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Regulators closed Bank of the Commonwealth, of Norfolk, Va., and Citizens Bank of Northern California, based in Nevada City, bringing the nationwide tally of bank failures to 73 for the year.

The U.S. offshore drilling regulator could issue sanctions as early as next week against BP and the major contractors involved in last year's Gulf oil spill, an agency official said on Thursday.

Groupon is going to wait at least a couple of weeks before launching the final phase of its initial public offering because regulators still have questions for the daily deals website and the stock market is too volatile, a person familiar with the situation said on Tuesday.

The U.S. regulator for Fannie Mae and Freddie Mac accuses the banks of negligence in misrepresenting the risks embedded in the securities sold to the home-finance giants.

Several European countries that banned short-selling have extended the prohibition until the end of September. When concerns about European banks’ exposure to Greek debt sent their stocks plummeting two weeks ago, market regulators in Belgium, France, Greece, Italy and Spain stepped in to prohibit traders from betting on the decline in a share’s price.

Google Inc will pay $500 million to settle government charges that it showed ads for pharmacies that operate illegally, regulators are expected to announce on Wednesday, according to a report in the New York Times.

The Federal Deposit Insurance Corp. must face a $10 billion lawsuit over the toxic remnants of Washington Mutual Bank, a federal judge ruled.

Regulators closed Public Savings Bank of Huntingdon Valley, Pa., on Thursday, boosting to 65 the number of U.S. bank failures this year.

A former Securities and Exchange Commission lawyer has told Congress the regulator has routinely destroyed records of initial investigations ...

Sen. Al Franken (D., Minn.), is urging regulators to reject the pending AT&T’s merger, joining the Senate’s antitrust chair and other lawmakers in what may be a growing legislative backlash against the deal.