Obama vows to tackle jobs challenge head-on
President Barack Obama on Thursday urged corporate America to help tackle the nation's highest unemployment in 26 years but also hinted at federal tax credits and aid to states to ease jobless woes. Read Full Article here.
BofA sells $19.3 billion of securities for TARP repay
Bank of America Corp sold more than $19 billion of equity on Thursday amid strong investor interest as it races to shed government regulatory curbs that have bedeviled its CEO search. Read Full Article here.
Yahoo sees exponential growth in mobile ads
Yahoo Inc expects exponential growth in mobile advertising even as the overall market is only starting to emerge from its deep downturn, a top executive of the Internet media company said on Thursday. Read Full Article here.
Google sees growth in online video ads
Google Inc is banking on significant growth in online video ads as marketers become more sophisticated at targeting consumers interactively, a senior executive at the Web search giant said on Thursday. Read Full Article here.
Comcast-NBC deal faces regulatory hurdles
Comcast Corp's NBC Universal deal faces a long and intense regulatory review that could end in approval only after the cable giant agrees to give rivals access to NBCU's television shows and movies, experts said on Thursday. Read Full Article here.
Kraft expected to post Cadbury bid Friday: sources
Kraft Foods will post its offer document to Cadbury Plc shareholders on Friday, triggering a two-month 9.8 billion pound ($16.4 billion) takeover fight, sources with knowledge of the situation said on Thursday. Read Full Article here.
Toll Brothers posts wider Q4 loss, shares fall
Luxury U.S. homebuilder Toll Brothers Inc reported a wider-than-expected quarterly loss on Thursday as revenue slumped and it wrote down the value of its land holdings, sending its shares down 7.5 percent. Read Full Article here.