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CompareCC News Archive Listing for Business during 2006-12.
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Kerkorian Again Cuts His Holdings in G.M.
 
For the second time in about a week the investor sold shares, this time at a loss, cutting his stake in half.
Volatile Dollar May Not Be Scary to Washington
 
Treasury Secretary Henry M. Paulson Jr. is expected to encourage China to strengthen its currency, an apparent contradiction to his public backing for a strong dollar.
Pfizer Ends Studies on Drug for Treating Heart Disease
 
The stunning announcement is likely to damage the company’s prospects for decades as research linked the drug to deaths and heart problems.
EMI set to reject Permira offer
 
Reuters - EMI Group Plc is expected to reject a potential 2.5 billion pound ($4.92 billion) bid from private equity firm Permira as being too low, the Times newspaper said on Monday.
Delta Will Partly Compensate Federal Pension Agency for Taking Over Pilots? Plan
 
Delta Air Lines agreed Monday to partly compensate the Pension Benefit Guaranty Corporation for taking over its pilot pension plan.
Yes, ItÂ’s a Spoof, but ItÂ’s Also Selling Something
 
Advertising agencies have turned to spoofing their own industry to attract viewers long enough to deliver a new message.
Murdoch and Malone Find a Way to Make Up
 
News Corp. agreed to buy out John C. Malone’s stake in the company in exchange for a stake in DirecTV.
China Trip by Paulson Lifts Stakes
 
Pressure is mounting on Treasury Secretary Henry M. Paulson Jr. to produce results or face protectionist measures in Congress next year.
Democrats Vow to Change Breaks Given Oil Industry
 
House Democrats vowed to pursue a broad overhaul of tax breaks and other subsidies to oil companies in January.
Religion for a Captive Audience, Paid For by Taxes
 
A growing number of programs use tax dollars to pay for religious activities aimed at prisoners, recovering addicts, job seekers and others.
E-Commerce Report: Online Swindlers Shift Focus to Smaller Retailers
 
The holiday season typically brings a surge in the number of fraudulent online orders, and smaller online retailers are being hit especially hard this year.
Before Visit to China, a Rebuke
 
The U.S. formally accused China on Monday of failing to open the nation’s economy and crack down on piracy of foreign goods.
Family With Big Stake Seeks Part of Tribune Co.
 
The Chandler family has begun talks with private equity firms about a joint bid for part of the Tribune Company.
H.P. Board Cuts Its Ties With Lawyer
 
Hewlett-Packard?s board is said to have ended a crucial advisory relationship with Larry W. Sonsini, the powerful Silicon Valley lawyer.
Insider: Barring the Hedge Fund Doors to Mere Millionaires
 
On Wednesday, the S.E.C. proposed limiting the number of people who can invest in hedge funds by raising the minimum wealth required to buy in.
Judge?s Rebuke Prompts New Rules for Prosecutors
 
The new guidelines also raise new hurdles for prosecutors seeking access to confidential legal communications.
From Lips of Children, Tips to Ears of Investors
 
To assess new technologies, many venture capitalists are taking investment tips from people half their age.
Drug Files Show Maker Promoted Unapproved Use
 
Eli Lilly pushed Zyprexa, a drug for schizophrenia and bipolar disorder, as a treatment for older patients with dementia, according to marketing materials.
Costly Promises: Paying Health Care From Pensions Proves Costly
 
Money is running out for some local governments who use pension funds to help pay for retired workers? health care.
Advertising: Advo and Valassis to Merge After All
 
The two companies came to terms after the board of Advo agreed late Monday to drop its asking price to $33 a share from $37.
Ford Expects to Fall Soon to No. 3 Spot
 
Ford Motor expects Toyota to displace it next year as the No. 2 company behind G.M. in the American car market.
Bristol Says U.S. Inquiry Is Settled
 
Bristol-Myers Squibb has agreed to pay $499 million to settle a federal investigation into illegal sales and marketing activities from the late 1990s through 2005.
Toyota Is Poised to Supplant G.M. as World?s Largest Carmaker
 
Toyota?s plans to sell 9.34 million vehicles in 2007 would make it the world?s largest auto company, analysts said.
Exxon, ONGC and Inpex win Libya oil blocs
 
Reuters - Three blocs that drew only single bidders in Libya's latest oil exploration round were awarded to Exxon, ONGC and Inpex on Sunday, the country's state National Oil Corporation said.
Georgia in gas deal with Turkey
 
Georgia says it has agreed to buy 800 million cubic metres of gas from Turkey next year, almost half of its needs.
Coffeehouses as Fashion Boutiques; Selling Cachet by the Cup
 
Italians are now positioning their coffee as a gourmet item much the way coffeehouse chains in the United States have been doing.
U.S. Investigates UnitedHealth
 
The health insurer said securities regulators had started a formal investigation into its options practices.
Invitation to a Showdown
 
Scoop and Intermix, similar in philosophy, compete for the allegiance of young urban women.
Gas Investors Bow to Pressure on Recovering Expenses
 
The Russian government won another concession from the foreign partners of the oil and natural-gas field known as Sakhalin 2.
U.S. Official Overseeing Oil Program Faces Inquiry
 
The Justice Department is investigating whether the director of a multibillion-dollar oil-trading program has been paid as a consultant for oil companies.
No deal in Belarus gas pricing dispute says Gazprom
 
Reuters - Russian gas monopoly Gazprom said on Sunday no agreement had been reached with Belarus on the price of gas exports in 2007, in a dispute which could disrupt flows to western Europe.

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