Speculation has grown that the only effective way for Yahoo!'s (NASDAQ: YHOO) new CEO to improve the company's prospects on Wall St. is to make another large round of employee ... Read Full Story »
The skepticism about Spain from international capital markets investors has returned. The yield on 10-year notes rose to 6.95% post auction today. The yield has risen again for several reasons. Spain's ... Read Full Story »
A new consumer agency fines Capital One (NYSE: COF) $210 million for aggressive marketing activity.(Reuters) New IMF policies will examine whether individual national economies might hurt global growth. (Reuters) IBM (NYSE: ... Read Full Story »
Yahoo! Inc. (NASDAQ: YHOO) has confirmed the big secret that most financial and employment readers already knew was coming soon. The layoffs have been confirmed. Yahoo! is talking about reshaping ... Read Full Story »
The hole into which Groupon (NASDAQ: GRPN) has fallen has gotten even deeper. The Wall Street Journal reports that the Securities and Exchange Commission has begun to examine the firm’s first quarterly ... Read Full Story »
If press rumors are to be believed, today is the day that thousands of Yahoo! (NASDAQ: YHOO) employees will be laid off. That likely will be followed by more next ... Read Full Story »
A report at The Wall Street Journal’s All Things Digital blog, cites several sources confirming that Yahoo! Inc. (NASDAQ: YHOO) will begin firing workers next week. The company employs about ... Read Full Story »
Investors usually reward companies for announcing layoffs. Getting more from fewer workers adds to margins and hopefully to net income. The more serious question is what a new round of layoffs means ... Read Full Story »
The public and the press usually measure unemployment one month at a time as data from ADP and the federal government are issued. The jobs market can also be tracked ... Read Full Story »
Updated throughout the day. Yahoo! (NASDAQ: YHOO) will layoff 600 people (various) The FBI will investigate the hacking of Gawker (various) Douglas A. McIntyre ... Read Full Story »