Topic: Daniel Loeb
Stocks edged lower Monday in anticipation of a series of big economic reports due out this week. A string of big-name merger deals wasn't enough to push stocks higher.
Scott Thompson was hired as Yahoo CEO – the embattled company's fourth in five years – for his record as an executive, not the degrees on his resume. But the fabrication was costly.
Yahoo CEO Scott Thompson announced the company would be laying off 2,000 employees on Wednesday in order to take the "next step toward a bold, new Yahoo."
Chris Christie is ready to back Mitt Romney, reports Fox News. Christie's financial donors have already shifted to Romney.
10/11/2011 02:45 pm