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  • Class Action Attorney Melvyn Weiss to be Indicted Thursday, 20 Sep 2007 | 9:29 AM ET

    Prosecutors reached a plea deal earlier this week with Weiss's former partner, William Lerach, who along with Weiss helped shape the class-action legal industry and its pursuit of corporations for alleged wrongdoing.

  • South Korea to Ease Rules on Asset Managers, Funds Wednesday, 12 Sep 2007 | 11:36 PM ET

    South Korea will loosen regulations on foreign asset management firms and domestic private equity funds as early as this year, the finance ministry said on Thursday.

  • Amgen, J&J Win Key Vote on Curbing Anemia Drugs Tuesday, 11 Sep 2007 | 5:01 PM ET
    The sign outside Amgen Inc.'s entrance. Thousand Oaks, Calif.

    A panel of advisers to U.S. health regulators voted on Tuesday to reject new restrictions on anemia drugs, a win for drugmakers Amgen and Johnson & Johnson .

  • Battle Lines Forming Over Sallie Mae Buyout Tuesday, 11 Sep 2007 | 4:17 PM ET

    An all out battle will soon be joined by Sallie Mae and its bankers on one side and the private equity firm of J.C. Flowers and its banks and co-investors J.P. Morgan and BankAmerica.

  • Medicare Urged to Reimburse More for Anemia Drugs Tuesday, 11 Sep 2007 | 12:36 PM ET

    Is the Senate coming to the rescue of patients, investors or both? That's the question being raised after the passage of a non-binding resolution telling Medicare to "immediately reconsider" its new policy to cut anemia drug use and reimbursement. Analysts are stunned by the move.

  • More States Join Ohio Rating Agency Probe Monday, 10 Sep 2007 | 6:29 AM ET

    Half a dozen states are working together to investigate rating agencies, banks and other players that benefited from the onetime boom in subprime mortgages that has since turned into a meltdown, Ohio Attorney General Marc Dann told Reuters.

  • Greece's Public Power Corp. SA has been given general approval to replace its stock of aging power generation facilities, the government said Saturday.

  • SEC Subpoenas Greenberg In AIG Accounting Probe Thursday, 6 Sep 2007 | 3:39 PM ET
    Maurice "Hank" Greenberg

    CNBC has learned that Maurice "Hank" Greenberg has received a subpoena from the SEC and will be giving his first deposition as part of the SEC’s continuing investigation into what role, if any, he played in alleged accounting improprieties at American International Group.

  • Merck Wins Reversal of Vioxx Class-Action Status Thursday, 6 Sep 2007 | 12:27 PM ET

    Merck said Thursday the New Jersey Supreme Court has reversed a lower court ruling that had granted nationwide class-action status to insurers seeking reimbursement for past spending on Vioxx, the drugmaker's withdrawn arthritis treatment.

  • Saks Settles SEC Charges of Misstated Results Wednesday, 5 Sep 2007 | 1:17 PM ET

    The Securities and Exchange Commission said Wednesday that Saks Inc. has agreed to settle a lawsuit that Saks Fifth Avenue understated sales to some vendors and didn't record markdowns properly, inflating its earnings.

  • Intel Corp. plans to respond quickly to a U.S. Federal Trade Commission request for more information on a plan to merge its flash memory chip business with that of Switzerland's STMicroelectronics NV.

  • Housing Regulators Face Congressional Panel Wednesday, 5 Sep 2007 | 6:11 AM ET

    The worst housing slump in 16 years and upheaval in financial markets have cast a shadow on the economy, leading lawmakers to question federal regulators about the path ahead for anxious consumers.

  • Biovail Shares Up; Tramadol Gets Canadian OK Tuesday, 4 Sep 2007 | 2:55 PM ET

    Biovail said Tuesday it received Canadian approval for its once-daily, extended-release formulation of its tramadol pain treatment, giving the stock a much-needed dose of positive news.

  • Regulators to Probe OMX over Bid Defense Tuesday, 4 Sep 2007 | 10:24 AM ET

    Sweden's Financial Supervisory Authority (FI) said it would investigate to see if OMX used inappropriate defense measures after Borse Dubai launched an unsolicited bid for the exchange owner.

  • Regulators Probe Mattel Safety Disclosures: WSJ Tuesday, 4 Sep 2007 | 6:59 AM ET
    Mattel

    The U.S. Consumer Product Safety  Commission is investigating the timeliness of toy company  Mattel's disclosures before its most recent recall,  the Wall Street Journal reported in its online edition on Tuesday.

  • Children's Place Delays SEC Filing, Inks Disney Deal Friday, 31 Aug 2007 | 10:54 AM ET

    Children's Place Retail Stores said Friday it secured a licensing agreement with Walt Disney that had been in jeopardy.

  • Merck's AIDS Drug Gets FDA Staff Support Friday, 31 Aug 2007 | 9:45 AM ET

    Benefits of an experimental AIDS drug developed by Merck & Co appear to outweigh risks, according to U.S. Food and Drug Administration staff documents released Friday ahead of an advisory panel meeting.

  • Fired Wal-Mart Exec's Lawsuit Dismissed Thursday, 23 Aug 2007 | 4:39 AM ET

    A state judge in Michigan has sided with Wal-Mart Stores and dismissed a lawsuit by former marketing executive Julie Roehm over her firing, saying the case should be filed in Arkansas.

  • China Relaxes Capital Controls in Boost for Hong Kong Monday, 20 Aug 2007 | 10:53 PM ET

    China further loosened its capital controls to encourage money to flow out of the country and so tackle the economic problems generated by its record trade surplus. Residents will be permitted for the first time to invest directly in Hong Kong-listed securities under a pilot program to be launched in the northern port city of Tianjin.

  • Feds Appeal Whole Foods-Wild Oats Merger Ruling Friday, 17 Aug 2007 | 1:45 PM ET

    The Federal Trade Commission has also asked the U.S. District Court for the District of Columbia to delay the closing of the deal pending the outcome of the appeal.