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e-commerce,yahoo,business |
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Business Yahoo
Dow has worst day in 3 years
(Reuters)
Reuters - U.S. stocks sank on Wednesday, with
the Dow industrials suffering their biggest one-day drop in
three years, as investors bet the Federal Reserve will need to
keep raising interest rates to fight inflation.
Big rise in core inflation spooks Wall Street
(Reuters)
Reuters - A big jump in energy costs pushed
U.S. consumer prices up sharply last month, while rising rents
led to a surprisingly steep gain in core prices, according to a
government report on Wednesday that spooked financial markets.
US SEC: No controls rule break for small companies
(Reuters)
Reuters - The U.S. Securities and Exchange
Commission is expected to say on Wednesday that public
companies, large and small, must comply with a controversial
post-Enron rule meant to bolster corporations' internal
financial controls, said a source familiar with the matter.
US needs stronger overseas growth: Snow
(Reuters)
Reuters - Stronger economic growth overseas is
necessary to help unwind global imbalances because the United
States cannot do it alone, Treasury Secretary John Snow said on
Wednesday.
Yahoo CFO sees more growth from existing customers
(Reuters)
Reuters - Yahoo Inc. said on
Wednesday that its margins have stabilized in recent years at
around 40 percent, as the company balances advertising growth
against the need to invest to fuel further growth.
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