Yahoo! Inc. Chief Executive Officer Marissa Mayer will unveil updates to the company’s Flickr photo- sharing site at a press event in New York scheduled for May 20, according to a person familiar with the matter.
U.S. stocks rallied for a fourth straight week, sending benchmark indexes to record highs, as data showing confidence improved among consumers and small businesses fueled optimism in the world’s largest economy.
Andy Warhol’s 1962 silkscreen painting “Four Marilyns” sold for $38.2 million at Phillips in New York last night, the top price in a $78.6 contemporary-art sale that concluded two weeks of semi-annual evening auctions.
Tom Wheeler, President Barack Obama’s nominee to head the FCC, agreed to sell holdings of $500,001 to $1 million in both AT&T Inc. and Verizon Communications Inc. to resolve possible conflicts of interest before taking office.