Federal mine safety officials have won a settlement with Massey Energy that requires the firm to immediately take safety measures at one of its mines in Kentucky that federal officials say is very dangerous. The U.S. Department of Labor’s Mine …
BP and its partners made a series of cost-cutting decisions that ultimately contributed to the oil spill that ravaged the Gulf of Mexico coast over the summer, the White House oil spill commission said Wednesday. In its final report on …
Republicans in the U.S. House of Representatives plan to pass a bill next week to repeal President Barack Obama’s overhaul of the U.S. healthcare system, a senior party aide said Monday, but the effort is widely expected to fail in …
The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance program. The National Association of Mutual Insurance Companies (NAMIC) has offered a set of reform proposals designed to improve the …
The Federal Emergency Management Agency (FEMA) is seeking a top-to-bottom review of the efforts to reform the nation’s flood insurance program. The National Association of Mutual Insurance Companies (NAMIC) has offered a set of reform proposals designed to improve the …
In choosing Ernst & Young as his target in the aftermath of the Lehman Brothers collapse, New York Attorney General Andrew Cuomo filled what looks destined to be a permanent gap in regulators’ responses to the debacle. It has been …
Perhaps never before has a U.S. Congress done more and been liked less than the one controlled by President Barack Obama’s Democrats that ended Wednesday. It wrapped up its two-year legislative cycle with a crush of action in its final …
U.S. health insurance companies that want to increase premiums by 10 percent or more next year would face tougher government scrutiny under new rules proposed Tuesday. The rules, called for under the sweeping healthcare law passed in March, would require …
The ailing U.S. food safety system moved closer Tuesday toward its biggest overhaul in more than 70 years after the House passed legislation that would increase inspections and give regulators the power to recall tainted foods. The House voted 215-144 …
Jim Millstein is no stranger to troubled companies. With a long career as a bankruptcy lawyer and former head of Lazard Ltd’s restructuring practice, he’s done his share of turnarounds. But nothing prepared him for the firestorm that was American …
