Irish Gloom and Koreans on Brink of War Push Stock Markets into the Red

As if the rescue of Ireland’s collapsing economy and fears over Portugal and Spain in the debt-domino-debacle wasn’t enough, North and South-Korean fire exchange adds fuel to an already blazing fire sending shares across globe into the red...

Yahoo reports losses of $303.4 million

Yahoo Inc. (YHOO), has reported a loss in the fourth quarter of $303.4 million as the economic downturn hit sales of online ads. Share

Philips cuts 6,000 jobs amid losses

Royal Philips Electronics NV, the giant consumer electronics firm from Holland, posted its first quarterly loss Share