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No amount of cajoling or coaxing made Yahoo accede to Microsoft’s demand for acquisition. Heartbroken, Microsoft has finally given up its plan to acquire Yahoo. It will instead tread a solitary path to achieve its goal of increasing its share in...
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AP, Washington
Outspoken billionaire investor George Soros on Sunday criticized U.S. and European officials for taking too long to effectively address the financial crisis.
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How far can it fall? People have been anxiously wondering as they watch the plunging stock market. But increasingly the same question is being asked about another...
made popular 3 hr. ago
AP, New York
The chaotic hour before Wall Street’s closing bell has never been for the faint of heart. These days, it’s been absolutely brutal.
made popular 4 hr. ago
AP, Washington
The World Bank agreed Sunday to help developing countries strengthen their economies, bolster their financial systems and protect the poor against the financial turmoil...
made popular 4 hr. ago
AP, New York
Investors agonizing over whether the stock market is bottoming out or about to continue its precipitous decline face more uncertainty this week as they await action on...
made popular 4 hr. ago
AP,
European leaders agreed to several measures _ German Chancellor Angela Merkel called them a “tool kit” _ that governments will be able to use to shore up...
made popular 4 hr. ago
AP, Ithaca
The thought of a driverless, computer-guided car transporting people where they want to go on demand is a futuristic notion to some.
made popular 7 hr. ago
AP, Washington
Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new...
made popular 7 hr. ago
AP,
Newspaper companies renegotiating debt agreements with lenders:
made popular 7 hr. ago
AP, Paris
France’s President Nicolas Sarkozy says countries that use the euro will temporarily guarantee bank refinancing to ease the credit crunch.
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AP, Paris
A draft declaration by euro-zone leaders says their governments plan to temporarily guarantee future loans among private banks to unlock frozen credit markets.
made popular 9 hr. ago
AP, Paris
A draft declaration by leaders of countries that use the euro currency says their governments would temporarily guarantee future bank debt to encourage lending and ease...
made popular 9 hr. ago
AP, Washington
Appealing for global unity in a time of crisis, Treasury Secretary Henry Paulson said Sunday that isolationism and protectionism do not offer a way to contain the...
made popular 10 hr. ago
AP, Washington
The government’s plan to make sure private managers of a $700 billion bailout plan are free of conflicts of interest is weak, according to some critics, and...
made popular 13 hr. ago
AP, Washington
Global finance leaders are pledging cooperation between rich and poor nations to deal with a severe credit crisis after President Bush discussed the seriousness of the...
made popular Oct 12 2008
AP, Detroit
For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts.
made popular Oct 11 2008
AP, Washington
The International Monetary Fund says it strongly endorses a plan by rich countries to fight the global credit crisis.
made popular Oct 11 2008
AP, Washington
President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has...
made popular Oct 11 2008
As a country in the south Pacific, New Zealand is close enough to the big Asian economies to be strongly affected by developments there. Accordingly, Asian business is...
made popular Oct 11 2008
AP,
May 7, 1998: Stuttgart, Germany-based Daimler-Benz, the maker of the upscale Mercedes Benz, announces a $36 billion merger with Chrysler. The new company,...
made popular Oct 11 2008
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No, despite its previous statement that it has “moved on” after being rebuffed by Yahoo!, in reaction to billionaire investor activist Carl Icahn’s request of...
made popular Sep 8 2008
AP, San Francisco
Activist investor Carl Icahn doubts Yahoo Inc. seriously considered Microsoft Corp.’s $47.5 billion takeover offer, deepening his determination to oust the...
made popular Jun 3 2008
AP, San Franicsco
Yahoo Inc. co-founder Jerry Yang added the chief executive’s job to his work load last year, but his salary remained unchanged at $1 _ a token payment he has...
made popular Apr 29 2008
When Microsoft started hunting Yahoo in February, many assumed that the software behemoth would bag the company swiftly and efficiently. Yahoo seemed to be classic weak...
made popular Apr 11 2008
Microsoft’s bold bid to buy Yahoo! for $44.6 bn will certainly change the face of Internet however, only time will tell how far the marriage of two ailing Internet...
made popular Feb 1 2008
Yahoo Inc.’s woes don’t seem to end with the changing position, as its second-quarter profit slipped slightly while revenue growth remained lackluster....
made popular Jul 18 2007
Well, we missed out on this one released on 7th of this month. The human rights group Reporters Sans Frontieres or Reporters Without Borders has released its annual...
made popular Nov 10 2006
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