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  • Supreme Court Hears Landmark Investor Suit Tuesday, 9 Oct 2007 | 10:25 AM ET

    On Oct. 9, the U.S. Supreme Court will hear a case that some say may open the flood gates to a tidal wave of investor lawsuits. Legal experts joined CNBC to debate both sides of the issue.

  • Bain Capital Agrees to Security Review of 3Com Buyout Thursday, 4 Oct 2007 | 2:28 AM ET

    Bain Capital Partners said it will submit for a national security review its proposed $2.2 billion buyout of networking equipment maker 3Com Corp.

  • Australia Government Mulls Break-Up of Telstra Thursday, 4 Oct 2007 | 12:31 AM ET

    Telstra, Australia's largest telephone company, may be forced to split its network and retail business to break a deadlock over building a high-speed broadband network and to boostcompetition.

  • EU Executive Fines Visa $14.5 Million Wednesday, 3 Oct 2007 | 6:28 AM ET

    The European Commission fined Visa 10.2 million euros ($14.45 million) on Wednesday for refusing to let Morgan Stanley join its payment card system in Britain.

  • NY Mayor Bloomberg Target of Identity Theft: DA Tuesday, 2 Oct 2007 | 6:27 PM ET

    New York City Mayor Michael Bloomberg was the victim of identity theft, according to the New York County District Attorney's office.

  • Texas Oilman Pleads Guilty in Oil-for-Food Scandal Monday, 1 Oct 2007 | 11:24 AM ET
    Oscar Wyatt

    Texas oilman Oscar Wyatt pleaded guilty Monday to conspiracy to commit wire fraud, one of five counts against him for his role in the U.N. oil-for-food scandal.

  • High Court Rejects Tobacco Industry Appeal Monday, 1 Oct 2007 | 10:39 AM ET

    The Supreme Court Monday rejected a tobacco industry appeal on two issues in a Florida class-action case that has already resulted in a $145 billion punitive award against the cigarette makers being overturned.

  • Bloomberg Sued in Sex Discrimination Case Friday, 28 Sep 2007 | 8:28 AM ET

    The U.S. Equal Employment Opportunity Commission sued Bloomberg LP on Thursday, alleging the news service had discriminated against pregnant employees by cutting their pay and demoting them.

  • Morgan Stanley to Settle Charges Over Pre-9/11 E-mail Thursday, 27 Sep 2007 | 1:26 PM ET

    Morgan Stanley will pay $9.5 million into a fund for several thousand arbitration claimants, and was fined $3 million by the Financial Industry Regulatory Authority, the brokerage industry regulator said on Thursday.

  • Shareholder Sues Moody's Over Subprime Ratings Wednesday, 26 Sep 2007 | 5:24 PM ET

    A union filed a shareholder lawsuit against Moody's on Wednesday claiming the rating agency did not tell investors it "assigned excessively high ratings" to bonds backed by subprime mortgages.

  • Children's Place Fires CEO; Shares Jump Wednesday, 26 Sep 2007 | 11:18 AM ET

    Children's Place Retail Stores Wednesday fired Chief Executive Ezra Dabah and named board member Chuck Crovitz as interim CEO, sending its shares up as much as 9 percent.

  • Delta, United Win New China Routes; Shares Jump Tuesday, 25 Sep 2007 | 1:26 PM ET

    The Department of Transportation also proposed four new daily flights to China to begin in 2009. These flights would be operated by AMR's American Airlines, Continental Airlines, Northwest Airlines, and US Airways.

  • Four Out of Five Companies Hit by Fraud: Survey Monday, 24 Sep 2007 | 2:41 PM ET

    Four out of five businesses worldwide have been hurt by some type of corporate fraud in the last three years, according to a survey commissioned by risk consultant Kroll.

  • 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.

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