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Wall Street launched a massive rebound Thursday, muscling the Dow Jones industrial average up nearly 553 points after driving it down near its lows for the year, as investors decided they did not want to miss out on cheap stocks. ...more
November 14, 2008
Spending too much time on "fake work"? You know, churning out reports no one will read, attending meetings with aimless agendas or send e-mails to co-workers who don't need them. ...more
October 5, 2008
Lehman Brothers, in a desperate bid to survive, announced plans Wednesday to sell a majority stake in its prized investment management business and said a sale of the entire company is possible. ...more
September 11, 2008
What was expected to be a firestorm of shareholder fury fizzled into a mundane annual meeting for Yahoo on Friday, despite lingering disappointment among some shareholders about a failed merger with Microsoft that could have been worth $47.5 billion. ...more
August 2, 2008
. Shares of Circuit City Stores plummeted to historic lows in trading Wednesday after Blockbuster withdrew its takeover bid, causing investors to question the consumer electronics retailer's future. ...more
July 3, 2008
Yahoo Inc. Chief Executive Jerry Yang has gotten what he wanted: a chance to prove his company is worth more than the $47.5 billion Microsoft Corp. offered for the Internet pioneer. ...more
May 5, 2008
Merrill Lynch & Co. on Thursday recorded its biggest quarterly loss since being founded 94 years ago after the world's largest brokerage took almost $15 billion worth of write-downs from bad subprime mortgage bets. ...more
January 18, 2008
Talbots will close its 78 children's and men's apparel stores to focus on its core middle-aged female customer, a retrenchment that follows disappointing sales at Talbots as well as other specialty women's apparel retailers amid tough economic conditions. ...more
January 5, 2008
Former Chicago Sun-Times publisher F. David Radler was given 29 months in prison and a $250,000 fine Monday for his role in stealing millions of dollars from Hollinger International shareholders. ...more
December 18, 2007
Former newspaper mogul Conrad Black was sentenced Monday to 6 1/2 years in prison, far less than prosecutors sought, for swindling shareholders in his Hollinger media empire out of $6 million. ...more
December 11, 2007
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