**Business/Overview
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Microsoft is withdrawing its bid for yahoo and now the big question is how will this effect the both companies.
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Yahoo is fighting or struggling hard to retain its independent identity or atleast it is trying to get a higher amount in lieu of its independence and now other big names of online world are also joining Yahoo for their own benefit.
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lehman brothers holdings has raised $4 billion by offering 4,000,000 shares of Convertible Preferred Stock (initial conversion price of approximately $49.87 per common share).
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**Business Visa operates the world's largest retail electronic payments network and manages the world's most recognized global financial services brand.
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Despite measures such as interest rate cuts and stimulus package US economy is likely to fall into a recession, but despite this there are still all possibilities to avoid a depression.
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Economy has shown no signs of recovery and is infact it looks like that it is going from bad to worse. Inflation, oil prices, foreclosures are on rise. Goods demand, housing prices, business outlook, and consumer confidence is on decline.
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Security officers V/s Innocent civilian shootout trial is about to begin and the defence lawyers is defending by saying that the officers open fire because they think the victim is going to get a gun although the victim holds no gun.
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Rising manufacturing costs due high energy and labor related outgo, rising shipping and logistic cost and lower export incentives are making Chinese manufactures to lose their competitive edge in global markets.
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Consumer price index has again shown a 0.4% growth in January 2008, and biggest rise came in food and energy cost.
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Oil prices again got passed $100 and the latest reason is the recent refinery mishap that can lead to two month of stoppage.
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It may look like that Microsoft is giving too much time to Yahoo for considering it's offer, and Yahoo is using this time to consider options to counter Microsoft's offer, but in reality currently Microsoft is the best option for Yahoo's shareholders as Yahoo is most valued for M …
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This may look like a fun statement, but it is very much true that the rising numbers of foreclosures are helping the GDP to show a positive growth. Foreclosures despite being a major negative for economy still leaves GDP data with positive results.
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Like it or not recession is an integral part of any economic cycle. Despite its short term ill-effects it gives much needed breathing break for economy and serve as a correction phase.
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Ones again US economy is expected to see a recession, and policymakers are trying to avoid the recession by simply distributing money which they suppose that the beneficiary will spend, and hopefully the consumer based economy will avoid a probable recession.
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US economy may be clouded under the growing fear of recession but not all US listed companies will be hit by any probable recession. Many companies due to various reasons will be able to offset the negative effect of recession.
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Foreclosures hit all-time high
More funds are blocking withdrawals. Are they just postponing the inevitable?
More funds are blocking withdrawals. Are they just postponing the inevitable?