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eBay Buys Net Phone Provider Skype
Internet auction provider eBay agrees to buy Skype. eBay will pay $2.6 billion in cash and stock for the Internet calling service, in hopes that it will boost communication between buyers and sellers.
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Trump yanks endorsement of Alabama Senate candidate Brooks, who said to get past 2020
Mo Brooks' Republican Senate campaign has been struggling, and now the former president has pulled his endorsement, citing a dispute over the 2020 election.
Governments have undercounted the COVID-19 death toll by millions, the WHO says
Case in point: India, which reported 481,000 COVID-19 deaths in 2020 and 2021. The World Health Organization found 4.74 million deaths there either directly or indirectly attributable to the pandemic.
Gun deaths hit their highest level ever in 2021, with 1 person dead every 11 minutes
A new report released by Johns Hopkins University shows that gun homicides rose 7.6% from 2020, a year that set a previous U.S. record. Firearms are the leading cause of death for those under age 25.
Yahoo Refusal May Bring Higher Offer from Microsoft
Yahoo Inc. has rebuffed an unsolicited $44.6 billion takeover offer from Microsoft Corp., an offer Yahoo said "substantially undervalues" the company. Microsoft is now expected to sweeten its bid, which valued Yahoo stock at $31 a share.
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Yahoo Saying No to Microsoft Offer
Yahoo is rejecting an unsolicited $44.6 billion offer from Microsoft. But it remains to be seen whether Yahoo shareholders will support a management decision to snub the software giant's bid.
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Former JPMorgan Chase Traders Charged Over 'White Whale' Bets
Federal prosecutors filed criminal charges on Wednesday against two JPMorgan Chase traders involved in the "London Whale" bets that produced $6 billion in losses for the bank. The Securities and Exchange Commission also filed a civil case. The two men were charged with fraud and conspiracy to falsify books and records.
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Most Economists Say Happy New Year — Really
Annual forecasts are brimming with good cheer for 2014: Jobs will come back, stock prices will keep heading higher, and consumer spending will continue to improve, economists predict.
No, Queen Elizabeth Is Not Down To Her 'Last Million'
She's not going to be a pauper anytime soon. Yes, the royal household has drawn down its rainy day fund. But the queen is still worth about $500 million — not counting the billions more in assets that belong to the crown estate.
Cars Are Next Frontier For Sharing Services
Two 19-year-olds from New Jersey noticed all of the cars in long-term parking at the airport. They had an idea: Why not rent them out? They raised $6 million in venture capital funding for their company FlightCar.
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