According to several sources, Microsoft (MSFT) has dropped its offer to buy Yahoo! (YHOO).The Wall Street Journal writes that "Microsoft said it had increased its offer to $33 a share, ... Read Full Story »
It appears that Boeing (NYSE: BA) is facing another delay for deliveries of its 787 Dreamliner and the company's CEO is facing a major challenge to his credibility. After two ... Read Full Story »
Sprint (NYSE: S) may have found a buyer. The interested party is German phone giant Deutsche Telekom NYSE: DT). DT owns the fourth largest cellular carrier in the US. Sprint ... Read Full Story »
Late word is that the hedge fund business that Citigroup (C) CEO Vikram Pandit sold to the bank for $800 million has lost a huge amount of its value. All ... Read Full Story »