Monday,  May 14, 2012 • Vol. 12--No. 305 • 26 of 33 •  Other Editions

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has raised $100 million so far this election cycle to defeat Obama and will support the Republican nominee, very likely to be Mitt Romney.
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Jettisoning CEO with misleading biography won't resolve all of Yahoo's credibility issues

• SAN FRANCISCO (AP) -- Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received.
• The troubled Internet company's next challenge will be convincing its restless shareholders and demoralized employees that the turnaround work started during Thompson's tumultuous four-month stint as CEO won't be wasted.
• It won't be an easy task, given that Yahoo Inc. has now gone through four full-time CEOs in a five-year stretch marked by broken promises of better times ahead. Instead, Yahoo's revenue and stock price have sagged during a time when rivals such as Google Inc. and Facebook Inc. as advertisers spend more money online.
• "Yahoo has been floundering for years and it looks like there is going to at least several more months of indirection now that another CEO is coming in," said Adam Hanft, who runs a consulting firm that specializes in brand reputation and crisis management.
• Yahoo's hopes are now resting on Ross Levinsohn as its interim CEO. Levinsohn had a successful stint running Internet services within Rupert Murdoch's media empire at News Corp. before one of Yahoo's former CEOs, Carol Bartz, hired him in November 2010 to help her in her mostly fruitless attempt to fix the company.
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1 in 3 young adults with autism lack jobs, education; they fare worse than other disabled kids

• CHICAGO (AP) -- One in 3 young adults with autism have no paid job experience, college or technical schooling nearly seven years after high school graduation, a study finds. That's a poorer showing than those with other disabilities including those who are mentally disabled, the researchers said.
• With roughly half a million autistic kids reaching adulthood in the next decade, experts say it's an issue policymakers urgently need to address.
• The study was done well before unemployment peaked from the recession. The situation today is tough even for young adults who don't have such limitations.

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