Latest News

published ~2 hours ago from: Mergers and acquisitions

Microsoft CEO rules out another Yahoo takeover bid - AFP

NEW YORK (AFP) — Microsoft Corp. chief executive Steve Ballmer on Wednesday ruled out making another takeover bid for Yahoo but said the US software giant ...

published ~2 hours ago from: market news

Target shareholder revises real estate proposal - Houston Chronicle

By ANNE D'INNOCENZIO AP Retail Writer © 2008 AP NEW YORK - Investor William Ackman offered some tweaks Wednesday to his plan aimed at increasing the value of Target Corp.

published ~2 hours ago from: commodities

Korean dry cleaners in Atlanta sue gas marketer - Atlanta Journal Constitution

It battered the infrastructure needed to pipe natural gas from the coast. Wholesale natural gas prices soared in response. According to the lawsuit, ...

published ~2 hours ago from: market news

FOMC sees yearlong recession, minutes show - MarketWatch

By Rex Nutting, MarketWatch WASHINGTON (MarketWatch) -- Federal Reserve policymakers now expect the US economy to contract for as much as a year, with the risk that the slowdown could persist for even longer

published ~2 hours ago from: market news

EHarmony to offer same-sex matches after New Jersey settlement - Los Angeles Times

The Pasadena-based dating website, heavily promoted by Christian evangelical leaders when it was founded, has agreed in a civil rights settlement to give up its heterosexuals-only policy and offer same-sex

published ~2 hours ago from: market news

Airlines fall; business travel slumps in September - MarketWatch

By Christopher Hinton, MarketWatch NEW YORK (MarketWatch) -- Airline stocks got thumped Wednesday, pressured in part by industry data that showed an accelerating drop in international business travel.

published ~2 hours ago from: market news

The US Economy Doesn't Need GM - Forbes

How significant would it be to the economy? Emotionally, we may feel General Motors (nyse: GM - news - people ) represents a pillar of our economy and ...

published ~2 hours ago from: market news

Limited's 3Q Net Falls 66% On Prior-Year Gain, Falling Sales - CNNMoney.com

Limited Brands Inc.'s (LTD) fiscal third-quarter net income fell 66% from a year earlier, when the company recorded a gain and higher sales.

published ~3 hours ago from: market news

Washington bank stocks slammed in Wednesday trading - Bizjournals.com

Beset by bad news, including record declines in consumer and housing prices, the Dow Jones industrial average dropped 427.47 points, or 5.07 percent, to close at 7997.28.

published ~3 hours ago from: market news

Mortgage aid falls short, Bush admin official says - Forbes

By ALAN ZIBEL , 11.19.08, 05:17 PM EST Two government programs designed to help hundreds of thousands of delinquent borrowers avoid foreclosure are having negligible effects, a top Bush administration official