WASHINGTON, Nov 20 (Reuters) - The top U.S. consumer financial watchdog, which the White House refuses to fund, is seeking to move all remaining enforcement cases and litigation to the Department of Justice in light of the agency's dwindling financial resources, according to four people with knowledge of the matter. The Consumer Financial Protection Bureau, which said last week it...

WILMINGTON, Delaware (Reuters) -Investment firms holding millions of shares of footwear giant Skechers are suing for a better deal than the $63 per share price paid by 3G Capital to take over the company in a $9.4 billion deal, according to court records. Hedge funds including affiliates of AQR Capital Management have filed suits against the company in Delaware's Court...

WASHINGTON, Nov 20 (Reuters) - The Federal Aviation Administration said on Thursday it wants to adopt a new comprehensive system to overhaul how air traffic controllers receive flight data and move aircraft between facilities. Congress in July approved a $12.5 billion plan to overhaul the nation's aging air traffic control system, and boost controller hiring following decades of complaints over...

(Reuters) -The U.S. Justice Department has charged four people in a scheme to illegally export Nvidia AI chips to China, prompting a key House Republican to call for urgent passage of a chip-tracking bill on Thursday. China recognizes the superiority of American AI innovation and will do whatever it must to catch up, said John Moolenaar, the chair of the...