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Category : Business (Archive for 2016-07-26) News by Google
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Reuters
Verizon to buy Yahoo's core business for $4.8 billion in digital ad push
Reuters
NEW YORK/SAN FRANCISCO 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 push by ...

CNBC
7 Dow stocks and dozens of others report as Fed gets down to business
CNBC
The Fed begins its two-day meeting Tuesday amid a barrage of earnings news and economic reports on housing and the consumer. Dozens of S&P 500 companies report, with six Dow components reporting before the opening bell, and a seventh — Apple ...

New York Times
Fed Prepares New Action Against Goldman Sachs in Leak Case
New York Times
Goldman Sachs headquarters in New York. Sources say the Federal Reserve is preparing an enforcement action against the bank in connection with a leak of confidential government information in 2014. Goldman has already paid a $50 million penalty to ...

TechCrunch
Amazon partners with U.K. government to test its drones
TechCrunch
Amazon today announced that it has partnered with the UK Government to test some of the technologies that may one day enable its Prime Air drone delivery service. In a partnership with the UK Civil Aviation Authority (CAA), Amazon now has the ...

Seeking Alpha
US Two-Year Government-Bond Yield Hits 1-Month High
Wall Street Journal
Lackluster demand on a new debt sale generated a bout of selling in the U.S. government bond market on Monday, sending the yield on the two-year note to a one-month high. Investors were hesitant to bid on the $26 billion sale of two-year notes ahead of ...

CSPDailyNews.com
Outerwall to Be Taken Over by Apollo in $1.6 Billion Deal
Bloomberg
Outerwall Inc., the owner of Redbox DVD rentals and Coinstar cash-exchange kiosks, agreed to be acquired by private-equity firm Apollo Global Management in a deal valued at $1.6 billion. Investors will get $52 in cash for each Outerwall share, a ...

Smarter Analyst
Gilead cuts 2016 sales forecast, cites hepatitis C drugs
Reuters
Gilead Sciences Inc (GILD.O) on Monday lowered its full-year sales outlook, citing slower-than-expected demand for its key hepatitis C drugs, and said second-quarter profits fell 22 percent. The biotechnology company's shares, which had closed 2.3 ...

Wall Street Journal
EPA Advances Plans to Limit Carbon Emissions from Aircraft
Wall Street Journal
WASHINGTON—The Environmental Protection Agency on Monday advanced plans to limit carbon emissions from aircraft, one of a string of actions President Barack Obama is pursuing in his climate agenda that affects large swaths of the U.S. economy.
New York power demand to reach 2016 high during heat wave on Monday
Reuters
Demand for power in New York state on Monday will top Friday's high for 2016 as consumers crank up their air conditioners to escape a heat wave. The New York Independent System Operator (ISO), which operates the state's power grid, forecast demand ...

BBC News
Solar Impulse completes historic round-the-world trip
BBC News
The Solar Impulse has become the first aircraft to circle the globe powered by the sun, after landing in Abu Dhabi on the last leg of its journey. Bertrand Piccard piloted the plane for a final time, steering it safely from the Egyptian capital Cairo ...

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