Ford Motor Co. Chief Executive Officer Alan Mulally will stay at the automaker through 2014, Director Edsel Ford II said today, reiterating the company’s timetable. Mulally said he loves serving the automaker.
Yahoo! Inc.’s push to hire Katie Couric, who once earned as much as $15 million a year anchoring the “CBS Evening News,” signifies an accelerated drive by Chief Executive Officer Marissa Mayer to build content as more consumers turn to the Internet for television-style reporting.
BlackBerry Ltd.’s swelling inventory of unsold smartphones is approaching the $1 billion mark, raising the chance the company will make its fourth writedown in two years when it posts earnings next week.
Microsoft Corp. reported first- quarter sales and profit that exceeded analysts’ projections as the company, which is looking for a replacement for Chief Executive Officer Steve Ballmer, relied on corporate software demand to make up for weak consumer personal-computer purchases.
BlackBerry Ltd. co-founder Mike Lazaridis’s potential bid for the struggling smartphone maker would face a battle for financing with Canadian investor Prem Watsa, who’s looking to take it private with his own buyout.
EBay Inc. rose after the largest Internet marketplace reported sales and profit that topped analysts’ estimates, buoyed by a campaign to promote its retail offerings and broader use of the PayPal online-payments service.