1.
Consumer Corner: Foreclosure settlement no magic bullet for economy
MOUNTAIN VIEW, Calif., June 24 (UPI) -- California's online networking service LinkedIn said Wednesday that former Yahoo! Inc., executive Jeff Weiner would serve as its new chief executive officer.
Weiner had served as the interim president since January. His departure from Yahoo! was part of the fallout of a proxy war with activist investor Carl Icahn, who was pushing for Yahoo! to accept an unsolicited bid from Microsoft Corp. a year ago.
Former LinkedIn CEO Reid Hoffman will remain with the company as the executive chairman, MarketWatch reported.
"Over the past six months, Jeff has done an exceptional job leading the company and I look forward to continuing the work that we have begun together," Hoffman said.
Yahoo! CEO Jerry Yang also left the company last year. When he resigned, Weiner was considered a top candidate for that job, but Yahoo! appointed former Chairman, President and CEO of software design firm Autodesk Carol Bartz to the position in January.
|
|
|
| Additional Business News Stories | |
BAGHDAD, Feb. 14 (UPI) --
U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said.
|
WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
|
Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
|
Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
|
| Stories | Photos | People | Comments |
View Caption
