Financial news on September 16, 2006

Business and Financial news
A Milk War Over More Than Price

As Wal-Mart rolls out its own brand of organic milk, critics worry that consumers will be getting just a diluted form of organic milk. Read more..

By MELANIE WARNER - The New York Times

Blackstone Alliance to Buy Chip Maker for $17.6 Billion

In a rare buyout battle, a Blackstone-led alliance said it won the bidding for chip maker Freescale Semiconductor. Read more..

By ANDREW ROSS SORKIN and LAURIE J. FLYNN - The New York Times

Crop Rotation in the Grain Belt

Wheat is steadily being replaced by corn as the crop of choice for American farmers. Read more..

By ALEXEI BARRIONUEVO - The New York Times

Dynegy in Deal to Raise Generating Capacity by 69%

Dynegy agreed to buy the LS Power Group’s electricity plants in a deal made four years after the company was pushed close to bankruptcy. Read more..

By BLOOMBERG NEWS - The New York Times

For Kansas Farmers, Water Is a Vanishing Commodity

Soaring energy costs and one of the worst droughts to grip Kansas in a century have led farmers to work hard to conserve water. Read more..

By ALEXEI BARRIONUEVO - The New York Times

How Many Coupons for the Yacht?

If you believe magazines are leading indicators of where the economy is heading, things are not looking good. Read more..

By PAUL B. BROWN - The New York Times

Judge Blocks Strike at Northwest

The ruling against Northwest’s flight attendants could strengthen the hand of struggling airlines seeking to reduce labor costs. Read more..

By JEFF BAILEY - The New York Times

Outsourcing: It’s Been Good to Him

The chairman of Wipro, India’s third-largest outsourcing firm, spoke about outsourcing, competition and education. Read more..

By SARITHA RAI - The New York Times

Talk of Liberty Deal Leaves Some Puzzled

Talk of a swap between Liberty Media and the News Corporation was met with some skepticism by Liberty shareholders. Read more..

By GERALDINE FABRIKANT and RICHARD SIKLOS - The New York Times

The Story Behind MySpace

A controversial new report into MySpace alleges that its founders came from companies involved with spam, spyware and adware. Read more..

By DAN MITCHELL - The New York Times

See what else happened on September 16, 2006