SAN FRANCISCO (AP) - Microsoft has extended a guarantee that provides Yahoo with financial protection as part of the two companies' Internet search partnership. An arrangement requiring Microsoft Corp. to pay Yahoo Inc. a minimum amount per search on Yahoo's website expired March 31. That had raised concerns Yahoo might make less money from the Microsoft partnership. Those ...
PLANO, Texas (AP) - J.C. Penney Co. says that its first-quarter revenue will likely fall 16 percent and is pointing fingers at prior leadership for part of that shortfall. The struggling retailer fired its CEO Ron Johnson last month after only 17 months on the job and rehired his predecessor Mike Ullman. Johnson, who took the helm in ...
NEW YORK (AP) - Wal-Mart Stores Inc. once again leads Fortune's list of the 500 biggest U.S. companies by revenue, as the world's largest retailer succeeded in posting strong growth despite a challenging economy for its shoppers. The Bentonville, Ark., company's revenue grew nearly 6 percent in 2012 to $469.2 billion. Exxon Mobil Corp. dropped to the second ...
WILKES-BARRE, Pa. (AP) - A single mother who worked briefly at a northeastern Pennsylvania McDonald's franchise is suing the owners after she said she was given a fee-laden debit card and told that she must use it to access her earnings.
California brothers charged with digital piracy of movies TV