Latest Government regulations News
Stock market today: Nikkei leads Asian gains follow Wall Street rallies
HONG KONG (AP) — Asian shares rose on Wednesday, led by an 2% gain in Japan’s Nikkei 225 after U.S. stocks rallied for a second straight day Tuesday, blunting the blow from what’s been a rough April. U.S. futures rose while oil prices edged lower. Japan’s...
Canadian police charge 2 former UN employees with conspiracy to sell military equipment in Libya
MONTREAL (AP) — Two former United Nations employees in Montreal have been charged with participating in a conspiracy to sell Chinese-made drones and other military equipment in Libya, Canadian police said Tuesday. RCMP spokesman Sgt. Charles Poirier said the alleged offenses...
New federal rule would bar 'noncompete' agreements for most employees
WASHINGTON (AP) — U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court. The Federal Trade Commission voted Tuesday 3-2 to ban measures known as...
Starbucks appears likely to win Supreme Court dispute with federal labor agency
The U.S. Supreme Court appeared to side with Starbucks Tuesday in a case that could make it harder for the federal government to seek injunctions when it suspects a company of interfering in unionization campaigns. Justices noted during oral arguments that Congress requires the...
New federal rule bars transgender school bathroom bans, but it likely isn't the final word
A new rule from President Joe Biden's administration blocking blanket policies to keep transgender students from using school bathrooms that align with their gender identity could conflict with laws in Republican-controlled states. The clash over bathroom policy and other elements of...
Stock market today: Asian stocks track Wall Street gains ahead of earnings reports
HONG KONG (AP) — Asian benchmarks extended gains Tuesday after U.S. stocks clawed back a chunk of their losses from last week, which was the worst for the S&P 500 in more than a year, while the yen weakened further to fresh 34-year lows. U.S. futures were mixed and oil prices...
Federal Trade Commission sues to block Tapestry's $8.5B acquisition of Capri
NEW YORK (AP) — The Federal Trade Commission sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Ltd., saying that the deal would eliminate direct head-to-head competition between the fashion companies' brands like Coach and Michael Kors in the so-called affordable luxury...
Biden administration tightens rules for obtaining medical records related to abortion
WASHINGTON (AP) — The medical records of women will be shielded from criminal investigations if they cross state lines to seek an abortion where it is legal, under a new rule that the Biden administration finalized Monday. The regulation, which is intended to protect women who live...
Kroger, Albertsons — still hoping to merge — agree to sell more stores to satisfy regulators
Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger. The companies now plan to sell 579 Kroger and Albertsons stores in markets where they overlap to C&S...
Supreme Court will take up the legal fight over ghost guns, firearms without serial numbers
WASHINGTON (AP) — The Supreme Court agreed on Monday to take up a Biden administration appeal over the regulation of difficult-to-trace ghost guns that had been struck down by lower courts. The justices by a 5-4 vote had previously intervened to keep the regulation in effect during...
