Business

Photo

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

Exclusive: U.S. Air Force to move forward target date for F-35 use

WASHINGTON - The U.S. Air Force plans to start operational use of Lockheed Martin Corp.-built F-35 fighter jets in mid-2016, a year earlier than planned, using a similar software package as the Marine Corps, two sources familiar with the plans said on Monday.

9:29pm EDT

United Airlines to return all Boeing 787s to service this week

CHICAGO - United Airlines said on Monday it expects to have its entire fleet of Boeing 787 Dreamliners back in service this week, as the airline's first flight with the new jetliner in four months landed safely in Chicago.

7:01pm EDT

Tesla Motors may repay U.S. loan by Wednesday: CEO

- Tesla Motors Inc may repay its U.S. Department of Energy loan as early as Wednesday, Chief Executive Elon Musk said in a message on Twitter on Monday.

9:36pm EDT

Apple to argue for tax reform, defend tax practices on Tuesday

SAN FRANCISCO - Apple Inc will argue for a comprehensive corporate tax reform that will levy a "reasonable tax" on foreign earnings and is not dependent on a company's revenue when it goes before a Senate panel on Tuesday to explain its offshore tax practices.

Tech, Media 5:05pm EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors
Stock Search
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 -0.05%
EUR/USD 1.2889 +0.06%
GBP/USD 1.5251 -0.02%
USD/JPY 102.46 +0.22%
Gold 1,387.50 +3.20 +0.23%
Oil 96.65 -0.06 -0.06%
Corn 644.75 -4.75 -0.73%

Trending Tickers