In a letter Thursday, activist shareholder Starboard told Yahoo CEO Marissa Mayer and her board that it should explore a combination with AOL and look to cut costs in an effort to try and improve the company's profits.
Coca-Cola says it's cutting between 1,600 and 1,800 jobs globally as part of an ongoing push to trim costs.
St. Louis city officials said Wednesday that the owner of the Rams isn't returning their calls, so they plan to work directly with the NFL on efforts to keep a team — any team — in St. Louis amid speculation the Rams are headed back to Los Angeles.
Phoenix Suns owner Robert Sarver has increased a takeover offer for financially troubled Scottish soccer club Rangers.
Spain's Banco Santander, the eurozone's largest bank by market value, says it plans to raise up to 7.5 billion euros ($8.8 billion) in a share sale.
Yahoo Inc. investor Starboard said in a letter to Yahoo Chief Executive Marissa Mayer that it's "increasingly concerned" about the growing number of media reports indicating the company's interest in doing large-scale acquisitions, such as Scripps Networks Interactive and Time Warner's CNN.
Shares of some top pharmaceuticals companies are up at 10 a.m.: Baxter International Inc. rose $1.63 or 2.3 percent, to $73.08.
New York City plans to ban food establishments from using plastic foam containers starting July 1.
Shares of some top airlines companies are mixed at 10 a.m.: Delta Air rose $.85 or 1.8 percent, to $47.82.
In religiously conservative Pakistan, a television call-in advice show is tackling an issue rarely discussed in public: Sex.
Shares of some top internet companies are mixed at 10 a.m.: Amazon fell $.94 or .3 percent, to $297.48.
President Obama threw himself back onto the campaign trail this week as he tried to shift the spotlight away from the flurry of activity on Capitol Hill under the new GOP majority, as Republicans and Democrats alike scrambled to round up votes to override a threatened veto on key legislation.
U.S. stocks opened sharply higher on Thursday, as steady oil prices and dovish comments by a Federal Reserve member pushed investors into buying equities.
Average U.S. mortgage rates started the year by dipping to new lows, with the benchmark 30-year rate marking its lowest level since May 2013.
You've heard it before: Eat fewer calories, more fruits and more vegetables.
Dunkin' Brands Group Inc. said it's planning to open more than 1,400 Dunkin' Donuts restaurants in China, as part of a joint venture with Jollibee Worldwide Pte Ltd. and Jasmine Asset Holding Ltd., a unit of RRJ Capital Master Fund II, L.P. The coffee and baked goods chain said the first restaurant is expected to open in the fourth quarter of 2015.
It took just a few hours for the new Republican-controlled Congress to elicit its first veto threat from President Obama, dashing initial hopes for bipartisanship and cementing the status of the Keystone XL pipeline as Washington's reigning political football.