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Microsoft gives Yahoo deadline on offer
Apr 5 2008 9:18PM (CT)
SEATTLE (AP) - Microsoft set the clock ticking for Yahoo to accept its $41 billion buyout offer in a letter to the Internet pioneer's board Saturday, warning that if a deal wasn't reached by April 26 the software maker would launch a hostile takeover at a less attractive price.
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American freezes nonflight hiring
Apr 5 2008 9:01PM (CT)
DALLAS (AP) - American Airlines has imposed a freeze on hiring management and support staffers as the nation's largest air carrier copes with high fuel costs and the slowing economy.
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Volkswagen recalls 410,000 Passats
Apr 5 2008 2:40PM (CT)
AUBURN HILLS, Mich. (AP) - Volkswagen Group of America Inc. says it's voluntarily recalling about 410,000 gasoline powered Passats because of potential problems including damage to a heat shield.
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Budget airline Skybus shutting down
Apr 5 2008 5:26AM (CT)
COLUMBUS, Ohio (AP) - Low-cost carrier Skybus Airlines is shutting down Saturday and plans to file for bankruptcy protection next week, becoming the latest of the nation's airlines to fall because of rising fuel costs and a slowing economy.
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Samsung chief questioned for 11 hours
Apr 5 2008 5:24AM (CT)
SEOUL, South Korea (AP) - Special prosecutors probing claims of corruption at Samsung Group took their investigation to the very top, quizzing its chairman in a lengthy interrogation over allegations the conglomerate paid bribes and engaged in other illegalities.
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Samsung chief questioned for 11 hours
Apr 5 2008 5:24AM (CT)
SEOUL, South Korea (AP) - Special prosecutors probing claims of corruption at Samsung Group took their investigation to the very top, quizzing its chairman in a lengthy interrogation over allegations the conglomerate paid bribes and engaged in other illegalities.
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Samsung chief questioned for 11 hours
Apr 5 2008 5:24AM (CT)
SEOUL, South Korea (AP) - Special prosecutors probing claims of corruption at Samsung Group took their investigation to the very top, quizzing its chairman in a lengthy interrogation over allegations the conglomerate paid bribes and engaged in other illegalities.
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Wall Street undergoes big mood change
Apr 5 2008 5:13AM (CT)
NEW YORK (AP) - With the start of a new quarter, Wall Street seems to have found something it badly needed: a major shift in sentiment.
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