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Briefcase

Probe finds financial review of Solyndra loan was rushed WASHINGTON — An internal investigation into a half-billion-dollar federal loan to a failed solar company has found that a last-minute review by financial experts was rushed and completed in about a day. Those experts had concerns, such as the debt-to-equity ratio in the project, but there’s […]

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Ailing Yahoo cutting 2,000 jobs as it refocuses

SAN FRANCISCO — Yahoo is laying off 2,000 employees as new CEO Scott Thompson eliminates jobs that don’t fit into his plans for turning around the beleaguered Internet company. The cuts announced Wednesday represent about 14 percent of the 14,100 workers employed by Yahoo. Yahoo estimated it will save about $375 million annually after the […]