Reuters: Regulatory News: PRESS DIGEST - New York Times business news - April 26

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PRESS DIGEST - New York Times business news - April 26 Apr 26th 2012, 06:22 April 26 | Thu Apr 26, 2012 2:22am EDT April 26 (Reuters) - The following were the top stories on the New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy. * An increasing number of the nation's large banks are aggressively pursuing low-income customers with products that can carry high fees and are largely untouched by consumer protections. * The bribery allegations surrounding Wal-Mart cast into relief the transformation of the once-obscure Foreign Corrupt Practices Act, a law enacted in 1977 that was rarely enforced. * Some environmental and consumer groups say that increased use of Dow Chemical's herbicide, 2,4-D, could cause cancer, hormone disruption and other health problems. * The Federal Reserve chairman, Ben Bernanke, on Wednesday dismissed proposals to escalate the Fed's economic stimulus campaign as "reckless," arguing that the costs would be high and the benefits uncertain. * The Equal Employment Opportunity Commission on Wednesday approved an updated policy that makes it harder for employers to use background checks to systematically rule out hiring anyone with a criminal conviction. * Speaking before an inquiry on Wednesday, the News Corporation chief, Rupert Murdoch, sought to deflect suggestions that he wielded influence with British officials to further his corporate interests.

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