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Yahoo has criticised corporate raider Carl Icahn (File photo)

Yahoo has criticised corporate raider Carl Icahn (File photo)

Icahn misunderstands Microsoft takeover facts: Yahoo Photo

Posted May 16, 2008 10:45:00

Yahoo has fired back at corporate raider Carl Icahn, saying he lacks understanding of the Microsoft takeover try and should not follow through on a vow to oust Yahoo's board.

Tags: business-economics-and-finance, company-news, science-and-technology, computers-and-technology, internet, united-states

US Fed sees some healing in scarred credit markets

Top US Federal Reserve officials have cited progress in alleviating months of turmoil in financial markets, but have said a full return to normalcy was still some time away.

Tags: business-economics-and-finance, economic-trends, finance-markets, united-states

Tech and retail sectors boost US markets Photo

The technology and retail sectors have underpinned solid gains late in the session on American equity markets.

Tags: business-economics-and-finance, finance-markets, stockmarket, futures-markets, currency-markets, australia, united-kingdom, united-states

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Last updated: Thursday, May 15, 2008 7:21pm AEST