Tuesday, January 13, 2009

Yahoo said to be tapping tech veteran Bartz as new CEO

Date: Tue, 13 Jan 2009 17:02:04 -0500

Yahoo said to be tapping tech veteran Bartz as new CEO

Yahoo is expected to name respected Silicon Valley veteran Carol Bartz
to replace co-founder Jerry Yang as its new chief executive, according
to a

THE RATINGS GAME: MONEY MANAGERS BRACE FOR WHAT PROMISE TO BE BRUTAL RESULTS

With their fourth-quarter financial results, asset-management firms
will likely turn a spotlight on some of the worst-ever numbers
reported by the sector, as. borne out by falling asset values,
investor redemptions and declining margins, according to analysts.

THE FED: BERNANKE SAYS NO RECOVERY WITHOUT MORE BANK AID

There will be no lasting recovery without further government action
and funds to strengthen the financial system, with the timing of an
economic recovery
"highly uncertain," Federal Reserve chief Ben Bernanke tells a
London audience.

ECONOMIC REPORT: TRADE DEFICIT PLUNGES ON FALLING DEMAND, PRICES

The U.S. trade balance with the rest of the world amounts to $40.4
billion in November, plunging 29% on a record decline in oil prices
and much weaker demand for imports, Commerce Department data show.

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