News Source: International Herald Tribune
| about 1 year ago
Steven Ballmer, chief executive of Microsoft, told shareholders on Wednesday that the company was no longer interested in acquiring Yahoo, setting off a 21 percent decline in Yahoo's share price. "We've moved on," Ballmer said. He reiterated that a...
News Source: MarketWatch
| about 1 year ago
The downside from here is limited," May wrote, while also noting that the company's recent "change in leadership" may bode well. Yahoo Chief Executive Jerry Yang announced Monday he will step aside, once the company's board of directors finds a...
News Source: Kansas.com
| about 1 year ago
Hawker Beechcraft chairman and chief executive Jim Schuster plans to retire from the post he has held for eight years. Schuster has notified the company's board of directors of his plans. "Earlier this month, I began discussing my retirement plans...
News Source: Honolulu Advertiser
| about 1 year ago
Yahoo Inc., CEO Steve Ballmer said yesterday, though he told shareholders the company would still be "very open" to a collaboration on Internet search. Yahoo shares plunged 19 percent on the news. Yahoo spurned a $47.5 billion takeover offer from...
News Source: Tulsa World
| about 1 year ago
Boeing Co. will lay off about 27 percent of its workers at a facility in Wichita, Kan., due to the delay of a U.S. Air Force tanker replacement program and the end of other work projects. The Chicago-based company, which makes military aircraft,...
News Source: Tulsa World
| about 1 year ago
Consumer prices fall by record amount Consumer prices plunged by the largest amount in the past 61 years in October as gasoline pump prices dropped by a record amount. The Labor Department said Wednesday that consumer prices fell by 1 percent last...