Publicis Groupe, which owns Saatchi & Saatchi, will Microsoft's Razorfish advertising agency for $530 million in cash and stock. Razorfish will operate under its own…
Communications Media has paid an undisclosed amount to acquire interactive advertising agency Singularity Design. Jeff Greenhouse, Singularity’s founder, will continue to run the firm from…
Foundation Coal Holdings reports that its Central Appalachian affiliates cut 60 jobs due to reduced demand. The Linthicum Heights, Maryland-based coal mining company said the…
M&T Bank is completing its buyout of Baltimore, Maryland's Provident Bankshares, and will cut 520 Provident jobs. The laid off employees will get first crack…
Wells Fargo is firing 150 employees in its investment banking & capital markets unit, after purchasing Wachovia's investment banking business. Half the cuts will take…