Business - Companies
Lilly Bids $6.5 Billion for ImClone, Bristol Bows Out
Oct 6, 2008, 4:00 pmEli Lilly and Co LLY.N has agreed to acquire ImClone Systems Inc for $6.5 billion.
With New Tech, POSCO Braces for Strict Carbon Rules
Oct 5, 2008, 10:00 amPOSCO moves to new technology to cope with stricter emission rules.
Wells Fargo Bids $16 Billion for Wachovia
Oct 3, 2008, 5:00 pmWells Fargo agreed to buy Wachovia for about $16 billion, upstaging a government-backed Citigroup Inc bid.
False iReport News Plays Havoc with Apple Stock
Oct 3, 2008, 5:00 pmA false Internet report that Apple Inc's Steve Jobs had suffered a heart attack briefly slammed his company's stock Friday.
Ten Percent of People Risk Lost TV Signal in February—FCC Commissioner
Oct 2, 2008, 10:00 pmBroadcasters have spent billions informing the public that TV signals in the United States are going digital in February 2009.
GM September Sales Fall 16 Percent
Oct 1, 2008, 2:00 pmGeneral Motors Corp said that U.S. light vehicle sales fell 16 percent in September to 282,806 units.
Back-To-School 2008 A Drag on Retailers
Oct 1, 2008, 12:00 pmBack to school shopping season left many retailers wishing for more.
Financial Crisis Weighs on Executives' Minds
Oct 1, 2008, 10:00 amThe financial crisis has caused business executives to rein in their expectations for growth.
Wal-Mart Asks Suppliers to Avoid Uzbek Cotton
Sep 30, 2008, 3:00 pmWal-Mart said it is requiring its suppliers to stop sourcing cotton from Uzbekistan to stop child labor.
Citi Buys Wachovia Assets
Sep 29, 2008, 10:00 amCitigroup Inc. agreed to purchase Wachovia’s banking operations and assets in an all stock deal valued at $2.16 billion.
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