Lilly to Buy ImClone for $6.5 Billionmore similar news »
The bid by Lilly for the biotechnology company beat out an offer from Bristol-Myers Squibb, which markets ImClone’s cancer drug Erbitux in the United States along with ImClone.
Fed Takes Steps Under Bailout Billmore similar news »
The Federal Reserve said that it would begin paying interest on commercial banks’ reserves and would expand its loan program to squeezed banks by billions of dollars.
Metrics: A Snarl of Regulationmore similar news »
Who’s to blame for the implosion of financial markets? The finger-pointing has gone in every direction, and it’s easy to see why: the regulatory structure points in every direction.