About 18 months ago Australian mining giant BHP Billiton decided it was a good time to get bigger. It launched a hostile bid for its smaller British rival Rio Tinto — a $200 billion deal. But today BHP walked away. Dan Grech reports.

BHP is blaming the global financial crisis and regulatory worries for not going through with its original multibillion-dollar bid for Rio Tinto. Kyle James reports why steelmakers are breathing a sigh of relief.

The mining company BHP Billiton dropped its hostile bid today for rival Rio Tinto — good news to steel companies opposed to the move. Scott Jagow talks to economist Bob McKee in London on why the merger didn't go through.

Citigroup stocks were selling at a dizzying pace on reports that the troubled company might be considering a merger. How did things get so bad for Citigroup so quickly? Ashley Milne-Tyte reports.

With its stock having lost more than a quarter of its value on Thursday, Citigroup looks like it could be in talks for a merger or sale. The company's board reportedly will meet today. Janet Babin has the story.

Federal regulators are glad to see the Google/Yahoo ad partnership fail because they feared less competition would make online ad sales expensive. Janet Babin reports consumer advocates are happy for another reason.

Tremendous economic problems await the new president, from the deficit to unemployment. To find out what President Obama's to-do list is going to look like, we're joined by Washington Bureau Chief John Dimsdale.

Virgin is considering possible three-way deal between itself, BMI and Luftansa. Virgin could get local flights in the U.K. and also form an alliance with Luftansa for international flights. Megan Williams reports.

There's talk of a loan to GM and Chrysler to assist with a merger. But economics correspondent Chris Farrell tells Scott Jagow U.S. auto makers should avoid a government loan and just declare bankruptcy.