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News & Updates

March 26, 2015 U.S. safety regulators probe Lumber Liquidators laminates

Source: Reuters

The U.S. Consumer Product Safety Commission said on Wednesday it was investigating Chinese-made laminates used by Lumber Liquidators Holdings Inc, after reports that the company's flooring products had too-high levels of...

March 25, 2015 Lord Smith 'hugely sceptical' of fracking for shale oil in the UK

Source: The Guardian

Former environment agency chief says environmental case for shale oil in the UK is much tougher to make than for shale gas and calls for a single regulator

March 25, 2015 IRS says thousands of federal workers and retirees owe $3.5 billion in back taxes

Source: PBS Newshour

WASHINGTON — Federal workers and retirees owed more than $3.5 billion in unpaid taxes last year, a $200 million increase over the previous year, the IRS said Tuesday. Almost 305,000 federal workers and retirees owed back taxes as...

March 25, 2015 Soros Says Greece Now Lose-Lose Game After Being Mishandled

Source: Bloomberg

The chances of Greece leaving the euro area are now 50-50 and the country could go “down the drain,” billionaire investor George Soros said.

March 24, 2015 U.S. sets first major fracking rules on federal lands

Source: Reuters

The Obama administration’s new rules governing fracking on federal lands drew swift criticism from all sides on Friday, with green groups calling the measures “toothless” and the energy industry slamming “unnecessary” regulation...

March 24, 2015 Poverty rate in US drops for the first time since 2006

Economic Times - WASHINGTON: The poverty rate in the United States has dropped for the first time since 2006, bringing a bit of encouraging news about the nation's economy as President Barack Obama and Congress gear up for the...

March 24, 2015 Antibiotics and the Meat You Eat

Times Union - The legislation was supported by the îUnion of Concerned Scientistsî, Pew Environment Group, and the American Medical Association, among other groups, but opposed by farm organizations like the National...

March 24, 2015 U.S. bond prices edge up on Greek debt talk jitters

Source: Reuters

NEW YORK- U.S. Treasuries prices rose on Monday amid investor anxiety over negotiations between Greece and its creditors over the terms of a 240-billion-euro bailout for the cash-strapped nation. This week's $90 billion worth of...

March 24, 2015 Clinton: US Needs Solutions to Income Inequality

Source: ABC News

Approaching a likely presidential campaign announcement next month, Hillary Rodham Clinton said Monday that income inequality and wage stagnation are problems that go hand-in-hand and the nation needs creative solutions to...

March 20, 2015 Top Wall Street Lawyer Slams Regulatory Environment

Source: Wall Street Journal

One of Wall Street’s top lawyers says strains between banks and regulators have never been greater. After the record mortgage-related fines paid by banks over the last two years, “the regulatory environment today is the most...

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