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Yahoo's $1.1bn Tumblr takover is a bold roll of the dice

The Guardian

Despite the breadth and diversity of life online, there are relatively few opportunities to make the kind of acquisitions that make the industry stop and take stock. Yahoo's $1.1bn deal to buy Tumblr is one of those moments: a bold acquisition that says chief ...

Yen firms on minister's comments but gains seen temporary

Reuters

By Anirban Nag. LONDON | Mon May 20, 2013 7:06am EDT. LONDON (Reuters) - The yen lifted off a 4-1/2-year low against the dollar on Monday after Japan's economy minister suggested the currency might have weakened enough, prompting some ...

Hedge Fund Owner Gets Subpoena to Testify - CNBC.com

CNBC.com

Steven A. Cohen has received a subpoena to testify before a grand jury in the government's insider trading investigation into his hedge fund, SAC Capital Advisors, a development that signals a newly aggressive phase in the multiyear inquiry, according to ...

Health insurance exchanges will lack some key features designed to protect ...

Boston.com

WASHINGTON — When millions of Americans around the country sign up for insurance under President Obama's sweeping health care law in October, the system they encounter will lack some of the key protections and cost controls that Massachusetts ...

Gains in China New-Home Prices Signal Growth Challenge for Li

Bloomberg

China's new-home prices rose last month in 68 of 70 cities tracked by the government, indicating Premier Li Keqiang will need to maintain efforts to cool the property market even as economic growth slows. Increases in Guangzhou, Beijing and Shanghai were ...

American Airlines Doesn't Want Your Bags in the Cabin

Businessweek

The airline that introduced checked-baggage fees has learned the downside of funneling more suitcases into the cabin: It takes longer for people to board. As a result, American Airlines will now allow passengers with only an item small enough to stow on the ...

Boeing's 787 Dreamliner Flies Again

Businessweek

Would you get on a Boeing 787 today? Or would you remember the pictures of charred batteries and think twice? That's the problem. Years from now, the Dreamliner may be profitable, even legendary like the 737 model Boeing (BA) has been making for ...

Sen. demands airlines reverse flight change fees

Wall Street Journal

NEW YORK — New York Sen. Charles Schumer is urging airlines to reverse flight change fee increases. The Democrat said Sunday that the additional charge makes it difficult for families on fixed budgets. Four major airlines — Delta Air Lines, American ...

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