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Market News

Yahoo Deal Shows Power Shift

Posted on:

Yahoo 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.

Wanted: Miners in Brazil for Anglo American

Posted on:

While rising labor costs have become almost routine for global mining firms locals in Brazil have been willing to take lower-level jobs such as operating a conveyor belt or maintaining machines for less than $10,000 a year.

Chesapeake Taps Lawler as CEO

Posted on:

Chesapeake Energy tapped Robert Douglas Lawler, a 46-year-old executive at Anadarko Petroleum, to succeed Chesapeake co-founder Aubrey McClendon as CEO of the nation's second-largest natural-gas producer.

Xbox Girds for a Smartphone Battle

Posted on:

What's underneath the hood of the latest Xbox videogame console represents a multiyear odyssey of trying to figure out how to keep the machine "cool" in the age of smartphones and tablets.

States Bank On Online Sales Tax

Posted on:

Congress hasn't yet agreed to end tax-free shopping on the Internet, but some states already are planning how they'll spend the money.

Testimonials

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Matt Damon

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Tonny J, Florida

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Mark M, USA
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