The U.S. Securities and Exchange Commission on Friday backed off a ruling it made on when companies may ditch shareholder proposals, drawing praise from activists aiming to add their own directors at grocer Whole Foods Market Inc and other companies.
When U.S. authorities announced the arrest of Silk Road creator Ross Ulbricht in October 2013, they made a startling claim: the online black market had seen an estimated $1.2 billion in illicit sales since its inception.
U.S. congressional Republicans on Friday proposed legislation that would set "net neutrality" rules for broadband providers, aiming to head off tougher regulations backed by the Obama administration.
U.S. safety regulators said on Friday they have opened an investigation into an estimated 50,415 newer Jeep Cherokee SUVs, a key model for the profitability of Fiat Chrysler Automobiles, after receiving complaints of engine compartment fires.
