AT&T nears U.S. approval of $48.5 billion DirecTV merger
WASHINGTON (Reuters) – AT&T Inc is close to wrapping up its deal to buy DirecTV as U.S. telecom and antitrust regulators signaled a green light for the $48.5 billion merger that would create the country’s largest pay-TV company.
Higher costs to attract eyeballs weigh on Yahoo forecast
(Reuters) – Yahoo Inc forecast lower-than-expected revenue for the current quarter as it struggles to revive its core online advertising business and spends more to attract users to its websites.
Apple gives weak forecast, shares fall nearly 7 percent
BENGALURU/SAN FRANCISCO (Reuters) – Apple Inc shares slumped nearly 7 percent in after-hours trading as its fourth-quarter revenue forecast fell short of estimates and it missed some targets for iPhone sales.
Microsoft posts record loss as it writes down Nokia
(Reuters) – Microsoft Corp reported a $3.2 billion quarterly net loss, its biggest ever, as the company wrote down its Nokia phone business and demand fell for its Windows operating system.
McDonald’s may offer all-day breakfast in U.S. from October: WSJ
(Reuters) – McDonald’s Corp could start offering all-day breakfast in its U.S. restaurants as early as October, the Wall Street Journal reported, citing an internal company memo.
Exclusive: Toyota delays move to build Lexus in China – sources
BEIJING (Reuters) – Toyota Motor Corp will likely delay building its premium Lexus brand in China for at least a few years, as growth in China’s auto market slows to a crawl and a weak yen makes it cheaper to keep making cars in Japan.
Harbinger sues Dish, Ergen over LightSquared, seeks $1.5 billion
NEW YORK (Reuters) – Harbinger Capital Partners, the hedge fund firm run by Philip Falcone, filed a new lawsuit accusing satellite TV company Dish Network Corp and its chairman, Charles Ergen, of illegally trying to strip it of control of wireless comp…
IBM, United Tech drag Dow; Apple results weigh on futures
(Reuters) – U.S. stocks closed lower on Tuesday as results from IBM and United Technologies dampened early optimism over earnings season and after-the-bell declines in major tech shares suggested losses would continue on Wednesday.
Greek PM Tsipras rallies Syriza backing before bailout vote
ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras tried to rally his Syriza party on Tuesday before a vote in parliament on the second package of measures demanded by international creditors to open talks on a new bailout deal.
Facebook must hand over New York users’ info to prosecutors, court rules
(Reuters) – Facebook Inc cannot challenge search warrants New York prosecutors used to get information from its site on hundreds of users suspected of Social Security fraud, a state appeals court said on Tuesday, in a decision likely making it harder f…
