May 19, 2013
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Yahoo CEO faces ouster
SAN FRANCISCO — Scott Thompson’s reign as Yahoo’s CEO is in jeopardy after just four months on the job because he allowed an inaccuracy about his academic credentials to recur for years. A major...
May 06, 2012 | 0 0 comments | 2 2 recommendations | email to a friend
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Sprint CEO Hesse cuts his pay by $3.25 million after complaints
NEW YORK — Sprint Nextel CEO Dan Hesse on Friday said he’s cutting his 2012 pay by $3.25 million after shareholder complaints about how his 2011 pay was calculated. Sprint’s board bases the CEO’...
May 06, 2012 | 0 0 comments | 2 2 recommendations | email to a friend
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Associated Press A Facebook worker smiles in February at Facebook headquarters in Menlo Park, Calif. Facebook's IPO is expected in a couple of weeks and will be the biggest ever for an Internet company.
Facebook IPO valued at $95 billion
NEW YORK — Facebook, the company that turned the social Web into a cultural and business phenomenon, is worth as much as $95 billion, according to the price range for its upcoming initial public of...
May 06, 2012 | 0 0 comments | 2 2 recommendations | email to a friend
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All-time top 10 IPOs for internet companies
Facebook is hoping to raise as much as $11.8 billion in an initial public offering of stock. It would be the largest IPO ever for an Internet company. Here are the top 10 so far, according to Renai...
May 06, 2012 | 0 0 comments | 2 2 recommendations | email to a friend
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Associated Press The price of oil plunged below $100 per barrel for the first time in more than two months after a weak U.S. jobs report. Motorists hope a drop in gasoline prices will follow.
Jobs report sends oil to biggest drop in 3 months
NEW YORK — The price of oil suffered its biggest one-day decline in nearly three months Friday, falling below $100 per barrel for the first time since February. A drop in gasoline prices can’t be f...
May 06, 2012 | 0 0 comments | 4 4 recommendations | email to a friend
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US stocks fall after conflicting economic reports
Wall Street gnawed on a muddle of economic data and corporate earnings news Thursday, then sent stock indexes lower for a second day. Disappointing April sales results from big retailers set the...
May 04, 2012 | 0 0 comments | 3 3 recommendations | email to a friend
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Associated Press A sign advertises a pending residential real estate sale. The economy's recovery is looking better but still has room for improvement.
US economy recovering but isn’t yet accelerating
WASHINGTON — The U.S. economy’s recovery looks enduring. It’s just not very strong. Hiring, housing, consumer spending and manufacturing all appear to be improving, yet remain less than healthy....
May 04, 2012 | 0 0 comments | 4 4 recommendations | email to a friend
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German court rules for Motorola on patents
BERLIN — A court in Germany ruled Wednesday that Microsoft infringed two patents held by Motorola, in a case that could affect sales of its popular Xbox 360 console and the Windows 7 operating syst...
May 03, 2012 | 0 0 comments | 2 2 recommendations | email to a friend
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Sears execs say stores financially strong
HOFFMAN ESTATES, Ill. — Sears executives tried Wednesday to ease concerns about the troubled retailer’s long-term outlook amid ever-sinking sales, emphasizing the company’s financial strength, incr...
May 03, 2012 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press "The Scream" by Edvard Munch, arguably one of the art world's most recognizable images, sold Wednesday for a record $119,922,500 by Sotheby's in New York City.
‘The Scream’ fetches record bid
NEW YORK — One of the art world’s most recognizable images — Edvard Munch’s “The Scream” — sold Wednesday for a record $119,922,500 at auction in New York City. The 1895 artwork — a modern symbo...
May 03, 2012 | 0 0 comments | 3 3 recommendations | email to a friend
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