New rules of the
CNNMoney: Federal regulators
are poised to lay down new rules of the road for how Americans access the
Internet. Federal Communications Commission Chairman Tom Wheeler proposed new
regulations Thursday that would allow Internet service providers like Comcast
Corp. and Verizon Communications Inc. to strike deals with individual websites
and services, giving them priority access -- a so-called fast lane -- to
customers. The FCC will vote on the proposal on May 15 before putting it out
for public comment.
blues for Bank of America
Bloomberg: U.S. prosecutors
are seeking more than $13 billion from Bank of America Corp. to resolve federal
and state investigations of the lender's sale of bonds backed by home loans in
the run-up to the 2008 financial crisis, according to people familiar with the
matter. The settlement would come on top of the $9.5 billion the bank agreed
last month to pay to resolve Federal Housing Finance Agency claims.
Volume of deals tops $1
trillion globally this year
Reuters: The value of
worldwide mergers and acquisitions announced so far this year has topped $1
trillion, only the third time deal values have surpassed this mark since
records began in 1980, weekly Thomson Reuters data showed today. Volume was
driven by activity in the health care sector.