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Latest Business News
Merck's Painkiller Arcoxia Is Rejected for U.S. Sale added on Apr 27 2007.
bloomberg.com says, ""Merck & Co.'s painkiller Arcoxia was rejected by U.S. regulators because the arthritis drug has some of the same risks of heart attacks and strokes as the withdrawn medicine Vioxx.""
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Clicks: 92

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Airlines Drop on Broker Downgrade added on Apr 27 2007.
123jump.com says, ""U.S. stock market averages traded in a lackluster fashion, as investors weghed a weaker-than-expected GDP report against surging quarterly profit at Microsoft. The software giant traded up 4.3%. General Electric rose 2.3% after positive comments from Citigroup. The Dow was led down by General Motors, down 1.9%, J.P. Morgan Chase, down 1.4%, and Home Depot, falling 0.9%.""
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Clicks: 84

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AT&T CEO Whitacre announces retirement added on Apr 27 2007.
news.com.com says, ""In a statement Friday, the company confirmed that the 65-year-old Whitacre would leave, effective June 3. He is currently the longest-serving CEO in the telecommunications industry, according to AT&T. A March 2007 filing with the U.S. Securities and Exchange Commission stated that he also serves as a director on the boards of Anheuser-Busch Companies and Burlington Northern Santa Fe Railway.""
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Clicks: 91

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U.S. Gas Prices Up 8 Cents in 2 Weeks added on Apr 22 2007.
chron.com says, ""Gasoline prices have gone up more than 8 cents across the country the last two weeks and are up 69 cents so far this year, according to a survey released Sunday.""
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Clicks: 45

Type: News
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AstraZeneca near $13 billion deal for MedImmune added on Apr 22 2007.
marketwatch.com says, ""Britain's AstraZeneca PLC is near the purchase of MedImmune Inc. for what could be more than $13 billion in a deal that could be announced as early as Monday, according to a media report.""
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Clicks: 78

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ABN Amro Agrees to Sell to Barclays of Britain added on Apr 22 2007.
nytimes.com says, ""ABN Amro, the largest Dutch bank, was near a deal Sunday night to be acquired by Barclays of Britain for more than $80 billion, in what would be one of the largest European banking deals ever. The deal is expected to be announced on Monday, according to people briefed on the negotiations.""
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Clicks: 77

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Former Qwest boss guilty of fraud added on Apr 20 2007.
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news.bbc.co.uk says, ""The former boss of US phone company Qwest Communications, Joseph Nacchio, has been found guilty of 19 counts of insider trading.""
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Clicks: 66

Type: News
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H&R Block jumps on sale of mortgage unit added on Apr 20 2007.
MarketWatch.com says, ""Shares of financial services firm H&R Block rose about 8% in pre-market trading Friday after the company said it had agreed to sell its home lending unit Option One to a group including Ceberus Capital management.""
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Clicks: 52

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McDonald's Net Rises 22%; Latin Outlets to Be Sold added on Apr 20 2007.
bloomberg.com says, ""McDonald's Corp. reported that first-quarter profit rose 22 percent on Europe's biggest revenue gain since 1994 and said it will sell almost 1,600 restaurants in Latin America and the Caribbean.""
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Clicks: 73

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Wolfowitz apologizes for helping friend secure plum job added on Apr 13 2007.
theglobeandmail.com says, ""World Bank president Paul Wolfowitz acknowledged yesterday that he erred in helping a close female friend get transferred to a high-paying job -- and said he was sorry.""
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Clicks: 75

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Vonage CEO quits; firm will cut jobs, costs added on Apr 13 2007.
latimes.com says, ""Vonage Holdings Corp., its survival threatened by a court loss in a patent case, said Thursday that its chief executive had quit and that it would cut jobs and costs by $140 million this year to help put the Internet phone company on a path toward profitability.""
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Clicks: 57

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Judge Orders External Audit for Church added on Apr 13 2007.
forbes.com says, ""A federal bankruptcy judge Wednesday ordered an external audit of the Roman Catholic Diocese of San Diego amid accusations church leaders are trying to hide assessts to avoid payment to sex abuse victims.""
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Clicks: 43

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Crude, natural gas rise as demand to stay strong added on Apr 10 2007.
MarketWatch.com says, ""Crude-oil futures rose Tuesday, recouping some of their prior-session losses, as tightening product supplies and expectations of continued strong energy demand underpinned prices.""
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Clicks: 59

Type: News
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Financial market risks have increased added on Apr 10 2007.
today.reuters.com says, ""The stability of the global financial system is being bolstered by favorable economic conditions, but some financial market risks have crept up in recent months, the International Monetary Fund said on Tuesday.""
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Clicks: 49

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US files two piracy complaints against China added on Apr 10 2007.
tgdaily.com says, ""The United States has filed two trade complaints of movie, music and book piracy against China. U.S. Trade representative Susan Schwab filed the complaints with the World Trade Organization in Geneva and alleged that American companies lose billions of dollars a year to Chinese piracy.""
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Clicks: 40

Type: News
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