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Tuesday, May 8, 2007 (PARIS)
Reuters Chief Executive Officer Tom Gloce.
AP Photo/Reuters Group PLC
Reuters Chief Executive Officer Tom Gloce.
Thomson offering $17.5 billion for Reuters

A merger would create a significant rival to Bloomberg, the current leader in providing financial information.
Wall Street Journal held news of Murdoch's bid
Media companies have appeal if linked to Wall Street
Chevron seen settling case on Iraq oil

Chevron is preparing to acknowledge that it should have known oil kickbacks were being paid to Saddam Hussein.
Alcoa makes a hostile bid for Alcan

The success of Alcoa's hostile $27 billion takeover offer for the rival Alcan of Canada may rest as much with politicians as investors.
Wall Street Journal held news of Murdoch's bid

Rupert Murdoch told the newspaper's top editor about his offer for Dow Jones days before it was made public.
Icahn loses bid to gain seat on Motorola board

The billionaire financier Carl Icahn had used his campaign to criticize Edward Zander's performance as chief executive.
European officials offer a deal to get Wolfowitz to leave World Bank

The Europeans have signaled that they are willing to let the United States choose the bank's next chief, but only if Wolfowitz steps down soon.
Economists asking: Is it time to revalue the yuan?

China's foreign exchange reserves and trade surplus are expanding so fast that some economists say a U-turn in policy, though unlikely, can no longer be firmly dismissed.
Former associate testifies Black was kept informed

F. David Radler portrayed himself as a close partner of Conrad Black who did not make a major move without talking with him.
Second chemical eyed in Chinese pet food scandal

Cyanuric acid, an industrial chemical used in the United States to disinfect swimming pools, is often added to animal feed in China, producers said.
Restaurateur to the stars sued by ex-waiters

Michael Chow, the owner of two high-profile New York restaurants, "utilized degradation as a management technique," a lawsuit alleges.
Ethanol makers look to grass, citrus, even trash

Companies are trying to find cost-effective ways to make fuel from plants or plant waste.
Trading blame for implosion in subprime mortgages

Lenders in California say big investment banks encouraged and pushed them to make risky loans. Wall Street executives say lenders became sloppy and did not pay enough attention to fraud.
Japanese investors see Vietnam as a sure bet

Driven by low interest rates at home, Japanese are entering Vietnam's nascent stock market as an alternative to investing in China and India.
Johnson & Johnson's heart stent fails trial, derailing U.S. plans

Hopes for an early return on the recent $1.4 billion acquisition of Conor Medsystems were dashed by the failure of Conor's stent design.
Thailand approves 'stopgap' limits on retail chain expansion
Fox near deal to acquire fast-growing Photobucket
Sun Microsystems to update Java for cellphones
Lawsuit by Greg LeMond alleges malfeasance at Rocky Mountain ski club
Selling oil is easier than investing ethically, Norway finds
Media companies have appeal if linked to Wall Street
In bid for icon, Murdoch may have eye on posterity
For the rural poor, cellphones come calling
EU and South Korea opening free-trade talks
3-D printers take aim at the home market
Does it matter anymore if the U.S. has a cold?
Taiwan plans to tax overseas earnings
Chávez of Venezuela jabs at banks and a steelmaker
Murdoch practices his art of seduction, again
The fashion designer Marciso Rodriguez finds a savior, with help from his friends
Asia's poor and its rich clash at bank meeting
The news isn't all bad in Florida real estate
Malaysian government backs pipeline project
EU predicts faster growth and lower unemployment
About.com buys product review Web site
Military seeks ideas from technology start-ups
In Italy, it's harder than it looks to trash reality TV
Audio books getting new respect from publishers
Asian nations agree to pursue pooling arrangement to avert currency crises
Microsoft and Yahoo enter talks to combat Google
Read all about it: "Old" media is hot again
German metal and engineering industry averts strike
Private equity groups offer €12.8 billion for Altadis
Spotlight: Monique Barbut of the UN Global Environment Facility
Murdoch, a loyal subscriber, pledges editorial noninterference for the Wall Street Journal
Investment banker for Credit Suisse arrested for insider trading
Wolfowitz offers another defense at World Bank
Italy grappling with reality of TV culture
ABN AMRO's sale of LaSalle blocked by a Dutch court
GM profit falls 90 percent
Compromise reached on European roaming fees
Next venture from Martha Stewart: Groceries
Mergers & acquisitions, IPO's, and more.
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News from AP

Marketplace by Bloomberg
BAE Systems buys U.S. armor specialist
It has been a tough first two months for the new chief at Bank of Montreal
Teva is said to bid €4.5 billion for Merck's generic-drug unit
Election of Sarkozy produces instant winners on French stock market
Porsche makes low offer for VW shares, gets low-key response
Is strong pound eating into U.K. corporate profits?
Basic resource stocks lead indexes higher
Takeover news keeps Wall Street buoyant
Asian stocks rise on signs of strong earnings
U.S. Treasury prices steady before sales
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