Daniel Loeb

Yahoo Faces Shareholder Showdown Over CEO's Fate

Yahoo is facing a showdown with a major shareholder, activist hedge fund manager Daniel Loeb, who wants the troubled Internet company to fire CEO Scott Thompson for unethical conduct -- essentially, résumé inflation.

Wall Street to Obama: The Love Affair Is Over

Corporate profits are booming again, but President Obama's popularity is sinking fast, even among his former supporters on Wall Street and in big business. As the crucial fall elections loom, the shift in sentiment could have an impact on the markets.