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.
After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr...
Wednesday, May 15 2013 5:41 AM EDT2013-05-15 09:41:00 GMT
The recession hasn't spared any age group, but it's been especially hard on seniors. More and more Americans 62 and older are turning to reverse mortgages to supplement their cash. But is it right for you?
The recession hasn't spared any age group, but it's been especially hard on seniors. More and more Americans 62 and older are turning to reverse mortgages to supplement their cash. But is it right for you?
Wednesday, May 15 2013 5:04 AM EDT2013-05-15 09:04:58 GMT
The amount of money many of us pay in taxes in a given year is often times larger than any purchase we'd make. Where does that really money go? Well, there is a way to find out.
The amount of money many of us pay in taxes in a given year is often times larger than any purchase we'd make. Where does that really money go? Well, there is a way to find out.
Monday, May 13 2013 6:56 AM EDT2013-05-13 10:56:00 GMT
It's pretty normal these days when you're apartment hunting to be asked to pay an application fee. Those fees can be pretty steep, and can be at least $50 for every application.
It's pretty normal these days when you're apartment hunting to be asked to pay an application fee. Those fees can be pretty steep, and can be at least $50 for every application.
Sunday, May 12 2013 10:55 PM EDT2013-05-13 02:55:49 GMT
Shopping for graduation gifts can be a headache, especially when the graduate in your life may be asking for the latest, greatest gadget.
Shopping for graduation gifts can be a headache, especially when the graduate in your life may be asking for the latest, greatest gadget.
ATLANTA -
Delta Air Lines Inc. is mulling the purchased of a 49 percent stake in British airline Virgin Atlantic Airways from Singapore Airlines Ltd., according to media reports.
The remaining 51 percent of Virgin Atlantic is owned by billionaire Richard Branson, who founded the airline in 1984.
Singapore has been considering selling its stake in Virgin for several years and has talked with Delta about a sale in the past, according to the Wall Street Journal.
Virgin has been looking for a possible suitor, too. It hired investment firm Deutsche Bank in 2010 to explore its options.
Buying Virgin is attractive to a carrier like Delta because of its potential to unlock more access to London's Heathrow airport, a key international gateway. Virgin is the second-biggest airline there after British Airways.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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