Financial news on May 25th, 2008

Business and Financial news
$50 Billion Telecom Deal Falls Apart

The world’s largest corporate deal in an emerging market, a tie-up worth nearly $50 billion between two telecommunication companies, came to a screeching halt. Read more..

By HEATHER TIMMONS - The New York Times

Toughest Summer Job This Year Is Finding One

The job market of 2008 is shaping up as the weakest in 50 years for teenagers seeking summer work. Read more..

By PETER S. GOODMAN - The New York Times

See what else happened on May 25th, 2008