Bloomberg:
- Advertising spending growth may slow from next year as TV networks in the US are forced to cut rates as audience levels fall, Saatchi & Saatchi CEO Roberts said at an industry conference.
- Legg Mason agreed to buy hedge fund company Permal Group and Citigroup’s fund unit in separate deals totaling more than $4.5 billion to become the fifth-largest US asset manager.
- Guidant said it has advised doctors about safety concerns regarding some of its defibrillators and that implants of the devices should be discontinued until further notice.
Wall Street Journal:
- William Foley II said he and a group that includes Thomas H. Lee Partners have made a takeover bid for Callaway Golf.
NY Times:
- A drastic rise in foreign students in the past 20 years is presenting a problem at some US universities as an increasing number of undergraduates cannot understand classes run by foreign graduate teaching assistants.
- US doctors are changing the way they treat lung cancer, after studies showed that chemotherapy, which had often been considered futile in treating the disease, helps many patients live significantly longer.
- Hundreds of artists, hipsters, Web designers, doctors and journalists are moving into industrial lofts and 19th century row houses in the Port Morris and Mott Haven neighborhoods of the South Bronx.
Philadelphia Inquirer:
- Penn National Gaming and other racetrack operators are ready to begin building slots parlors after the Pennsylvania Supreme Court upheld a state gambling law.
AP:
- Iraqi Prime Minister Ibrahim al-Jaafari and US President Bush will discuss training Iraqi security forces and efforts to draft a constitution when they meet today in Washington.
Reuters:
- Workers at Placer Dome’s Zaldiver copper mine in Chile may strike after voting yesterday to reject a two-year labor contract.
No comments:
Post a Comment