Regulatory News

Artificial pancreas just years away, experts agree 10:25am EDT

BETHESDA, Maryland (Reuters) - Researchers working on an artificial pancreas believe they are just a few years away from a nearly carefree way for people with diabetes to monitor blood and inject insulin as needed.  Full Article

 
CORRECTED - CORRECTED-UPDATE 3-US regulators seize two more banks 7:15am EDT 

(Corrects percentage in fourth paragraph to .03 percent, not 0.3, as sent earlier)  Full Article 

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Cox Enterprises is buying online advertising firm Adify for at least $300 million -- not a bad multiple on expected 2008 revenues of $35 million.  Go to Blog 

 
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PhotoThese guys were supposed to be the straight arrows.Photo
- A source close to Bank of America on the dramatic collapse of energy trader SemGroup LP, which filed for bankruptcy after suffering $3.2 billion in losses on energy futures and derivatives trades
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Shrinking market sends Japan Inc buying abroad Thursday, 3 Jul 2008 10:53am EDT

TOKYO (Reuters) - Japanese companies are turning increasingly to overseas acquisitions to drive growth, buy technology and build market share, spurred by a stagnant domestic economy, shrinking population and largely unburdened by subprime credit damage.  Full Article 

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