Financial news on May 12th, 2007
Business and Financial news
An economics professor suggests that retirees should delay collecting Social Security benefits to maximize their returns. Read more..
The telecommunications equipment maker was hurt by costs and accounting changes related to the merger that created the company last year. Read more..
Alfred D. Chandler Jr. argued in almost two dozen books that the emergence of professional management propelled modern capitalism. Read more..
The makers of Equal and Splenda reached an undisclosed settlement over Splenda’s slogan “made from sugar, so it tastes like sugar.” Read more..
The Chicago Mercantile Exchange raised its bid to acquire its crosstown rival, the Chicago Board of Trade, by 16 percent. Read more..
The headquarters building for Yukos oil company was sold for a startling price to an unknown buyer. Read more..
Edward J. Ludwig, head of Becton, Dickinson, spoke about his company’s product line and its acquisition of GeneOhm Sciences last year. Read more..
Policy makers in Washington kept their eyes on inflation, but held rates steady. In Hollywood, the M.P.A.A. tossed smoking into its ratings system. Read more..
Regulators are again knee-deep in insider trading cases, with profiteers spanning the globe, from Hong Kong to lower Manhattan. Read more..
The $7.75 billion deal comes as the Canadian information company ponders a merger with Reuters. Read more..