Church of England Opposes Murdoch Bid for BSkyB

Rupert Murdoch may face opposition from a higher power in his bid to take full control of British satellite TV provider BSkyB.

The Church of England said that it opposes News Corp.’s (NWS) plans for BSkyB, saying that such a deal would allow News Cor…

Coty to Purchase Philosophy for $1 Billion

Perfume maker Coty Inc agreed to buy Philosophy Inc., a maker of personal care products, for about $1 billion.

Philosophy is currently owned by private equity company Carlyle Group, Reuters said.

Philosophy focuses on skin products, fragrance, bath…

Hewlett-Packard Fiscal 4Q Profit Beats Estimates

Hewlett-Packard’sfiscal fourth-quarter profit rose 5.2% as the world’s biggest computer maker saw increased demand for high-margin products such as servers and networking and storage equipment that offset lackluster consumer de…

Honda May Be Investigated for 2005 Accord Hybrid Accident

Honda Motor may be the subject of a National Highway Traffic Safety Administration investigation because of possible acceleration problems with its Honda Accord Hybrid that may have caused a 2005 crash that killed one person.
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