Yahoo! Facing More Pressure From Shareholders
Yahoo! is facing shareholder pressure to pursue other alternatives besides a complex spinoff of its internet operations while CEO Marissa Mayer struggles to revive the company's revenue growth.
Watch CBS News
Yahoo! is facing shareholder pressure to pursue other alternatives besides a complex spinoff of its internet operations while CEO Marissa Mayer struggles to revive the company's revenue growth.
If you've got holiday presents to send and are planning to mail them today you can expect a bit of a wait at the post office.
Two Texas public employee retirement funds have filed a shareholder lawsuit in Delaware challenging a deal in which Dole Food chairman and CEO David Murdock took the company private.
Ford said that it will introduce 13 new electrified vehicles worldwide by 2020, including an updated Focus sedan that will go on sale late next year. Ford said that it will spend $4.5 billion to meet its electrification goals.
Fiat Chrysler will pay a $70 million fine to the U.S. government for failing to report safety data.
Facebook CEO Mark Zuckerberg is offering words of support for Muslims who fear retaliation for the recent violent attacks by Islamic extremists in Paris and San Bernardino.
Walmart, the world's largest retailer, said that it is testing its own mobile payment system that will allow shoppers to pay with any major credit or debit card, or its own store gift card, through its app at the cash register.
Retail gasoline prices in Texas and nationwide have declined an average 3 cents per gallon this week. AAA Texas on Thursday reported that the average price at the pump statewide was $1.82 per gallon.
American Airlines says it will start selling "premium economy" service on international flights, with leather seats, entertainment systems and meals.
Yahoo is scrapping its original plan to spin off its prized stake in China's Alibaba Group and will instead explore breaking off the rest of its business into a new company.
Dallas-based Southwest said Tuesday that revenue for every seat flown one mile will be flat to down 1 percent in the fourth quarter compared with the same period last year. Just a month ago, the airline predicted a 1 percent increase.
Facebook has lifted a ban that blocked material from Tsu, a small rival challenging the world's largest social network's financial dependence on free content shared by its 1.5 billion users.
Commercial bakery Pepperidge Farm says Trader Joe's sells a cookie that too closely resembles its Milano brand and has filed suit against the grocery chain for trademark infringement.
Investigators with the Texas Alcoholic Beverage Commission along with the U.S. Postal Inspector are working to identify the culprits behind a suspected extortion scam involving several TABC-licensed businesses.
Keurig, the maker of single-cup coffee machines, said Monday that it has agreed to be sold to private equity firm JAB Holding Co. for almost $14 billion. Keurig has been dealing with slowing sales of its machines and its K-cups.