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Mayer's 'Plan to Stay' Means Finding Home for Rest of Yahoo
Marissa Mayer's work at Yahoo! Inc. -- or what's left of it -- is far from over. Moments after announcing plans to sell Yahoo's core assets to Verizon for $4.83 billion, she sent a note telling employees she's not going anywhere for the time being.
AOL CEO on Yahoo deal: “We want to get to 2B users” [Memo]  TechCrunch
Verizon to buy Yahoo's core business for $4.8 billion in digital ad push  Reuters
Wall Street Journal  
Weak oil pulls Wall Street off record highs; Fed meet eyed
U.S. stocks slipped from their record levels on Monday as oil weighed on energy shares and as investors awaited this week's Federal Reserve monetary policy meeting.
Things are Great...Buy Stocks! Things are Terrible...Buy Stocks!  Wall Street Journal
Politics|As Fed Meets, No Rate Hike Is Expected Until Late This Year  New York Times
Thumbs Up for AMC
Tara Lachapelle is a Bloomberg Gadfly columnist covering deals. She previously wrote an M&A column for Bloomberg News. Facebook · Twitter · Email; Print; Share.
AMC Theaters CEO Expects “Hysterical” Carmike Investor Response To Final ...  Deadline
AMC pops amended deal with Carmike at $1.2 billion  USA TODAY
L Train Will Shut Down From Manhattan to Brooklyn in '19 for 18 Months
L train riders at the Bedford Avenue stop on Saturday in Williamsburg, Brooklyn. About 225,000 passengers ride the L train across the East River every day.
Here's What We Know About the Express F Train Plan So Far  DNAinfo
NYC subway tunnel used by 225000 people a day will shut down for 18 months  The Verge
Outerwall stock surges on $1.6 billion deal to go private
Shares of Outerwall jumped 11 percent Monday after the company announced it would be bought for $1.6 billion by funds managed by Apollo Global Management.
Redbox Owner Outerwall Is Going Private in a $1.6 Billion Deal  Fortune
Redbox Owner Outerwall to Be Acquired for About $900 Million  New York Times
Ericsson ousts Swedish CEO after plan to boost revenue, profit stalls
Ericsson CEO Hans Vestberg spoke with employees at the company's North American headquarters in Plano in 2013. (Ericsson). By Wire Services newsfeedback+wireservices@dallasnews.
What Will Become of Ericsson's Deal With Cisco?  Wall Street Journal
Ericsson ousts CEO after poor results  Reuters
Group Led by Baidu CEO Abandons Bid to Buy Out Video Unit
A consortium led by the chief executive of Chinese search giant Baidu Inc. BIDU -1.46 % dropped its $2.3 billion bid to buy out the company's video-streaming operation after investors criticized it as a sweetheart deal for Baidu's chief to profit at ...
Billionaire Li Drops Bid for Baidu's Netflix-Like Video Unit  Bloomberg
Baidu Announces Receipt of Withdrawal of Buyer Group's Non-Binding Offer ...  PR Newswire (press release)
Exxon, Saudi Firm Seek to Build Petrochemical Plant on US Gulf Coast
Exxon XOM -1.71 % Mobil Corp. is considering a major new petrochemical complex on the U.S. Gulf Coast that would be developed as a joint venture with Saudi Basic Industries Corp.
Saudi's SABIC says studying petchems JV with Exxon Mobil affiliate  Reuters
Louisiana, Texas battling for major petrochemical complex proposed by SABIC ...  The Advocate
Gasoline prices continue to fall here and across the nation
CLEVELAND-- The average price of gasoline in Cleveland this Monday morning is $2.03 a gallon, the AAA and GasBuddy independently report.
AAA: RI gas prices drop to 12-year late-July low  The Providence Journal
What's causing N.J. gas prices to continue to tumble?  NJ.com
E*Trade Is Buying an Online Brokerage for $725 Million
To become more competitive in derivatives trading. E*Trade Financial ETFC -2.94% said it would buy the parent of online brokerage OptionsHouse for $725 million in cash, as the company looks to better compete in derivatives trading.
E*TRADE Announces Acquisition of OptionsHouse  Business Wire (press release)
ETrade agrees to acquire OptionsHouse parent for $725 million  MarketWatch