For Housing, ‘Hope’ Is a Four-Letter Word

President Bush quietly signed the Housing Bill into law Wednesday morning. Like Secretary Paulson’s covered bond initiative, the legislation is likely to be, at best, a small step in the long road to recovery of the housing market. …

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Refried Beans

A U.S. appeals court decision to revive antitrust proceedings against Whole Foods Market’s takeover of rival Wild Oats may be too little too late to resurrect the organic market, but that might not be the point. S&P points out that Wild Oats is being quickly digested. The appeals court rejected Whole Foods’ argument that the […]

Under attack? Grab a poison pill

Republic Services Inc’s move to adopt a poison pill to ward off unwanted suitor Waste Management Inc typifies the recent jump in such defensive tactics by companies under attack.
Republic, the third-largest U.S. trash hauler, adopted a poison pill, or shareholder rights plan, on Monday to thwart “disruptive and coercive” acquisition tactics. Republic had agreed to […]

Sirius XM: Are you ready for some radio?

The marathon satellite merger for Sirius and XM is finally complete. (Check out the new “Sirius XM Radio” logo, above, provided by Sirius.)
That means new channel options, new pricing options, new radios — eventually.
We want to know if you care. Does the prospect of having Oprah and Howard Stern on your radio make […]

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