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Business |
Icahn to battle Yahoo to accept Microsoft bid

NEW YORK (Reuters) - Financier Carl Icahn on Thursday launched a proxy battle to force Yahoo Inc to reopen buyout talks with Microsoft Corp , saying the Yahoo board had acted "irrationally" in refusing its $47.5 billion offer.
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With CNET, CBS eyes big Web audience
CBS is paying $1.8 billion for CNET, the Internet icon that's run into some trouble of late. What's in the deal for CBS? Stacey Vanek-Smith reports.

If GE's under pressure, what's next?
General Electric reportedly is looking to sell off its appliance unit. If a bellwether like GE is struggling, what's it like out there for everyone else? Nancy Marshall Genzer reports.

Quake puts focus on China dam building
Troops have been dispatched to shore up nearly 400 dams damaged by the Sichuan province earthquake. Mother Nature's mostly to blame, but there are worries over human error, too, since China has been exporting its dam-building expertise. Scott Tong reports.

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