|
Death Toll Rises in Philippine Floods
|
|
At least 140 people were dead and 32 missing in the Philippines after the country was hit by a powerful tropical storm and the government said it was seeking international assistance with the relief effort.
|
|
28/09/2009 05:14 PM
|
|
Xerox to Acquire ACS for $6.4 Billion
|
|
Xerox agreed to pay $6.4 billion of cash and stock for outsourcing and information-services company Affiliated Computer Services.
|
|
28/09/2009 05:10 PM
|
|
Deals Drive Push Back Into Stocks
|
|
The Dow industrials rose 124 points and are on course for the best quarter since 1998 amid a burst of deals and analyst upgrades.
|
|
28/09/2009 05:47 PM
|
|
SEC Reviewing Securities Lending
|
|
The SEC chairman said the agency is conducting a "wholesale review" of the securities-lending marketplace.
|
|
28/09/2009 05:04 PM
|
|
$35 Billion Set for Local Housing
|
|
The White House is close to committing up to $35 billion to help housing agencies provide mortgages to low- and moderate-income families.
|
|
28/09/2009 12:27 PM
|
|
Abbott Strikes Deal on Solvay Unit
|
|
Abbott Laboratories has struck a deal to acquire the pharmaceutical unit of Belgian conglomerate Solvay for roughly $7 billion.
|
|
28/09/2009 05:10 PM
|
|
Countrywide Phone Calls Add to Din Over Loans
|
|
Countrywide Financial's recorded phone conversations with borrowers in a mortgage program that included public officials have prompted new congressional calls for more information.
|
|
28/09/2009 05:02 PM
|
|
China OKs GM-Delphi Deal
|
|
China approved General Motors' plan to buy a stake in parts supplier Delphi.
|
|
28/09/2009 05:10 PM
|
|
Elections Pose Risks to Opel Deal
|
|
GM's planned sale of Opel faced further uncertainty as Spain urged an investigation and German critics were set to gain influence.
|
|
28/09/2009 05:50 PM
|
|
Ohio Suit Targets BofA, Executives
|
|
Ohio's attorney general filed a lawsuit on behalf of five pension funds that could seek "billions" from Bank of America and some of its executives over the bank's handling of its merger with Merrill Lynch.
|
|
28/09/2009 04:57 PM
|
|
Zoellick Favors Power for Treasury
|
|
World Bank chief Zoellick said the Treasury, not the Fed, should be given more power to regulate banks. He also said the dollar could increasingly lose its status as the dominant reserve currency.
|
|
28/09/2009 01:53 PM
|
|
Drop in Start-Ups Bodes Ill for Recovery
|
|
New companies are crucial to any economic recovery. Businesses in their first 90 days of life accounted for 14% of hiring in the U.S. between 1993 and 2008.
|
|
28/09/2009 05:10 PM
|
|
J&J Buys 18% Stake in Crucell
|
|
The U.S. pharmaceutical giant bought an 18% stake in Dutch biotech company Crucell as part of a deal to collaborate on the treatment and prevention of influenza.
|
|
28/09/2009 05:10 PM
|
|
Nufarm, Sinochem Reach Deal
|
|
Australian crop chemical company Nufarm announced a provisional takeover deal with China's Sinochem that would value Nufarm at $2.46 billion.
|
|
28/09/2009 05:10 PM
|
|
German Data Bring Hope
|
|
German consumer prices fell 0.3% in September from September 2008, but leading indicators continue to point to a pickup in economic growth.
|
|
28/09/2009 05:42 PM
|