www.blackcorporateworld.com | Friday, May. 16, 2008  

Breaking News

Icahn to battle Yahoo to accept Microsoft bid (Reuters)
Reuters - Financier Carl Icahn launched a proxy battle on Thursday to force Yahoo Inc to reopen buyout talks with Microsoft Corp , saying the Yahoo board had acted "irrationally" in refusing its $47.5 billion offer.
Oil's fall, techs' gain drive stocks higher (Reuters)
Reuters - Stocks rose in light trading on Thursday, pushing the S&P 500 to its highest close since January, as a pullback in oil prices eased concerns about inflation and a battle to control Yahoo Inc helped the tech sector.
CBS to buy web publisher CNET for $1.8 billion (Reuters)
Reuters - CBS Corp said on Thursday it would buy web media company CNET Networks Inc for about $1.8 billion to boost the television broadcaster's reach across the Internet.
Berkshire holds no Ameriprise shares: SEC filing (Reuters)
Reuters - Berkshire Hathaway Inc (BRKa.N), billionaire Warren Buffett's investment company, no longer held any Ameriprise Financial Inc stock as of March 31, according to a U.S. regulatory filing on Thursday.

Icahn vows to lead Yahoo shareholder revolt

Billionaire investor Carl Icahn is setting out to oust Yahoo?s board of directors for ?unconscionable? actions that led Microsoft  to withdraw a $47.5 billion buyout offer.


Stocks end day higher despite downbeat data

Wall Street ended trading modestly higher Thursday after a batch of reports pointed to an economy that is hurting, but not experiencing as rough a time as many investors expected.


Some see oil bubble; others see trouble

Many analysts believe current record oil prices are a result of speculation and are certain to head lower. But others say they see no reason to expect a price crash.


Investigator Guilty in Hollywood Wiretapping Case

Anthony Pellicano was found guilty of using illegal tactics to gather information for rich and famous clients.

Icahn Proposes Dissident Yahoo Board

The billionaire investor and activist shareholder proposed a dissident slate of directors for the Yahoo board as he tries to force the company to restart talks to sell itself to Microsoft.

DealBook: CBS to Pay $1.8 Billion for CNET Networks

The deal for CNET is CBS?s biggest online acquisition since it hired Quincy Smith, a former media and technology investment banker, to lead its interactive unit in late 2006.

Defying President Bush, Senate Passes Farm Bill

The bill received far more than the two-thirds vote needed to override President Bush?s expected veto.

Judge Sides With Red Cross Over Trademark

Johnson & Johnson lost the second round in its trademark dispute against the disaster relief agency when a federal judge in Manhattan threw out most of the case.

Corporate Headlines

Icahn Takes On Yahoo Board

TD Ameritrade Names New CEO

RIM Preps Touchscreen BlackBerry

CBS Agrees to Buy CNET

GE to Shed Storied Appliance Unit

Latest Corporate News

1,200 people to have canceled health-care coverage restored

Icahn launches bid to take Yahoo board

Blog: What to do with your cash?

CBS agrees to buy CNET for $1.8 billion

News Corp. unit cleared of piracy in DISH suit

   

Business/Money

Will Upgrading Your Home Help You Sell It?

New Sites Make It Easier to Spy on Friends

Keep the Immigrants, Deport the Multiculturalists

The Neuroscience of Retailing

Medical School to Offer Free Tuition

Wall Street News

Economic Calendar with Volatility

Averaging Down

Economic Calendar with Volatility

Open Interest

May 1st Holiday (Europe and Asia)

   

Other Corporate Headlines

United, Continental said to be in alliance talks

U. of C. to create Milton Friedman Institute

Illinois unemployment rate dips

Stocks rise on oil price drop, mixed economic data

Icahn to Yahoo board: Sell to Microsoft or leave

More Corporate Headlines

5 financial stocks for the long term

Is ExxonMobil's future running dry?

Financial doom and other fairy tales

A double-dip downturn? Wait and see

 

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SCHOOLING DIVALEESHA
Divaleesha... that old saying is still true..why should a man buy the cow and have to care for it if he gets the milk for free?
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