Updated December 10 at 12:29am
Regulation
53 results total, viewing 21 - 30
The Environmental Protection Agency announced Wednesday that nearly $2.6 million, ranging from $200,000 to $500,000, will be awarded to New England communities for cleanup and redevelopment efforts at brownfields sites. more
Federal Reserve Governor Daniel Tarullo said inflation and unemployment haven’t reached levels that would justify an increase in interest rates, even without risks from Britain’s vote to leave the European Union. more
(Updated 3:17 p.m.) CVS Pharmacy Inc. will pay $3.5 million to settle allegations that 50 of its Massachusetts stores violated the Controlled Substances Act by filling forged prescriptions for addictive painkillers and other controlled substances more than 500 times between 2011 and 2014. more
Cherenzia Excavation Inc., of Westerly, will pay a penalty of $84,070 for alleged violations of the Clean Air Act and has taken steps to minimize emissions of hazardous air pollutants and visually test for dust under an agreement signed recently with the U.S. Environmental Protection Agency. more
(Updated, 5:35 p.m. and 6 p.m.) Morgan Stanley was alone among the largest U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional approval to make payouts to shareholders. Thirty other firms passed, while two subsidiaries failed, including Santander Bank. more
(Updated 11:19 a.m.) Volkswagen AG has agreed to spend nearly $15 billion to get 480,000 emissions-cheating diesel vehicles off U.S. roads and placate regulators even as it struggles to devise an acceptable fix under an agreement with the U.S. government. more
The Federal Reserve’s stress tests of big banks found all 33 have enough capital to withstand a severe economic shock, though Morgan Stanley trailed the rest of Wall Street in a key measure of leverage. more
Bank of America Corp. admitted to wrongdoing in settling a U.S. regulator’s allegations that it misused billions of dollars in customer funds to finance trades that benefited the firm. more
Despite lagging growth, a new law awaiting gubernatorial approval would extend the state’s renewable energy target to 38.5 percent by 2035. more
(Updated 2:48 p.m.) U.S. Reps. David N. Cicilline and James R. Langevin joined a sit-in demonstration on the floor of the U.S. House of Representatives Wednesday led by U.S. Rep. John Lewis to demand action on gun violence. more
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