Financial news on October 21, 2006
Business and Financial news
The San Jose Mercury News, The Philadelphia Inquirer and The Contra Costa Times painted a bleak outlook for newspapers. Read more..
Aleksey Vayner, who became the Internet’s latest viral sensation, is now portraying himself as a victim of a flash flood of Web interest. Read more..
Merck and Schering-Plough reported strong sales from two cholesterol pills they both sell. Read more..
An arbitration panel found that Massachusetts Mutual’s board did not terminate its chief “for cause” and owed benefits denied to him. Read more..
News Corporation’s decision to buy a stake in John Fairfax Holdings may indicate new changes in Australia’s ownership restrictions. Read more..
The vote by shareholders could also improve Rupert Murdoch’s leverage in his DirecTV talks with Liberty Media. Read more..
An appeals court refused to consider reinstating the convictions of former Merrill Lynch executives found guilty in an Enron sale. Read more..
Not since the days of khaki colonialism has buying Africa been so sexy. Read more..
More companies are finding a risk-free way to adopt solar energy from systems installed by others. Read more..
Good week for the stock market. Not so for the man who used to run it. Read more..