Industry regulation

February 20, 2019 - 4:45 pm
ASHEVILLE, N.C. (AP) — A North Carolina lawmaker is making a push to link the city of Asheville to passenger rail service. The Asheville Citizen Times reports Gaston County GOP Rep. John Torbett, chairman of the House Transportation Committee, says he will consider a request for two years of...
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Former CEO of Global Wealth Management and Business Banking at UBS AG Raoul Weil leaves the Paris courthouse in Paris, France, Wednesday, Feb. 20, 2019. A Paris court has ordered Swiss bank UBS to pay 3.7 billion euros ($4.2 billion) in fines for helping wealthy French clients evade tax authorities. (AP Photo/Michel Euler)
February 20, 2019 - 2:11 pm
PARIS (AP) — A French court ordered Switzerland's largest bank, UBS, to pay 4.5 billion euros ($5.1 billion) in fines and damages for helping wealthy French clients evade tax authorities, sending a stern warning to tax dodgers and the banks that aid them. The Paris court convicted Zurich-based UBS...
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German Foreign Minister Heiko Maas, right, and British Foreign Secretary Jeremy Hunt attend a joint news conference after a meeting at the foreign ministry in Berlin, Wednesday, Feb. 20, 2019. (AP Photo/Markus Schreiber)
February 20, 2019 - 11:40 am
BERLIN (AP) — Britain's top diplomat has urged Germany to relax its ban on arms sales to Saudi Arabia because they are affecting U.K. sales of weapons to — and by extension its influence with — the oil-rich kingdom. The German weekly Der Spiegel reported Wednesday that British Foreign Minister...
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FILE - In this Feb. 1, 2017 file photo, National Security Adviser Michael Flynn speaks during the daily news briefing at the White House, in Washington. The Democrat-led House oversight committee launched an investigation Tuesday into whether senior officials in President Donald Trump’s White House worked to transfer nuclear power technology to Saudi Arabia as part of a deal that would financially benefit prominent Trump supporters. The proposal was pushed by former National Security Adviser Michael Flynn, who was fired in early 2017, but it has remained under consideration by the Trump administration despite concerns from Democrats and Republicans that Saudi Arabia could develop nuclear weapons if the U.S. technology was transferred without proper safeguards. (AP Photo/Carolyn Kaster)
February 19, 2019 - 11:44 pm
WASHINGTON (AP) — Senior White House officials pushed a project to share nuclear power technology with Saudi Arabia despite the objections of ethics and national security officials, according to a new congressional report citing whistleblowers within the Trump administration. Lawmakers from both...
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February 18, 2019 - 2:55 pm
COLUMBIA, S.C. (AP) — For more than 700,000 customers of a private South Carolina utility, the $1,000 rebate checks aren't in the mail. A year ago, Dominion Energy proposed writing the average South Carolina Electric & Gas customer a $1,000 check if lawmakers facilitated and regulators approved...
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FILE -- In this Tuesday, Sept. 18, 2018 photo the 'wirecard' company headquarters is pictured in Ascheim, Germany. Germany's financial market regulator has issued a two-month ban on short-selling shares in Wirecard AG, whose stock has swung sharply in recent months. (Peter Kneffel/dpa via AP)
February 18, 2019 - 12:38 pm
BERLIN (AP) — Germany's financial market regulator issued a two-month ban Monday on short-selling shares of payment service provider Wirecard AG, whose stock has swung sharply in recent months. The regulator said creating new net short positions or increasing existing net short positions in...
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In this Sept. 4, 2018, photo released by Xinhua News Agency, students line-up to get eyesight test at a primary school in Donglin Township of Huzhou City, east China's Zhejiang Province. An eastern Chinese province plans to ban teachers from assigning homework to be completed on cellphone apps as part of efforts to preserve students' eyesight. Zhejiang province issued a draft regulation last week and is seeking public comment. (Xu Yu/Xinhua via AP)
February 18, 2019 - 4:51 am
BEIJING (AP) — An eastern Chinese province plans to ban teachers from assigning homework to be completed on cellphone apps as part of efforts to preserve students' eyesight. Zhejiang province issued a draft regulation last week and is seeking public comment. It is one of several provinces...
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FILE - In this Jan. 1, 2016, file photo, Chinese policemen watch as depositors from Ezubao gather outside the State Bureau for Letters and Calls Reception Division office in Beijing. China's policy ministry says it investigated 380 online lenders and froze $1.5 billion in assets in a crackdown following an avalanche of scandals in the huge but lightly regulated industry. The ministry said Monday, Jan. 18, 2019, it launched the investigation in June because the industry was increasingly risky and rife with complaints about fraud, mismanagement and waste. (AP Photo/Mark Schiefelbein, File)
February 18, 2019 - 4:46 am
BEIJING (AP) — Chinese police have investigated 380 online lenders and frozen $1.5 billion in assets following an avalanche of scandals in the huge but lightly regulated industry, the government announced Monday. Beijing allowed a private finance industry to flourish in order to supply credit to...
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Yellow vest protesters march during a protest in Paris, Sunday, Feb. 17, 2019. French yellow vest protesters are marking three months since the kickoff of their anti-government movement, as anti-Semitic remarks by some demonstrators have raised national concern about the movement's ascendant radical fringe. (AP Photo/Thibault Camus)
February 17, 2019 - 5:21 pm
PARIS (AP) — An upsurge in anti-Semitism in France reached a climax this weekend with a torrent of hate speech directed at a distinguished philosopher during a march of yellow vest protesters, adding to questions about the radicalized fringes of the movement hidden within French society and...
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February 17, 2019 - 11:00 am
ATLANTA (AP) — A Georgia lawmaker is seeking protection for people who break into cars to rescue pets in hot weather. The Atlanta Journal-Constitution reports that Sen. Kay Kirkpatrick is proposing legislation that would protect people from a lawsuit if they damage a vehicle to rescue an animal in...
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