Long in talk, previously spurned, Microsoft finally swallows hard and offers to buy Yahoo! for $44.6 billion dollars in a deal that not only is rich (in terms of dollars and sense), but may help Yahoo! in its most desperate time and its rapidly sinking fortunes amid a spooked but increasingly dominant Google.

Pundits say regulators are bound to give the deal a go, and antitrust concerns all but nonexistent given how Google controls the search space, which is where the action really is being...

By Diane M. Grassi

Major League Baseball (MLB) will celebrate the 60th Anniversary of Jackie Robinson’s entry into the major leagues, on April 15, 2007, which ended the prohibition of integration of African American players. However, it is arguable how much MLB has built upon his symbolic legacy, as civil rights hero, since it enjoyed complete integration in 1959.

For it is has been documented, and especially over the past 10 years, as the 2007 baseball season...

Microsoft has embraced Novell Inc.'s open-source software platform, forming a technological agreement between two longtime antagonists who want to make it easier for the still-dominant Windows operating system and the increasingly popular Linux system to work together.

The truce wast announced on Thursday between the world's largest seller of patent-protected software and a leader in the open-source software movement has potentially important business, technical and legal...

A whistleblower tried to stop Hewlett-Packard Co.'s heist of personal phone records seven months before it erupted into a national scandal, according to a document released Thursday.

Vincent Nye, part of a five-man team that oversaw HP's efforts to plug a boardroom leak, warned the investigation had gone awry in a Feb. 7 e-mail referring to shady tactics that duped phone companies into handing over the calling records of seven company directors, nine journalists and two employees.

"I...

Wal-Mart Stores Inc. is under increasing attacks for what its critics call inadequate health care coverage for its 1.3 million workers and is thus preparing to sell generic prescription drugs to its employees and customers at reduced prices, according to published reports.

The world's biggest retailer is expected to announce a test that will involve reduced prices on generic drugs, according to The New York Times. The Wall Street Journal said Wal-Mart would announce "a low price strategy"...

Wall Street limped to a mixed finish Monday as uncertainty over the situation in the Middle East and a disappointing earnings report from Citigroup gave traders little impetus to buy after last...

Stocks finished an uneasy session mixed Monday as investors grew nervous ahead of the second-quarter earnings season. Weakness in the technology sector dragged on the Nasdaq composite index....

Stocks, bonds, and commodities surged and the dollar sank on Friday upon speculation of two years that U.S. rate rises could be coming to an end, easing concerns that higher borrowing costs could...

Nokia and Siemens have both agreed to combine their telecom equipment units to create one of the biggest players in the industry.

The companies said the businesses to be combined in the 50-50...

Stocks across Asia tumbled to their lowest levels in months today in the wake of declines on Wall Street and amid anxiety that possible U.S. interest rates hikes will slow U.S. and global growth....