Yahoo chairman joins recent boardroom exodus

Yahoo could use a revolving door in its boardroom. In the latest exit, Chairman Alfred Amoroso will become the eighth Yahoo Inc. director to depart since early last year. He will leave the board on June 25 at Yahoo Inc.'s ...

Apple shareholder drops lawsuit on preferred stock

A disgruntled shareholder pressing Apple to create a new class of preferred stock has dropped a lawsuit that became a moot point after the iPhone and iPad maker changed the agenda at its annual meeting earlier this week.

Analysis: Worst nightmare for Dell, Microsoft?

Microsoft CEO Steve Ballmer's worst nightmare might go like this: PC juggernaut Dell becomes downtrodden enough to be private equity bait and Apple so rich investors sue to get at its cash.

Ex-hedge fund trader charged in $276M insider ploy (Update)

A former hedge fund portfolio manager was arrested Tuesday in what prosecutors called perhaps the most lucrative insider trading scheme of all time—an arrangement to obtain secret, advance results of tests on an experimental ...

Smithsonian launches marine effort with $10M gift

(AP)—The Smithsonian is launching a new initiative to study coastal waters and create the first global network monitoring climate change and human impacts on ocean life with a $10 million gift.

Yahoo soap opera features new cast of leaders

(AP) -- Yahoo's dysfunctional turnaround efforts have morphed into a Silicon Valley soap opera, one that has taken another strange twist with the Internet company's ousting of CEO Scott Thompson just four months after his ...

Source: Yahoo CEO says he didn't mislead company

(AP) -- Yahoo CEO Scott Thompson is assuring his colleagues that he didn't supply the incorrect information that led the troubled Internet company to list a bogus college degree in his official biography, according to a ...

Hedge fund share restrictions favor managers over investors

Armed with insider knowledge, managers of share-restricted hedge funds sell off their own holdings ahead of their investors in order to avoid low returns produced by an outflow of shareholder dollars, according to a new study ...

Report: AMD ex-CEO said linked to Galleon case

(AP) -- Chip maker Advanced Micro Devices Inc. is "thoroughly reviewing" published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential company information to a defendant in the ...

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