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  • Biovail Ends Lawsuit As Investigations Continue Monday, 10 Sep 2007 | 4:22 PM ET

    The New York Post broke the news today that Biovail Corporation, Canada's biggest biotech, is dropping its lawsuit against a hedge fund, a research outlet, Bank of America Securities and its former specialty pharmaceuticals analyst David Maris. "60 Minutes" did a piece on the lawsuits last year. Shortly after being sued, Maris left B of A. He and the company never disclosed..

  • Lawmakers Dial Up Regulation of Teen Cell Phones Sunday, 9 Sep 2007 | 3:11 PM ET

    Narin Leininger knows about the risks of talking on a cell phone or sending text messages while driving. The 16-year-old high school junior says he'd only use his phone behind the wheel in an emergency -- a flat tire, traffic jam or crash.

  • APEC Leaders Push for Speedy Doha Trade Deal Sunday, 9 Sep 2007 | 12:08 PM ET

    Asia-Pacific leaders said on Sunday they saw "real progress" in world trade talks now underway in Geneva and pledged flexibility and the political will to forge a deal by the end of 2007.

  • Congress Looks into Mattel after Toy Recalls: WSJ Friday, 7 Sep 2007 | 6:19 AM ET

    The U.S. Congress is looking into Mattel's procedures for alerting federal regulators about hazardous toys, The Wall Street Journal reported in its online edition Friday.

  • Regulators Re-Rating the Rating Agencies: WSJ Friday, 7 Sep 2007 | 6:16 AM ET

    The independence of the credit-rating agencies came under fire in the aftermath of recent mortgage-market turmoil as regulators plan to investigate how the companies are paid, the Wall Street Journal reported Friday.

  • Man Tries to Break Into Buffett's Nebraska Home Friday, 7 Sep 2007 | 5:02 AM ET

    A man carrying a fake gun and wearing dark camouflage paint on his face was being sought Thursday for attempting to break into billionaire Warren Buffett's home in Omaha, Nebraska, police said.

  • 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.

  • AXA Advisors Fined Over Needless Brokerage Fees Thursday, 6 Sep 2007 | 5:29 AM ET

    A U.S. regulator said on Wednesday it has fined AXA Advisors $1.2 million for steering customers into brokerage accounts that triggered needless fees, once causing a customer's assets in an account to fall to zero.

  • 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.

  • Germany Arrests 3 in Alleged Airport, U.S. Base Plot Wednesday, 5 Sep 2007 | 6:26 AM ET

    Germany has arrested three men it suspects of belonging to an Islamist terrorist group and planning attacks on Frankfurt international airport and a major U.S. military base, German officials said on Wednesday.

  • U.S. Government Jobs Site Hit by Data Theft Friday, 31 Aug 2007 | 10:48 AM ET

    About 146,000 people using a U.S. government jobs Web site had their personal information stolen by hackers who broke into computers at Monster Worldwide, a government spokesman said Thursday.

  • Clement Replacing Gonzales: More Than An 'Acting' AG? Monday, 27 Aug 2007 | 11:43 AM ET
    Solicitor General Paul Clement

    White House sources confirm that U.S. Solicitor General Paul Clement will serve as acting Attorney General once Alberto Gonazles leaves the Justice Department in mid-September. And to judge from initial soundings across Washington, no one will be surprised if Clement eventually becomes President Bush's choice to fill the job for the remainder of his term.

  • British Airways pleaded guilty in U.S. court Thursday in a transatlantic price fixing conspiracy and was fined $300 million.

  • 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.

  • And a Moment for White House Wannabes as Well Friday, 17 Aug 2007 | 5:21 PM ET
    Secretary of State Hillary Clinton

    One question about market turbulence that I'll be watching is its effect on the 2008 presidential race. It's not clear the disruptions will prove long lasting, much less lead to an economic recession. If it proves a short-term blip, the effects will be negligible.

  • Nokia Seeks Bar on U.S. Imports of Qualcomm Chips Friday, 17 Aug 2007 | 10:19 AM ET

    Nokia has asked authorities to bar imports into the United States of some Qualcomm chips and the phones that use them, saying they infringe five Nokia patents.

  • Lack of Online Privacy can be a Good Thing Thursday, 16 Aug 2007 | 4:13 PM ET

    Everyone gripes about the fact that there's no privacy online and Web surfers' personal information is exploited. But sometimes our actions online should be transparent -- there needs to be some accountability in this world of Wikis, where users are counted on to police inaccuracies and update news.

  • FDA: Behind the Numbers Wednesday, 15 Aug 2007 | 10:53 AM ET

    BioMedTracker, which monitors drug development for investors, ran some numbers for me. As of August 13th, how does the number of FDA-approved drugs and "approvable" drugs compare to the same period a year ago? According to the company, drug approvals are down 16% and approvable letters are up 55%. An approvable letter is what the FDA issues when it believes it might someday okay a drug, but only if a company provides additional -- often publicly unspecified -- data. So, for investors, "approvable" is a euphemism for delay.

  • Broadcom Seeks Ban on Qualcomm Chips Wednesday, 15 Aug 2007 | 5:10 AM ET

    Qualcomm, hoping to rebound from a string of legal setbacks, urged a federal judge Tuesday to reject a competitor's request to stop it from selling cell phone chips that infringe on patents.