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Yesterday, Ameritrade Holding Corp. announced that it plans to acquire its competitor, TD Waterhouse USA, from Toronto-Dominion Bank.
Just two weeks after the Supreme Court ruled that state medical-marijuana laws could not supercede federal legislation, federal agents launched a giant buzz-kill as they raided three medical-marijuana clubs and 20 homes and businesses.
The Chinese National Offshore Oil Company (CNOOC) put in an unsolicited $18.5 billion bid for Unocal, challenging Chevron's April move to acquire the oil company. Neither is a done deal and this marks China's continued assertion into corporate hardball.
In a testimony to the U.S. Senate Finance Committee, Federal Reserve Chairman Alan Greenspan and Treasury Secretary John Snow advised against tariffs against China.
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