Reuters – Merck & Co Inc said on Monday it would acquire Schering-Plough Corp for $41.1 billion, uniting the makers of cholesterol drugs Zetia and Vytorin in the second megadeal for big pharma in weeks.Read More… [Source: Yahoo! News: Business]
Roche, Genentech in talks on $47 billion deal
(Reuters)
March 9th, 2009 · No Comments
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Wall St. slips as drug M&A overshadows banks
(Reuters)
March 9th, 2009 · No Comments
Reuters – U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck’s proposed a $41 billion takeover of Schering-Plough .
Read More… [Source: Yahoo! News: Business]
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Dow, Rohm merger to go through
(Reuters)
March 9th, 2009 · No Comments
Reuters – Dow Chemical Co agreed on Monday to go through with its purchase of Rohm and Haas Co reaching a settlement after the two sides were scheduled to go to a trial over Dow’s refusal to close the deal.Read More… [Source: Yahoo! News: Business]
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Autos task force sees GM, Chrysler on home turf
(Reuters)
March 9th, 2009 · No Comments
Reuters – Members of the Obama administration’s autos task force toured General Motors Corp and Chrysler facilities in the Detroit area on Monday, checking new technology and meeting with company executives.Read More… [Source: Yahoo! News: Business]
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No News will be bad news
March 9th, 2009 · No Comments
A few months ago, I somewhat confidently predicted that newspapers would survive the current pressure on their business. I still believe that to be true. But recent news about the news is not so good.
Today the publisher of the Miami Herald, among other papers, declared thatit would cut 1600 jobs. I’m interested in this phenomenon [...]
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The biz is failing: Should you tell the staff?
March 9th, 2009 · No Comments
Telling employees you’re concerned about the bottom line can be valuable, but owners also need to offer clear direction on what employees can do to help.Read More… [Source: Small business news - CNNMoney.com]
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How to be a (safe) Wi-Fi warrior
March 9th, 2009 · No Comments
Wireless technology makes it easier than ever to work from the road. But laptops get stolen and Wi-Fi networks at airports, coffee shops and hotels can expose users to increasingly sophisticated forms of cybercrime.Read More… [Source: Small business news - CNNMoney.com]
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SEC says money manager invented big accounts
(Reuters)
March 9th, 2009 · No Comments
Reuters – U.S. regulators charged a money manager with fabricating several large client accounts in order to lure legitimate investors, the Securities and Exchange Commission said on Monday.Read More… [Source: Yahoo! News: Business]
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Auto Repair Shops Find Economic Fix
March 9th, 2009 · No Comments
Detroit might be a bust, but auto repair shops are doing just fine, according to small business data tracker BizEquity.
The firm states that repair and maintenance facilities have grown in value since mid-year 2008, by $4.578 billion and $1.321 billion respectively. Compare that to a nearly $8 [...]
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Motivating your staff: Carrots or sticks?
March 9th, 2009 · No Comments
Ken Villani, president of Cottage Pharmacy and Surgical in Woodbury, N.Y., is having trouble with some of his store’s 50 employees. Particularly in this market, he cannot afford to risk alienating customers with poor customer service. He’s brought the issue to The Alternative Board (TAB), a monthly peer-advice gathering of business owners in Farmingdale, N.Y., [...]
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