BANGKOK, Jan 29- Thai factory output fell less than expected in December as exports rose, but it still dropped for a 21st straight month, a further sign that the economy remains wobbly. The Industry Ministry said output in December fell 0.35 percent from a year earlier, the smallest drop since the string of production shrinkages began in April 2013.» Read More
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.
Miami Heat's LeBron James has reportedly opted out of the final two years of his contract with the team, with CNBC's Dominic Chu.
Boeing Co. machinists soundly rejected a new labor contract on Wednesday that would have let them build the company's newest jetliner in Washington.
Few things strike a nerve with fans and the media as player salaries do. Who are this year's highest-paid players in each US team sport? Click ahead to find out.
Zinio's magazine reading app has been around for a dozen years. But a new version, exclusively for Nokia's Lumia Windows Phone 8, makes the most of the phone's capabilities.
The man at the center of a new financial scandal that could involve some NFL and NBA players came out swinging against a complaint from regulators.
Over the past week, risk appetite has soured following a political stalemate in Rome and anxiety over the upcoming U.S. "sequester" spending cuts, but strategists told CNBC that there is a way to trade this panic.
India's industrial output shrank in November after a spurt the previous month, denting hopes of a recovery in economic growth and strengthening the case for an interest rate cut later this month.
Neil Atkinson, director of energy research and analysis at Datamonitor, tells CNBC he is not surprised that the U.S. federal government has banned BP from winning new federal contracts.
The average U.S. home value is $147,300, but a professional athlete's home is anything but average. Read ahead to see 10 of the coolest athlete homes on the market.