Stocks tumble amid news of a proposed $60 billion acquisition by drug giant Pfizer Inc. Pfizer CEO Hank McKinnell talks about his company's $60 billion deal with Pharmacia — a move that will create the largest pharmaceutical company in the world.

• PricewaterhouseCoopers LLP Chief Executive Sam DiPiazza discusses a new proposal to create a three-tier structure for corporate reporting, including global accounting standards. Is this the answer to curbing corporate greed, or are more drastic measures necessary?

Michele Girard of Prudential Financial on the Euro: The new currency is fast reaching parity with the U.S. dollar. What does this mean for America and Americans travelling abroad?

• Allen Iverson, NBA superstar for the Philadelphia 76ers faces gun charges and — if convicted — possible jail time. But Reebok, one his biggest supporters, isn't backing away from the troubled athlete. According to Merrill Lynch, Reebok earns between $125 million and $150 million on Iverson's name and image. Wise move or risky business?

We'll also have the latest on Martha Stewart, Adelphia, Worlcom, San Waksal... and more

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