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Yahoo to Reject Microsoft Bid Yahoo's board plans to reject Microsoft's unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says. |
| Yahoo+to+Reject+Microsoft+Bid |
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Tentative Deal Seen for Writers The Writers Guild of America said in a letter to its members overnight that it had reached a "tentative deal" for a new three-year contract with the major Hollywood studios and television networks. (Text of letter) |
| Tentative+Deal+Seen+for+Writers |
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Chrysler: Dealers Must Consolidate Chrysler's president prodded dealers to start consolidating on their own as the auto maker moves to shrink its product portfolio in an effort to improve profitability. |
| Chrysler:+Dealers+Must+Consolidate |
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Chrysler Plans to Cut Models, Dealers Chrysler is laying out plans to nearly halve the number of models in its product line and significantly reduce the number of dealers selling its cars, company officials told dealers in meetings recently. |
| Chrysler+Plans+to+Cut+Models,+Dealers |
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Next Up for Raters: SEC Rules? The SEC is considering rules requiring credit-ratings firms to disclose the accuracy of past ratings. This is the first indication of how the industry might be regulated in the wake of the subprime crisis. |
| Next+Up+for+Raters:+SEC+Rules? |
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GM Chief Opposes State Emission Limits General Motors' chief is urging auto dealers to lobby against individual states from forming their own limits on vehicle greenhouse gas emissions, saying the federal regulation already will be tough to meet. |
| GM+Chief+Opposes+State+Emission+Limits |
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Dell Takes a Step Back From AMD Dell will stop selling most consumer PCs powered by AMD chips through its popular Web site. The move is a setback for AMD, which spent years convincing Dell to modify its longtime strategy of using only Intel chips. |
| Dell+Takes+a+Step+Back+From+AMD |
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Delta, Northwest Look for Synergies Delta and Northwest are trying to build a common labor pact for pilots prior to completing a merger deal. |
| Delta,+Northwest+Look+for+Synergies |
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Alcatel Woes Deepen on Wireless Alcatel's $3.65 billion write-down on what was supposed to be one of its key wireless technologies raises concerns that the company overpaid for Lucent. |
| Alcatel+Woes+Deepen+on+Wireless |
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Wholesale Inventories Build Up Wholesalers' inventories rose 1.1% in December, the highest rate in more than a year, as sales plunged, a worrisome sign that unsold goods were piling up on shelves as the economy braked. |
| Wholesale+Inventories+Build+Up |