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International Business Directory News Center

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Yahoo! News
Yahoo! News: World News

Cyclone-battered fisheries worsen Myanmar's pain (AP)
A fisherman uses a net on two poles to catch fish along an irrigation canal in the rice field Friday, July 18, 2008 in a village in Yangon City, Myanmar.  Cyclone Nagris lashed the area in early May,  killing at least 84,500 people including some 27,000  fishermen. (AP Photo)AP - No matter how much she loved the river and sea that once provided her family's daily food, Tin Tin Latt now just wants to stay away from the water that widowed her, killed two of her children and destroyed the family's livelihood.



Obama urges Europeans, Americans to defeat terror (AP)
People wait for Democratic presidential candidate Senator Barack Obama to deliver his speech at the victory column (Siegessaeule) in Berlin July 24, 2008. (Michael Dalder/Reuters)AP - Cheered by an enormous international crowd, Democratic presidential contender Barack Obama on Thursday summoned Europeans and Americans together to "defeat terror and dry up the well of extremism that supports it" as surely as they conquered communism a generation ago.



SAfrican lawyer nominated as UN human rights chief (AP)
Navanethem Pillay, president for the War Crimes tribunal in Rwanda, takes part in a news conference in the United Nations in Geneva, Switzerland, in this March 17, 2003 file photo. The former South African judge who was the first black woman to serve on her country's highest court will be the next U.N. human rights commissioner, diplomatic and U.N. officials said Friday, July 18, 2008. (AP Photo/Keystone, Sandro Campardo)AP - One of South Africa's leading female jurists who won acclaim defending apartheid opponents was nominated Thursday to serve as the next United Nations high commissioner for human rights.



Yahoo! Finance
Yahoo! Finance: Top Stories

59 ships stopped from traversing Mississippi (AP)
The Coast Guard has stopped 59 ships from traversing a closed stretch of the Mississippi River from New Orleans to the Gulf of Mexico Thursday while hundreds of workers tackled the difficult task of cleaning up about 400,000 gallons of heavy oil that spilled when a barge and tanker collided.


Stocks tumble after sales of existing homes fall (AP)
Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent optimism.


Jobless claims jump as housing market gets weaker (AP)
Two cornerstones of the economy -- jobs and housing -- sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record.


Yahoo! News
Yahoo! News: Business

Microsoft CEO backs Web spending, "done" with Yahoo (Reuters)
Microsoft Chief Executive Officer Steve Ballmer speaks during the launch ceremony of Microsoft's new research and development centre in Herzliya near Tel Aviv May 21, 2008. Ballmer on Thursday defended the company's need to make steep investments in its Internet business in order to compete with Google Inc and said such moves could boost its value in time. (Gil Cohen Magen/Reuters)Reuters - Chief Executive Steve Ballmer on Thursday defended Microsoft Corp's need to make heavy investments in its Internet businesses but said the company was "done," for now, with pursuing Yahoo Inc.



Wall Street tumbles, led by financials (Reuters)
The sun lights the exterior of the New York Stock Exchange, as people walk past on the shadowed street, July 16, 2008. (Chip East/Reuters)Reuters - Stocks tumbled more than 2 percent on Thursday after a report showing yet another drop in U.S. home sales prompted investors to take profits in financial shares, which had rallied over the past week.



Wachovia CFO Wurtz to leave (Reuters)
Reuters - Wachovia Corp , which posted a record $8.86 billion second-quarter loss Tuesday, said Chief Financial Officer Thomas Wurtz will resign from the fourth-largest U.S. bank after a successor is named.


Yahoo! News
Yahoo! News: Technology News

Microsoft defends search investments to analysts (AP)
Microsoft Chief Executive Officer Steve Ballmer speaks during the launch ceremony of Microsoft's new research and development centre in Herzliya near Tel Aviv May 21, 2008. Ballmer on Thursday defended the company's need to make steep investments in its Internet business in order to compete with Google Inc and said such moves could boost its value in time. (Gil Cohen Magen/Reuters)AP - Microsoft's CEO defended the software maker's decision to invest heavily in its unprofitable online business, but shed minimal light Thursday on specific steps it will take to challenge Google in the wake of the failed bid to buy Yahoo.



Major shareholder advisory firm backs Yahoo board (AP)
People walk past Yahoo! offices in Santa Monica, California, May 19, 2008. (Lucy Nicholson/Reuters)AP - An influential shareholder advisory firm endorsed the re-election of Yahoo Inc.'s entire board Thursday, reducing the chances that the Internet company's directors will be ousted for spurning Microsoft Corp.'s $47.5 billion takeover bid during the spring.



Creators of Scrabble knockoff on Facebook sued (AP)
Toy-makers Hasbro and Mattel have demanded that social networking website Facebook remove the online game Scrabulous due to alleged copyright infringement(AFP/File/Leon Neal)AP - T-R-O-U-B-L-E could loom for a Scrabble knockoff that has become one of the most popular activities on Facebook.



Yahoo! News
Yahoo! News: Most Viewed

Big Trouble with an 8-Year-Old (Dear Margo)
Dear Margo - DEAR MARGO: My wife and I have a loving marriage.


Brad Pitt threatens legal action over family photos (Reuters)
Actor Brad Pitt poses at the premiere of 'Beowulf' in London in this November 11, 2007 file photo. (Anthony Harvey/Reuters)Reuters - Lawyers for Brad Pitt on Thursday threatened legal action against anyone publishing recent photographs they say were taken by paparazzi of the actor and his newly enlarged family at their French estate.



Air Force missile launch crew fell asleep (AP)
This handout picture released by the US Air Force shows an F-16 Fighting Falcon dispensing a flare during a combat mission. Members of a US Air Force nuclear missile crew face disciplinary action for going to sleep while in possession of an invalidated nuclear launch code component, an air force spokesman said Thursday.(AFP/USAF/File)AP - Three ballistic missile crew members in North Dakota fell asleep while holding classified launch code devices this month, triggering an investigation by military and National Security Agency experts, the Air Force said Thursday.