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Buffett Always Planned to Give Away His Billions
"I'm not an enthusiast for dynastic wealth," said Warren Buffett, explaining his decision to donate about $37.4 billion.

G.M. to Switch Ad Agency for Cadillac
For the first time in four years, G.M. is changing the main advertising agency for one of its principal car brands.

Phelps Dodge Announces Deal to Buy 2 Big Nickel Miners
If it passes anti-trust reviews the deal would create a mining behemoth that will reshape the industry as commodity prices continue to rise.

Arcelor Deal With Mittal Establishes Steel Giant
The world's two largest steel companies have agreed to merge in a deal valued at more than $33.5 billion.

Johnson & Johnson Agrees to Deal for Pfizer Unit
Johnson & Johnson will acquire the maker of brands like Listerine and Sudafed for more than $16 billion.

Phelps Dodge Buys 2 Big Nickel Miners
The world's largest copper producer said today that it had agreed to acquire two of the biggest nickel miners.

Inquiry Clouds Future for a Hedge Fund Survivor
Arthur J. Samberg is a hedge fund survivor, but he is facing his biggest challenge yet — an S.E.C. inquiry into possible insider trading.

What if They Built an Urban Wireless Network and Hardly Anyone Used It?
Ninety percent of those in Taipei, Taiwan, can access its wireless network, but just 40,000 of 2.6 million residents pay to use it.


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