The investigation into improprieties related to mortgage backed securities hinges its legality in a 1989 law.
Legal & Regulatory
Swatch announces revenue decline and cut back on component deliveries
In twin moves, Swatch was able to identify the cause of its sales declines and increase the demand for its components by cutting back on deliveries.
Jet Airways-Etihad deal to be completed by the end of 2013
Despite the recent quarterly loss report from Jet Airways, Etihad is still awaiting the completion of the deal.
FDA reclassifies hydrocodone-based painkillers as Schedule II substances
FDA has reclassified Vicodin and other hydrocodone-based pain pills as Schedule II, making them more difficult to get.
LinnCo's bid for Berry Petroleum under SEC review
The bid made by LinnCo for Berry Petroleum is but one of the transactions that the US SEC is reviewing.
Latest News
The Foreign Investment Promotion Board provides approval Tata-SIA venture. The Indian government approved the proposal from Singapore Airlines to commence an aviation venture with Tata Sons through an initial foreign direct investment of USD49 million.
Bharti Airtel and Airtel Broadband had announced the approval of the merger plan between the two Indian telecommunications firms.
Lehman Brothers Holdings Inc and Giants Stadium LLC could not agree on the settlement amount of two interest-rate swap contracts the latter had cancelled.
As the UK and the US institute crowdfunding regulations, India is also drafting its own set of rules.
Henan Dayou Energy said the country's regulators were investigating them for disclosing information illegally.
Apple scored a victory against Wi-Lan on a patent infringement lawsuit. A Texas federal jury ruled that Apple did not infringe a patent from Wi-Lan Inc.
Share trading of Chong Hing Bank and its parent company were suspended temporarily pending confirmation of the sale of the bank to Yue Xie Group.
Radian Group filed a case against former account manager Rhiannon Bolen for giving confidential data to Arch Capital Group.
New inclusions to avoid the London Whale scandal is sought to be included in the new Volcker Rules, which may result in failure to meet the mandated year end deadline.
