North America

Barnes & Noble, Microsoft end Nook Media pact

Barnes & Noble Inc (BKS.N) struck a deal to buy Microsoft Corp's (MSFT.O) stake in Nook Media LLC, ending a two-year partnership and clearing the way for the bookseller to spin off its loss-making e-reader and digital content division.


Bebe Stores confirms payment card security breach

Bebe Stores Inc said it detected a hacking attack on its payment processing system that could have compromised data from cards swiped in its stores in the United States, Puerto Rico and U.S. Virgin Islands.

Uber in talks to sell over $1 billion in convertible debt

Uber is in talks to sell more than $1 billion in convertible debt, a source familiar with the matter said, soon after the U.S. taxi service said it raised $1.2 billion in its latest funding round.

Turner's Rome masterpiece breaks records at London auction

One of the last privately owned masterpieces by J.M.W. Turner has sold for a record 30.3 million pounds ($47.47 million) at a London auction, amid a surge of interest in the 19th Century British painter.


Latest News

An Italian white truffle, reportedly the largest in the world, will be sold at an in-house and online auction in New York on Saturday where bidding is expected to start at $50,000 and could go much higher, Sotheby's said on Thursday.
Starbucks Corp, aiming to give cooling U.S. traffic a jolt, on Thursday announced it will add beer, wine, and evening snacks to thousands of domestic cafes, widen lunch offerings and roll out mobile ordering.
U.S. stocks ended slightly lower on Thursday after European Central Bank President Mario Draghi brushed off pressure for more immediate monetary policy action but said the issue would be addressed early next year.
President Barack Obama on Wednesday laid out a business-friendly legislative agenda for next year that hinges on whether he and the new Republican Congress can set aside long-simmering disputes and find common ground.
The trustee overseeing the bankruptcy of a Massachusetts pharmacy linked to a 2012 meningitis outbreak that killed 64 people, filed a plan that would set aside at least $135 million to compensate victims and their families.
Boeing Co (BA.N) Chief Operating Officer Dennis Muilenburg said on Wednesday that the world's largest plane maker is on track to deliver the 110 787 Dreamliners it forecast for this year, despite signs that deliveries fell below target last month.
A U.S. media company said on Wednesday it wants to be among the first broadcasters to launch news-gathering drones once the Federal Aviation Administration (FAA) issues new policies governing the unmanned remote-control aircraft, with test flights beginning in Oregon.
Google Inc's massive effort to scan millions of books for a digital library violates copyright law, illegally depriving authors of licensing fees, royalties and sales, a lawyer for a group of authors told a U.S. appeals court on Wednesday.
Former Microsoft Corp (MSFT.O) Chief Executive Steve Ballmer and civil rights activist Jesse Jackson livened up the technology company's annual shareholder meeting on Wednesday, grabbing the spotlight from the current leaders on stage.
Google Inc plans to roll out child-friendly versions of its most popular products in a bid to be "fun and safe for children", USA Today reported, quoting Pavni Diwanji, the company's vice president of engineering.