Category: Business

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  • Watson Pharmaceuticals Buys Arrow Group for $1.75bn

    Image: Pharmer.org Watson Pharmaceuticals acquired Arrow Group for $1.75 billion in stock and cash today. The deal is the latest in a wave of pharmaceutical company mergers and acquisitions. Bloomberg has more: Watson Pharmaceuticals Inc. agreed to buy closely held Arrow Group for $1.75 billion in cash and stock, gaining more than 100 generic medicines. […]

  • SEPTA Removes Hilarious Hoax Signs

    Image: DesignPhiladelphia Pranksters slipped face “Notice to the Public” signs into Philadelphia’s Frankford-Market El regional train yesterday. (See above for an example of a sign.) The Philadelphia Inquirer has more: One or more hoaxsters – or jokesters – started posting the signs as early as last week, SEPTA spokesman Andrew Busch said. Soon, pictures of […]

  • 10 Ways to Stay Marketable When You’re Out of Work

    Out of work? That doesn’t mean you’re also out of opportunities. Any single one of the ten methods below will help you stay marketable. If you try all ten suggestions, you’ll dramatically increase your odds of landing a new job, client, or key relationship: 1. Take a class Classes help you build new skills, meet […]

  • Top 12 Indicators That The Economy Is Bad

    Received this in my email inbox today: 12. CEO’s are now playing miniature golf. 11. I got a pre-declined credit card in the mail. 10. I went to buy a toaster oven and they gave me a bank. 9. Hotwheels and Matchbox car companies are now trading higher than GM in the stock market. 8. […]

  • Ener1 Wants to Win Lithium Ion Battery Race

    Image: CarSpace Lithium ion battery manufacturer Ener1 (HEV) could become the country’s first lithium ion battery mass producer–if it wins a $480M Department of Energy loan. CNNMoney has more: Ener1’s newly opened production facility near Indianapolis could employ 3,000 workers. Like other renewable energy companies popping up in the Midwest, people are hoping Ener1 can […]

  • Amherst Holdings Throws an Unwelcome Curveball at Wall Street Banks

    Amherst Holdings, a small Austin-based brokerage house, executed a CDS trade that ended up losing big banks, including JP Morgan Chase and Bank of America, tens of millions of dollars. Now, the big banks are trying to cry foul. The Wall Street Journal has the story: Believing the securities would become worthless, traders at J.P. […]

  • Bakery Fined for Dead Mouse in Bread

    A man in Ballymoney, Ireland found a whole dead mouse inside a loaf of bread in late 2007. Now, a court has fined the bakery £1,000 plus additional fines. The BBC has more: North Antrim Magistrates Court heard how a man purchased a Hyndman’s malt loaf from a supermarket in the Ballymoney area before Christmas […]

  • 5 Ways To Make Money Off Your Pets

    With the market in the gutter, job skills alone won’t bring home the bacon. If you haven’t started looking around for supplemental income, maybe it’s time to start. You could sell the couch, downgrade your appliances, and quit your Saturday drinking habit, but that still doesn’t amount to steady pennies in the bank. What if […]

  • Intel to Purchase Wind River Systems for $884 Mil

    In a move to diversify, Intel will acquire embedded software company Wind River Systems for $884 million, or common stock at $11.50/share. TechCrunch has more: Intel said today that it plans to acquire Wind River Systems, maker of software for embedded devices – think smartphones, other consumer electronics devices, in-car “info-tainment” systems, networking equipment and […]

  • One Reason to Hate Bing

    Microsoft released Bing, its new search engine, today. If you have doubts about the new product, you’re not alone. Here’s one good reason to hate Bing.