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    Business Headlines
    Yahoo opposed Google deal before Microsoft bid (Reuters)

    The headquarters of Yahoo Inc. is shown in Sunnyvale, California May 5, 2008. (Robert Galbraith/Reuters)Reuters - Yahoo Inc executives dismissed a search-advertising deal with Google due to antitrust concerns, one day before Microsoft Corp made its takeover offer earlier this year, according to court documents made public on Monday.


    -- read full article
    Tue, 03 Jun 2008 07:03:27 GMT - Yahoo! News: Business
    Inflation Watch continues this week on Wall Street (AP)

    Former NYSE Chairman Richard Grasso listens to questions during an interview with Reuters in New York, September 7, 2006. (Brendan McDermid/Reuters)AP - Investors examine the same key economic reports at the start of every month — on manufacturing, the service sector and employment. This week, they'll be looking at these indicators for inflation clues as much as they will for insight into economic growth.


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    Sun, 01 Jun 2008 17:54:51 GMT - Yahoo! News: Business
    Factory slump wears on, construction dips (Reuters)

    Ford Motor assembly worker Dawn Schroeder (L) attaches the front head light to a 2008 Ford Focus at the Ford Motor Wayne Stamping and Assembly Plant in Wayne, Michigan, October 15, 2007. (Rebecca Cook/Reuters)Reuters - Manufacturing contracted in May for the fourth consecutive month and inflation pressures surged to their highest in four years, heightening fears the world's largest economy could be sliding toward stagflation.


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    Mon, 02 Jun 2008 17:38:48 GMT - Yahoo! News: Business
    Dow, former employees settle litigation (Reuters)
    Reuters - Litigation between Dow Chemical Co and two former senior employees who were fired by the company, has been settled, the two sides said on Monday. -- read full article
    Mon, 02 Jun 2008 18:41:02 GMT - Yahoo! News: Business
    S&P downgrades of major banks slam Wall Street (Reuters)

    Former NYSE Chairman Richard Grasso listens to questions during an interview with Reuters in New York, September 7, 2006. (Brendan McDermid/Reuters)Reuters - Stocks slid on Monday on renewed fears the credit crunch has yet to run its course after Standard & Poor's cut its ratings on three big securities firms, Wachovia ousted its chief executive, and a British mortgage lender said the UK home market was in dire straits.


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    Mon, 02 Jun 2008 18:11:08 GMT - Yahoo! News: Business
    Ex-NYSE chief's pay battle goes back to court (Reuters)

    Former NYSE Chairman Richard Grasso listens to questions during an interview with Reuters in New York, September 7, 2006. (Brendan McDermid/Reuters)Reuters - The future of the long-running legal battle over former New York Stock Exchange chairman Richard Grasso's $187.5 million compensation package will be weighed by the state's highest court on Tuesday.


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    Mon, 02 Jun 2008 16:39:28 GMT - Yahoo! News: Business
    S&P cuts major U.S. securities firms' ratings (Reuters)

    People walk past the world headquarters for Morgan Stanley  and  Co. Incorporated in New York May 19, 2008. Standard  and  Poor's cut the ratings of Lehman Brothers Inc, Merrill Lynch  and  Co Inc and Morgan Stanley on Monday and said outlooks on the large financial institutions in the United States are now mostly negative. (Lucas Jackson - UNITED STATES/Reuters)Reuters - Standard & Poor's in a sweeping move on Monday that rocked markets cut ratings on a number of major U.S. securities firms including Lehman Brothers Inc and said outlooks on the large U.S. financial institutions are now mostly negative.


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    Mon, 02 Jun 2008 18:09:26 GMT - Yahoo! News: Business
    Wachovia ousts CEO Thompson after losses mount (Reuters)

    A woman walks out of a branch of Wachovia bank in Santa Monica, California in this April 14, 2008 file photo. (Lucy Nicholson/Reuters)Reuters - Wachovia Corp ousted its chief executive, following growing legal troubles and loan losses tied to the purchase of a big mortgage lender just before the housing market imploded.


    -- read full article
    Mon, 02 Jun 2008 16:49:34 GMT - Yahoo! News: Business
    Nomura to enter U.S. retail mutual fund market (Reuters)
    Reuters - Nomura Holdings Inc (8604.T) has inked a deal to become the investment manager of a U.S. mutual fund specializing in Japanese issues, marking its full-scale entry into the U.S. retail mutual fund market. -- read full article
    Mon, 02 Jun 2008 06:12:57 GMT - Yahoo! News: Business
    Families reunited in China's quake zone (AP)

    The earthquake in southwestern China has blocked all vehicle access to the worst-hit areas, leaving survivors to scramble on foot in search of lost family members. Duration: 01:56(AFPTV)AP - Most of the 8,000 children found alone after China's devastating earthquake have been reunited with their parents, Chinese officials said Friday.


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    Fri, 30 May 2008 18:31:18 GMT - Yahoo! News: Business
    German bosses' chief says inflation could sink economy: press (AFP)

    Two women walking past the window of a clothes retailer advertising sales in Berlin, in January 2008. The head of the German employers' federation Dieter Hundt warned that long-term high inflation would have a devastating impact on Europe's biggest economy, in an interview published Sunday.(AFP/File/John Macdougall)AFP - The head of the German employers' federation Dieter Hundt warned that long-term high inflation would have a devastating impact on Europe's biggest economy, in an interview published Sunday.


    -- read full article
    Sun, 01 Jun 2008 18:36:14 GMT - Yahoo! News: Business
    "We're not for sale," says Harris Corp CEO (Reuters)
    Reuters - U.S. defense communications and information technology company Harris Corp , breaking its silence after weeks of speculation, said on Monday the company is not for sale and is not pursuing a merger. -- read full article
    Mon, 02 Jun 2008 06:03:58 GMT - Yahoo! News: Business
    Toyota set to cut U.S. sales forecast: report (Reuters)

    A sign for automaker Toyota hangs at the 2008 New York International Auto Show March 19, 2008. (Keith Bedford/Reuters)Reuters - Toyota Motor (7203.T) is considering downgrading its U.S. sales forecast to account for a worsening outlook for pick-up trucks and other big vehicles, the Financial Times newspaper said on Monday.


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    Mon, 02 Jun 2008 05:16:22 GMT - Yahoo! News: Business
    Oil falls more than $1 as dollar edges up vs euro (Reuters)

    Gas and diesel pumps along with gas prices are shown at an Exxon gas station in Carlsbad, California May 28, 2008. (Mike Blake/Reuters)Reuters - Oil fell more than $1 to near $126 on Monday as the U.S. dollar edged up and traders shrugged off Tropical Storm Arthur, which marked the start of the Atlantic hurricane season by shutting two Mexican oil ports.


    -- read full article
    Mon, 02 Jun 2008 07:58:18 GMT - Yahoo! News: Business
    Japanese government bond prices sink, eyes on oil (Reuters)

    A man walks past a stock quotation board outside a brokerage in Tokyo May 30, 2008. (Toru Hanai/Reuters)Reuters - Japanese government bond prices fell on Monday, extending last week's sell-off, as global inflation marches higher, while oil prices slipped to $127 a barrel and Asian stocks gained.


    -- read full article
    Mon, 02 Jun 2008 07:25:03 GMT - Yahoo! News: Business
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