Yahoo Buys 40 Percent of Alibaba in $1 Billion Deal
Yahoo Inc buys a 40 percent stake in Alibaba.com for $1 billion in cash, plans to merge Yahoo China into Alibaba, and bets on China's booming Internet market with Alibaba's wholesale and TaoBao platforms. Dan Rosensweig calls it a move to grow Yahoo in China and compete across Internet businesses as China edges toward the world's largest online audience.
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Beijing
Yahoo Inc
China
Alibaba.com
Yahoo
Alibaba
Daniel Rosensweig
Jack Ma
eBay Inc
Rosensweig
Sunnyvale
Calif
VA to reexamine PTSD disability claims nationwide
The VA will review about 72,000 PTSD disability claims approved between 1999 and 2004 after an internal study found inconsistencies and missing medical evidence. The yearlong audit could impact millions of dollars in payments, with PTSD caseload rising 80 percent from 1999 to 2004 while overall disability benefits grew only 12 percent.
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Washington
Veterans Affairs Department
Phil Budahn
Illinois
Lane Evans
House Veterans’ Affairs Committee
Budahn
Weary Cindy Sheehan protests near Bush Texas ranch
Cindy Sheehan, whose son Casey was killed in Iraq, camped near President Bush's Texas ranch drawing about 50 supporters while demanding a meeting. Bush said pulling out now would send a bad signal but he expressed sympathy and declined to end the five week vacation.
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Crawford
Texas
Cindy Sheehan
Casey
Iraq
Sadr City
Sheehan
Bush
Vacaville
Calif
Fort Lewis
Wash
Craig Delaney
Georgia
U.S
Ranch
California
Attacks kill six as Iraq factions push to seal constitution
Gunmen killed at least six in attacks across Iraq including a western Baghdad strike that left a 12-year-old girl an orphan after her parents, a pharmacist, were shot. Negotiators pressed a draft constitution as a Monday deadline neared with Kurds pressing federal state demands and Shiites urging unity. Al Hakim, Sistani, and Sadr met amid calls for constitutional guarantees to bind the fractured nation.
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Baghdad
Iraq
Al-Hakim
Ayatollah
Ali al-Sistani
Al-Sistani
Muqtada al-Sadr
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Deal
eBay
Taobao.com
Ma Yun
Delaney
Kat Cindy Sheehan
President Bush
Abdul-Aziz al-Hakim
Najaf
Ogo N
Joe's Picks
Mil
Jeep
Center Point Rd. Ly Na
Ree
Diamond Club
Ancel
IRGC
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