Federal regulators put CSX rail sale on hold

The Surface Transportation Board, a federal regulatory agency, has stalled the sale of more than 175 miles of CSX rail in Georgia and Alabama to Colorado-based HGS Railway Holdings Inc. HGS filed requests with STB Mar. 29 for approval to purchase 121 .....»»

(Reuters) - The U.S. Interior Department will hold the largest lease sale in American history in the offshore Gulf of Mexico on Wednesday, in a major test of the oil industry’s appetite for federal acreage being offered by the Trump administration......»»

Tronc's proposed $500 million sale of the L.....»»

A trial under way in federal court in Philadelphia is testing the power of U.S. competition regulators to crack down on drug makers’ alleged moves to thwart the sale of low-cost generics......»»

The decision by federal regulators to reject .....»»

Dozens of U.S. trade groups have asked federal rail regulators to investigate CSX Corp's "chronic service failures," saying problems at No. 3 U.S. railroad have rippled across the North American rail network, according to a letter seen by Reuters......»»

Dozens of U.S. trade groups have asked federal rail regulators to investigate CSX Corp's "chronic service failures," saying problems at No. 3 U.S. railroad have rippled across the North American rail network, according to a letter seen by Reuters......»»

Nearly one dozen Republican and Democratic lawmakers are urging federal regulators to reject the takeover of the Chicago Stock Exchange by a coalition that includes several Chinese investors......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

U.S. regulators adopted a measure on Tuesday aimed at barring wireless carriers from using federal subsidies to buy telecommunications gear made by Chinese manufacturers......»»

Wells Fargo's profit jumped 6 percent during the first quarter, but that may be revised following an offer by federal regulators to settle a host of investigations into the consumer banking giant at a cost of $1 billion......»»

The bank disclosed it is in settlement talks with regulators. Wells Fargo's first-quarter results, report.....»»

Wells Fargo is acknowledging that Federal regulators have offered to resolve a host of investigations into the consumer banking giant for $1 billion......»»

Massachusetts gambling regulators plan to hold a public hearing before deciding if casino mogul Steve Wynn should be removed from the license his company received to operate a resort casino under construction near Boston......»»

A federal appeals court revived a lawsuit seeking to hold Barnes & Noble Inc responsible for customer losses from a 2012 data breach, where fraudsters tampered with payment verification machines known as PIN pads at 63 bookstores in nine U.S. states......»»

Federal regulators moved to relax a financial safety standard for big banks......»»

The Federal Reserve is prosing new rules regarding how much capital a bank must hold as a cushion......»»

WASHINGTON (Reuters) - The Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce the amount of capital they must hold as a cushion against a future economic shock......»»

First Citizens Bank, which took over Guaranty Bank after federal regulators shut it down last spring, is planning to lay off at least 100 employees in the Milwaukee area in the coming months, according to a notice filed with the state's Department .....»»

Federal environmental regulators have reached a long-awaited agreement with the owners of a polluted toxic waste site in Texas that was damaged during Hurricane Harvey, releasing dangerous chemicals into a river......»»