General Motors is looking to dump its share of Isuzu. This marks an almost complete pull-out from Japan -- they had big investments in Suzuki and Fuji (Subaru), but have sold all or most of them. But right now what they need is cash.
Estee Lauder is about to get hit with a class-action for alleged channel stuffing last year, according to this law firm's press release: "... defendants launched a largely successful campaign that employed channel stuffing and the dissemination of materially false statements to prop up ... the Company's share price."
Alcatel is buying Lucent. The merger will give Alcatel a significant presence in the US: "With about one-third of revenues coming each from North America, Europe and Asia ... the new company will have a geographic reach few competitors could match, likely forcing other mergers."
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