Aug 31 2010

PerkinElmer Sells Unit for $500 Million

PerkinElmer, which sells diagnostic and analytical equipment and services, has agreed to sell its illumination and detection solutions business to Ventas Capital Fund III, a New York-based private equity firm for $500 million in cash. Illumination and detection was part of PerkinElmer’s environmental health business, which accounts for 60 percent of the company’s $1.8 billion [...]


Aug 31 2010

Government Appeals Ruling Blocking Stem Cell Research Funding

The Obama administration filed papers Tuesday to block a court ruling preventing use of government funds for embryonic stem cell research. “The government is seeking a stay of the court’s injunction to prevent the irreparable human and financial harm that could occur if these life-saving research projects are forced to abruptly shut down,” Justice Department [...]


Aug 31 2010

Staff Losses and Dissent May Hurt Panel

With less than four months left to complete its work, the group appointed by Congress to examine the causes of the financial crisis has been hampered by an exodus of senior employees and by internal disagreements that could hinder its ability to produce a report the entire commission could support, Sewell Chan and Eric Dash [...]


Aug 31 2010

Staff Losses and Dissent May Hurt Panel

With less than four months left to complete its work, the group appointed by Congress to examine the causes of the financial crisis has been hampered by an exodus of senior employees and by internal disagreements that could hinder its ability to produce a report the entire commission could support, Sewell Chan and Eric Dash [...]


Aug 31 2010

Staff Losses and Dissent May Hurt Panel

With less than four months left to complete its work, the group appointed by Congress to examine the causes of the financial crisis has been hampered by an exodus of senior employees and by internal disagreements that could hinder its ability to produce a report the entire commission could support, Sewell Chan and Eric Dash [...]


Aug 31 2010

Staff Losses and Dissent May Hurt Panel

With less than four months left to complete its work, the group appointed by Congress to examine the causes of the financial crisis has been hampered by an exodus of senior employees and by internal disagreements that could hinder its ability to produce a report the entire commission could support, Sewell Chan and Eric Dash [...]