Tom Lantos, the House Foreign Affairs chairman and other Congressional investigators plan to look into whether Yahoo (YHOO) officials misrepresented the company’s role in the arrest of a Chinese journalist sentenced to a decade in jail. Lantos ordered the investigation after a human rights group released a document that it said raised questions about what Yahoo knew when it shared information.
Chrysler
The firm became an American company again as Cerberus Capital Management gained a controlling share from Chrysler’s German owners and started on the long road to restoring the 82-year-old automaker’s luster — and profits. DaimlerChrysler AG transferred an 80.1 percent stake in Chrysler to New York-based Cerberus in a $7.4 billion deal.
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