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Thursday,
20 November 2008

Compromise On Search Deal With Microsoft Could Lift Yahoo

Compromise On Search Deal With Microsoft Could Lift Yahoo

SAN FRANCISCO -(Dow Jones)- Yahoo Inc. (YHOO) may finally negotiate a search business deal with Microsoft Corp. (MSFT), now that a leadership change at the Web portal is imminent.

(Source: CNNMoney.com)    read more...

Thursday,
20 November 2008

Internet Advertising Revenues in Q3 08 at Nearly $5.9 Billion

Internet Advertising Revenues in Q3 08 at Nearly $5.9 Billion

NEW YORK, Nov 20, 2008 (BUSINESS WIRE) -- The Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers LLP (PwC) today announced that Internet advertising revenues reached almost $5.9 billion for the third quarter of 2008,...

(Source: MarketWatch)    read more...

Thursday,
20 November 2008

UPDATE 1-US Fed expands Dec policy meeting to two days

UPDATE 1-US Fed expands Dec policy meeting to two days

WASHINGTON, Nov 20 (Reuters) - The US Federal Reserve, facing a contracting economy and deflation despite extraordinary government interventions, said on Thursday it would expand its December policy meeting to two days to allow...

(Source: Reuters)    read more...

Thursday,
20 November 2008

Oil Falls Below $50 for First Time in 22 Months on Demand Slump

Oil Falls Below $50 for First Time in 22 Months on Demand Slump

By Mark Shenk and Grant Smith Nov. 20 (Bloomberg) -- Crude oil fell below $50 a barrel in New York for the first time in almost two years as a recession in the US, Europe and Japan cut global energy demand.

(Source: Bloomberg)    read more...

Thursday,
20 November 2008

GMAC Applies for Status as Bank, Begins Debt Swap (Update4)

GMAC Applies for Status as Bank, Begins Debt Swap (Update4)

By Linda Shen and Caroline Salas Nov. 20 (Bloomberg) -- GMAC LLC, the largest lender to General Motors Corp. car dealers, has applied for status as a bank holding company so it can get access to the Treasurys $700 billion rescue fund for the...

(Source: Bloomberg)    read more...

Thursday,
20 November 2008

Royal Treatment Cant Save Citi

Royal Treatment Cant Save Citi

Prince Alwaleed revealed plans to up his stake in the bank, but shares still headed south. Saudi Prince Alwaleed bin Talal plans to support Citigroup by upping his stake in the bank, but news of the modest increase may not be enough to revive...

(Source: Forbes)    read more...

Thursday,
20 November 2008

WRAPUP 1-US senators say reach auto deal; House OK unclear

WRAPUP 1-US senators say reach auto deal; House OK unclear

By Kevin Drawbaugh and John Crawley WASHINGTON, Nov 20 (Reuters) - A group of US senators said on Thursday it reached a bipartisan agreement on a bill to bail out the struggling automotive industry, providing a glimmer of hope to a deal that...

(Source: Reuters)    read more...

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