Quantcast

Business News / Business

Morale hits a new low on Egypt stock market

CAIRO -- His phone doesn't ring and his charts are gloomy.

But every day Mostafa Ismail, a financial broker with a hangman's demeanor, steps into the Egyptian stock exchange hoping for positive blips. They are rare in a nation where revolution ...

Yahoo makes $1.1 billion deal to buy Tumblr

SAN FRANCISCO--Yahoo's board of directors has approved a $1.1 billion cash acquisition of blogging site Tumblr.

It's the biggest and riskiest deal yet for Yahoo Chief Executive Marissa Mayer, who is trying to make pioneering Internet company ...