Governance/Regulation & Compliance

Spanish owner Repsol is ousted after dispute over declining oil output.

Legislators submit briefs in case challenging regulations limiting commodities speculation.

States do a poor job of evaluating billions in tax breaks.

Plan ensures founders control of company, cuts shareholders out of the loop.

His term expires Friday, but the chairman could serve through next year.

Financial Stability Oversight Council may designate funds as systemically important.