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Verizon set to buy Yahoo! for USD 4.8 bln - report

2016-07-25 07:43:00| Telecompaper Headlines

(Telecompaper) Verizon has won the bidding to buy Yahoo!'s web assets for USD 4.8 billion, Bloomberg reports. People with direct knowledge of the situation said the deal will be announced soon. The acquisition includes Yahoo real estate assets, while some intellectual property is to be sold separately, the report said. Yahoo will be left with its stakes in Alibaba Group and Yahoo Japan, with a combined market value of about USD 40 billion.

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US back-to-school apparel spend set to rise 8%

2016-07-22 14:39:00| Daily apparel & textile news and comment - from just-style.com

After tightening their belts and trimming back-to-school spending in 2015, US families are set to spend more freely on school and college supplies this year as they embark on a "stock-up" cycle as opposed to "making do".

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2016 set to be hottest year yet, CO2 on rise: WMO

2016-07-21 14:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The world is on track for its hottest year on record and levels of carbon dioxide have reached new highs, further fuelling global warming, the World Meteorological Organization (WMO) said on Thursday. June marked the 14th straight month of record heat for land and oceans, the United Nations agency said. It called for speedy implementation of a pact reached last December to limit climate change by shifting from fossil fuels to green energy by 2100. A strong El Nino weather event in the Pacific Ocean,...

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Construction set to begin on Wayne State University business school facility

2016-07-18 16:16:00| American School & University

Home for Mike Ilitch School of Business is scheduled to open in 2018. read more

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Millennials 'set to earn less than Generation X'

2016-07-18 01:07:18| BBC News | Business | UK Edition

Millennials could become the first generation to earn less than their predecessors, wiping out generational pay progress, new research concludes.

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