Yahoo posts profit decline, to cut thousands of jobs

Date: Tue, 21 Oct 2008 17:03:22 -0400
Yahoo posts profit decline, to cut thousands of jobs

Yahoo Inc. posts a third-quarter profit that falls sharply and says it
will trim its workforce by roughly 10% as the Internet company struggles
to mount a turnaround despite the troubled economy and a lack of
investor confidence.

The Technical Indicator: A checklist for signs of a market recovery

In the wake of the 2008 crash, the U.S. markets have rallied
respectably. But despite the upturn, the "all clear" hasn't been
signaled just yet. Here's a checklist for signs of a legitimate
recovery.

MarketWatch First Take: Bank deals are fueling an otherwise moribund M&A
market

U.S. Treasury Secretary Henry Paulson is hinting that the $250 billion
cash infusion aimed at nine banks is coming with strings.

Lehman's massive credit default swaps settle smoothly

A settlement in billions of dollars in Lehman Brothers credit-default
swaps is finalized without any big hitches, adding a note of support to
the recent recovery in credit markets.

Metals Stocks: Gold falls 2.8% as dollar strengthens; copper tumbles
5.2%

Gold futures fall 2.8% as a stronger U.S. dollar diminishes the precious
metal's appeal as an alternative investment.