Fed eyes new bank pay rules to fight risk

By Alister Bull WASHINGTON (Reuters) – The Federal Reserve plans new rules on bank pay to curb the type of excessive risk-taking that sparked the global financial crisis and triggered international demands for action. Public outrage at the stratospheric

California Proposes Plan to Ban Sale of High-Energy TVs

The first-in-the-nation TV efficiency standards would go into effect in January 2011 and would require televisions sold in California to use 50% less energy by January 2013

Did ACORN get too big for its own good?

WASHINGTON – Activist group ACORN started in 1970 to help the poor in Arkansas and quickly went national, growing into a multimillion-dollar conglomerate with a mission so far-flung that schools now bear its name, two radio stations are affiliates and

Fidelity, Vanguard discuss money fund backstop: report

CHICAGO (Reuters) – Fidelity Investments and Vanguard Group Inc. are among those discussing the creation of a cash reserve to blunt a run on money markets like the one that occurred last September, according to a report by Bloomberg on Saturday.