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Business for Saturday, January 06, 2007

Biltmore Estate grows by building a national brand

ASHEVILLE, N.C. -- Merely running America's largest home -- a 1890s French Renaissance-style, 250-room chateau in the Blue Ridge Mountains of western North Carolina -- wasn't enough.

Germany's Merck buys Swiss drugmaker

GENEVA -- Serono SA said Friday that Germany's Merck KGaA has completed its share-purchase agreement with the Bertarelli family to take control of the Swiss pharmaceutical company.

Good news: Hiring, salaries up in December

WASHINGTON -- Ending 2006 on a positive note, employers boosted hiring and fattened workers' paychecks in December, capping a year in which the country's unemployment rate averaged a six-year low of 4.6 percent.

Home Depot CEO out in effort to turn things around

ATLANTA -- With Bob Nardelli gone as chief executive, the challenge facing Home Depot Inc. is to turn its stores back into the irresistible shopping destinations they were a decade ago -- making them more customer-friendly, with more knowledgeable employees, cleaner aisles and better stocked shelves.

FCC denies wireless carriers

WASHINGTON -- The Federal Communications Commission has denied all requests from cellphone companies who sought extensions to a federal mandate requiring enhanced 911 systems that allow emergency call centers to locate wireless callers.

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