Carol Bartz announced a revamping intended to streamline Yahoo, make managers more accountable and accelerate decision making.

CanWest Global Communications may soon be nearing default on its crushing debt load and possibly facing bankruptcy.

The Reserve Fund says litigation could add more than 5 cents a share to its Lehman losses.

The government needs to get tough with the insurer American International Group, as its hopes of selling some of its assets are fading and the government may be considering more aid.

With private markets failing, there are rising calls to nationalize banks — but not the way Hugo Chávez and François Mitterrand did.

Carol Bartz, Yahoo's new chief executive, announces a long-expected reorganization of its management ranks.

President Obama’s budget plan tries to trim a deficit estimated at $1.75 trillion for 2009 as it redirects wide streams of spending.

Rick Wagoner, the chief executive of General Motors, met with government officials to discuss the carmaker’s finances after the company reported a $9.6 billion loss for the quarter.

The newspaper’s owner, E.W. Scripps, said that its search for a buyer for The News was unsuccessful and that it will publish its last edition on Friday.

The chief executive of UBS, Marcel Rohner, resigned, and Oswald Grübel will succeed him.

Shares of health insurance companies led the broader market lower in late afternoon trading as an early rally in financial markets evaporated.

I.B.M. forecast growth in its services business in the first quarter, in contrast to many technology companies that have scaled back expectations.

Presented By: Search Engine Strategies (SES) Announces Five New Members Joining Advisory Board of Leading Conference and Expo Series Matt Bailey of SiteLogic, Bryan Eisenberg of Future Now, Andrew Goodman of Page Zero Media, Mike Grehan of Acronym Media, and John Marshall of Market Motive join board (PRWeb Feb 25, 2009)
Read the full story at http://www.prweb.com/releases/2009/02/prweb2185514.htm >> Read more
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Store closings, impairment and severance charges hit the retailer, but adjusted results beat analysts’ estimates.

Reporting an annual loss of $34.2 billion, the bank became the first to sign up for Britain’s asset protection plan.

With unemployment rising as businesses cut costs and slash their payrolls, consumers are reducing their spending and putting off major purchases, including new homes.

Cablevision Systems said it lost $321.4 million, mostly the result of a hefty write-down on its Newsday newspaper.

At Apple’s shareholder meeting, the company said Steven P. Jobs still planned to return in June.

Banks that fail the test would have to provide securities that could be converted to common stock in order to get additional government funds.

The Fed chairman spurned speculation again on Wednesday that the government might nationalize Citigroup or other big banks.

Let’s sift through some of the lesser-known projects created during Google’s “20 percent time.”