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Yahoo Deal Shows Power Shift - Wall Street Journal

2 hours 45 min ago

NPR

Yahoo Deal Shows Power Shift
Wall Street Journal
Yahoo Inc. has agreed to pay $1.1 billion for Tumblr, a six-year-old company with more than 100 million users but very little revenue, a deal that highlights the shifting balance of power in the technology business.
Yahoo Is Planning to Buy Tumblr for $1.1 Billion New York Times
What Is Tumblr? TIME
5 Reasons Tumblr + Yahoo is Good For Users Forbes
New York Magazine  - Mind Of The Geek  - New York Daily News
all 400 news articles »

Yahoo’s board approves $1.1 billion purchase of Tumblr, WSJ says

9 hours 36 min ago
Yahoo Inc.’s board has approved a $1.1 billion acquisition of Tumblr Inc., a service that hosts 108 million blogs, the Wall Street Journal reported, citing unidentified people familiar with the matter. Tumblr would continue to operate as an independent business and a deal may be announced as early ...

Most fliers would pay to avoid a middle seat on a long flight

12 hours 2 min ago
Most of us will put up with a cramped middle seat on a short flight. But on trips more than three hours long, we are ready to crack open our wallets and pay for a window or aisle seat. 

Inside Penny Pritzker's portfolio: How a billionaire invests

22 hours 2 min ago
Commerce secretary nominee discloses her financial holdings

How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio.

Got THE ticket for tonight's big Powerball drawing? - CNN International

Sat, 05/18/2013 - 3:24pm

AFP

Got THE ticket for tonight's big Powerball drawing?
CNN International
(CNN) -- Two dollars and a dream. That's all it took for Mammie Hicks to plunk down money at a Riverside, Missouri, convenience store for a chance at Saturday's record $600 million multistate Powerball jackpot. "People are more important than money.
Lotto fever strikes US as jackpot swells AFP
Powerball frenzy locks down most possible number combos CBS News
2 split $190M Mega Millions jackpot ABC7Chicago.com
Detroit Free Press  - Atlanta Journal Constitution
all 714 news articles »

In Brazil, Domino's makes rented DVDs smell like pizza

Sat, 05/18/2013 - 11:17am
Don't forget the napkins when you watch a DVD in Brazil.

For GOP, scandals could be an electoral plus - or minus - CBS News

Sat, 05/18/2013 - 5:05am

CBS News

For GOP, scandals could be an electoral plus - or minus
CBS News
As the Obama administration grapples with a series of recent controversies within its ranks, political observers in Washington have begun to calculate their potential political impacts. But while many Republicans believe the scandals could prove a boon to the ...
The real IRS scandal Baltimore Sun (blog)
Republicans Expand IRS Inquiry, With Eye on White House New York Times
IRS Scandal Strategy: The Democratic and Republican Playbooks Businessweek
NBCNews.com  - Politico  - Fox News
all 1,739 news articles »

Report: North Korea launches short-range missiles - CNN

Sat, 05/18/2013 - 3:37am

Vancouver Sun

Report: North Korea launches short-range missiles
CNN
(CNN) -- North Korea launched three short-range guided missiles into the sea off the Korean Peninsula's east coast Saturday, South Korea's semi-official news agency Yonhap cited the South Korean Defense Ministry as saying. The ministry said it had ...
S. Korea Says North Launches 3 Short-Range Missiles New York Times
S. Korea: N. Korea fires 3 short-range missiles - USA Today USA TODAY
North Korea fires three short-range missiles Reuters
Bloomberg  - Los Angeles Times  - ABC News
all 40 news articles »

Forget ExxonMobil. Chevron is new leader in oil.

Sat, 05/18/2013 - 12:59am
While ExxonMobil may be considered the pace-setter in the integrated oil and gas business, Chevron has outperformed its larger rival over the past five years. Chevron pays a slightly higher dividend than XOM (3.3 percent versus 2.8 percent), and its share price has appreciated 22 percent over the ...

Plan aims to turn Navy Pier into more of a park

Sat, 05/18/2013 - 12:00am
Public funding for first phase grows to $115 million

Navy Pier, the highly commercial tourist attraction jutting into Lake Michigan, will take on a more parklike feel under the first phase of redevelopment plans formally announced Friday.

Dodgers owner tells Northwestern graduates to test arguments

Sat, 05/18/2013 - 12:00am
Mark Walter also advises students to give back to society

As a 1985 Northwestern University law school graduate, Mark Walter said he learned to test arguments.

Police: Man conducted multi-state fraud scheme

Fri, 05/17/2013 - 8:11pm
Police in northwest suburban Park Ridge say a 63-year-old Chicago man conducted a fictitious business that defrauded people in at least four states.

Sprint offers up to $150 in credits to keep U.S. Cellular customers

Fri, 05/17/2013 - 4:10pm
Chicago-area U.S. Cellular customers that sign up with Sprint and purchase new smartphones will receive at least $150 in credits, an offer that Sprint officials hope will ease the pain of switching carriers as U.S. Cellular exits the local market.

Accenture to acquire Acquity Group for $316 million

Fri, 05/17/2013 - 2:46pm
The global consulting firm will absorb Acquity's more than 600 employees, most of whom are based in its Chicago headquarters.

Accenture to acquire Acquity Group for $316 million

Fri, 05/17/2013 - 2:46pm
The global consulting firm will absorb Acquity's more than 600 employees, most of whom are based in its Chicago headquarters.

Accenture to acquire Acquity Group for $16 million

Fri, 05/17/2013 - 2:46pm
The global consulting firm will absorb Acquity's more than 600 employees, more than half of whom are based in its Chicago headquarters.

Top Moments From the IRS Hearing - Wall Street Journal

Fri, 05/17/2013 - 2:40pm

Los Angeles Times

Top Moments From the IRS Hearing
Wall Street Journal
Lawmakers looked for answers — but didn't get many –about the IRS's targeting of conservative groups at a hearing Friday, questioning Steve Miller, the ousted head of the Internal Revenue Service, and IRS watchdog J. Russell George. Here are highlights ...
Republican Lawmakers Hammer Outgoing IRS Commissioner - VOA Voice of America
'We could lose everything': Tea Party groups prepare to sue IRS Fox News
Taxing Days Ahead for Everyone in IRS Scandal U.S. News & World Report
Vanity Fair  - Politico  - Washington Post (blog)
all 2,127 news articles »

Police: Man made fake business transactions in at least 4 states

Fri, 05/17/2013 - 1:56pm
Police in northwest suburban Park Ridge say a 63-year-old Chicago man conducted a fictitious business that defrauded people in at least four states and they are now looking for additional victims.

Illinois 1 of only 6 states with higher April unemployment

Fri, 05/17/2013 - 1:54pm
The state unemployment rate fell in April from the month before but was still higher than a year ago, according to date released jointly by Illinois and the U.S. government.

Navy Pier to get 'contemporary' makeover

Fri, 05/17/2013 - 12:05pm
The Navy Pier makeover will feature more green space, less clutter, new fountains, trees and gardens, and a generally updated, contemporary feel.