The Federal Election Commission (FEC) is the independent regulatory agency charged with administering and enforcing the federal campaign finance law. The FEC has jurisdiction over the financing of campaigns for the U.S. House, the U.S. Senate, the Presidency and the Vice Presidency.
Avianca Merges With TACA. Colombian Avianca and Central-American, El Salvador based TACA have finalized their merger agreement to unite as one Latin-American airline company, keeping the two brands. The merger has been approved by antitrust and regulatory bodies.
Sale and Current Status. Reynolds merged with Alcoa (Aluminum Company of America) on May 3, 2000, making it part of the largest aluminum company in the United States. The assets of Reynolds were sold by Alcoa in 2008 to New Zealand billionaire Graham Hart and renamed Reynolds Packaging Group.