The drone, called the RMAX, is a remotely piloted helicopter that weighs 207 pounds, said Steve Markofski, a spokesman for Yamaha Corp. U.S.A., which developed the aircraft. The FAA approved it for the U.S. on Friday. The drone is best suited for precision spraying on California's rolling vineyards and places that are hard to reach from the ground or with larger,...» Read More
The Swedish Financial Supervisory Authority said Thursday it has sent more questions to Borse Dubai regarding its share and option purchase in Nordic stock exchange operator OMX last week.
European Union regulators on Thursday set a Sept. 19 deadline to approve bids from a consortium led by Royal Bank of Scotland for Dutch bank ABN Amro Holding.
French President Nicolas Sarkozy has written a letter to German Chancellor Angela Merkel, saying that authorities must be "very vigilant" over financial market corrections, according to the letter published on Thursday.
California regulators voted on Tuesday to raise taxes on "alcopops," flavored alcoholic beverages some say are packaged to appeal to youth and contribute to underage drinking.
Microsoft on Monday will try to convince U.S. regulators that vacant television airwaves can be used for wireless services without interfering with broadcast signals, The Washington Post reported.
Telecom Corp., New Zealand's dominant phone provider, will allow rival TelstraClear to offer a mobile phone service over its network. The deal comes as the competition regulator proposes tougher rules to force mobile companies to share infrastructure, after an investigation into why New Zealand has only two operators -- Telecom and the local subsidiary of British mobile company Vodafone Group.
China fears alarm over product safety could stoke trade protectionism, a senior official told visiting U.S. officials as a massive toy recall threatened to intensify consumer worry about the "made in China" brand.
Walt Disney on Wednesday became the first major Hollywood studio to ban depictions of smoking, saying there would be no smoking in its family-oriented, Disney-branded films and it would "discourage" it in films distributed by its Touchstone and Miramax labels.
The FBI is investigating allegations that a veteran NBA referee bet on basketball games over the past two seasons, including ones in which he officiated.
In an exclusive live interview on cnbc.com’s home page, The Business Roundtable chairman talks to CNBC's Liz Claman about global competitiveness, immigration, Sarbanes-Oxley and the new Congress.
CNBC, America's Business Channel, and CNBC.com look at the best -- and worst -- states for business in our new exclusive study.
To arrive at America's Top States for Business, we scored all 50 states -- using publicly available data -- on 40 different measures of competitiveness., and then separated those metrics into the ten broad categories.
The bill would set licensing standards for mortgage loan originators and log those lenders in a national registry, the lawmaker said in a statement.
Congress is holding three different hearings Wednesday to weigh increasing regulations and taxes on private equity and hedge funds. So why is James Chanos, founder and president of Kynikos Associates, so calm? He joined "Morning Call" to explain why he doesn't fear "heavy-handed" legislative actions.
Irwin Latner, hedge-fund lawyer and partner at Herrick Feinstein, told CNBC’s “Morning Call” that the risk of over-regulating hedge funds is now greater than the need for more controls. ... But Christian Weller, senior economist at the Center for American Progress, said Congress is simply gathering information to assess the risk posed by hedge funds.
This week, CNBC is counting down America’s Top States for Business. On Monday, CNBC’s Scott Cohn reported from No. 5: North Carolina, a right-to-work state. On “Power Lunch,” Mark Mix, president of the National Right to Work Committee, and Marybeth Maxwell, director of American Rights at Work, joined Cohn and CNBC’s Bill Griffeth to debate whether non-union states are better for business.
A senior scientist at Consumers Union told "Squawk Box" that the U.S. regulators need to step-up inspections of food coming from China, particularly seafood.
Britain's financial watchdog has found poor practice by intermediaries and lenders in the U.K. subprime mortgage market and has launched enforcement action against five firms, it said on Wednesday.
Filmmaker Michael Moore, whose movie "Sicko" opens Friday, told CNBC that he's urging investors to dump shares of health insurers and health maintenance organizations because "people don't need a middleman between the doctor and the patient."
U.S. Treasury Secretary Henry Paulson said it would be unwise and dangerous to single out hedge funds and private equity when revising the tax code.Speaking at the Wall Street Journal's Deals and Dealmakers Conference, which was shown live on CNBC.com, Paulson said proposals in Congress to boost the tax rate on hedge funds and private equity firms to 35% from 15% ignore the economic benefits of partnerships.