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What Sank Yahoo? Blame Its Nice Guy Founders
The epilogue in the long, sad story of Yahoo!, the web portal with the perpetually ebullient exclamation mark, is finally being written.
Verizon to buy Yahoo's core business for $4.8 billion in digital ad push  Reuters
Here Is Marissa Mayer's Final Letter To Yahoo Employees  Forbes
TechCrunch  
Wall Street slips from record levels on weak oil prices
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.
As Fed meets, no rate hike is expected until late this year  U.S. News & World Report
Why the Fed Should Raise Rates  Economics21
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 Theatres Ups Takeover Bid For Carmike Cinemas To $1.2 Billion  Forbes
AMC Theatres to Acquire Carmike in Sweetened $1.2 Billion Deal  Hollywood Reporter
Japan Needs a Different Kind of Economic Boost, Analysts Say
Prime Minister Shinzo Abe's plan for “comprehensive, bold” fiscal spending this fall isn't getting a warm reception among economists who say that while a stimulus package may temporarily bolster the economy, they'd prefer he focus on long-term ...
G20 growth promise keeps global shares near nine-month high  Reuters
Dollar Steady Ahead of Central Bank Decisions  Wall Street Journal
Sprint Stock Jumps as Much as 22% as It Prepares to Raise Prices
CEO says customers will pay more in not too distant future. Sprint CEO Marcelo Claure told a group of Wall Street analysts on Monday just what they wanted to hear.
Sprint Unveils Second TV Ad Starring Paul Marcarelli, the Actor Who Used to ...  Business Wire (press release)
Sprint revenue beats estimates as discounts attract subscribers  Reuters
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.
NYC subway tunnel used by 225000 people a day will shut down for 18 months  The Verge
Here's What We Know About the Express F Train Plan So Far  DNAinfo
Outerwall to Be Taken Over by Apollo in $1.6 Billion Deal
Outerwall Inc., the owner of Redbox DVD rentals and Coinstar cash-exchange kiosks, agreed to be acquired by private-equity firm Apollo Global Management in a deal valued at $1.6 billion.
Outerwall stock surges on $1.6 billion deal to go private  CNBC
Apollo Global affiliates to take Outerwall private in $1.6 bln deal  Reuters
Politics|EPA Moves to Regulate Climate-Warming Airliner Pollution
WASHINGTON - The government has found that jet engine exhaust is adding to climate change and endangering human health, and needs to be regulated.
EPA clears path to regulate carbon emissions from US aircraft  Reuters
ETrade agrees to acquire OptionsHouse parent for $725 million
ETrade Financial Corp. ETFC, -3.10% announced Monday that it will acquire Aperture New Holdings Inc., the parent company of OptionsHouse, for $725 million.
E*TRADE Announces Acquisition of OptionsHouse  Business Wire (press release)
E*Trade to buy online brokerage OptionsHouse for $725 mln  Philly.com
What Will Become of Ericsson's Deal With Cisco?
Cost-cutting will be the immediate task facing Hans Vestberg's successor as chief executive of Ericsson. ERIC 1.22 % But nor can the anointed candidate, who has yet to be chosen, neglect the long-term goal of reinventing the Swedish hardware group for ...
Ericsson ousts CEO after poor results  Reuters
What's going on in Phoneland?  Gigaom