IBT Staff Reporter

66181-66210 (out of 154953)

States say bank regulator still in their way

The federal regulator of the largest U.S. banks is attempting to maintain too much power to preempt state consumer financial laws and is ignoring the intent of the 2010 financial reform law, state attorneys general complained in a letter released on Tuesday.

Google taps former Microsoft prosecutor amid probe

As Google tries to fend off a U.S. probe of its multibillion-dollar search business, it has been quietly adding to its stable of antitrust advisers, which, Reuters has learned, includes a former Microsoft prosecutor.

Hackers stole $2.7 million from Citi

Citigroup, the third-largest U.S. bank by assets, has told government officials that about 3,400 of the customers whose credit-card information was hacked have suffered about $2.7 million in losses, the Wall Street Journal reported.

Microsoft rolls out Office in the cloud

Microsoft Corp made its biggest move into the mobile, Internet-accessible world of cloud computing on Tuesday, taking the wraps off a revamped online version of its hugely profitable Office software suite.

Business group backs compromise on trade deals

The U.S. Chamber of Commerce on Tuesday urged Republicans and Democrats to support what it called a reasonable compromise to move long-delayed trade deals with South Korea, Panama and Colombia.

SEC on lookout for bubble-era IPO practices

Some recent red-hot initial public offerings have the Securities and Exchange Commission concerned that Wall Street's underwriters may be tempted to revive some troubling tech bubble practices.

U.S. urges banks to step up online fraud protections

Bank regulators warned banks to be on guard against increasingly clever computer hacking on Tuesday, indicating heightened alert against security breaches that have plagued government and corporate institutions in recent weeks.

France's Lagarde elected new IMF chief

French Finance Minister Christine Lagarde on Tuesday was elected the managing director of the International Monetary Fund, maintaining Europe's grasp on the top job at global lender.

Pages