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Yahoo Inc. said Tuesday it will cut at least 10 percent of its work force and reported a 64 percent drop in third quarter net income to $54 million, or 4 cents a share, compared to $151 million, or 11 cents a share in the same period last year. (YHOO)

Apple Inc. Tuesday posted a 26 percent year-to-year jump in fourth quarter net income to $1.14 billion, or $1.26 a share, but forecast weaker earnings for the current quarter. (AAPL)

The Translational Genomics Research Institute has spun off its third company.

A retail project being developed at the site of former Dial Corp. offices has announced several tenants.

If efforts to plug the skills gap don't succeed, senior industry executives say oil companies' ability to tap new and challenging hydrocarbon resources fast enough to meet demand may have already have reached its limit.

CNOOC expects to reach a joint-venture deal with Petrobras to aid in developing the country's promising subsalt oil and gas deposits.

ConocoPhillips has reported third-quarter net income of $5,188 million, or $3.39 per share, compared with $3,673 million, or $2.23 per share, for the same quarter in 2007.

The presence of oil and gas in the Pan/Pandora prospect has been proven by StatoilHydro. The find is located south of the Visund field in the North Sea and represents the group's 20th find in 2008.

Oil prices tumbled below $67 a barrel to 16-month lows Wednesday after the government reported big increases in U.S. fuel supplies -- more evidence that the economic downturn is drying up energy demand.

Middle Tennessee health care executive Barbara Knuutila has been named the chief operating officer of Maristone Senior Living, a luxury assisted living developer.