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WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Tuesday regulators must find a way to safeguard the entire financial system and not just its parts to prevent future crises like the one currently engulfing economies around the globe...
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WASHINGTON (AP) -- Regulators on Friday shut down Freedom Bank of Georgia, marking the 17th failure this year of a federally insured bank, and more are expected to succumb amid a deepening recession.
The Federal Deposit Insurance Corp. was appointed rece..
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WASHINGTON (AP) -- Regulators defended their roles in the oversight and bailout of failed insurance giant American International Group Inc. in Congress Thursday.
Sen. Richard Shelby, an Alabama Repuiblican, called the company "the greatest corporate fail..
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NEW YORK (AP) -- Regulators on Friday closed Heritage Community Bank in Illinois, and Security Savings Bank in Nevada, marking 16 failures this year of federally insured institutions.
The Federal Deposit Insurance Corp. was appointed the receiver of the..
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By David Lawder
WASHINGTON (Reuters) - U.S. banking regulators on Wednesday launched a "stress test" program to assess larger banks' ability cope with a deeper and longer-than-expected recession that sees the unemployment rate climbing above 10 percent n..
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WASHINGTON (AP) -- Federal regulators said Monday they will launch a revamped program to shore up the nation's troubled banks that includes the option of increasing government ownership in financial institutions.
The new plans are the Obama administratio..
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WASHINGTON (AP) -- Federal regulators are pledging to do all they can to shore up the struggling banking system and plan to launch a revamped program to inject capital into financial institutions on Wednesday.
The Treasury Department, Federal Deposit Ins..
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BALTIMORE (AP) -- U.S. regulators approved on Thursday an offer by French power giant EdF to buy nearly half of U.S.-based Constellation Energy's nuclear operations for $4.5 billion.
The Federal Energy Regulatory Commission said in a statement that the c..
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ATLANTA (AP) -- A federal probe into a deadly salmonella outbreak has exposed a dirty secret: Food producers in most states are not required to alert health regulators if internal tests show possible contamination at their plants.
The legal loophole surf..
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WASHINGTON (AP) -- Federal antitrust regulators on Wednesday cleared Bank of America's $34.9 billion purchase of Merrill Lynch & Co. Inc.
The deal, announced Sept. 15, is part of the rapid restructuring of the U.S. financial system amid the global credit..
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SAVANNAH, Ga. (AP) -- Nearly six months after a dust explosion killed 13 workers at a sugar refinery, federal workplace safety regulators have completed their investigation into the blast and are poised to issue their findings.
Ed Foulke Jr., head of the..
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LITTLE ROCK (AP) -- State regulators on Friday said Entergy Arkansas Inc. can raise its customers' average monthly bills by 73 cents so the utility can buy a $210 million power plant in Louisiana.
The Arkansas Public Service Commission approved the Enter..
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WICHITA, Kan. (AP) -- Kansas regulators on Wednesday lifted an embargo on wheat from 20 fields and three grain elevators in seven south-central Kansas counties after test results showed no detectible traces of a toxic fungicide applied too close to harves..
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WASHINGTON (AP) -- Federal commodity regulators are investigating whether the farmer-owned dairy cooperative that controls about a third of the nation's milk supply engaged in a price manipulation scheme, a spokeswoman for the group said Monday.
Monica C..
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WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke said Thursday that regulators must move ahead on ways to prevent a future financial crisis from occurring even as they battle one that threatens to plunge the country into recession.
"We do not hav..
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WASHINGTON (Reuters) - Bear Stearns could not be allowed to collapse because it could have shattered confidence in financial markets and caused lasting damage to the economy, top regulators said on Thursday in defending the rescue of what was once the fi..
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AUGUSTA, Maine (AP) -- After a long day of deliberations, Maine utility regulators Thursday night approved a negotiated agreement allowing FairPoint Communications' $2.7 billion buyout of Verizon's land lines in the three northern New England states.
The..
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WASHINGTON (AP) -- On the same day they cleared Google Inc.'s purchase of online advertiser DoubleClick, federal regulators said industry needs to be more transparent about how consumers' Web-surfing habits are tracked.
The Federal Trade Commission on Th..
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WASHINGTON (AP) -- U.S. antitrust regulators approved Google Inc.'s $3.1 billion purchase of DoubleClick Inc. Thursday, removing a key obstacle to a formidable combination in the burgeoning online advertising sector.
The transaction still faces substanti..
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WASHINGTON (AP) -- A San Francisco-based private equity firm will pay $1.1 million to settle charges that it failed to properly notify regulators when it acquired large stakes in several companies, a government agency said Wednesday.
ValueAct Capital Par..
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