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Business - Top Stories latest news

Business - Top Stories latest news




Icahn: Ready to Pounce on Yahoo
The billionaire investor is poised to propose a slate of directors to replace Yahoo's board, but will Microsoft take the bait?
BusinessWeek Thursday, May 15, 2008

Oil Traders Draw Congress' Ire
Capitol Hill is taking aim at what some see as rampant speculating. But the U.S. can't control a complex, sprawling global oil market
BusinessWeek Thursday, May 15, 2008

Why more homeowners aren't getting help
Drowning in a mortgage you can't afford? Whether or not you get a new one will be decided by someone you've probably never met at a company whose role is barely visible: the mortgage servicer.
CNN Money Thursday, May 15, 2008

UN: Most schools ravaged in Myanmar's cyclone zone
Children in Myanmar may be forced to attend school in relief camps and tents because 85 percent of the educational buildings have been destroyed or damaged in a cyclone-ravaged region, the U.N. said Wednesday. With the school year slated to begin June 1,...
San Francisco Chronicle Thursday, May 15, 2008

Myanmar says military-backed constitution approved
Myanmar announced Thursday that a constitution critics say will cement nearly four decades of military rule was overwhelmingly approved in a referendum held while the country reeled from a devastating cyclone. The document was approved by 92.4 percent of the...
San Francisco Chronicle Thursday, May 15, 2008

Ask.com acquires Dictionary.com, other references
Ask.com has bought a stable of Internet reference sites that includes Dictionary.com in its latest effort to distinguish itself from online search leader Google Inc. and other much larger rivals. Besides Dictionary.com, Ask is picking up Thesaurus.com and...
San Francisco Chronicle Thursday, May 15, 2008

Housing rescue stokes partisan split
The momentum behind congressional efforts to let the government offer more aid to struggling homeowners has hit stiff resistance.
CNN Money Thursday, May 15, 2008

Sony shares jump after profit forecast
TOKYO (Reuters) - Shares of Sony Corp soared 9 percent to their highest in two and a half months on Thursday after it forecast an unexpectedly big operating profit this year as it aims to boost flat TV sales and wipe away losses on the PlayStation 3 game console.
Reuters Thursday, May 15, 2008

How to thrive in a barren market
Some pundits insist that we're not in a bear market, since stocks have yet to lose at least 20% of their value. But they're missing the point. Investing in equities in the past decade has been akin to being marooned on a desert island.
CNN Money Thursday, May 15, 2008

Market Place: Merrill Tries to Temper the Pollyannas in Its Ranks
Merrill Lynch unveiled a new system for rating stocks that suggests wall street finally may be mustering up its courage to say "sell" more often.
The New York Times Thursday, May 15, 2008

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