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FBN’s Adam Shapiro on Yahoo cutting 200 jobs as part of its decision to close its Korean business.
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I'm Adam Shapiro -- -- Fox Business -- Wall Street closed lower for a second straight day after the Federal Reserve's latest policy decision did little to boost the markets as expected.
The Central Bank is sticking with its bond buying program called QE3 unveiled last month another round of underwhelming corporate results also -- markets down.
Cheesecake Factory released its third quarter results after the closing bell earnings per share for the restaurant -- in line with estimates of 49 cents.
Revenue fell short of expectations at 453.
Point eight million dollars.
Yahoo! -- started to notify roughly 200 employees they will lose their jobs once the search engine closes shop in Korea at the end of the year.
As of right now Yahoo! is unable to estimate the amount of total charges it will it -- Proof as a result of the shutdown that's the latest from the Fox Business that we're giving you the power.
