Legal & Regulatory

German courts uphold ban on Uber ride-share service

Courts in Berlin and Hamburg upheld bans on online transportation service Uber on Friday, saying the company did not comply with German laws on the carriage of passengers.


Secret tapes of Fed meetings on Goldman prompt call for U.S. hearings

An influential U.S. senator wants to hold hearings into "disturbing" issues raised by secretly taped conversations between Federal Reserve supervisors and officials at Goldman Sachs Group Inc (GS.N), a bank the Fed was tasked with policing.

Family Dollar says state attorney generals to probe Dollar General bid

Family Dollar Stores Inc (FDO.N) said certain state attorney generals have notified the company that they will investigate larger rival Dollar General Corp's (DG.N) takeover bid over competitive concerns.

Activist investor buys stake in Yahoo, urges AOL merger

Activist investor Starboard Value LP said on Friday it has acquired a "significant" stake in Yahoo Inc YHOO.O and urged the Internet company to explore a merger with AOL Inc AOL.N.


Latest News

Lending to euro zone households and companies contracted for the 28th month in a row in August, though at a slower pace, putting a keener spotlight on European Central Bank efforts to get credit flowing again.
The safety recall in parts of the United States of millions of vehicles with potentially defective air bags made by Japan's Takata Corp (7312.T) may expand to include General Motors Co (GM.N), according to documents filed this week with U.S. regulators.
China boosted the quotas it gives foreign institutions to invest in domestic securities by the largest amount in the third quarter since the final quarter of 2012 and regulators may also raise the limit on a parallel yuan-denominated program.
The dollar held near a four-year high against a basket of currencies on Friday, fueled by the biggest yield advantage over the euro in nearly 15 years as the Federal Reserve contemplates hiking interest rates.
In a boost to U.S. weapons makers looking for ways to offset lower domestic military spending, India is expected to choose Sikorsky Aircraft's S-70B Sea Hawk helicopters at a 16-aircraft tender worth over $1 billion.
European data privacy regulators on Thursday handed Google a package of guidelines to help it bring the way it collects and stores user data in line with EU law after six regulators opened investigations into the internet giant.
The euro hit a 22-month low against the dollar on Thursday on the prospect of diverging monetary policy between the Federal Reserve and the European Central Bank as rate differentials swing decisively in the greenback's favor.
Logistics firm DHL is using a drone to fly parcels to the German island of Juist, in what it says is the first time an unmanned aircraft has been authorized to deliver goods in Europe.
The California Public Employees' Retirement System has asked a U.S. judge to reject a proposed settlement between Hewlett-Packard Co and shareholders over the computer maker's botched acquisition of Autonomy Plc.
Rosneft (ROSN.MM), Russia's biggest crude oil producer, may back out of a deal to buy Morgan Stanley (MS.N)'s oil trading unit because Western sanctions make it virtually impossible to finance day-to-day operations, three sources close to the state-controlled company said.