Arnold & Porter LLP’s Deborah Feinstein was named director of the Federal Trade Commission’s Bureau of Competition by FTC Chairwoman Edith Ramirez, who also named six other senior staff members with consumer protection and antitrust law experience.
Internal Revenue Service employees tried to treat politically oriented groups the same way as other clusters of non-profits seeking tax-exempt status. That didn’t work, an IRS manager told congressional investigators.
Transactions within virtual economies or using virtual currencies may produce taxable income and the U.S. Internal Revenue Service should find low-cost ways to make taxpayers aware of compliance risks, according to a report by the Government Accountability Office.
President Barack Obama and former national security contractor Edward Snowden are mounting public relations campaigns over a classified U.S. surveillance program leaked by Snowden, with Obama promising to declassify details and Snowden seeking vindication of his motives.
Capital One Financial Corp., the bank that agreed to pay $210 million to settle U.S. charges of deceptive marketing of credit-card products, hired the nation’s top immigration official to head compliance operations.
Tom Hayes, the former UBS AG derivatives trader at the center of a global investigation into manipulation of benchmark interest rates, may face criminal charges in the U.K. as soon as this week, two people familiar with the investigation said.
Heineken NV may build a new brewery in Mexico as it wins back market share lost after its 2010 purchase of the nation’s second-largest brewer, said Marc Busain, the company’s top executive in the country.
Edward Snowden, the former National Security Agency contractor who leaked classified documents about government surveillance programs, said he didn’t reveal any U.S. operations “against legitimate military targets.”