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Last Update: 11:12 AM HKT

News Corp. Withdraws Newsday Bid

May 12, 2008 @ 9:14PM HKT
News Corp. Withdraws Newsday Bid

Rupert Murdoch's News Corp. has withdrawn its bid to buy Tribune Co's Newsday newspaper, the Wall Street Journal reported on its website on Saturday, citing people familiar with the matter.

Diageo brews $1.25B Irish overhaul
By Shawn Pogatchnik

Guinness beer owner Diageo PLC rattled an Irish icon Friday, announcing plans to lay off more than half of its brewery workers, close two breweries and shift most production to a new, high-tech plant ... (May 11, 2008 10:00AM)

Study of 'Daily Show': It's a lot like O'Reilly
By David Bauder

A journalism think tank studying "The Daily Show" doesn't believe many people get their news from Jon Stewart — because otherwise they wouldn't get the jokes. (May 10, 2008 6:00AM)

'CSI' star Gary Dourdan charged with felony drug possession

CSI" co-star Gary Dourdan has been charged with felony possession of heroin, cocaine and ecstasy stemming from his arrest last month, prosecutors said. (May 10, 2008 6:00AM)

Hong Kong Metal domestic export value up 56.3%

Hong Kong's six major industries accounted for 77% of the city's total domestic export value in the first quarter, with the domestic export value of basic metals and fabricated metal product... (May 10, 2008 4:13AM)

Stryker reveals $50 Million Investment on Quality, Compliance

Stryker Corp. said today it will invest $50 million in 2008 to improve its quality systems and compliance at the time it deals with three warning letters from the U.S. Food and Drug Administration. (May 09, 2008 8:40PM)

Mylan 1Q Profit Slumps on Charges

Mylan Inc. manufacturer of generic pharmaceutical products said on Thursday an extended first quarter loss and a large increase on its revenue triggered by the purchase of Merck KGaA in October. (May 09, 2008 8:37PM)

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