Financial industry regulation

September 08, 2020 - 5:17 pm
NEW YORK (AP) — JPMorgan Chase said Tuesday that a number of its employees and customers may have abused the Paycheck Protection Program and other coronavirus stimulus programs. The New York-based bank said it is working with law enforcement in some cases, although in a memo sent to employees it...
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FILE - In this Wednesday, July 24, 2019 file photo, European Commissioner Vice-President Valdis Dombrovskis speaks at EU headquarters in Brussels. The European Union's executive commission on Tuesday, Sept. 8, 2020 proposed European Commission vice-president Valdis Dombrovskis to take over the post of EU trade commissioner following the resignation of Ireland's Phil Hogan. (AP Photo/Virginia Mayo, File)
September 08, 2020 - 5:33 am
BRUSSELS (AP) — The European Union’s executive commission is proposing its experienced Latvian vice president, Valdis Dombrovskis, to take over the post as trade chief of the bloc following the resignation of Ireland's Phil Hogan. Dombrovskis had already been holding the post temporarily since...
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A person walk in front of a building with the logo of the insolvent company Wirecard in Aschheim near Munich, Germany, Tuesday, Sept. 1, 2020. German opposition parties plan to force the launch of a parliamentary inquiry into the downfall of bankrupt payment company Wirecard. (Peter Kneffel/dpa via AP)
September 03, 2020 - 1:21 pm
BERLIN (AP) — German prosecutors said Thursday they have closed an investigation into two journalists with the Financial Times that was launched following reports last year about allegations of irregularities at now-bankrupt payment company Wirecard. Wirecard's shares plunged following the reports...
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September 01, 2020 - 8:17 am
DETROIT (AP) — A day after its 5-for-1 stock split took effect, Tesla is announcing plans to sell up to $5 billion worth of common shares. The electric car and solar panel maker says in a filing with securities regulators that it intends to sell up to 10.03 million shares and use the proceeds for...
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Supports wait to hear Vice President Mike Pence speak on the third day of the Republican National Convention at Fort McHenry National Monument and Historic Shrine in Baltimore, Wednesday, Aug. 26, 2020. (AP Photo/Andrew Harnik)
August 26, 2020 - 10:53 pm
WASHINGTON (AP) — Vice President Mike Pence says people in the path of Hurricane Laura should heed warnings about the strength of the storm and he pledged the Trump administration’s help. He said, “Stay safe and know that we’ll be with you every step of the way.” Pence spoke at Fort McHenry in...
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FILE - In this Friday, March 2, 2018 file photo, televangelist Jim Bakker leaves a funeral service for the Rev. Billy Graham in Charlotte, N.C. When the U.S. government extended pandemic hardship loans to thousands of religious institutions, Bakker and Morningside USA, his ministry in Blue Eye, Mo., were among the most high-profile recipients. (AP Photo/Chuck Burton)
August 24, 2020 - 8:06 am
When the U.S. government extended pandemic hardship loans to thousands of religious institutions, Jim Bakker and Morningside USA, his ministry in Blue Eye, Missouri, were among the most high-profile recipients. On April 28, the pastor received approval for an amount between $650,000 and $1.7...
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President Donald Trump prepares to sign four executive orders during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. Seizing the power of his podium and his pen, Trump on Saturday moved to bypass the nation's elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed.(AP Photo/Susan Walsh)
AP Newsroom
August 10, 2020 - 10:49 pm
RICHMOND, Virginia (AP) — Governors and state labor department officials were scrambling Monday to determine whether they could implement President Donald Trump’s executive order to partially extend unemployment assistance payments to millions of Americans struggling to find work in the pandemic-...
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August 06, 2020 - 9:55 pm
OAKLAND, Calif. (AP) — The maker of the drug Humira will pay $24 million to settle a California lawsuit that alleged it violated an insurance fraud law, the state Department of Insurance announced Thursday. AbbVie Inc. agreed to change the way it markets Humira but continues to deny wrongdoing,...
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FILE - In this May 1, 2020, file photo, campaign workers David Woodruff, left, and Jason White, right, deliver boxes of initiative petitions signatures to the Missouri secretary of state's office in Jefferson City, Mo. President Donald Trump is still trying to overturn “Obamacare,” but his predecessor’s health care law keeps gaining ground in places where it was once unwelcome. Missouri voters this week approved Medicaid expansion by a 53% to 47% margin, making the conservative state the seventh to do so under Trump. (AP Photo/David A. Lieb, File)
August 06, 2020 - 2:42 am
WASHINGTON (AP) — President Donald Trump is still trying to overturn “Obamacare,” but his predecessor's health care law keeps gaining ground in places where it was once unwelcome. Missouri voters this week approved Medicaid expansion by a 53% to 47% margin, making the conservative state the seventh...
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Treasury Secretary Steven Mnuchin arrives for continued negotiations ahead of a meeting, Wednesday, Aug. 5, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
August 05, 2020 - 9:11 pm
WASHINGTON (AP) — After more than a week’s worth of meetings, at least some clarity is emerging in the bipartisan Washington talks on a huge COVID-19 response bill. Negotiators are still stuck, but still trying. A combative meeting Wednesday involving top Capitol Hill Democrats and the postmaster...
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