Drug makers Merck and Schering-Plough will join forces under Merck's name in a deal worth $41 billion in cash and stock. Steve Chiotakis talks to Ashley Milne-Tyte about how both companies stand to benefit from the deal.
The Obama administration's auto team is in Detroit today sussing out uncertainty over General Motors and Chrysler's rescue plans. The government has until March 31 to decide whether to hand over more aid. Ashley Milne-Tyte reports.
Auditors are telling General Motors it might not survive unless it files for bankruptcy. What's next for the struggling automaker? Ashley Milne-Tyte reports.
Reports say that China may announce a new stimulus package soon. What will it look like and how might it impact the U.S. and world markets? Ashley Milne-Tyte reports.
Reader's Digest will be launching new titles to expand readership. The publication needs to come up with a more effective way to pay off its $2 billion debt. Ashley Milne-Tyte looks into whether this is a smart move for the magazine.
The Treasury Department will become Citigroup's biggest single shareholder. But will this move be the last for the struggling financial giant? Ashley Milne-Tyte reports.
Vice President Joe Biden is championing the middle class by promoting a rise in the green jobs sector. Ashley Milne-Tyte explains the correlation between the two and why green jobs are expected to grow fast in coming years.
Gap's sales began to struggle a few years before the recession was official. Today, issues like use of retail space and a cluttered market hurt Gap and other stores like Banana Republic. Ashley Milne-Tyte reports.
Tiger Woods rejoins the PGA tour today after an eight-month absence to recover from knee surgery. Ratings dropped after Woods left, and many hope his return will bring excitement back to the game. Ashley Milne-Tyte reports.
Citigroup has already received $45 billion in government aid, but the struggling banking giant is seeking more money. Ashley Milne-Tyte reports on why the bank needs more help and what form it might take.
