The Bloomberg news service is buying BusinessWeek for an estimated — and paltry — $5 million. It hopes the magazine will help it reach an audience outside the world of hardcore financial news and data. Ashley Milne-Tyte reports.
The SEC has reached a deal with Bank of America, which could give regulators an idea of what was going on at the bank as it wrapped up its merger with Merrill Lynch. Steve Henn reports.
General Electric reportedly is in negotiations to sell part of NBC to cable giant Comcast. But it's not clear if Vivendi, which owns 20% of NBC, is ready to sell. Alisa Roth reports.
CBS is looking to save cash by partnering with international news Web site GlobalPost.com. Jeremy Hobson reports the deal may be a model for news organizations looking to beef up foreign coverage.
After a long period where it seems like no one has bought anything, the markets have seen a flurry of activity lately. Is this a sign of things to come? Not necessarily. Alisa Roth reports.
Health-care conglomerate Abbott Laboratories and document company Xerox shelled out a combined $11 billion to expand their opportunities. Bob Moon reports on what's behind the recent pickup in mergers.
Abbot Laboratories will pay almost $7 billion for the pharmaceutical unit of Belgian company Solvay, a move which will help Abbot diversify its products. Alisa Roth explores this and other big pharma mergers going on lately.
