Legal & Regulatory
Low-wage social contract creates protest from fast-food workers
Thousands of fast food workers organized protests to demand higher wages after US federal minimum wages were said to be almost always without benefits.
Banks face day of weighing up commodities after Goldman’s oil burned
181,000 gallons of asphalt that belonged to Goldman Sachs was burned after an explosion occurred at Elk Grove refinery.
European Union levy still not final despite legal opinion
Despite an European Council legal opinion, the EU maintains that the financial transaction tax issue is a misunderstanding.
Social Security overpays USD 1.3 billion in disability aid- GAO
A report from the Government Accountability Office showed improper disability payments were made to Social Security beneficiaries amounting to USD 1.3 billion.
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A Reuters report said that investors had started to take out their capital from emerging markets as Fed tapering loomed.
US regulators met with the stock exchange operators to talk about backing up the Nasdaq stock quotes processor which malfunctioned last month.
Verizon, US's biggest wireless provider, argued in a US Court of Appeals for the District of Colombia that the 2011 rule on net neutrality violated its First Amendment rights.
In her Reuters column, Allison Schrager asked a question that had continued to remain unanswered: How should people actually spend their retirement money?
A Reuters analysis report revealed that Brazil could fail its primary surplus target for 2014 which could downgrade its credit rating.
Lawyers of the European Union said the proposed transaction tax plan was illegal. European Union lawyers said the transaction tax plan proposed by eleven European member states was illegal.
The two Koreas agreed to resume operations of the Kaesong industrial zone on a trial basis starting Monday.
US authorities want to seize real estate properties in New York that were used to launder money from Russia.
Corporate titans in India had pledged to invest elsewhere should there would be no long-term economic reforms in place.
US Federal Trade Commission (FTC)'s Bureau of Competition cleared Honeywell International's proposed acquisition of Intermec on the condition that they license some key patents out to a competitor.