Nov 17 Watch Citigroup to Cut Jobs, Sell Assets in Financial Crunch Citigroup announced plans Monday to cut 53,000 jobs worldwide as a result of the worsening global fiscal crisis and large company losses. Roben Farzad of Business Week assesses the financial institution's troubles and how other banks are faring. Continue watching
Jul 14 InBev to Buy Anheuser-Busch for $52 Billion By PBS News Hour The largest U.S. beer maker and American icon, Anheuser-Busch, accepted a $52 billion cash takeover offer from rival Belgium-based brewer InBev late Sunday after a month-long standoff. Continue reading
Apr 15 Watch Proposed Delta-Northwest Merger Raises Questions for Airline Industry A proposed Delta-Northwest airline merger comes at a tumultuous time for an airline industry facing high fuel prices and questions over safety procedures. An airline analysts describes the possible implications of the mega-merger and whether consumers will benefit. Continue watching
Apr 15 Pilots Could Prove Obstacle to Airline Mega-Merger By PBS News Hour To combat rising fuel prices and other economic woes, Delta and Northwest airlines have agreed to a merger that would create the planet's biggest carrier, a move that could prompt similar proposals in the troubled industry. Continue reading
Aug 03 Watch AOL to Offer Free Services as Part of Company Restructuring In an effort to take advantage of the "explosive rise in broadband use and online advertising," Time Warner's Internet arm, AOL, plans to offer free e-mail and other services as it moves away from its dial-up Internet service and cuts… Continue watching
Feb 28 Department Stores to Merge in $11 Billion Deal By PBS News Hour Federated Department Stores Inc., parent to high-end retailers Bloomingdale's and Macy's, is buying rival May Department Stores Co. for $11 billion in cash and stock, the companies announced Monday. Continue reading
Jan 28 Procter & Gamble, Gillette Look to Merge in $57 Billion Deal By PBS News Hour In a $57 billion deal, Procter & Gamble Co. announced Friday it plans to buy Gillette Co., creating the world's largest consumer-products business. Continue reading