Federal Government: Page 5

Business News

Lending Club Under Probe by U.S. Justice Dept, Receives Subpoena

Monday's filing indicated that Lending Club had repurchased an additional $3.8 million in loans during the first quarter that did not meet investor criteria.

Business News

Device Makers, Telecoms Face Competing Government Demands on Privacy

On Monday, the Federal Trade Commission and the Federal Communications Commission announced a joint effort to assure that businesses are safeguarding their customers' data.

Business News

Congress Passes Legislation to Protect Firms' Trade Secrets

The 'Defend Trade Secrets Act' protections include manufacturing processes and computer methods.

Business News

Google, Ford, Uber Join Coalition to Advance Self-Driving Cars

Lyft and Volvo are also involved.

Business News

FBI Paid More Than $1 Million to Break Into San Bernardino iPhone

Director James Comey said the agency paid more to get into the iPhone of one of the San Bernardino shooters than he will make in the remaining seven years at his his job.

Business News

Half of Small-Business Owners Think Government Should Help More

An annual survey of sentiment among the owner of small businesses finds only one in four thinks the government is doing enough for business.

Business News

Microsoft Sues U.S. Government Over Data Requests

The lawsuit argues that the government is violating the U.S. Constitution by preventing Microsoft from notifying thousands of customers about government requests for their emails and other documents.

News and Trends

PM Modi Launches National Agriculture e-Market in India

National Agriculture Market is an online platform for integrating 'mandis' across the country

Business News

U.S. Regulators Aim to Ban Founder of Blood-Testing Firm Theranos

Government says the company failed to fix deficiencies at its California laboratory.

News and Trends

Have You Heard About The Mega Banking App UPI Yet?

The only app you need on your smartphone for monetary transactions

Business News

U.S. May Force Shell Company Owners Out of the Dark Amid 'Panama Papers' Fury

A Treasury Department spokesman said on Wednesday the rule would 'soon' be turned over to the White House for review and issuance.

Business News

Pfizer, Allergan Scrap $160 Billion Deal After U.S. Tax Rule Change

The merger would have allowed New York-based Pfizer to cut its tax bill by an estimated $1 billion annually by domiciling in Ireland, where tax rates are lower.

Data & Recovery

Ready, Set, Hack: Pentagon Invites Hackers to Break Into its Computer Systems

The public bug bounty program is the government's first.

Business News

FBI May Keep Secret Method of Unlocking Apple iPhone All to Itself

Under the U.S. vulnerabilities equities process, the government is supposed to err in favor of disclosing security issues so companies can devise fixes to protect data.

Business News

White House: Privacy Won't Disappear Just Because Government Unlocked iPhone

'The reason they should be confident in that privacy is because there are laws on the books that are assiduously followed.'