Description: To save Chrysler Group LLC, Chief Executive Officer Sergio Marchionne has to create a mid-size sedan that can compete with the worldâ€™s best. Itâ€™s a three- to five-year job, and he may have two years to do it.
Description: — Cadbury Plc, the worldâ€™s second- biggest confectionery company, said an unsolicited takeover offer from Kraft Foods Inc. is an â€œunappealing prospectâ€ due to its rivalâ€™s business model and â€œlower growthâ€ prospects.
Description: Motorola Inc shares rose 6.5 percent on Friday on hopes the company could turn around its loss-making handset business with the new cellphone it developed with Google Inc. Source: Reuters.com
Description: All you 480 million Skype users out there should be rejoicing today, now that the Internet calling and video service has been freed from the clutches of eBay. As was announced this morning, eBay is selling a 65% stake in Skype for $1.9 billion in cash to a group of private equity shops and venture capitalists.
Description: The Securities and Exchange Commission may create a â€œfraud collegeâ€ to train staff in detecting market abuses after the agency failed to stop Bernard Madoffâ€™s $65 billion Ponzi scheme, Chairman Mary Schapiro said.
Description:Â Â Dainippon Sumitomo Pharma Co Ltd (4506.T) agreed on Thursday to buy U.S. drugmaker Sepracor Inc (SEPR.O) for $2.6 billion, giving the Japanese firm a big, local sales force in the world’s largest drugs market. The deal is the latest in a string of overseas acquisitions by Japanese drugmakers keen to grow outside a mature home market and build product pipelines before key drug patents expire.
Summarize the comments made about the state of the economy and taxation.
How might a national health tax and government run insurance plan that removes individual organizations from direct responsibility for employee insured programs be considered financially good for organizational finances?
How would a universal health program affect those corporations directly involved in the health care field such as pharmaceutical, insurance, hospital, and hospital supply firms?