Carl Icahn Buys More Yahoo -11/28/08 at 2:18 PM CSTby Mahyar Hashemi

Carl Icahn has had a difficult time in this market. Most reports suggest he has dropped well over 50% of his total value this year. His stake in Yahoo (YHOO) has been another recent loser, despite Icahn's success of taking a minority position on Yahoo's board of directors. Today it was reported that Icahn bought more shares of Yahoo and upped his stake in...

Mark Cuban Charged With Insider Trading - So Are Things Back To Norma... -11/18/08 at 6:55 PM CSTby Perry Rod

For a moment yesterday it felt like things were getting back to normal.  A bulletin hit the wire saying that Dallas Maverick owner Mark Cuban was being charged by the United States Securities and Exchange Commission with insider trading.  Even the stock market went up for a good twenty minutes after the wire hit. But it soon hit me right back - ...

Citigroup Cuts 20% of Workforce -11/17/08 at 10:37 AM CSTby Peter York

50,000 people is a lot of people.  That's 50,000 on top of 20,000 layoffs. Citigroup (C) has cut off approximately 30% of its workforce now amid the economic crisis as cost cutting continues.  The danger of all of it is that this is happening in the crucial holiday period, one week before Thanksgiving.  And it's on top of 5% to 10% cuts byJ...