Category: Regulation and Deregulation of Industry

States Dig Into Homeowners Insurance and Why It’s Hard to Buy

State regulators asked more than 400 companies for data on their homeowners insurance businesses. The inquiry comes at a moment when severe weather is increasing risk.
Trade Groups Sue to Block Credit Card Late Fee Limit

Banking groups and Texas business associations asked a federal court to abolish a new federal rule that would cap most late fees at $8.
Top US Senators Urge Stores to Stop Sellng Illicit Vapes

Lawmakers want shopkeepers to remove e-cigarettes that were not authorized by the F.D.A. Retailers say it is not that simple.
Fed Chair Powell Signals a Retreat on Banking Rules

The Fed chair said regulators could scale back or rework a sweeping capital-requirements proposal that Wall Street has been fighting for months.
New York Community Bank Raises $1 Billion in Emergency Cash

Investors include Steven Mnuchin, who joined the board of the struggling midsize lender.
Bank Runs Spooked Regulators. Now a Clampdown Is Coming.

Federal Reserve officials and other bank regulators could roll out a new proposal this spring to ward off a repeat of 2023’s banking turmoil.
FAA Audit Finds Quality-Control Lapses at Boeing and Spirit AeroSystems

The regulator said the audit found instances in which Boeing and one of its key suppliers did not properly adhere to quality-control requirements.
Google Settles Smaller Lawsuits as It Prepares for More Antitrust Fights

The tech giant has recently spent more than $1 billion to resolve several legal claims as more battles with the Justice Department loom.
JetBlue and Spirit Call Off Their Merger

JetBlue said it would pay Spirit $69 million to terminate the $3.8 billion deal, which had been blocked by federal antitrust regulators.
Apple Fined $2 Billion by E.U. for Using App Store to Thwart Competition

Apple is expected to appeal the penalty, the latest in a series of regulatory setbacks for the tech giant.
How Regulations Fractured Apple’s App Store

As the App Store approaches its 16th anniversary, patchwork rules have turned what was a single store into different shops across many countries.
Forced to Change: Tech Giants Bow to Global Onslaught of Rules

For years, Apple, Google, Meta and others operated unfettered. But new laws and regulations have finally compelled them to make major shifts to their products and businesses.