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Celera, Quest Diagnostics Merger

Celera Stock Hits New High On Quest Diagnostics Merger

Shares of Celera Corp. (NASDAQ: CRA) touched a new 52-week high of $8.42 on Friday, as it agreed to be acquired by Quest Diagnostics Inc. (NYSE: DGX) for $8 a share or about $344 million in cash, net of $327 million in acquired cash and short-term investments.
File photo of New Jersey Governor-elect Christie greeting supporters before delivering his victory speech in Parsippany

New Jersey governor wants reform of teacher ratings

New Jersey Governor Chris Christie on Thursday recommended teachers be rated on the basis of student performance, adding to the debate over job evaluations as states look to layoffs to address budget gaps.
General Motors

U.S. judge to approve plan that pays GM creditors

A federal judge said on Thursday he would approve the bankruptcy plan for Old GM, wrapping up one of the most complex Chapter 11 cases in U.S. history and paving the way for a distribution of General Motors stock and warrants to creditors.
A man leans against a wall to read his newspaper before entering the subway in Grand Central Station in New York

Manhattan loses jobs as outer boroughs grow: study

Manhattan lost nearly 110,000 jobs from 2000 to 2009 while its outer boroughs were gaining jobs, thanks to the growth of two sectors, education and healthcare, a think tank's report said on Wednesday.
Anthony Hugs his Potential Knicks Teammate Stoudemire

Knicks Remain Suitors for Anthony

Despite the reported deal between Carmelo Anthony and the New Jersey Nets, the New York Knicks remain active in trade talks to acquire the Nuggets forward.
IBTimes Logo

Sony Stops One Hacker, But Others Appear

Sony Computer Entertainment America won a preliminary injunction against a hacker who publicized a method for allowing Playstation 3 consoles to install non-Sony operating systems. But others might still tinker with their machines.

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