Financial industry regulation

December 12, 2018 - 9:22 am
ST. PAUL, Minn. (AP) — Minnesota lawmakers are considering steps they could take to rein in the soaring cost of insulin, which one couple says has become so expensive that their diabetic son could no longer afford it and died. State Sen. Matt Little convened an informal discussion at the state...
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November 29, 2018 - 5:08 pm
WASHINGTON (AP) — Federal regulators said Thursday that boxing legend Floyd Mayweather and music producer DJ Khaled are paying a total $750,000 to settle charges they failed to disclose payments they received for promoting investments in digital-currency securities. The Securities and Exchange...
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Police officers walk in the backyard of Deutsche Bank headquarters during a raid in Frankfurt, Germany, Thursday, Nov. 29, 2018. (AP Photo/Michael Probst)
November 29, 2018 - 11:01 am
BERLIN (AP) — German authorities raided Deutsche Bank's headquarters Thursday amid suspicions that its employees helped clients set up offshore companies that were used to launder hundreds of millions of euros. About 170 police officers, investigators and prosecutors swooped in on the bank's...
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FILE - In this June 14, 2018, file photo, Tesla CEO Elon Musk speaks at a news conference in Chicago. Tesla has announced that Robyn Denholm of Australia's Telstra will become its new board chair. Musk agreed to vacate his post as board chairman as part of a settlement with U.S. regulators of a lawsuit alleging he duped investors with misleading statements about a proposed buyout of the company. (AP Photo/Kiichiro Sato, File)
November 08, 2018 - 6:29 am
DETROIT (AP) — Tesla's board has named one of its own as chairman to replace Elon Musk, complying with terms of a fraud settlement with U.S. securities regulators. The electric car and solar panel company's board on Thursday named Australian telecommunications executive Robyn Denholm as chairman,...
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FILE- In this June 27, 2018, file photo House Financial Services Committee ranking member Rep. Maxine Waters, D-Calif., asks a question during a hearing on Capitol Hill in Washington. With Democrats taking control of the House of Representatives, Waters is now expected to become chairwoman of the powerful House Financial Services Committee, the committee that oversees the nation’s banking system and its regulators. (AP Photo/Jacquelyn Martin, File)
November 07, 2018 - 3:26 pm
NEW YORK (AP) — Come January, the banking industry is going to be on Rep. Maxine Waters' time. With Democrats taking control of the House of Representatives, the California representative is expected to become chairwoman of the powerful House Financial Services Committee, which oversees the nation'...
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Trader Gregory Rowe works on the floor of the New York Stock Exchange, Wednesday, Nov. 7, 2018. Stocks are climbing in early trading on Wall Street as results of the U.S. midterm elections came in as investors had expected. (AP Photo/Richard Drew)
November 07, 2018 - 1:27 pm
NEW YORK (AP) — Stocks rallied Wednesday as investors were relieved to see that the U.S. midterm elections went largely as they expected they would. Big-name technology and consumer and health care companies soared as the S&P 500 index closed at its highest in four weeks. Democrats won control...
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November 07, 2018 - 9:40 am
FRANKFURT, Germany (AP) — The European Central Bank's leadership has nominated financial regulator Andrea Enria for the job of top European Union banking supervisor, a decision that could influence later jockeying for high EU financial posts. Enria was nominated Wednesday by the central bank's...
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Leave campaigner and businessman Arron Banks, centre, speaks to the media outside BBC Broadcasting House in London, after appearing on the Andrew Marr show, in London, Sunday, Nov. 4, 2018. Britain's National Crime Agency is investigating a main financial backer of the campaign to get Britain out of the European Union over suspected illegal funding during the country's EU membership referendum, authorities said Thursday. (Victoria Jones/PA via AP)
November 06, 2018 - 8:11 am
LONDON (AP) — Britain's data commissioner on Tuesday called for tougher rules governing the use of personal data by political campaigns around the world, declaring that recent investigations have shown a disturbing disregard for voters and their privacy. Speaking to the U.K. Parliament's media...
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Former President Barack Obama and Democratic candidate for Georgia Governor Stacey Abrams wave to the crowd during a campaign rally at Morehouse College Friday, Nov. 2, 2018, in Atlanta. (AP Photo/John Bazemore)
November 02, 2018 - 6:15 pm
ATLANTA (AP) — Former President Barack Obama urged Georgia voters on Friday to elect Stacey Abrams governor as a way to counter divisiveness and help keep Republicans from dismantling much of his legacy. Speaking before a raucous crowd at historically black Morehouse College in Atlanta, Obama never...
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October 31, 2018 - 8:34 am
WASHINGTON (AP) — The Affordable Care Act's sixth sign-up season opens Thursday amid stabilizing premiums and more choice for consumers. Nationally, average premiums are going up only by low single-digit percentages for 2019. In some states, and for some types of plans, premiums will decline. Fewer...
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