Verizon sale leaves Yahoo investors betting on a stub
(Reuters) – Yahoo Inc shareholders may be left betting on how quickly, if at all, the former web pioneer can cash in on its multi-billion dollar stakes in two Asian peers after Monday’s deal to sell its core internet assets to Verizon Communications In…
Verizon to buy Yahoo’s core business for $4.8 billion in digital ad push
NEW YORK/SAN FRANCISCO (Reuters) – Verizon Communications Inc said on Monday it would buy Yahoo Inc’s core internet properties for $4.83 billion in cash, marking the end of the line for a storied Web pioneer and setting the stage for a big new internet…
Amazon gets permission from UK to explore drone deliveries
(Reuters) – Amazon.com Inc said on Monday it has entered into a partnership with the British government to speed up the process for allowing small drones to makes deliveries.
Fed prepares action against Goldman over NY Fed leak: NYT
NEW YORK (Reuters) – The U.S. Federal Reserve is preparing an enforcement action against Goldman Sachs Group Inc related to a leak of confidential government information to one of its employees, the New York Times reported on Monday.
Wall St. expects big helping of earnings from restaurants
SAN FRANCISCO (Reuters) – Wall Street is expecting a solid helping of earnings from McDonald’s and other restaurant operators that are preparing to serve up quarterly results over the next few days.
Nintendo shares dive as company plays down Pokemon GO’s earnings impact
TOKYO (Reuters) – Shares in Nintendo Co tumbled as much as 18 percent on Monday after the company said Pokemon GO would have a limited impact on its earnings – their biggest setback so far after a huge run-up on the smash-hit game.
Wall St. declines as earnings take center stage
(Reuters) – U.S. stocks receded from record highs on Monday as oil weighed on energy shares and investors awaited an avalanche of quarterly reports.
Deutsche Bank must face U.S. lawsuit over subprime disclosures
NEW YORK (Reuters) – A U.S. judge on Monday said Deutsche Bank AG must face part of a lawsuit claiming it deceived investors who bought more than $5.4 billion of preferred securities by concealing its exposure to the fast-deteriorating subprime mortga…
Star Wars may propel U.S. toy industry to best year since ’99: NPD
(Reuters) – The Force is with the U.S. toy industry this year.
Starbucks shuffles management as it rolls out new store concepts
(Reuters) – Starbucks Corp on Monday said it was tweaking its management structure as part of a long-range growth strategy that includes opening new retail concepts, including upscale coffee shops and bakery outlets.
