Archive for May 15th, 2008

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Stocks eased slightly early Thursday as investors considered rising oil and gas prices, a weaker reading on manufacturing and a rash of deal news and rumors.

The battle for Yahoo isn't over. Activist investor Carl Icahn is mounting a campaign to remove the Internet giant's board of directors in the hopes of forcing a sale to Microsoft.

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The number of newly laid off workers applying for unemployment benefits rose slightly last week, indicating the weak economy was still weighing on the job market.

Stock futures were higher Thursday as better-than-expected results from retailer J.C. Penney and video rental chain Blockbuster offset a weak reading on the U.S. job market.

The momentum behind congressional efforts to let the government offer more aid to struggling homeowners has hit stiff resistance.

Stock futures rose modestly early Thursday, ahead of a slew of economic readings and earnings from retailers.