Copyright (c) 2008 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/1885 Business en-us Fri, 09 May 2008 11:36:25 GMT 5 142 18 http://news.yahoo.com/i/1885 http://us.i1.yimg.com/us.yimg.com/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/citigroup_dc nm/20080509/citigroup_dc Reuters Fri, 09 May 2008 13:02:43 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/citigroup_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_09t034956_450x391_us_citigroup.jpg?x=130&y=112&q=85&sig=jr0BIaTpj.yCASoUtga1sQ--" align="left" height="112" width="130" alt="A man walks past the Citibank building in San Francisco, California April 30, 2008. (Robert Galbraith/Reuters)" border="0" /></a>Reuters - Citigroup Inc , the largest U.S. bank, said on Friday said it aims to shed $400 billion of assets over the next two to three years, in a drive to become more efficient.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/citigroup_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_09t034956_450x391_us_citigroup.jpg?x=130&y=112&q=85&sig=jr0BIaTpj.yCASoUtga1sQ--" align="left" height="112" width="130" alt="photo" title="A man walks past the Citibank building in San Francisco, California April 30, 2008. (Robert Galbraith/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/crude_record_dc nm/20080509/crude_record_dc Reuters Fri, 09 May 2008 11:17:26 GMT Reuters - U.S. crude oil futures rose to a fresh record high of $125.98 a barrel on Friday. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/markets_stocks_dc nm/20080509/markets_stocks_dc Reuters Fri, 09 May 2008 12:58:47 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/markets_stocks_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_07t070952_450x300_us_markets_stocks.jpg?x=130&y=86&q=85&sig=h7uQH30TfeQBiBw0VpIVSA--" align="left" height="86" width="130" alt="Traders work on the floor of the New York Stock Exchange, April 3, 2008. (Keith Bedford/Reuters)" border="0" /></a>Reuters - Stock index futures fell on Friday, with financial stocks poised to decline after American International Group , the world's largest insurer, reported a larger-than-expected record loss.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/markets_stocks_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_07t070952_450x300_us_markets_stocks.jpg?x=130&y=86&q=85&sig=h7uQH30TfeQBiBw0VpIVSA--" align="left" height="86" width="130" alt="photo" title="Traders work on the floor of the New York Stock Exchange, April 3, 2008. (Keith Bedford/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/blinkx_dc nm/20080509/blinkx_dc Reuters Fri, 09 May 2008 10:46:33 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/blinkx_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_09t075940_450x283_us_blinkx.jpg?x=130&y=81&q=85&sig=4xpWviyNqlChNa9GNZZ3NQ--" align="left" height="81" width="130" alt="A screenshot of Blinkx.com, taken on May 9, 2008. (www.blinkx.com/Reuters)" border="0" /></a>Reuters - Shares of British video search engine firm Blinkx surged 50 percent to a seven-month high on Friday, on talk that Internet giant Google and media conglomerate NewsCorp may bid for the firm.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/blinkx_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_09t075940_450x283_us_blinkx.jpg?x=130&y=81&q=85&sig=4xpWviyNqlChNa9GNZZ3NQ--" align="left" height="81" width="130" alt="photo" title="A screenshot of Blinkx.com, taken on May 9, 2008. (www.blinkx.com/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/toyota_dc nm/20080509/toyota_dc Reuters Fri, 09 May 2008 07:40:16 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/toyota_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_08t202503_450x274_us_toyota.jpg?x=130&y=79&q=85&sig=mHrM0IduXIozIdwdsIoNqw--" align="left" height="79" width="130" alt="Toyota Motor Corp President Katsuaki Watanabe speaks during a news conference in Tokyo May 8, 2008. (Yuriko Nakao/Reuters)" border="0" /></a>Reuters - Shares in Toyota Motor Corp skidded on Friday after the world's biggest automaker forecast its first annual net profit decline in seven years as it faces a triple blow of a stronger yen, rising materials prices and a slowing U.S. economy.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/toyota_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_08t202503_450x274_us_toyota.jpg?x=130&y=79&q=85&sig=mHrM0IduXIozIdwdsIoNqw--" align="left" height="79" width="130" alt="photo" title="Toyota Motor Corp President Katsuaki Watanabe speaks during a news conference in Tokyo May 8, 2008. (Yuriko Nakao/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080509/ap_on_bi_ge/retail_sales ap/20080509/retail_sales AP Fri, 09 May 2008 06:50:16 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080509/ap_on_bi_ge/retail_sales"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080508/capt.d11a339c138c46f7b90073b16d1df0b7.retail_sales_la103.jpg?x=130&y=86&q=85&sig=bFJeWtweJYh.bp1IF2cFZw--" align="left" height="86" width="130" alt="Shoppers move around the new Hennes & Mauritz (H&M) store at The Americana at Brand retail complex in Glendale, Calif. Friday, May 2, 2008. Consumers gave some of the nation's retailers a little relief in April after months of dismal sales, gravitating toward less expensive discounters and wholesale clubs but generally still shying away from stores selling clothes and other non-necessities. (AP Photo/Damian Dovarganes)" border="0" /></a>AP - Caught in the maelstrom of higher gas and food prices, Americans — even more affluent ones — are seeking shelter in wholesale clubs and discount apparel chains.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080509/ap_on_bi_ge/retail_sales"><img src="http://d.yimg.com/us.yimg.com/p/ap/20080508/capt.d11a339c138c46f7b90073b16d1df0b7.retail_sales_la103.jpg?x=130&y=86&q=85&sig=bFJeWtweJYh.bp1IF2cFZw--" align="left" height="86" width="130" alt="photo" title="Shoppers move around the new Hennes & Mauritz (H&M) store at The Americana at Brand retail complex in Glendale, Calif. Friday, May 2, 2008. Consumers gave some of the nation's retailers a little relief in April after months of dismal sales, gravitating toward less expensive discounters and wholesale clubs but generally still shying away from stores selling clothes and other non-necessities. (AP Photo/Damian Dovarganes)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ibd/20080508/bs_ibd_ibd/20080508corner ibd/20080508/20080508corner Investor's Business Daily Thu, 08 May 2008 21:59:32 GMT Investor's Business Daily - Buying a mutual fund is a different game than buying a stock. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/hmv_dc nm/20080509/hmv_dc Reuters Fri, 09 May 2008 09:25:26 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/hmv_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_09t064201_450x338_us_hmv.jpg?x=130&y=97&q=85&sig=1aF32MFM2WOytoH8b7CLxw--" align="left" height="97" width="130" alt="An HMV location is seen in a handout photo. (Handout/Reuters)" border="0" /></a>Reuters - British music and books retailer HMV Group Plc said it was confident full-year profits would be towards the top end of market expectations, driven by strong demand for computer games.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080509/bs_nm/hmv_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080509/2008_05_09t064201_450x338_us_hmv.jpg?x=130&y=97&q=85&sig=1aF32MFM2WOytoH8b7CLxw--" align="left" height="97" width="130" alt="photo" title="An HMV location is seen in a handout photo. (Handout/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters)