
Reuters - Stocks rose on Thursday as the price
of oil fell, overshadowing a barrage of weak economic news.
Reuters - Financier Carl Icahn on Thursday
launched a proxy battle to force Yahoo Inc to reopen
buyout talks with Microsoft Corp , saying the Yahoo
board had acted "irrationally" in refusing its $47.5 billion
offer.
Reuters - CBS Corp said on Thursday it
would buy web media company CNET Networks Inc for
about $1.8 billion to boost the television broadcaster's reach
across the Internet.
Reuters - Recent turmoil in financial markets
underscores the need for banks to hold "generous" capital
cushions, U.S. Federal Reserve Chairman Ben Bernanke said on
Thursday as he urged them to actively raise money.
Reuters - General Electric Co is looking to
sell its appliance unit in an auction that could bring in $5
billion to $8 billion, The Wall Street Journal reported on its
Web site on Wednesday.