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One Director, Two Boards and a Fight at Time Warner
A day after Carl C. Icahn teamed up with Lazard to wage a shareholder war against Time Warner, Robert C. Clark may have found himself in the cross-fire.
Lofty Promise of Saturn Plant Runs Into G.M.'s Fiscal Reality
A Saturn plant once lauded as the savior of the U.S. auto industry is among 12 factories that G.M. plans to shut or partly close.
Jobs Surged Last Month in Rebound From Storm
The nation's employers added 215,000 jobs last month, the government reported, as the economy rebounded from the devastating impact of Hurricane Katrina.
China's economy to grow by 9.4 pct this year
AFP - China's economy will likely grow by 9.4 percent this year, and will see continued fast growth next year, Ma Kai, the State Development and Reform Commission's (SDRC) minister, has been quoted as saying by state media.
$1.2 Billion Deal for Swedish Company
A pair of private equity firms have agreed to buy the Swedish telecommunications company Com Hem for just over one billion euros, or $1.2 billion.
At Impasse With Network Star, ABC Picks 2 Youthful Anchors
The selection of Elizabeth Vargas and Bob Woodruff came after the network failed to reach an agreement with Charles Gibson.
Rivals Gird for Battle on Guidant
A Johnson & Johnson statement indicates the company has no intention of entering a bidding war with Boston Scientific over Guidant.
Investor and G.M. Hold Talks
General Motors said it was holding discussions with the investment firm run by Kirk Kerkorian about board representation for his company.
Ogre to Slay? Outsource It to Chinese
Affluent online gamers are paying workers at Chinese game-playing factories to play games' early rounds for them.
Live Tracking of Mobile Phones Prompts Court Fights on Privacy
In recent years, law enforcement officials have turned to cellular technology for monitoring the movements of individuals.
Ventures: REIT's Poised to End 2005 on Another High Note
WALL STREET pundits expected 2005 to be a bad year for real estate investment trusts. Interest rates were heading north, economic growth was uncertain and many REIT's were already pricey after a two-year run-up.
DreamWorks Deal Played Like a Drama
Paramount chairman Brad Grey pulled off a Hollywood coup, snatching DreamWorks from the grasp of NBC-Universal.
Investor Takes Aim at Wendy's
Nelson Peltz, a billionaire investor who has been quietly buying shares of Wendy's International, plans to propose a radical overhaul of the fast-food company.
Two Utilities Said to Hold Merger Talks
The parent of Florida Power and Light is in advanced talks to acquire the Constellation Energy Group for more than $11 billion.
Report Says Ex-A.I.G. Chief Defrauded Foundation 35 Years Ago
According to the report estate executors cheated the Starr Foundation by selling assets that were worth more than $30 million for just $2 million.
Bass Family Is Expected to Sell Gas Pipelines to Southern Union
The Bass family of Fort Worth agreed to sell the gas pipeline company, Sid Richardson Energy Services, to Southern Union for $1.6 billion in cash.
Ties to Industry Cloud a Clinic's Mission
Dr. Eric J. Topol's criticism about drugs he deems dangerous, including Vioxx, has drawn a spotlight to his own conduct and that of the Cleveland Clinic.
Trade Ministers Continue Talks as Protesters Are Jailed
Trade ministers from around the world made slow progress on Sunday morning, after a night in which the police battled rioting South Korean rice farmers with tear gas and fire hoses.
Advertising: AOL's Choice of Google Leaves Microsoft as the Outsider
Time Warner's expected renewal of its partnership with Google shows just how much Google has supplanted Microsoft as the force to be reckoned with in technology.
Toyota, With 2006 Forecast, Challenges for Top Car Maker
The Toyota Motor Company plans to make 9.06 million cars in 2006, a goal that could help it to snatch from General Motors the crown of world's largest carmaker.
Game Maker Cuts Forecast as Industry Seems in Slide
Electronic Arts reported that its holiday sales would be 'well below' earlier projections, the latest sign of a sharp slide in performance for the industry.
Albertson's Sale Is in Limbo as Board Rejects $9.6 Billion Bid
The giant supermarket chain terminated talks last night with a consortium of investors that had been the leading bidder in an auction for the company.
Deal Is Said to Be Set for Hilfiger
Tommy Hilfiger, the clothier whose fashions have gone from preppy to hip-hop baggy and back again, agreed to be bought for $1.54 billion by Apax Partners.
Files Show Guidant Foresaw Some Risks
Company officials projected that some patients might die as a result of short circuits in a company heart device, but it did not publicize the flaw, records show.
China moves to abolish farmer tax
Reuters - China's parliament has announced plans
to abolish the country's long-standing agricultural tax at a
time when social unrest and a deepening income divide are
raising official fears about stagnant farm incomes.
Viacom Comes to the Great Divide, and Calls It a Path to Growth
As Viacom prepares to be divided into two separate entities, the question of whether founder Sumner M. Redstone will sell of assets persists.
The Day After Christmas, Shoppers Take a Holiday
Retailers hoping for a big finish to the holiday season instead found lighter-than-expected crowds over the long Christmas weekend.
Payment Processor in Deal
By Reuters.
Billionaire Builder of China
Xu Rongmao, one of 10 known billionaires in China, is bigger than Donald Trump, Sam Zell or Mortimer Zuckerman.
New Focus for Intel: The Home
The Intel Corporation plans to shift its focus from pure computing power to consumer products.
Down Day Ends Good Year for the World's Markets
World stock markets ended a generally up year on a down note, leaving the Dow Jones industrial average in the U.S. with its first annual decline since 2002.
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