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Yahoo sends CEO packing without severance package
Yahoo ended Scott Thompson's four-month stint as its CEO without giving him a severance package, according to documents filed Monday.Thompson, 54, left Sunday in a management shake-up triggered by inaccurate information in his official biography. He would have been entitled to a severance package if Yahoo had terminated him "without cause," according to the contract he signed in January.When Yahoo
Yahoo ended Scott Thompson's four-month stint as its CEO without giving him a severance package, according to documents filed Monday.Thompson, 54, left Sunday in a management shake-up triggered by inaccurate information in his official biography. He would have been entitled to a severance package if Yahoo had terminated him "without cause," according to the contract he signed in January.When Yahoo
Avon, Ancestry.com, Ventrus are market movers
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
Stocks, euro drop as deadlock continues in Greece
A political stalemate in Greece rattled financial markets worldwide on Monday, driving U.S. stocks lower.
A political stalemate in Greece rattled financial markets worldwide on Monday, driving U.S. stocks lower.
Next up, Levinsohn
Yahoo needs more than a revolution at the top. The dysfunctional internet firm is much like a failing country. It has been mismanaged and suffers from bureaucracy and an increasingly uncompetitive
Investors welcome Yahoo CEO change
Investors on Monday welcomed the ousting of Yahoo Inc's chief executive and the appointment of a media veteran as the interim replacement in a move that was seen as auguring well for the flagging Internet company.
Investors on Monday welcomed the ousting of Yahoo Inc's chief executive and the appointment of a media veteran as the interim replacement in a move that was seen as auguring well for the flagging Internet company.
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