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Yahoo! co-founder Jerry Yang resigns, shares jump

SAN FRANCISCO: Jerry Yang, who co-founded Yahoo! nearly 17 years ago and had an ill-fated stint as chief executive, resigned on Tuesday from all of his positions with the struggling Internet company. Yang, 43, one of the original dotcom billionaires, resigned, effective immediately, from the board of directors of Yahoo! and from the boards of Yahoo! Japan and Alibaba Group ...

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2012: looming disaster or year of grace?

With all the political developments in the Middle East, the looming economic disaster in the euro-zone, and even the growing financial strain and stubbornly high unemployment in America, many have been eying the Mayan calendar’s mysterious drop-off at Dec 21, 2012. Many Americans see the nation at a crossroads, especially as the 2012 presidential elections continue to draw near. The ...

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Why I oppose the Vietnam War

Wednesday, 18 January 2012, 3:31 pm Opinion: Mitchel Cohen Why I oppose the Vietnam War by January 15, 2012 January 15, 2012 marked what would have been Dr. King’s 83rd birthday. The airwaves are filled with timid and nostalgic tributes to the great man. Except for and other non-commercial stations, only Dr. King’s “I Have a Dream” speech—and even there ...

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Greek Premier Says Creditors Could Be Forced to Take Losses

ATHENS — Taking direct aim at hedge funds and other private holders of Greece’s debt, Prime Minister Lucas Papademos says he will consider legislation forcing the creditors to take losses on their holdings if no agreement can be reached in critical negotiations scheduled to resume Wednesday. Multimedia Interactive Feature Tracking Europe’s Debt Crisis Related As European Union Beckons, Allure Fades ...

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Greek rescue blocked by hedge fund greed

A group of hedge funds is threatening to block a last-ditch attempt to save Greece from defaulting on its huge debt pile, unless they are guaranteed a significant payout. There will be a final attempt today – when a group representing Greece’s private sector bondholders meets senior ministers in Athens – to negotiate a writedown of the value of the ...

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How China is advancing its military reach

As the US shifts its focus to Asia, Alexander Neill, head of the Asia Security Programme at the Royal United Services Institute, sets out the Chinese military advances challenging the regional balance. At the Pentagon recently, US President Barack Obama…

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Un Seeks $300 Million To Assist Palestinians In West Bank

Wednesday, 18 January 2012, 1:55 pm Press Release: UN News New York, Jan 17 2012 1:10PM The United Nations today launched an emergency appeal for just over $300 million to assist Palestinians living in the Gaza Strip and the West Bank who are still dealing with the effects of the conflict that ended three years ago as well as various ...

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