The U.S. Food and Drug Administration had denied approval for tivozanib's use in renal cell carcinoma in June, citing inconsistent patient survival data. Colorectal cancer, also known as colon cancer, rectal cancer or bowel cancer, is the second leading cause of cancer death in men and women combined in the United States, according to the American Cancer Society.» Read More
The top securities regulator in Massachusetts said he has filed civil charges against Merrill Lynch, accusing the brokerage of selling unsuitable subprime mortgage-related securities to the city of Springfield.
U.S. regulators on Friday said Pfizer's anti-smoking drug Chantix appears increasingly likely to be linked to serious psychiatric behavior, and called for stronger label warnings.
The Justice Department on Friday said it is "interested" in reviewing antitrust issues associated with Microsoft nearly $45 billion unsolicited bid for Yahoo.
Merger or no merger, Sirius will be the clear winner of the satellite radio wars, Cramer says. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
President Bush urged Congress on Friday to quickly pass an economic stimulus package void of extraneous spending, saying only quick action will kickstart the sputtering economy. "I strongly believe it would be a mistake to delay or derail this bill," Bush said.
China's recently introduced price controls are aimed at stabilizing inflationary expectations and will not distort the market economy, planning officials said on Thursday.
The former chief executive of Brocade Communications Systems was sentenced to 21 months in prison for orchestrating a scheme to tamper with the company's records of stock option grants.
The Supreme Court upheld a ruling that investors cannot sue third parties such as banks and accounts in cases of securities fraud.
Beijing has given the final green light to the long-awaited restructuring of China's telecommunications sector that will include a series of mergers to create three industry giants capable of providing a full range of services, the South China Morning Post reported on Friday.
The office of New York Attorney General Andrew Cuomo on Thursday said it launched a formal investigation into Intel to determine whether the world's biggest chipmaker violated state and U.S. antitrust laws to squeeze out its rival, Applied Micro Devices.
French media stocks jumped following a speech from French President Nicolas Sarkozy Tuesday in which he proposed banning advertising on public television channels. The loss of income would be replaced by a levy on the advertising revenue of private television channels, according to the plans.
U.S. electronics firm Apple will soon announce steps to resolve European Commission charges that its iTunes stores broke EU rules by setting prices country by country in Europe, people familiar with the situation said on Tuesday.
Attorneys for the brothers of hedge fund manager Seth Tobias say his wife killed him because "Seth was worth substantially more to (her) dead than he was alive, and she knew that."
The U.S. Attorney's Office in Brooklyn has broadened its investigation into the collapse of two hedge funds that Bear Stearns managed, CNBC has learned.
Britain this year will give regulators greater power to intervene early when financial institutions run into trouble to avoid a repeat of the Northern Rock crisis, finance minister Alistair Darling said.
California sued the U.S. Environmental Protection Agency on Wednesday for denying its first-in-the-nation greenhouse gas limits on cars, trucks and SUVs, challenging the Bush administration's conclusion that states have no business setting emission standards.
The Federal Trade Commission will not block Google's $3.1 billion dollar deal to acquire Internet advertising company DoubleClick.
British pay-TV firm BSkyB looks set to have suffered a costly blow after a regulator said it should sell more than half of its 17.9 percent stake in ITV because it is hampering competition.
Temasek Holdings filed an appeal against an order to divest its stake in one of Indonesia's two largest mobile phone operators, the Straits Times reported on Wednesday.
China's state firms must carefully manage their books or face a risk of bankruptcy as the government ratchets up its economic tightening, the head of the country's state asset watchdog said on Tuesday.