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Motorola said Friday that Ed Zander will step down as chief executive on Jan. 1 after months under pressure for the sharp decline of the company's once-hot cell phone business. ...more
December 1, 2007
When a buyout shop chooses to pay $100 million just to walk away from a committed deal, that tells you how deep today's financial crisis is running. ...more
November 24, 2007
Bonnie Brown was fresh from a nasty divorce in 1999, living with her sister and uncertain of her future. On a lark, she answered an ad for an in-house masseuse at Google. She was offered the part-time job, which started out at $450 a week but also included a pile of Google stock options. ...more
November 18, 2007
Tampa Electric Co. said today that it has dropped plans to build a $2 billion coal gasification plant in Polk County, citing regulatory uncertainty and potentially high costs for equipment to lower carbon dioxide emissions. ...more
October 4, 2007
Facing a hostile takeover by rival AirTran Holdings, Midwest Air Group contacted several companies to persuade them to buy the airline instead, according to new regulatory filings. ...more
September 28, 2007
Mortgage insurer MGIC Investment Corp. abandoned its $5 billion bid to buy rival Radian Group on Wednesday, saying it was in each other's best interest to concentrate on surviving in the faltering mortgage industry. ...more
September 6, 2007
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