Capitalizing on the buzz around thoroughbred racing’s biggest event, UPS has inked a sponsorship deal with Kentucky Derby winner Big Brown. And the bet has already paid off.
With consumers strapped and financing tight, it makes sense for General Electric Co. to sell its 101-year-old appliance business, although it may not fetch the best price, analysts said Thursday.
Billionaire investor Carl Icahn is setting out to oust Yahoo’s board of directors for “unconscionable” actions that led Microsoft to withdraw a $47.5 billion buyout offer.
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