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...Even this more limited footprint has drawn scrutiny from China hawks in Washington, who are investigating CATL’s landmark licensing deal with Ford to help the carmaker build a new EV battery plant in Michigan...
...The Consumer Financial Protection Bureau is proposing to cap overdraft fees at as low as $3, potentially saving consumers billions of dollars a year and stepping up US President Joe Biden’s war on so-called...
...“We as an agency are not extending this regime beyond the end of December,” said Shepperd of the approach of the FCA, which faced political backlash for extending a temporary licensing regime for a “small...
...of the Dodd-Frank regulation....
...Consumer sentiment: The University of Michigan’s consumer sentiment index is forecast to report a final reading of 79.6 in February, unchanged from the preliminary reading and above January’s reading of...
...the whole EU (and beyond), without navigating 27 sets of rules on everything from licensing to creditor rights....
...On Monday, US college football will crown a national champion, when the University of Michigan takes on the University of Washington....
...There is also doubt about the future of a licensing agreement between CATL and Ford, under which the US automaker planned to use the Chinese company’s technology at a planned $3.5bn plant in Michigan....
...The Bureau of Land Management said on Friday it had finalised a rule that would raise royalty rates companies must pay the government as well as increase the minimum bond associated with the clean-up of...
...sheriff,” said Jeff Oliver, partner at law firm Baker Botts and a former staff attorney at the Federal Trade Commission’s bureau of competition....
...Dr Richard Piper, chief executive of charity and campaign group Alcohol Change UK, said there had been “years of inaction” by the government and recommended the tougher regulation of marketing, clearer labelling...
...“This supermarket megamerger comes as American consumers have seen the cost of groceries rise steadily over the past few years,” noted Henry Liu, director of the FTC’s bureau of competition....
...Jeremy Kress, an assistant professor of business law at the University of Michigan Ross School, said that it was “nonsense” to say that banks could not afford to lend if they had higher capital requirements...
...In all, banks’ share of private lending in the US economy has fallen from 60 per cent in 1970 to 35 per cent last year, according to a new National Bureau of Economic Research paper....
...The licensing agreement with CATL differed from other deals struck between US carmakers and battery makers, which largely have been joint ventures....
...As RFK Jr fights his way on to state ballots, it will matter most if people are able to vote for him in the six battleground states of Arizona, Georgia, Michigan, Nevada, Pennsylvania and Wisconsin, says...
...Scotland has introduced a licensing system. But there are several aspects of the English rules that should work in the favour of companies such as Airbnb....
...President Joe Biden hailed Friday’s report from the Bureau of Economic Analysis as a “significant milestone” in efforts to return inflation back to its pre-pandemic levels....
...US airlines generated $6.8bn from them in 2022, the latest data available, according to the Bureau of Transportation Statistics. That is more than double from a decade earlier....
...Chopra has repeatedly warned against the rise of Big Tech in payments....
...Prudent regulation is, of course, crucial, but if we want to create more banks focused on serving clients, a less onerous licensing process would help....
...The attorney-general’s lawyers further claimed Knight Insurance sent “100 per cent of its retained insurance risk to affiliates in the Cayman Islands”, where “lax regulations” allowed the company to bolster...
...The origin of the case is almost accidental. CFSA originally challenged the CFPB’s regulation of payday lending....
...But Livio Weng, chief executive of HashKey Exchange, told the Financial Times that its decision to launch an exchange licensed in Bermuda this week was in part owing to fears that the new regulations restricted...
...Meanwhile, President Joe Biden is expected to join the picket line with the United Auto Workers in the state of Michigan today. It’s a historic move for a sitting US president....
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