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| washingtonpost.com - Business Policy
The U.S. Justice Department issued new guidelines yesterday to rein in prosecutors pursuing corporate fraud cases, bowing to pressure from Congress.
The arrests this week of nearly 600 immigrant workers at a manufacturing plant in Laurel, Miss., are fueling a national debate over a federal system to check new hires' work documents, a program whose expansion the Bush administration has made a cornerstone of its fight against illegal immigration.
In the early 1990s, all three major American automakers started building clean and efficient natural gas vehicles. But when a new federal law failed to create an expected guaranteed market, the momentum died. Today, only Honda sells a model in the United States -- and in minuscule numbers.
Every day seems to bring more bad news about newspaper colleagues around the country losing their jobs. The auto industry is shedding workers faster than gas-guzzling SUVs. The Bureau of Labor Statistics says layoffs "were the highest for the month of June since 2003."
After decades of partial solutions to fire threats in nursing homes, regulators are finally requiring sprinkler systems for the 2,466 facilities that still don't have them fully installed.
LONDON -- Since the Sept. 11, 2001, attacks, al-Qaeda has increasingly turned to local cells that run extremely low-cost operations and generate cash through criminal scams, bypassing the global financial dragnet set up by the United States and Europe.
An appeals court yesterday upheld the Sarbanes-Oxley Act of 2002, dismissing arguments that the government's attempt to protect investors from repeats of the scandals at Enron and WorldCom gave federal overseers unchecked power.
A top concern of Treasury Secretary Henry M. Paulson Jr. as he ponders whether to pull the trigger on a rescue plan for mortgage financiers Fannie Mae and Freddie Mac is the fate of its "preferred" shareholders, which include regional and community banks across the nation and central banks around...
A federal appeals court today upheld the Sarbanes-Oxley Act of 2002, the government's most sweeping attempt to protect investors since Franklin D. Roosevelt's New Deal.
Shares of Fannie Mae and Freddie Mac tumbled more than 20 percent yesterday, hitting their lowest levels in nearly two decades, as investors fled out of fear that a government initiative to save the ailing mortgage giants could render their stock worthless.
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