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April 8, 2013, 12:43 pm
By
Ben Goad
A key industry group is urging the Environmental Protection Agency (EPA) to ratchet back this year’s volume requirements for biofuel production, arguing the proposed standards are unrealistic.
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Archived under:
E2-Wire, Other, Energy/Environment
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April 8, 2013, 12:27 pm
By
Julian Hattem
The country's largest surgical hair-restoration firm has settled with the federal government over charges that it illegally exchanged corporate information with a competitor.
In the settlement released on Monday, Bosley Inc. resolved charges with the Federal Trade Commission (FTC) that the company shared "competitively sensitive, nonpublic information about its business operations" with Hair Club, another hair-restoration company.
Bosley is a subsidiary of the Japanese company Aderans Co. Ltd, which last July announced its intention to acquire Hair Club for $163.5 million. The FTC alleged that the chief executives of the two companies discussed products, prices, discounts and operations for years before the acquisition was announced.
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Archived under:
Healthcare
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April 8, 2013, 10:10 am
By
Julian Hattem
A series of agencies will announce public and private meetings on Tuesday. Here's what's coming up:
The Federal Deposit Insurance Corp.'s board of directors will meet on April 11 to discuss projected losses and income for the Deposit Insurance Fund.
The Securities and Exchange Commission is meeting in a closed session on April 11 to talk about administrative and enforcement matters.
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Archived under:
Administration
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April 8, 2013, 9:57 am
By
Julian Hattem
A handful of new regulations will be published in Tuesday's Federal Register. Here are the most noteworthy ones:
Financial: The Commodity Futures Trading Commission is changing a date of compliance and revising some language for previous rules on swap transactions.
The Federal Reserve Board of Governors is adopting a rule to allow banks to deal in foreign currency during over-the-counter transactions with some customers.
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Archived under:
Pending Regs
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April 8, 2013, 7:47 am
By
Ben Goad
Home prices soared by 10 percent in the last year, thanks to the Federal Reserve’s easy money campaign. But volatility may lie ahead, according to The Wall Street Journal.
Buoyed by steps meant to soften the sequester’s blow, the Pentagon announced 71 percent more contracts in March, The Washington Post reports.
At the same time, the Defense Department is struggling with the high costs of health care, according to The Associated Press.
Federal regulators are set to directly enforce Affordable Care Act rules in half a dozen states, including Wyoming, that don’t have the means to do it themselves, The Casper Star-Tribune reports.
Opinion: Former Securities and Exchange Commission chairman Mary Schapiro is joining a firm “stuffed to the gills” with other former regulators now giving advice to the companies they once oversaw, opines William D. Cohan in a Bloomberg op-ed.
Archived under:
Finance
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April 7, 2013, 10:20 pm
By
Julian Hattem
A rule to allow the government to trade excess sugar for biofuel has gone to the White House for final approval, according to a review of records from the Office of Management and Budget.
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Archived under:
Pending Regs
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April 5, 2013, 2:36 pm
By
Julian Hattem
The global meat processing company Tyson Foods Inc. has agreed to pay almost $4 million in fines as part of a settlement with the government over charges it accidentally released a poisonous gas at several of its facilities. The government is linking the violation of the Clean Air Act by Tyson, the world's largest beef; chicken and pork processor and marketer, to one death and several injuries in incidents across four states. Tyson has agreed to pay a fine and conduct a review of its safety system. The releases occurred at Tyson or affiliate facilities in Kansas; Missouri; Iowa and Nebraska, the government said.
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Archived under:
Court Battles
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April 5, 2013, 12:52 pm
By
Megan Wilson
Rep. Kenny Marchant (R-Texas) says the new ObamaCare insurance brokers known as “navigators” are likely to cost more than they’re worth because of "inflated" salaries. Marchant's questions stem from a recently released Department of Health and Human Services (HHS) proposal outlining the specifics of the navigators, a fleet of individuals that will help Americans without employer-provided insurance figure out how to use the new healthcare exchanges set up by the Affordable Care Act. In an April 4 letter to HHS Secretary Kathleen Sebelius, Marchant expressed concerns with the estimated hourly wages for the positions. “In an attempt to reduce health care costs, the greatest possible portion of taxpayer funds should go to treating patients rather than being absorbed by administration and public relations,” wrote Marchant, a member of the House Ways and Means Committee.
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Archived under:
Health reform implementation, Healthcare
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April 5, 2013, 12:10 pm
By
Carlo Muñoz
U.S. intelligence officers seeking top-secret or higher clearance will no longer be blackballed for seeing psychiatric help or counseling to cope with a sexual assault.
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Archived under:
Policy & Strategy, Administration
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April 5, 2013, 11:17 am
By
Julian Hattem
Three ex-wives and top aides of war criminal Charles Taylor are being taken off the Treasury Department's sanctions list.
The individuals, 12 in all, were previously prohibited from accessing assets in the United States due to their association with the warlord and former president of Liberia.
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Archived under:
Africa, Other
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