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Giving private equity a chance

Lisa Napoli | May 22, 2007
EMI has agreed to a buyout offer from private equity firm Terra Firma. The timing of the news was surprising, says Billboard's Lars Brandle, but it seems the record company had some other bad news to bury.
Posted In: Canada

Heart trouble for Glaxo

Stephen Beard and Scott Jagow | May 22, 2007
GlaxoSmithKline stocks have continued their nosedive following release of a study that links the drugmaker's No. 2 seller to increased risk of heart attacks. But things could turn around. The FDA isn't taking action yet, Stephen Beard reports.
Posted In: Health

Getting FEMA ready already

John Dimsdale | May 22, 2007
Only 10 days until the start of hurricane season. FEMA today is expected to tell Congress it's ready, but not everyone shares the agency's certainty. John Dimsdale reports.
Posted In: Washington

Watching over laptops everywhere

Ashley Milne-Tyte | May 22, 2007
Alcatel-Lucent introduces a product today that lets IT departments communicate with the company laptops wherever they are. That means if one is stolen, they can freeze and protect the data. There's just one catch, Ashley Milne-Tyte reports.
Posted In: Science

MySpace purge missed some sex offenders

| May 22, 2007
The social networking site recently booted 7,000 users and turned over contact data to authorities — but only after being subpoenaed. And a quick search reveals the purge didn't get everyone. Pat Loeb reports.
Posted In: Crime

As gas prices rise, we keep filling up

Kai Ryssdal | May 21, 2007
It's been 26 years since gas prices, if put in today's dollars, were as high as they are today. And yet we're using it like it still cost $1.35 a gallon. Oil-price expert Tom Kloza talks with Kai Ryssdal about what's going on.
Posted In: Economy, Retail

Con Ed plugs into Homeland Security

Jill Barshay | May 21, 2007
New York City's electric company is getting ready for a much needed upgrade. And it figured how to get the federal government to foot part of the bill. Jill Barshay reports.
Posted In: Washington

Highly-skilled immigrants still seen as a need

Steve Henn | May 21, 2007
The new immigration bill being debated on Capitol Hill would give more weight to aspiring immigrants' education and skills. But many in the business world say it still won't deliver the workers they need. Steve Henn reports.
Posted In: Immigration, Mexico

Beijing puts its money on Blackstone

Kai Ryssdal and Scott Tong | May 21, 2007
China's decided what it wants to do with some of its $1.2 trillion in foreign reserves: Buy into the high-powered U.S. private equity firm Blackstone. Our man in Shanghai, Scott Tong, explains the deal to Kai Ryssdal.
Posted In: Investing, Wall Street

Anybody need a business plan?

| May 21, 2007
Commentator Rob Long found out that it's possible — and maybe even easier — to be an entrepreneur when you don't have a business plan.

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