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Latest Related News
Morgan Stanley cut 1,500 jobs this week: source (Reuters)
Reuters - Morgan Stanley cut 1,500 jobs
this week across its investment banking, trading and asset
management businesses, a person familiar with the situation
said Friday, a 5 percent reduction of non-broker employees.
Wall St ends flat as energy gains offset sentiment (Reuters)
Reuters - Stocks finished little changed on
Friday as surging oil prices lifted energy shares and offset
data that showed consumer confidence sank to its lowest in 28
years.
Consumers' mood as grim as early-80s (Reuters)
Reuters - U.S. consumer confidence tumbled to a
28-year low this month as rising prices strained household
finances, while another drop in single-family housing starts
underscored problems still plaguing the economy.
Shareholders file new legal claims in Yahoo case (Reuters)
Reuters - Investors suing Yahoo Inc
over its rebuff of Microsoft Corp's $47.5 billion
buyout bid have filed a new case that adds company co-founder
David Filo as a defendant, but they say much of their complaint
is being kept under seal at Yahoo's demand.
