Verizon Communications Inc. said Monday it would buy Yahoo Inc.'s core Internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the fading Web pioneer.
The number of Americans filing for unemployment aid fell from a 14-month high last week, the latest sign that the economy was regaining speed after stumbling in the
Yahoo Inc's plans to turn around its struggling core business are set to dominate its earnings report on Tuesday, with investors keen to see if CEO Marissa Mayer will push ahead with a proposed spi
Sprint Corp. is nearing an agreement on the price, capital structure and termination fee for an acquisition of T-Mobile U.S. Inc. that could value the wireless carrier at almost $40 a share, people with knowledge of the matter said.
U.S. stocks fell, halting a seven-day win streak for the Standard & Poor’s 500 Index, as materials producers plunged while investors weighed the prospects for Federal Reserve stimulus cuts and watched developments on Syria.
Apple Inc.’s debut of the newest iPhone on all four top U.S. carriers at the same time will test the loyalty of customers at AT&T Inc. and Verizon Wireless.
Sprint Nextel Corp., whose investors backed a takeover by SoftBank Corp. yesterday after an eight-month fight, is now preparing to use the firepower of its soon- to-be parent company to target Verizon Wireless and AT&T Inc.
