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Banks fired too many people

The credit crisis came within inches of shuttering several of the nation's largest banks and caused the fire sales of others. Firms could not fire...

Bristol - Myers buyout of Medarex

Shares in Human Genome Sciences (HGSI) rocketed up on news that it had received promising results for its lupus drug. Suddenly, the successes -- and...

Fiat's ambitions could ruin it

Fiat has no share in the huge U.S. auto market. Even though light vehicle sales in the U.S. have fallen to about 10 million a year, America is still...

Pepsi plans to buy bottlers

For years, Pepsi (PEP) has owned its brands but its bottlers made and distributed them around the country. It is an odd system that breaks two...

Is GM the best partner for Chrysler?

By now, it is an old idea. General Motors (GM) should merge with Chrysler, cut weak brands, bargain with the UAW for better pay and benefit terms,...

Genentech's great deal

Roche will finally buy Genentech (DNA) after months of fighting over a price for the acquisition. According to The Wall Street Journal (subscription...