For months, America’s politicians fiddled over housing legislation as the real estate market burned. This week, after a full-court press from Treasury Secretary Paulson and others, Congress is expected to pass related legislation.Key points of the bill, w
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Despite Apple’s claims to the contrary, Steve Jobs’ health is not a “private matter.”That fact has been on display again this week as rumors about Jobs’ health continued to circulate. In the wake of those rumors and various reports in other news
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Yahoo shares rose early Wednesday despite the company reporting disappointing second-quarter results and narrowing its guidance range for the rest of 2008.The view on Wall Street appears to be that Yahoo’s results weren’t as bad as feared: “All in al
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From AllThingsD, July 23, 2008:Is Microsoft about to make another move on Yahoo? Or perhaps on AOL?
Or maybe it is just getting ready to articulate its strategic plans for
getting serious about the online search business on its own at its
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Treasury Secretary Hank Paulson has been putting on a full-court press in the last 24 hours, making the case for his plan to shore-up Fannie Mae and Freddie Mac.”I would rather not be in the position of asking for extraordinary authorities to support
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From Silicon Alley Insider, July 22, 2008:Results disappointing: Gross revenue lower half of range (weak), operating income light, EBITDA light, EPS light. Revenue and operating income guidance for year “narrowed” (high end of range reduced).Rev
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The broker/dealer business model is “inherently unstable” and the four remaining major firms will not be independent in a few years, says Nouriel Roubini, economics professor at NYU’s Stern School and chairman of RGE Monitor.
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