Staff / TruthdigJul 14, 2008
For $52 billion, Belgian beer giant InBev will gain control of Anheuser-Busch, the mighty producer of Bud Light and Budweiser, America's #1- and #2-selling beers, respectively. In one swoop, the Euro brewery secures half the U.S. market. Dig deeper ( 1 Min. Read )
Staff / TruthdigApr 15, 2008
As airlines around the globe struggle to navigate through tough times for the industry, Delta Air Lines Inc. and Northwest Airlines Corp. have come up with their own possible solution. By Tuesday, the two companies had reached an agreement to join forces and create Delta, the world's biggest airline. Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 17, 2008
The mortgage crisis has claimed another corporate victim. Bear Stearns, one of the largest financial institutions in the world, has been bought for a piddling $236 million. The company was valued at $3.5 billion just a few days ago, and $20 billion a little more than a year ago. Dig deeper ( 1 Min. Read )
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Staff / TruthdigFeb 14, 2008
Having just rebuffed a $42.1-billion offer from Microsoft, Yahoo Inc. has another suitor: Rupert Murdoch's News Corp. Although Murdoch is rich, he's not Bill Gates rich, and MySpace, which is supposed to entice Yahoo into the deal, is so 2007. Murdoch detractors, therefore, should take pause, but not panic. The most popular news site on the Internet and Yahoo's many other properties remain impartial, for now. Dig deeper ( 1 Min. Read )
Eugene Robinson / TruthdigJul 24, 2007
Could the veteran of rough-and-tumble tabloid journalism with dubious ethics be the only appropriate buyer for the fabled newspaper? Dig deeper ( 3 Min. Read )
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