Yahoo is betting it can win proxy battle with Microsoft

Date: Mon, 28 Apr 2008 21:01:04 (GMT)

Yahoo is betting it can win proxy battle with Microsoft

After snubbing Microsoft Corp.'s deadline for a merger deal, Yahoo Inc.
may now face the prospect of a proxy war with the software behemoth -- a
struggle many observers think it will likely lose.

Mars to buy Wrigley for $23 billion with Buffett's assistance

Chocolate giant Mars Inc., with financial backing from Warren Buffett's
Berkshire Hathaway Inc., has inked a pact to buy gum pioneer Wrigley for
about $23 billion.

Futures Movers: Crude oil hits record near $120 after U.K. pipeline
shut

Crude-oil futures close slightly higher after hitting a new record near
$120 a barrel after a strike at Scottish refinery forced a pipeline
closure while rebel attacks in Nigeria and tension in Persian Gulf also
fanned concerns about supply disruptions.

Economic Report: Home vacancies rise to record 2.9% in first quarter

Putting further downward pressure on home prices, the number of vacant
homes in the United States increases by 1 million over the past year to
a record 18.6 million.