Daniel Loeb

Yahoo Faces Shareholder Showdown Over CEO's Fate

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

Wall Street to Obama: The Love Affair Is Over

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