Coca-Cola is offering almost $2.4 billion for the Huiyuan juice company in China. The all-cash deal would be the biggest foreign takeover ever of a Chinese company. But regulators in Beijing could take the fizz out of the deal. Janet Babin reports.
Airlines are already reeling from losses, and travel by air traditionally dwindles after Labor Day. John Dimsdale reports that the industry is now bracing for the biggest wave of cutbacks since Sept. 11, 2001.
The CME Group's acquisition of NYMEX is expected to close today. The deal will give CME Group control of 98 percent of all contracts traded on U.S. futures exchanges. Adriene Hill reports why this deal is so big.
Mitsubishi Financial Group, Japan's largest bank, has raised its bid for California's second biggest bank. The deal could become the biggest takeover of a U.S. bank this year. Alisa Roth gets some prespective.
As many as six banks are said to have agreed to buy back securities from the failed auction-rate market as part of a settlement with federal regulators. Is a global settlement in the works? Bob Moon reports.
A Russian company is taking over a large Ohio-based pipe and tube manufacturer in one of the biggest steel industry deals this year. Stephen Beard reports Russian steel makers now have a big U.S. presence.
The Defense Department changed the rules for landing a $35 million contract to build an aerial refueling tanker, and now, word is that Boeing won't bid. John Dimsdale reports.
Waste Management today raised by 10 percent its bid to buy its biggest competitor in the trash business. Ashley Milne-Tyte asks what happens to us if that merger goes through.
Private-equity firms invested just $50 billion in the U.S. in the first half of this year, compared to $300 billion last year. Private equity is a notoriously private business. But Amy Scott got a rare look at how one firm is adapting.
As turbulence continues in the airline industry, British Airways and American Airlines want to huddle together to cut costs. Stephen Beard reports the union may benefit both carriers, but it's not a marriage.