SAN FRANCISCO — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
NEW YORK — Jamie Dimon, chairman and CEO of the country’s biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.
By TAMARA LUSH and BARBARA RODRIGUEZAssociated Press
Monday, May 20, 2013 12:12 a.m.
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ZEPHYRHILLS, Fla. — Some lucky person walked into a Publix supermarket in suburban Florida over the past few days and bought a ticket now worth an estimated $590.5 million – the highest Powerball jackpot in history.
ANCHORAGE, Alaska — The National Marine Fisheries Service announced Thursday it will consider listing a population of harbor seals that live in a freshwater Alaska lake as a threatened or endangered species, a decision that could affect the...
NEW YORK — A research report by the Pew Charitable Trusts said younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt and losses during the Great Recession.
Aiken Mall Acquisition LLC, which owns about 35 acres at Aiken Mall, has been forcelosed upon and owes approximately $28.5 million to U.S. Bank, according to Aiken County Clerk of Court records.
COLUMBIA — South Carolina’s unemployment dropped to its lowest rate in five years in April, state officials said Friday, a drop they attributed in part to increased hiring in preparation for the state’s...
DETROIT — Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years.
NEW YORK — Cisco Systems led the Dow Jones industrial average slightly higher Thursday after the technology company reported higher sales. Mixed corporate earnings and economic reports kept the major stock indexes flipping between slight...
SAN JUAN, Puerto Rico — Coffee production in Puerto Rico has hit the lowest level ever in the island’s history, leaving farmers and government officials worried about how to revive a once burgeoning industry amid a deep economic crisis.
WASHINGTON, D.C. — President Barack Obama picked a senior White House budget official to become the acting head of the Internal Revenue Service on Thursday, the same day another top official announced plans to leave the agency amid the...