Yahoo shares jumped after the company announced its board has formed a committee of independent directors to explore strategic alternatives,…
Read MoreYahoo board forms committee to explore strategic alternatives
(Reuters) - Yahoo Inc said its board formed an independent committee to explore strategic alternatives, alongside the pursuit of the…
Read MoreWorldwide M&A activity falls 23 pct, but U.S. has a flurry
Worldwide mergers and acquisitions deals have fallen 23 percent to $336 billion so far this year compared with last year,…
Read MoreYellen faces tough sell on Fed rate hikes in Congress
By Jonathan Spicer and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) - Federal Reserve Chair Janet Yellen will defend the U.S. central…
Read MoreYahoo to cut 15 percent jobs, close several units: WSJ
(Reuters) - Yahoo Inc Chief Executive Marissa Mayer is set to reveal cost-cutting plans that include slashing 15 percent of…
Read MoreWall Street surges at end of awful January
At one point last week, the S&P's loss for 2016 reached 11 percent before recovering to end the month down…
Read MoreWeak U.S. data deluge points to sharply slower growth
By Lucia Mutikani WASHINGTON (Reuters) - U.S. retail sales fell in December as unseasonably warm weather undercut purchases of winter…
Read MoreWall Street rallies on gradual Fed tightening, improving economy
NEW YORK (Reuters) - U.S. stocks rallied on Wednesday after the Federal Reserve announced it is raising its key policy…
Read MoreWall Street veterans say rate-hike past is not prologue for markets
By Trevor Hunnicutt NEW YORK (Reuters) - It has only been six years since the U.S. stock market rout brought…
Read MoreYahoo will not spin off Alibaba stake, weighs core business sale: CNBC
SAN FRANCISCO/BENGALURU (Reuters) - Yahoo Inc is weighing a sale of its core Internet business and will not sell its…
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