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Alibaba offers to buy rest of China's Youku in $3.6B deal

Alibaba said Friday it's offering to buy up the rest of Chinese video streaming site Youku Tudou in a $3.6 billion deal signaling the e-commerce giant's intent to expand beyond its core business of online shopping.

Yahoo says IRS declined to rule on Alibaba spinoff

A crucial deal for Yahoo has hit a snag, with the IRS declining to issue a private ruling that would have confirmed the Internet company can spin off its stake in China's Alibaba Group tax free.

Crunch UN climate talks enter fraught final day

Frustrated negotiators enter the final day Friday of a halting round of crunch UN talks to forge a workable draft for a climate rescue pact to be inked by the year's end.

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