Business
Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
SAN FRANCISCO/NEW YORK - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. | Video
Recent Business News
Trade group SIFMA names ex-Senator Gregg as CEO
NEW YORK - SIFMA, the U.S. securities industry's largest trade group, named former Senator Judd Gregg as chief executive officer, in a move that may signal a desire to mend fences with ordinary Americans and U.S. Congress.
Chesapeake Energy hires Anadarko executive as CEO
- Chesapeake Energy Corp on Monday named a top executive at rival Anadarko Petroleum Corp to head the No. 2 U.S. natural gas producer, which has suffered a governance crisis and liquidity crunch over the last year.
GM gearing up for big ad push for crucial new pickups: executive
DETROIT - The launch of General Motors Co's redesigned Chevrolet Silverado, the most important since the automaker's bankruptcy and $50 billion taxpayer-funded bailout in 2009, is on track and advertising for its full-size trucks should begin in a few weeks, a top GM executive said on Monday.
First flight nears, A350 could make Paris show flyby
PARIS - Airbus could steal the Paris air show with a flyby of its newest passenger jet, the A350, as confidence grows over a maiden flight some four weeks away.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 15,335.28 |  -19.12 |
-0.12% |
| S&P 500 | 1,666.29 | -1.18 |
-0.07% |
| NASDAQ | 3,496.43 | -2.53 |
-0.07% |
| TR US Index | 151.23 | -0.07 |
-0.04% |
Sector Summary
| Energy |  +1.02% |
| Basic Materials | +0.72% |
| Industrials | +0.79% |
| Cyclical Goods & Services | +0.60% |
| Non-Cyclical Goods & Services | -0.13% |
| Financials | +0.41% |
| Healthcare | -0.26% |
| Technology | +0.44% |
| Telecoms | +0.42% |
| Utilities | +0.76% |
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