Business

Verizon, Yahoo reach acquisition deal after massive data breach

The announcement said Yahoo! would be responsible for 50% of any cash liabilities after any non-SEC (Securities and Exchange Commission) government investigations and third-party litigation related to the breaches ended. The deal will now, therefore, proceed to completion, with all those bits of Yahoo from the 1990s and early 2000s (minus the ones that Yahoo ruined) still going being rolled up into Verizon's own collection of has-been websites.

Business

Milo Yiannopoulos resigns from Breitbart News, apologizes for child abuse comments

Yiannopoulos's invitation to speak at the annual conference on Monday after old clips of him discussing relationships between children and adults emerged on Sunday. The writer also resigned from right-wing Breitbart News shortly before a press conference on Tuesday concerning his remarks. That's perfectly true and every gay man knows it.

Business

NPS: 3 national monuments in DC vandalized

She says the graffiti on the Washington Monument references President John F. Kennedy's assassination and 9/11. "Anytime any of the memorials is vandalized or abused, the staff who works here takes great pride in what these memorials represent", said Mike Litterst, another park service spokesman.

Business

Commodities Are Mixed, Crude Oil Rose Due to Renewed Optimism

OPEC's production cuts are now focusing on mostly heavy and medium grades of crude oil, which opens the door for the U.S.to provide these commodities to countries in need, including China. Since the start of the month oil prices have gained around $2. And after the output cuts were announced , prices soard almost 20 percent. "Prices are being supported by reasonable prospects for demand growth and by the supply outlook, but any rally is capped by the potential for increased production levels, ...

Business

Interserve PLC upgraded to Hold By Peel Hunt

Other equities research analysts have also recently issued research reports about the stock. In an analyst rating update on Tuesday shares of Gemfields PLC (LON:GEM) had their rating reiterated by analysts at JP Morgan Cazenove. Shareholders of record on Thursday, May 4th will be issued a GBX 9.30 ($0.12) dividend. This represents a yield of 2.99%. This report was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze.

Business

Macy's (M) Fourth Quarter Profit Falls Almost 13 Percent

During the fourth quarter, net income fell to $475 million, or $1.54 per share, from $544 million, or $1.73 per share, a year earlier. In contrast, Wal-Mart Stores Inc (WMT.N) reported a 2.8 percent rise in USA sales in the fourth quarter, helped by higher store traffic and strong online sales.


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