The SEC's new rule on sales of securities will allow starting companies and venture capitalists to gain more funds.
Legal & Regulatory
Italian prosecutors investigate JPMorgan for employee's acts
A document seen by Reuters showed that Italian prosecutors are investigating JPMorgan in relation to their probe of Monte dei Paschi.
Obama’s proposal aims to satisfy Republicans and Democrats
US President Barack Obama proposed a plan that would satisfy both Democrats and Republicans alike. On Tuesday, US President Barack Obama proposed a plan called the "grand bargain for middle-class jobs".
SEC investigates 'fraudulent' McAuliffe investment program
The Securities and Exchange Commission launched an investigation against Gulf Coast Funds Management's investment program.
IBM reveals US regulators investigating their cloud computing revenues
IBM Corp disclosed that the SEC is probing how the revenues of their cloud computing business is generated.
Latest News
Chinese organizations accused Apple Inc's supplier Foxconn and Taiwanese supplier UniMicron Technology Corp of environmental violations.
Chinese regulators urged local importers of Fonterra's products to recall their contaminated items after the dairy maker warned some infant milk and food products contained botulism-causing bacteria.
Apple described the US Justice Department's proposal to regulate its e-book sales as "draconian and punitive."
The City of Richmond filed a lawsuit against Chevron Corp over a refinery fire that occurred last year.
San Francisco District judge denies class action certification by women filing case against Wal-Mart
San Francisco U.S. District Judge Charles Breyer rejected a motion filed by women workers of Wal-Mart's California offices as a class action lawsuit.
Goldman Sachs ex-trader Fabrice Tourre was found guilty by a Manhattan jury in his role in the subprime mortgage-back deal known as Abacus in 2007.
The federal and state regulators proposed remedies for Apple Inc's e-book price-fixing. On Friday, the US Department of Justice and 33 US states said that Apple Inc deserved a five-year ban from participating in anti-competitive e-book distribution deals.
India loosened rules for foreign direct investors on the local retail industry as part of its drive to lure more foreign firms.
Apple was seeking US president and trade representative's reprieve regarding the import ban for iPhone 4 and iPad 2 in the US.
