US President Barack Obama urged the House of Representatives to act quickly on the immigration reform plan.
Legal & Regulatory
Protests and gun sales grow amid Zimmerman verdict
After the acquittal of Zimmerman, protests broke and gun sales increased. After the announcement of George Zimmerman's acquittal from his murder trial yesterday, the United States Justice Department said that they will be conducting further review on the case.
Zimmerman continues case against NBC
After his acquittal to the murder of a teenager, Zimmerman pursued his suing of NBC News. The acquittal of George Zimmerman allowed him to pursue his case against news network NBC News for the mis-editing of this police call prior to the shooting.
Central bank of India levies US$8.3 million in fines for 22 lenders
The Reserve Bank of India imposed US$8.3 million in fines for 22 lenders that flouted rules and regulations on anti-money laundering.
Chinese regulators approve Alibaba's plan to expand online loan funding
Chinese Securities Regulatory Commission allowed Alibaba to expand its capital for the online loan enterprise.
Latest News
Jason Konior pleaded guilty of stealing US$2.9 million from investors as part of the 2011-2012 Ponzi scheme.
INTL FCStone abandoned its plan to buy Cleartrade Exchange due to the newly-issued financial guidelines.
The House of Representatives approves the contentious farm bill defying a veto threat from the White House.
CFTC was close to a compromise on how the regulator's rules applied to foreign corporations dealing with banks in the US.
The European Commission proposed the creation of a new agency that would close and revamp failed banks.
Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
A global blueprint that was supposed to eradicate manipulation of benchmarks was expected to stumble due to patchy implementation.
The Financial Stability Oversight Council designated American International Group and GE Capital as systemically important to the financial system.
Last Monday, the Indian government said that it would give preference over locally made electronics goods for procurement in the government and private sector.
