Dell panel warns of 'risk' if buyout plan fails

The special committee set up by Dell to evaluate options for the troubled computer giant warned Friday of "substantial downside risk" if shareholders reject a buyout plan led by founder Michael Dell.

Intuit sells financial services unit for $1.03B

Intuit is selling a division that provides software to financial institutions in a deal worth about $1.03 billion as it focuses on products for consumers and small businesses.

Business CEOs call for raising retirement age

An influential group of business executives is pushing a plan to increase the full retirement age to 70 for both Social Security and Medicare and to partially privatize the health insurance program for older Americans.

In US, 19 mn can't get high-speed Internet: study

Around six percent of the US population, or 19 million people, lack access to high-speed Internet even though deployment has improved in recent years, a government study said Tuesday.

Alibaba.com shares surge on privatization bid

(AP) -- Shares of Alibaba.com rocketed on Wednesday after the Chinese e-commerce site said its parent company made a $2.5 billion privatization bid as part of a shift in business strategy that also includes plans to buy ...

China e-commerce firm Alibaba in privatization bid

(AP) -- Alibaba.com's parent company wants to take the Chinese e-commerce company private for $2.5 billion, the firms said Tuesday, part of a shift in business strategy that also includes plans to buy back a stake from Yahoo ...

US bill seeks to improve cyber information-sharing

A bill intended to increase sharing of information about cybersecurity threats between government and the private sector was introduced in the US House of Representatives on Wednesday.

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