March 7- U.S. medical devices maker Biomet Inc filed with U.S. regulators on Friday to raise up to $100 million in an initial public offering of its common shares as its private equity owners look to cash out. The company, which was taken private for $11.4 billion in 2007, said BofA Merrill Lynch, Goldman Sachs and J.P. Morgan were the lead underwriters to the offering.» Read More
Children's Place Retail Stores said Friday it secured a licensing agreement with Walt Disney that had been in jeopardy.
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.
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 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.
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.
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.