The one bright spot in M&A in 2008 are drugmakers, where giant pharmaceutical companies are paying record amounts for biotechs to replenish their pipelines. (more)

Every city has one - a retail thoroughfare that houses the most exclusive stores. Real estate slowdown or not, these luxury corridors are still thriving - for now, at least. (more)

Once a dusty old family luggage business, Prada is now of haute couture's most influential voices. Here's a look at the label's top industry-shaping designs. (more)