News
By Ronald Grover and Greg Roumeliotis LOS ANGELES/NEW YORK (Reuters) - Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on Friday. Yahoo just this week announced a $1.1 billion acquisition of blogging service Tumblr. It now joins rival bidders for Hulu, including Time Warner Cable Inc, DirecTV, former News Corp president Peter Chernin and Guggenheim Digital Media, sources have said. It is unclear how much the Internet company bid. ...
News Corp to take charge of up to $1.4 billion this quarter
By Jennifer Saba (Reuters) - News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business between its newspaper and entertainment operations. The company said the goodwill impairment charge was primarily for its Australia newspapers though it gave no more details. It also said it expected reduced cash flows in the future. The charge will be taken in the quarter ending June 30 and could effectively wipe out News Corp's profit. ...
Business News Headlines - Yahoo! News
A concordat with the Vatican has exempted the church from taxation but towns and cities are looking for loopholes to get at funding during austere times
Why the U.S. Won't Give Up on Kofi Annan's Syria Plan
Obama Administration is sticking with Annan's Syria plan because the alternatives seem even worse
TIME.com: Top World Stories
A timeline of N Srinivasan's rise to power in the BCCI and some major decisions that he enforced
Cricket news from ESPN Cricinfo.com
MONACO (AP) — German driver Nico Rosberg posted the fastest time in the crash-marred third practice session of the Monaco Grand Prix on Saturday.
Sports News Headlines - Yahoo! News
Scouting is a rite of passage for many American youth, but until now, openly gay boys were prohibited from participating in the century-old Boy Scouts of America (BSA) organization. In a controversial vote on Thursday, the group's National Council approved a resolution to lift the ban on granting membership to homosexual youth, though the ban on openly gay adult leaders remains in effect. The new policy will become effective on January 1, 2014. Supporters of gay rights are applauding the move, but not everyone is pleased. Some individuals have resolved to sever their ties with the organization, and it is possible that some faith-based organizations will do the same. DiscussIn the News
WASHINGTON (AP) — Health officials are investigating cases involving patients who suffered complications after being injected with potentially contaminated medications made by a Tennessee specialty pharmacy.
Report: Nation's kids need to get more physical
WASHINGTON (AP) — Reading, writing, arithmetic — and PE?
Health News Headlines - Yahoo! News
After witnessing a deadly high-rise hotel fire, Dan Goodwin resolved to call attention to the need for better skyscraper firefighting and rescue techniques. Six months after the blaze, he donned a homemade Spider-Man suit and, using suction cups and climbing gear, began an ascent of Chicago's Sears Tower—then the world's tallest building. He reached the top seven hours later and was promptly arrested. What structure—formerly the world's tallest—did he climb with no equipment, twice in one day? DiscussThis Day in History
In the sun-time, when the world is bounding forward full of life, we cannot stay to sigh and sulk ... but if the misfortune comes at 10PM, we read poetry or sit in the dark and think what a hollow world this is. DiscussQuote of the Day
After studying engineering in Kiev, Sikorsky devoted himself to developing the helicopter. In 1910, after failing to build a workable model, he turned to fixed-wing airplane design, and, several years later, he built and flew the first multi-motored plane, a four-engine aircraft with an innovative enclosed cabin. Sikorsky immigrated to the US in 1919 and had continued success designing airplanes. How long would it be before he finally realized his dream of building his first working helicopter? DiscussToday's Birthday
Hugo Chávez, a former tank commander turned populist politician who used Venezuela's oil riches to pursue his vision of socialism and challenge the U.S., died Tuesday from complications related to cancer.
WSJ.com: Today's Most Popular