Daimler Benz Eyes Nissan Diesel Tie Up in Japan
Daimler Benz plans a potential collaboration with Nissan Motor Co and Nissan Diesel Motor Co as it negotiates to acquire a controlling stake in Nissan Diesel. Nissan Motor owns 39.8 percent of Nissan Diesel, the smallest of Japan’s 11 vehicle makers, amid Daimler’s broader Asia ambitions and Chrysler acquisition.
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Daimler Benz to Take Major Stake in Chrysler Control
Daimler Benz to control 57 percent of Chrysler in a move seen as extending an emerging cooperative relationship. Talks may expand to Nissan Diesel and Nissan Motor, with possible overseas plant utilization and a looming sale valued near 95 million dollars if Daimler buys Nissan Diesel stake. Nissan Diesel forecasts a $9 million pretax loss on $2.5 billion sales.
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Rivals irked as SBC Ameritech merger draws scrutiny
Federal Communications Commission chair Kennard said the SBC Ameritech merger will be examined closely to determine if it boosts competition or creates a non aggression pact. The deal valued at 56.6 billion could reshape long distance access and reduce the number of regional phone operators. SBC chief Whitacre forecast global operator status, while Ameritech expands European reach and SBC strengthens Latin American ties. The merger aims to cut costs by at least one billion and would affect about 57 million phone lines if approved.
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Caffeine concerns rise amid youth consumption trends
Experts and students discuss rising caffeine intake among youth, led by Mountain Dew and energy drinks. Reports link high caffeine use to anxiety, insomnia, and headaches, while health groups urge clearer labeling and moderation.
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