JPMC) for attempted manipulation of the ISDAFIX benchmark and requiring JPMC to pay a $65 million…
The BHP Board has approved US$2.9 billion (BHP share; US$3.4 billion 100 per cent)1 in capital expenditure for the South Flank project in the central Pilbara, Western Australia. BHP President Operations, Minerals Australia, Mike Henry, said the South Flank project…
Agency required divestiture as condition of Red Ventures’ acquisition of Bankrate The Federal Trade Commission has approved an application by Red Ventures to divest Caring.com, a subsidiary of Bankrate, to Caring Holdings, LLC, a newly formed company backed by a…
Secretary of Commerce Wilbur L. Ross, Jr. today announced that the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has imposed a denial of export privileges against Zhongxing Telecommunications Equipment Corporation, of Shenzhen, China (“ZTE Corporationâ€) and ZTE…
Proposed Sale Would Offer Nearly 390,000 Acres WASHINGTON – In support of the President's “America-First Offshore Energy Strategy,†U.S. Secretary of the Interior Ryan Zinke announced the proposed lease sale for two additional areas offshore Massachusetts for commercial wind energy…
The Securities and Exchange Commission has charged a California-based energy storage and power delivery product manufacturer and one of its former sales executives in a fraudulent revenue recognition scheme designed to inflate the company’s reported financial results. According to the…