Adidas has been given the green light to acquire US athletic shoemaker Reebok in a deal estimated at $3.8 billion. Adidas hopes the acquisition will put it on track to give Nike a run for its money. Alisa Roth reports.
One of China's first private companies, Beijing Vantone Real Estate, has signed a deal to lease the top five floors of the first new building at Ground Zero since 9/11. Finding tenants for 7 World Trade Center had been difficult,…
Tens of thousands of participants are expected to turn out for this week's World Social Forum, billed as an alternative to the World Economic Forum in Davos. But as Brian Ellsworth reports, host country Venezuela may not be the poster…
Johnson&Johnson is likely to escalate the bidding war over Guidant Technologies today. As Helen Palmer reports, the red-hot medical device market makes Guidant attractive, despite its liabilities.
The Japanese automaker has announced plans to enter its vehicles in NASCAR's elite Nextel and Busch series, currently dominated by the Chevy, Ford and Dodge brands. As Bob Moon reports, it's more about marketing than racing.
A group of researchers from Yale and Columbia has devised a scorecard to rate countries on how well they manage their environmental and natural resources. As John Dimsdale reports, the US lags behind most of the developed world.