No Break in the Standoff of Microsoft and Yahoo (NYT) Still no sign of action from either side, and still no talking -- at least according every single published report we've seen anywhere. If Microsoft and Yahoo are having secret talks, they're doing a damned good job of hiding it.
Deutsche Bank reports 1Q loss on $4.2 billion in write-downs (AP) Another $4.2 billion, but only a $220 million quarterly loss for Deutsche Bank, so the writedown wasn't totally out of proportion with the rest of the quarter. Basically, they did worse than break even, but no losses into the billions. That's a victory. Also, worth noting that Deutsche Bank had telegraphed this result, so no real surprise either way.
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