Basel III regulations must be clarified and refined before implementation, say European Commission President Jean-Claude Juncker and European Council President Donald Tusk. "The intended refinements of the Basel III framework need to be subject to a thorough impact analysis and capital requirements must not be significantly increased in any of the major regions of the world," according to a joint statement.
Leaders are developed when organizations combine purpose, passion, a willingness to act, visibility and recognition, writes Jill Griffin, board director at Luby's/Fuddruckers Restaurants. "People who have found their purpose and passion can't stand on the sidelines while bad things happen in their organization," she writes.
About 1 in 5 children in the US suffers from a mental health condition, and nearly 80% of those children do not receive mental health services. Educators, experts and others discuss ways schools could help close this gap.
Federal Reserve Vice Chairman Stanley Fischer has reinforced remarks that the central bank is closer to raising interest rates, saying the country "is very close to full employment." The job market shows the economy has been strong enough to resist the damping effects of a rising dollar, he says.
The CMS has released 14 proposals to address challenges with the Affordable Care Act's insurance exchanges that have contributed to the enrollment of sicker-than-expected populations. The proposed changes include improving outreach to young adults, adding flexibility for bronze plan offerings, tightening rules for special enrollment periods and accounting for prescription-drug use in assessing patients' health status and risk profiles.
Publishers are no longer receiving data from Facebook's "Graph API" feature due to a technical glitch, and the company has not confirmed when the issue will be fixed. The tool gives information on how users are engaging with content, including the number of shares.
J.Crew will launch a fashion line at Nordstrom on Sept. 12 as part of a push to revive sales by teaming with a department store that shares its standards for customer service and experience, J.Crew CEO Mickey Drexler said. Nordstrom already sells fashions from J.Crew's Madewell brand at 76 stores, and the new line will launch at 16 stores and online.
Xbox Design Lab has shipped its first round of customer-designed controllers. Gamers can purchase an $80 controller and choose a color combination from more than 8 million options and can add an engraved name or message for $10 more.
Erelzi, or etanercept-szzs, Novartis' biosimilar version of Amgen's Enbrel, has been approved by the FDA as a treatment for plaque psoriasis, rheumatoid arthritis and other inflammatory conditions. The decision comes after the drug received a unanimous advisory committee vote in July supporting the approval.
Google will reportedly look to compete with Uber in San Francisco by expanding a ride-sharing service in the city following a trial of the program, which allows commuters using its Waze app to join carpools. The program is said to differ from Uber by servicing those looking for a carpool going in their direction and by offering lower fares.
Houston has about 840 sewer overflows a year and is negotiating with the Environmental Protection Agency over which and how many improvements to make. Repairing and upgrading pipes, maintaining the system and educating the public on clog-avoidance could cost $5 billion.
Oil producers in the Marcellus and Utica shales, including Range Resources, EQT and Cabot Oil & Gas, are increasing output to synchronize with upcoming pipeline projects. Other companies, such as Antero Resources, are waiting for new pipelines to begin operations before boosting production.
This year, Southwest capped 11 years of steady growth, becoming the primary carrier out of Pittsburgh International Airport. The airline added flights to Los Angeles this month, and CEO Gary Kelly said he expects continued growth in the years ahead.
Hotels are finding myriad ways to reduce environmental impact and save money in the process. Charities benefit as well, from donations such as old equipment and proceeds from recycling.