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Industry Summits

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Meetings, optimism on patent reform, but no pact Friday, 8 Feb 2008 05:16pm EST

WASHINGTON (Reuters) - High tech companies and drug companies agree that U.S. patent reform will pass soon, but there is considerably less agreement on what it should look like.  Full Article 

Securitization seen needing time, oversight Friday, 8 Feb 2008 06:40pm EST 

WASHINGTON (Reuters) - After a spree with subprime mortgages, the hung-over securitized debt market will need time and a firm hand to sober up, said a range of U.S. banking regulators and lawmakers this week.  Full Article 

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Senate nears vote on product safety overhaul Thursday, 7 Feb 2008 07:22pm EST 

WASHINGTON (Reuters) - The Senate may vote as soon as next week on a bill to reform product safety regulation after months of recalls of shoddy goods, many of them toys made in China, said a key lawmaker and Senate aides on Thursday.  Full Article 

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2nd engine for F-35 would improve quality: Levin Friday, 8 Feb 2008 04:08pm EST

WASHINGTON (Reuters) - The head of the Senate Armed Services Committee said on Friday he would examine a Pentagon decision to again cancel funding for a second F-35 Joint Strike Fighter engine, but said he remained convinced an alternate engine would improve competition and quality in the long run.  Full Article

 
Senator sees credit card action this year Friday, 8 Feb 2008 02:22pm EST

WASHINGTON (Reuters) - Congress is likely to move toward final legislation this year to reform often-criticized marketing and billing practices by credit card companies, a senior U.S. lawmaker said on Friday.  Full Article

 
US lawmaker targets offshore tax evaders Friday, 8 Feb 2008 04:07pm EST

WASHINGTON (Reuters) - Wealthy Americans dodge more than $100 billion a year in taxes by hiding assets in the Cayman Islands and other offshore tax havens, said a senior lawmaker on Friday who is trying to put a stop to it.  Full Article

 
OTS chief not aware of any WaMu deal Thursday, 7 Feb 2008 02:53pm EST

WASHINGTON (Reuters) - A top U.S. banking regulator said on Thursday he is not aware of any pending deals involving Washington Mutual Inc , the largest U.S. savings and loan.  Full Article

 
Countrywide rumors in January wrong: OTS Thursday, 7 Feb 2008 03:34pm EST

WASHINGTON (Reuters) - Wall Street rumors in January that Countrywide Financial Corp might seek bankruptcy protection were wrong, senior U.S. banking regulators said on Thursday.  Full Article

 
Medicare chief stands by anemia move Friday, 8 Feb 2008 04:59pm EST

WASHINGTON (Reuters) - A senior Medicare official said the case for restricting payments for anemia drugs sold by Amgen Inc and Johnson & Johnson has become stronger since the agency made its controversial decision.  Full Article

 
Audit watchdog to home in on "fair value" Thursday, 7 Feb 2008 04:43pm EST

WASHINGTON (Reuters) - Hard to value financial instruments such as mortgage-backed securities will be scrutinized for any auditing failures when the latest crop of annual reports are inspected, the chairman of the Public Company Accounting Oversight Board said on Thursday.  Full Article

 

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What are Summits?

Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits.  Launch Full Video 

 

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Former Sen. Jesse Helms dies 3:35pm EDT 

WASHINGTON (Reuters) - Former Sen. Jesse Helms, a die-hard anti-communist firebrand who championed a wide range of conservative causes in his 30 years in the Senate, died early on Friday, aged 86, a foundation dedicated to his legacy said.  Full Article 

 

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