Amazon.com Inc.’s profit margins, already at a five-year low last quarter, are set to narrow next year as the world’s largest online retailer sells its new tablet computer for half the price of the iPad.
Yahoo! Inc. said Chief Executive Officer Scott Thompson stepped down after failing to correct errors in his credentials and the company is revamping its board, handing a victory to activist investor Daniel Loeb, who pushed for the overhaul and said the Web portal is mismanaged.
Bloomberg's Mark Crumpton reports on this week's most notable newsmakers including Nomura Securities' David Resler, University of Michigan Business School's Gerald Meyers, Brandeis University International Business School's Catherine Mann and Daiwa Capital Markets' David Moran. (Source: Bloomberg)