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e-commerce,yahoo,business |
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Business Yahoo
Stocks sink as oil and gold fan inflation fears
(Reuters)
Reuters - U.S. stocks tumbled on Thursday,
suffering their biggest drop in almost four months, as a jump
in crude oil and gold prices stoked worries about inflation,
consumer spending and more interest-rate hikes from the Federal
Reserve.
Google holders reject end to two-tier stock plan
(Reuters)
 Reuters - Shareholders of Google ,
the world's most popular Web search provider, on Thursday
rejected a dissident investor proposal to end a two-tier
ownership structure that vests power in the hands of its
founders.
Pacific Sunwear net profit falls
(Reuters)
 Reuters - Pacific Sunwear of California Inc.
on Thursday posted a 32 percent drop in quarterly net
income, matching Wall Street expectations, as lower sales at
established stores and costs for stock-based compensation hurt
results.
Funds push gold to 26-year peak
(Reuters)
 Reuters - Heavy speculative buying fueled by
inflation fears and geopolitical tensions propelled gold to its
highest for 26 years and silver to a level not seen in 25
years, while platinum soared to a record peak.
Kohl's quarterly net profit up 34 percent
(Reuters)
 Reuters - Kohl's Corp. , which runs a
chain of mid-priced department stores, on Thursday said its
quarterly profit rose 34 percent, boosted by improved profit
margins and strong sales, and its shares rose slightly in
after-hours trade.
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