More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said Friday. The government urged businesses of all sizes to scan their …
The United States may refuse to apply new global capital rules in the world’s biggest insurance market because of the “breakneck speed” they are being pushed through, American regulators said on Monday. The National Association of Insurance Commissioners (NAIC), made …
The U.S. government took a step on Monday toward opening the skies to aerial drones, authorizing six sites where unmanned aircraft can be tested for a variety of uses. The Federal Aviation Administration already had approved limited use of drones …
A U.S. housing regulator said on Tuesday that it would ban some fees and commissions that borrowers are compelled to pay when their own home insurance coverage lapses. The Federal Housing Finance Agency said it was aiming to shield homeowners …
Republican budget-cutters joined Democratic defenders of food stamps on Thursday to deal a shocking defeat to the $500 billion farm bill backed by Republican leaders in the House of Representatives, undermining hopes of enacting legislation before the current stop-gap law …
The U.S. Federal Trade Commission should gather information about the business practices of “patent assertion entities,” known as patent trolls, to see whether they are hurting competition, the head of the commission said on Thursday. Patent trolls are companies that …
In a series of rulings this year, the U.S. Supreme Court has steered a consistent course against consumers or small businesses that want to bring class action lawsuits against corporate defendants. Comcast Corp, Whirlpool Corp and Sears Holdings Corp’s Sears …
The U.S. Supreme Court ruled on Thursday that an arbitration agreement prevents merchants from bringing class action claims against American Express Co . The nine-member court ruled on a 5-3 vote, with liberal Justice Sonia Sotomayor recused, that American Express’s …
Insurers should not be forced to hold extra capital just because of their size, because the extra cost would simply be passed on to consumers, U.S. regulators said on Tuesday. G20 world leaders have backed imposing extra capital requirements on …
New health insurance exchanges being set up by the federal government in more than 30 states under President Barack Obama’s 2010 healthcare overhaul could miss an Oct. 1 deadline for open enrollment, a government report said on Wednesday. The launch …
