SAN FRANCISCO - Marissa Mayer, chief executive of Yahoo, said on Tuesday that the Internet company would spin off its 15.4 percent stake in Alibaba, China's leading e-commerce company, into a separate company.
Shoppers, including Kathy Pappas, left, and Alyssa Pappas of West Springfield, look for bargains at the Holyoke Mall on the day after Christmas, December 26, 2014.
AT&T, one of the largest U.S. telecom companies, said Tuesday its wireless sales grew nearly 8% in the 2014 fourth quarter but reported a net loss of $4 billion as operating expenses rose.
China's slowdown is expected to hit construction-equipment sales at Caterpillar, but that shouldn't come as a surprise. Photo: Reuters.
A jogger gets in some exercise on the Grand Strand in Myrtle Beach, South Carolina. The Strand is a 60-mile stretch of coastline. Store.