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Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off

February 3, 2016 by · Leave a Comment 

Yahoo Inc said on Tuesday it would consider “strategic alternatives” for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off. The announcement is the strongest sign yet that the board and Chief Executive Marissa Mayer may be willing to…

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Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off

lows

Oil lifts stocks off lows, yen and low-risk debt in favor

February 3, 2016 by · Leave a Comment 

LONDON (Reuters) – Glimmers of recovery in oil prices on Wednesday lifted European stock markets off their lows and dimmed the allure of the Japanese yen, gold and ultra-low-risk government debt.

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Oil lifts stocks off lows, yen and low-risk debt in favor