Charles Schwab Buys TD Ameritrade in Brokerage Blockbuster

NEW YORK — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement accelerated by massive disruption in the online brokerage industry. Competitive pressure has already forced brokerages to make it free for customers...
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Zuckerberg Appears in Congress as Facebook Faces Scrutiny

WASHINGTON — Facebook CEO Mark Zuckerberg endured hours of prickly questioning from lawmakers Wednesday as he defended the company’s new globally ambitious project to create a digital currency while also dealing with widening scrutiny from U.S. regulators. Wh...
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Chevron Fined $2.7M for Kern County Oil Leaks

BAKERSFIELD  — California regulators have fined Chevron $2.7 million for violations at a facility in Kern County where there have been multiple oil leaks. The Department of Conservation’s Divisio...
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California Promises Fight to Keep Auto Emission Authority

SACRAMENTO — Preparing for a lengthy legal battle with the Trump administration about how much pollution to allow from cars, California regulators on Thursday said they were considering cracking down on other emissions to make up for any impacts on air quality...
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California Regulators Approve $373M PG&E Rate Hike

SAN FRANCISCO — California regulators have approved a $373 million rate hike for Pacific Gas & Electric to pay costs related to a series of wildfires. KTVU-TV says the California Public Utilities Commission Thursday unanimously OK'd an increase that rai...