Business - Companies

 

Eli Lilly and Co LLY.N has agreed to acquire ImClone Systems Inc for $6.5 billion.

Lilly Bids $6.5 Billion for ImClone, Bristol Bows Out

Oct 6, 2008, 4:00 pm

Eli 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 am

POSCO moves to new technology to cope with stricter emission rules.

Wells Fargo Bids $16 Billion for Wachovia

Oct 3, 2008, 5:00 pm

Wells 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 pm

A 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 pm

Broadcasters 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 pm

General 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 pm

Back to school shopping season left many retailers wishing for more.

Financial Crisis Weighs on Executives' Minds

Oct 1, 2008, 10:00 am

The 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 pm

Wal-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 am

Citigroup Inc. agreed to purchase Wachovia’s banking operations and assets in an all stock deal valued at $2.16 billion.

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