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| Business News |  | Widow of Aaron Spelling pays $47M for LA condo | | Lubbock Avalanche-Journal- 7/23/2008 12:14:54 PM | | The widow of producer Aaron Spelling paid a whopping $47 million for a two-story condo atop a Century City residential tower that's still under construction, her lawyer said. |  |
| Yahoo! profits drop 19% despite rise in revenues | | Brand Republic- 7/23/2008 11:45:47 AM | | Yahoo! has reported a 19% drop in second-quarter post-tax profits to $131m , although revenues at the search giant grew by 6% to $1.8bn. While the results came in below analysts forecasts, Yahoo! reassured ... | |
| Wachovia quarterly loss nears $9 billion | | FloridaToday.com- 7/23/2008 10:55:25 AM | | Wachovia Corp. reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street's hopes that the nation's big banks are weathering the credit crisis well. | |
| WaMu reports $3.3 billion loss | | TheNewsTribune.com- 7/23/2008 9:51:26 AM | | Washington Mutual Inc. said Tuesday that it lost a staggering $3 billion during the second quarter as it increased its loss reserves to more than $8 billion to cover souring loans in its mortgage portfolio. | |
| COO named CEO of brokerage Schwab | | San Jose Mercury News- 7/23/2008 9:18:43 AM | | Walter W. Bettinger II will be the new president and chief executive of the nation's largest discount brokerage, Charles Schwab. | |
| Yahoo 2Q profit falls 18 pct, below analyst views | | NewsChannel 8- 7/23/2008 8:26:13 AM | | Yahoo Inc. s second-quarter profit fell 18 percent, the latest sign of the financial decay that has frustrated shareholders and raised doubts about the Internet company's future. | |
| Yahoo profit down, holds outlook intact | | The Irish Times- 7/23/2008 7:48:56 AM | | Yahoo's net profit fell 19 per cent but investors took heart that it did not change its outlook despite a weakening US economy and the distraction of Microsoft's failed takeover bid. | |
| World oil prices keep tumbling | | NZ Herald- 7/23/2008 7:00:58 AM | | Oil prices tumbled more than $US3 a barrel overnight as tropical storm Dolly grew increasingly unlikely to threaten supply, giving traders one less reason to buy as a strengthening dollar helped keep prices in ... | |
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