- Ford Said to Plan End of Neglected Mercury After Seven Decades Ford Motor Co. is preparing to wind down the Mercury line, created in 1939 by Edsel Ford, after sales plunged 74 percent since 2000, said two people familiar with the plan.
- BP Pressured Rig Worker to Hurry Before Disaster, Father Says The highest-ranking crew member to perish aboard the Deepwater Horizon drilling rig warned his family that BP Plc was pressuring him to sacrifice safety for the sake of time and money, his father said.
- Pequot Trading Probe Could Yield $1 Million Bounty for Ex-Wife The ex-wife of a former Microsoft Corp. employee could be eligible for a $1 million bounty for helping U.S. regulators impose one of the largest-ever insider trading fines.
- Euro's Decline Buoys Export-Driven Rebound as Austerity Aids Europe “The crisis is over.”
- Prudential Investor Neptune Says 20% May Vote Against Takeover of AIG Unit Prudential Plc jumped in London trading as investors owning as much as 20 percent of the U.K. insurer plan to vote against the $35.5 billion takeover of American International Group Inc.’s main Asian unit, according to Neptune Investment Management Ltd.
- Harbinger to Expand in Africa as Miners Flock to Last `Resource Frontier' Harbinger Capital Partners LLC, the U.S. hedge-fund firm run by billionaire Philip Falcone, plans to boost investment in African resources as commodity companies compete for some of the world’s biggest mineral deposits.
- Melanoma Drug Unleashing Immune System Seen as Bristol Cancer Breakthrough For more than three decades, scientists have dreamed of unleashing one of nature’s most powerful inventions, the human immune system, to treat cancer.
- Cholesterol Pill's Blockbuster Potential Spurs Karo Bio's Shortcut Search A Swedish pharmaceutical company with no products on the market is hatching a drug-testing shortcut to catapult its experimental cholesterol pill into a potential $1.3 billion-a-year seller.
- Blankfein Emulates Buffett as No. 48 Among Wall Street's Highest-Paid CEOs Wells Fargo & Co.’s board of directors had a busy final week of 2009. On Dec. 23, the San Francisco-based lender returned to the Treasury the $25 billion it had borrowed under the U.S. government’s Troubled Asset Relief Program. That freed the bank from the Treasury’s rules on executive pay.
Bloomberg Daily News 28th May 2010
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