Yahoo buys fashion website Polyvore
(Reuters) - Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.
Goldman tentatively agrees to pay $270 million to settle lawsuit: source
(Reuters) - Goldman Sachs Group Inc has tentatively agreed to pay about $270 million to settle a lawsuit by investors, according to a source familiar with the matter.
Liquidity risks overhang high-yield ETFs
NEW YORK (Reuters) - Shareholders in the AdvisorShares Peritus High Yield ETF who sold in late 2014 are probably not the last to pay up for liquidity risk, a growing hazard for some fixed-income investors bracing for the first Federal Reserve interest rate hike in nearly a decade.
Uber valued at about $51 bln after latest funding round: WSJ
(Reuters) - Uber Technologies Inc has closed a new round of funding that values the online taxi-hailing company at nearly $51 billion, the Wall Street Journal reported, citing people familiar with the matter.
BofA likely to hold vote this year on Moynihan chairmanship: source
NEW YORK (Reuters) - Bank of America is likely to hold a shareholder vote this year to determine whether Chief Executive Brian Moynihan should be allowed to retain his title of chairman of the bank's board, a person familiar with the matter said on Friday.
Pacific Rim free trade talks go down to the wire
LAHAINA, Hawaii (Reuters) - Talks on a Pacific Rim free-trade pact faced a fast-approaching deadline on Friday as trading partners aimed to wrap up a deal within hours, with issues including trade in dairy products and monopoly periods for next-generation drugs still unresolved.
Apple, BMW in courtship with an eye on car collaboration
FRANKFURT/SAN FRANCISCO (Reuters) - BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars.
EU opens in-depth inquiry into Fedex’s planned takeover of TNT
BRUSSELS (Reuters) - The European Commission said on Friday it had opened an in-depth investigation into Fedex's proposed 4.4 billion euro ($4.9 billion) takeover of Dutch rival TNT Express .
Who needs the Fed? The rate hike cometh on its own
NEW YORK (Reuters) - As traders, market pundits and economists jaw over whether the Federal Reserve this year will lift its benchmark lending rate for the first time in almost a decade, several corners of the U.S. bond market are not waiting around.
Car hacking risk may be broader than Fiat Chrysler: U.S. regulator
WASHINGTON (Reuters) - The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said on Friday.