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US moves to roll back 'net neutrality' rules

Washington - US regulators voted Thursday to roll back so-called "net neutrality" rules which required internet providers to treat all traffic equally, in the latest twist to an acrimonious debate over online freedom.

US regulator orders rollback of 'net neutrality' rules

Washington - US regulators voted Thursday to roll back so-called "net neutrality" rules that require internet providers to treat all traffic equally, amid an acrimonious debate over how it impacts online freedom.

Questions and answers on 'net neutrality'

Washington - US regulators are set to vote Thursday on a plan overhauling rules for internet services providers. The action by the Federal Communications Commission is likely to end so-called "net neutrality.

EU antitrust chief defends probe of Google, US tech giants

Washington - Europe's top antitrust regulator Magrethe Vestager on Monday defended her agency's investigations of Google and other US tech giants, arguing that dominant companies have a "special responsibility" to avoid abusing their market power.

US Senate confirms Jay Clayton as new SEC chief

Washington - The US Senate confirmed attorney Jay Clayton as the new head of the Securities and Exchange Commission tasked with regulating Wall Street and America's financial sector.

US regulator vows to roll back 'net neutrality' rules

Washington - A top US regulatory official on Wednesday unveiled plans to roll back so-called "net neutrality" rules that require broadband firms to treat all online traffic equally.

US regulator reverses course on in-flight calling

Washington - A top US regulator moved Monday to roll back efforts to allow cellphone use in aircraft, reversing course on relaxing a long-standing ban on in-flight calls.

Germany threatens online giants with 50 mn euro hate speech fines

Berlin - Germany on Wednesday took the European lead in cracking down against hate speech and fake news, threatening social media giants with fines of up to 50 million euros if they fail to remove offensive posts promptly.

Bank of America to pay for illegal credit-card actions

Washington - Bank of America will pay $772 million over illegal credit-card practices that lured consumers into signing up for added products and services, US regulators said Wednesday.

Largest US banks ordered to raise capital buffers

Washington - US banking regulators on Tuesday ordered the eight largest "too big to fail" banks to raise capital levels in a bid to address weaknesses seen in the 2008 financial crisis.

Credit Suisse to pay $885 mn over US mortgage bonds

Washington - Swiss bank Credit Suisse agreed Friday to pay $885 million to settle claims that it misled mortgage giants Fannie Mae and Freddie Mac in the sale of mortgage-backed securities.

29 of 30 U.S. big banks pass stress tests

Washington - All but one of the 30 largest banks are now strong enough to weather another severe economic crash, the Federal Reserve said Thursday.In the newest of the series of health examinations mandated after the 2008 financial crisis, only Zions Bancorp could ...

Review finds Boeing 787 meets expected safety levels

Washington - The US Federal Aviation Administration said Wednesday a joint review with Boeing has found that the 787 Dreamliner's design, manufacture and assembly processes met the aircraft's intended safety level.The FAA-Boeing review team was formed after two bat...

US regulator warns consumers of Bitcoin risks

Washington - A US financial regulator warned consumers Tuesday that using the online currency Bitcoin is fraught with risks including theft by hacking and fraud.The Financial Industry Regulatory Authority issued the general warning amid a spate of scandals involvin...

US regulator warns consumers of Bitcoin risks

Washington - A US financial regulator warned consumers Tuesday that using the online currency Bitcoin is fraught with risks including theft by hacking and fraud.The Financial Industry Regulatory Authority issued the general warning amid a spate of scandals involvin...

Yellen says Fed has no authority on bitcoin issues

Washington - The Federal Reserve has no authority to regulate or otherwise deal with the crypto-currency bitcoin, Fed Chair Janet Yellen said Thursday.Yellen said in a Senate hearing that the banks under its regulatory purview were not involved with bitcoin, and so...

Morgan Stanley set to pay $275 mn to settle SEC probe

Washington - US banking giant Morgan Stanley on Tuesday said it would pay $275 million to settle a Securities and Exchange Commission probe of mortgage-backed securities deals.In a filing, Morgan Stanley noted that it had reached a preliminary agreement with the SE...

U.S. renews 'Open Internet' push after court order

Washington - U.S. regulators said Wednesday they would write new "open Internet" rules following a court ruling last month that struck down provisions aimed at barring providers from playing favorites for online services.

NGO challenges $13 bln JPMorgan Chase settlement

New York - A non-profit group filed suit over a record $13 billion settlement between the US Justice Department and JPMorgan Chase concerning high-risk mortgage securities it sold ahead of the housing bust.Better Markets, an NGO that advocates for US financial ma...

JPMorgan to pay $614 mn to settle charges on bad loans

New York - JPMorgan Chase will pay $614 million to settle US charges that it approved thousands of bad loans that wrongly qualified for federal insurance, the Department of Justice announced Tuesday.

Morgan Stanley to pay $1.25 bn in mortgage settlement

New York - US banking giant Morgan Stanley Tuesday said it agreed to pay $1.25 billion to settle charges that it misled investors on the sale of mortgage-backed securities ahead of the housing bust.

KPMG to pay $8.2 mn to settle SEC auditing charges

Washington - US accounting firm KPMG violated rules aimed at maintaining auditors' independence from their clients and will pay $8.2 million to settle the charges, regulators said Friday.

US court muddles outlook for 'Open Internet'

Washington - With the "Open Internet" rule struck down by a US court, the future of the online landscape is now murkier than ever.

Apple to refund $32.5 mn for kids' app purchases

Washington - Apple has agreed to refund at least $32.5 million to US customers for children's purchases from its online App Store without parental consent, US regulators said Wednesday.

US court strikes down 'Net Neutrality' rule

Washington - A US appeals court on Tuesday struck down as unconstitutional a "Net Neutrality" rule that bars broadband Internet providers from blocking or playing favorites for online services.

Video: NBC News' Brian Williams Raps 'Nuthin But a G Thang'

New York - NBC News anchor Brian Williams was recently seen in rare form on "Late Night With Jimmy Fallon." Fans were treated to Brian Williams: Gangster rapper.

China gets tough on corruption

The Chinese government issued a slate of new regulations on Sunday, aiming to give corruption an official blow, reported Xinhua news agency.

US 'must regulate car pollution'

Twelve states and 13 campaign groups brought the landmark case against the Environmental Protection Agency (EPA).
 

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