Yahoo may reveal revamping next week: report

Yahoo Inc Chief Executive Carol Bartz could announce a major management reorganization as early as next week, according to the blog AllThingsD. The Wall Street Journal-affiliated blog, citing several sources inside and

US stake in Citi may rise to 40%

Citigroup Inc is in talks that could result in the U.S. government increasing its stake in what was the country's most valuable bank, a source said, and the Wall Street Journal said

Moody’s cuts oil industry outlook to negative

Moody's Investors Service has lowered changed its Industry Sector Outlook for the global integrated oil and gas industry to ‘negative’ from ‘stable’. This change in outlook reflects Moody's view that weaker crude

U.S. consumer prices rise in January on energy

U.S. consumer prices rose in January as energy costs rebounded, government data showed on Friday, temporarily easing fears of deflation amid a severe economic downturn. The Labor Department said its closely watched

UK retail sales rise unexpectedly in Jan

British retail sales unexpectedly rose in January as shoppers took advantage of aggressive price cuts to stock up on new clothes, books and CDs in the post-Christmas sales, official data showed on