Copyright (c) 2006 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/1885 Business en-us Thu, 16 Nov 2006 20:43:00 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/20061116/bs_nm/media_clearchannel_dc nm/20061116/media_clearchannel_dc Thu, 16 Nov 2006 18:07:24 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/media_clearchannel_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t075812_450x299_us_media_clearchannel.jpg?x=130&y=86&sig=p542y_LVIfdQRHaHEYjZvg--" align="left" height="86" width="130" alt="Signage near London owned by Clear Channel Outdoor in a photo courtesy of the company. Clear Channel Communications has agreed to be acquired by private equity firms Thomas H. Lee Partners and Bain Capital for nearly $19 billion, a source familiar with the situation said on Thursday. (Handout/Reuters)" border="0" /></a>Reuters - Clear Channel Communications Inc. , the No. 1 U.S. radio station operator, said on Thursday it would be acquired by private equity firms Thomas H. Lee Partners , Bain Capital and the company's founding Mays family for nearly $19 billion.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/media_clearchannel_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t075812_450x299_us_media_clearchannel.jpg?x=130&y=86&sig=p542y_LVIfdQRHaHEYjZvg--" align="left" height="86" width="130" alt="photo" title="Signage near London owned by Clear Channel Outdoor in a photo courtesy of the company. Clear Channel Communications has agreed to be acquired by private equity firms Thomas H. Lee Partners and Bain Capital for nearly $19 billion, a source familiar with the situation said on Thursday. (Handout/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/friedman_dc nm/20061116/friedman_dc Thu, 16 Nov 2006 20:57:52 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/friedman_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t125559_450x365_us_friedman.jpg?x=130&y=105&sig=vVHvND_xJ9yNgbsWcS0H4Q--" align="left" height="105" width="130" alt="Milton Friedman in an undated photo courtesy of the University of Chicago News Office. Friedman, the free market economist and winner of a 1976 Nobel Prize, has died, a spokeswoman for his family said on Thursday. (University of Chicago/Handout/Reuters)" border="0" /></a>Reuters - Milton Friedman, one of the most influential economists of the past century and winner of a 1976 Nobel Prize, died on Thursday morning of heart failure at a San Francisco-area hospital, a spokeswoman for his family said. He was 94.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/friedman_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t125559_450x365_us_friedman.jpg?x=130&y=105&sig=vVHvND_xJ9yNgbsWcS0H4Q--" align="left" height="105" width="130" alt="photo" title="Milton Friedman in an undated photo courtesy of the University of Chicago News Office. Friedman, the free market economist and winner of a 1976 Nobel Prize, has died, a spokeswoman for his family said on Thursday. (University of Chicago/Handout/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/media_readersdigest_dc nm/20061116/media_readersdigest_dc Thu, 16 Nov 2006 18:55:29 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/media_readersdigest_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t085346_349x450_us_media_readersdigest_ripplewood.jpg?x=100&y=130&sig=cPq71SvOpgXG3S._ijEe1w--" align="left" height="130" width="100" alt="Issues of Reader's Digest come off the press in Lancaster, Pennsylvania in an undated file photo. The Reader's Digest Association Inc., publisher of one of the most widely-read U.S. magazines, agreed to be acquired by an investor group in a deal valued at about $2.4 billion, the investors said on Thursday. (Feature Photo Service/Handout/Reuters)" border="0" /></a>Reuters - Reader's Digest Association Inc. , publisher of one of the most widely read magazines in the world, said on Thursday it agreed to a $1.6 billion takeover offer from an investor group, sending its shares up as much as 8 percent.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/media_readersdigest_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t085346_349x450_us_media_readersdigest_ripplewood.jpg?x=100&y=130&sig=cPq71SvOpgXG3S._ijEe1w--" align="left" height="130" width="100" alt="photo" title="Issues of Reader's Digest come off the press in Lancaster, Pennsylvania in an undated file photo. The Reader's Digest Association Inc., publisher of one of the most widely-read U.S. magazines, agreed to be acquired by an investor group in a deal valued at about $2.4 billion, the investors said on Thursday. (Feature Photo Service/Handout/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/autos_nissan_ceo_dc nm/20061116/autos_nissan_ceo_dc Thu, 16 Nov 2006 20:43:00 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/autos_nissan_ceo_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t154601_450x354_us_autos_nissan_ceo.jpg?x=130&y=102&sig=LX3pjyu_Jitu.xLenHfK6g--" align="left" height="102" width="130" alt="Carlos Ghosn, CEO of the Renault-NIssan Alliance, speaks to the media after addressing the Detroit Economic Club in Detroit, November 16, 2006. (Rebecca Cook/Reuters)" border="0" /></a>Reuters - Renault SA-Nissan Motor Co. (7201.T) Chief Executive Carlos Ghosn on Thursday said he is open to expanding the current alliance to include an American automaker, but will wait for the timing to be right for Nissan.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/autos_nissan_ceo_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t154601_450x354_us_autos_nissan_ceo.jpg?x=130&y=102&sig=LX3pjyu_Jitu.xLenHfK6g--" align="left" height="102" width="130" alt="photo" title="Carlos Ghosn, CEO of the Renault-NIssan Alliance, speaks to the media after addressing the Detroit Economic Club in Detroit, November 16, 2006. (Rebecca Cook/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/economy_cpi_dc nm/20061116/economy_cpi_dc Thu, 16 Nov 2006 20:36:53 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/economy_cpi_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t090846_450x348_us_economy_cpi.jpg?x=130&y=100&sig=XdJW1US7ZX4YnZHdruVnTg--" align="left" height="100" width="130" alt="A man fills his vehicle at a gas station in Colorado in a file photo. A drop in energy prices helped pull consumer prices down by a more-than-expected 0.5 percent in October and even stripping away volatile food and energy costs, prices were up just 0.1 percent, the government reported on Thursday. (Rick Wilking/Reuters)" border="0" /></a>Reuters - A big energy price drop pulled U.S. consumer prices down sharply in October while industrial output was weak, showing a cooling economy and easing worries over inflation.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/economy_cpi_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t090846_450x348_us_economy_cpi.jpg?x=130&y=100&sig=XdJW1US7ZX4YnZHdruVnTg--" align="left" height="100" width="130" alt="photo" title="A man fills his vehicle at a gas station in Colorado in a file photo. A drop in energy prices helped pull consumer prices down by a more-than-expected 0.5 percent in October and even stripping away volatile food and energy costs, prices were up just 0.1 percent, the government reported on Thursday. (Rick Wilking/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/economy_cpi_dc nm/20061116/economy_cpi_dc Thu, 16 Nov 2006 20:36:53 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/economy_cpi_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t090846_450x348_us_economy_cpi.jpg?x=130&y=100&sig=XdJW1US7ZX4YnZHdruVnTg--" align="left" height="100" width="130" alt="A man fills his vehicle at a gas station in Colorado in a file photo. A drop in energy prices helped pull consumer prices down by a more-than-expected 0.5 percent in October and even stripping away volatile food and energy costs, prices were up just 0.1 percent, the government reported on Thursday. (Rick Wilking/Reuters)" border="0" /></a>Reuters - A big energy price drop pulled U.S. consumer prices down sharply in October while industrial output was weak, showing a cooling economy and easing worries over inflation.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/economy_cpi_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t090846_450x348_us_economy_cpi.jpg?x=130&y=100&sig=XdJW1US7ZX4YnZHdruVnTg--" align="left" height="100" width="130" alt="photo" title="A man fills his vehicle at a gas station in Colorado in a file photo. A drop in energy prices helped pull consumer prices down by a more-than-expected 0.5 percent in October and even stripping away volatile food and energy costs, prices were up just 0.1 percent, the government reported on Thursday. (Rick Wilking/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/markets_stocks_dc nm/20061116/markets_stocks_dc Thu, 16 Nov 2006 20:17:51 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/markets_stocks_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t100313_450x235_us_markets_stocks.jpg?x=130&y=67&sig=o6Y6vy7WZTpN1HAPLt19ZA--" align="left" height="67" width="130" alt="A gas station in Atlanta in a file photo. Stocks opened higher on Thursday after a government report showed consumer prices, excluding food and energy, rose less than expected in October, easing worries about inflation. (Tami Chappell/Reuters)" border="0" /></a>Reuters - U.S. stocks rose on Thursday as inflation data boosted hopes that the Federal Reserve won't have to raise interest rates and may even cut them early next year, but Dell Inc. fueled caution regarding the technology sector after it delayed its earnings report.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/markets_stocks_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t100313_450x235_us_markets_stocks.jpg?x=130&y=67&sig=o6Y6vy7WZTpN1HAPLt19ZA--" align="left" height="67" width="130" alt="photo" title="A gas station in Atlanta in a file photo. Stocks opened higher on Thursday after a government report showed consumer prices, excluding food and energy, rose less than expected in October, easing worries about inflation. (Tami Chappell/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061114/bs_nm/markets_china_individuals_dc nm/20061114/markets_china_individuals_dc Tue, 14 Nov 2006 08:07:20 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061114/bs_nm/markets_china_individuals_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061114/2006_11_14t053006_450x315_us_markets_china_individuals.jpg?x=130&y=91&sig=jxDE.bfmThpKEVtUonjmfw--" align="left" height="91" width="130" alt="A man gestures before an electronic stock board at a securities exchange in Shanghai, October 20, 2006. After deserting the market during a four-year slump that halved the benchmark Shanghai index, ordinary Chinese -- from retirees to office and factory workers, small businessmen and students -- are once again putting their savings into stocks. (Stringer/Reuters)" border="0" /></a>Reuters - Sitting on worn plastic chairs in a downtown Shanghai brokerage hall, more than a hundred people in their 50s and 60s trade rumors, stare at electronic boards displaying prices, or just get on with their knitting.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061114/bs_nm/markets_china_individuals_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061114/2006_11_14t053006_450x315_us_markets_china_individuals.jpg?x=130&y=91&sig=jxDE.bfmThpKEVtUonjmfw--" align="left" height="91" width="130" alt="photo" title="A man gestures before an electronic stock board at a securities exchange in Shanghai, October 20, 2006. After deserting the market during a four-year slump that halved the benchmark Shanghai index, ordinary Chinese -- from retirees to office and factory workers, small businessmen and students -- are once again putting their savings into stocks. (Stringer/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/retail_federated_dc nm/20061116/retail_federated_dc Thu, 16 Nov 2006 17:19:54 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/retail_federated_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t115509_450x321_us_retail_federated.jpg?x=130&y=92&sig=1QgssHWFRoAqu0b3wwUpwQ--" align="left" height="92" width="130" alt="A woman with shopping bags waits inside a Macy's department store in New York in this December 4, 2002 file photo. Federated Department Stores Inc., parent of Macy's and Bloomingdale's, said on Thursday that it will close three distribution centers early next year to reduce excess capacity. (Shannon Stapleton/Reuters)" border="0" /></a>Reuters - Federated Department Stores Inc. , parent of Macy's and Bloomingdale's, said on Thursday that it will cut jobs and close three distribution centers early next year to reduce excess capacity.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061116/bs_nm/retail_federated_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061116/2006_11_16t115509_450x321_us_retail_federated.jpg?x=130&y=92&sig=1QgssHWFRoAqu0b3wwUpwQ--" align="left" height="92" width="130" alt="photo" title="A woman with shopping bags waits inside a Macy's department store in New York in this December 4, 2002 file photo. Federated Department Stores Inc., parent of Macy's and Bloomingdale's, said on Thursday that it will close three distribution centers early next year to reduce excess capacity. (Shannon Stapleton/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters)