Dec 23- A Financial Industry Regulatory Authority arbitration panel ordered Cantor Fitzgerald& Co and BGC Financial LP to jointly pay about $1 million in damages to a former employee for breach of contract. Raymond Walton alleged that Cantor Fitzgerald and BGC Financial failed to pay him agreed-upon amounts. Attorneys for Walton, Cantor Fitzgerald and BGC...» Read More
Rob Katz, Vail Resorts Chairman and CEO, discusses ski lift prices, and opportunities for skiers to save money.
Vail Resorts bought Park City Mountain ski resort for $182 million. CNBC's Jane Wells speaks to Rob Katz, Vail Resorts Chairman and CEO, about the benefit to the community there.
Sept 11- Alcoa Inc has signed a long-term contract to supply planemaker Boeing Co with aluminum sheet and plate that is worth more than $1 billion, the metals company said on Thursday. The new contract is the largest ever between the two companies, said Alcoa, a longtime Boeing supplier.
Sept 11- The Financial Industry Regulatory Authority has narrowed its search for a new head of its arbitration unit to two of its own long-time officials, according to a person familiar with the matter.
Sept 11- Alcoa Inc has signed a long-term contract to supply planemaker Boeing Co with aluminum sheet and plate that is worth more than $1 billion, the metals company said on Thursday. The new contract is the largest ever signed between the two companies, said Alcoa, a longtime Boeing supplier.
LONDON, Sept 9- The British subsidiary of French train and turbine maker Alstom paid around $8.5 million in bribes over a six-year period to win transport contracts in India, Poland and Tunisia, Britain's leading fraud prosecutor alleged on Tuesday.
SAN FRANCISCO, Sept 3- Four technology companies, including Apple and Google, have resumed mediation talks with tech workers in a high-profile lawsuit over hiring practices in Silicon Valley, according to a court filing. Plaintiffs accused Apple, Google, Intel and Adobe of conspiring to avoid poaching each other's employees.
CNBC's Jane Wells reports Talisker and PCMR are refusing access to each other's half of the mountain in Park City, which could threaten the ski season there.
CNBC's Jane Wells looks at how a dispute over a lapsed lease has jeopardized ski season at one of Park City's most popular resorts.
-Charles Schwab Corp. has lost a $15 million arbitration case against Morgan Stanley, which it accused of improperly recruiting brokers from a Schwab San Francisco branch who left with confidential information. Schwab accused Morgan Stanley of maliciously organizing an "actionable raid" of the branch.
The LA Times is reporting the Los Angeles schools superintendent John Deasy has been suspended for future use of a contract with Apple that was going to provide iPads for students there. CNBC's Josh Lipton has the details.
*Novartis move adds to Big Pharma retreat from antibiotics R&D. ZURICH, Aug 20- Novartis has signed a licensing deal to hand over its experimental tuberculosis drugs to the Global Alliance for TB Drug Development, joining a growing Big Pharma retreat from antibiotics.
Aug 15- A unit of Morgan Stanley must pay $4.5 million to Citigroup Inc's Banamex unit which alleged the firm had allowed funds in a family's trust account to be used to repay third-party loans without its authorization, according to a ruling on Friday. "We are disappointed in the arbitration panel's award," a Morgan Stanley spokeswoman said in a statement.
Aug 15- Gilead Sciences Inc said an arbitration panel has ruled in its favor, rejecting patent infringement claims from Roche Holding AG, related to Gilead's hepatitis C drug, Sovaldi.
WASHINGTON, Aug 13- Banks need to urgently change a provision in derivatives contracts that prevents them from smoothly winding down their business if they start failing during a crisis, a top U.S. regulator told Reuters on Wednesday.
MEXICO CITY, Aug 13- Mexico will assign oil and gas exploration and production contracts to foreign and private companies between next May and September under a major sector overhaul, prioritizing areas that boost output quickly and leaving trickier deep water for later, the country's energy regulator said on Wednesday.
*Sanofi, MannKind aim to launch Afrezza in U.S. in Q1 2015. PARIS/ LONDON, Aug 11- French drugmaker Sanofi is betting on inhaled insulin as an alternative option to daily injections for diabetics by signing a worldwide licensing agreement with MannKind Corp worth up to $925 million.
ISTANBUL, Aug 7- The future of Turkey's Bank Asya looked dim on Thursday after the authorities canceled its tax collection and social security payment deals- a sign according to observers the government may be a step closer to winding down the controversial lender.
NEW YORK, Aug 1- A Saudi investor who accused Citigroup Inc of "virtually wiping out" his family's fortune cannot pursue a $383 million arbitration case filed against the bank, a U.S. appeals court ruled.
WASHINGTON, July 29- Corporations that move their tax domiciles abroad would be denied federal contracts under legislation offered on Tuesday by Democrats in the U.S. Congress, targeting tax-driven deals known as inversions.