Dow Chemical Will Complete $15.3 Billion Rohm & Haas Buyout to Settle Suit Dow Chemical Co., the largest U.S. chemical maker, agreed to complete its $15.3 billion buyout of rival Rohm & Haas Co. by April 1 to settle a lawsuit.
Texas Instruments Sales Forecast Meets Estimates on Wireless-Chip Demand Texas Instruments Inc., the second- largest U.S. chipmaker, predicted first-quarter sales that met most analysts’ estimates as demand for wireless-equipment chips improves.
U.S. Stocks Decline on Buffett's Remarks, World Bank Warning About Economy U.S. stocks fell, extending the worst weekly slump in the Standard & Poor’s 500 Index since November, after Warren Buffett said the economy “has fallen off a cliff” and the World Bank predicted a global contraction.
Merck's $41.1 Billion Schering-Plough Takeover Adds Experimental Clot Drug Merck & Co.’s $41.1 billion purchase of Schering-Plough Corp. adds experimental drugs for blood clots, infections and schizophrenia and allows the companies to speed research on biotechnology drugs.
Ford Workers Ratify Changes to Pay, Health Fund as Automaker Sidesteps Aid Ford Motor Co., seeking to survive without federal aid, became the first U.S. carmaker to gain a new round of concessions from the United Auto Workers union as members ratified reductions to compensation and benefits.
Marc Faber Says Government Actions to Trigger Stock Rally by End of April Government spending will spur gains in the Standard & Poor’s 500 Index after it fell 56 percent from an October 2007 record, investor Marc Faber said.
