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  • SAN FRANCISCO— Yahoo CEO Marissa Mayer will walk away with a $55 million severance package if the company's auction of its Internet operations culminates in a sale that ousts her from her job. Although Yahoo's board is still evaluating takeover offers, most investors are betting that the company will decide to sell its well-known brand and an Internet...

  • BOSTON— An Uber driver accused of making strong sexual advances toward a reporter last month is "no longer active" on the popular ride-hailing car service, Uber said Friday. "The driver is not an active driver-partner on the Uber platform," spokeswoman Carlie Waibel said in a statement. Pohle said Uber officials assured her she wouldn't be paired with the driver for...

  • Titan Pharmaceuticals Inc and privately owned Braeburn Pharmaceuticals have together developed a matchstick-sized implant that analysts expect will be approved next month, despite mixed reviews. The market for the implant could also be much bigger than first envisaged should a bill gaining bipartisan support on Capitol Hill become law.

  • NEW YORK— Drug maker Sanofi says it is still committed to its $9.3 billion acquisition offer for Medivation, even though the pharmaceutical firm has rejected its bid. Sanofi has offered $52.50 per Medivation share. Sanofi said that even though San Francisco- based Medivation has chosen to not engage in talks, it is still focused on the combination and will go...

  • Les Moonves

    CBS's executives are considering how they can gain more control over the broadcaster after Sumner Redstone dies, or if he is declared incompetent.

  • Apple Headquarters in Cupertino, California

    The Apple employee found dead at the company's California headquarters died of a self-inflicted gunshot to the head, police said on Thursday.

  • *Comes despite China's efforts to control speculative trading. MANILA/ SHANGHAI, April 29- Commodity futures linked to China's vast steel sector rebounded sharply on Friday, led by iron ore and rebar, as robust construction demand spurred buying even as the country's regulator ordered exchanges to rein in speculative trading. Big bets on Chinese commodities...

  • PARIS— Sanofi says drugs sales in emerging markets helped keep its profits stable in the first quarter despite losses caused by Venezuela's collapsing currency. With early efforts for a Zika vaccine and several other drugs in the pipeline, Sanofi is trying to expand its cancer treatments with a $9.3- billion bid for San Francisco's Medivation Inc. CEO...

  • *Comes despite China's efforts to control speculative trading. MANILA/ SHANGHAI, April 29- Commodity futures linked to China's vast steel sector rebounded sharply on Friday, led by iron ore and rebar, as robust construction demand spurred buying even as the country's regulator ordered exchanges to rein in speculative trading. In response, the exchanges in...

  • April 28- The Apple Inc employee found dead at the company's California headquarters died of a self-inflicted gunshot to the head, police said on Thursday. Mackowiak's body was found Wednesday at Apple's campus in the Silicon Valley community of Cupertino. Apple's so-called Infinite Loop campus is the hub for the company's large workforce in Cupertino, which...

  • SAN FRANCISCO _ Digital Realty Trust Inc. on Thursday reported a key measure of profitability in its first quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for funds from operations of $1.34 per share. Digital Realty Trust expects full-year funds from operations in the range of $5.55 to $5.65 per share.

  • CBS and Viacom Inc both have dual-class share structures with 80 percent of their voting shares owned by National Amusements, a privately-held movie theater company controlled by the 92- year-old Redstone. CBS, home to such shows as "The Big Bang Theory" and "The Good Wife" and premium TV channel Showtime, wants to review all of its options before the trust takes...

  • First-quarter revenue rose to $297.3 million from $230.8 million, and the company's shares rose 11 percent in after-hours trading. The company recently named a new chief executive, co-founder Tim Westergren, hoping to build goodwill in the music industry as it negotiates for licenses to launch an on-demand product. Mike Herring, Pandora's president and CFO,...

  • April 28- A lawsuit accusing PricewaterhouseCoopers LLP of violating U.S. discrimination law by hiring a "stunningly low" number of people over the age of 40 to maintain a youthful culture has been filed in San Francisco. The lawsuit, filed on Wednesday in federal court, said the London- based accounting company does virtually all of its recruiting for...

  • April 28- Music streaming service Pandora Media Inc posted a 29 percent rise in quarterly revenue on Thursday as advertising revenue increased. First-quarter revenue rose to $297.3 million from $230.8 million. Pandora shares were up 11 percent in after-hours trading.

  • Southwest Airlines generally keeps to its schedule but American Airlines, Delta Air Lines and United Airlines make many changes during that time. Let's say a family is flying from Orlando home to Boston. But that flight is $60 more per person than the 9 a.m. flight.

  • PARIS— Drug maker Sanofi made a $9.3 billion bid for San Francisco pharmaceutical firm Medivation on Thursday, part of the firm's effort to expand its portfolio of cancer treatments. Medivation Inc. has so far resisted overtures from Paris- based Sanofi, which is seeking to compete with the likes of America's Bristol-Myers Squibb, Switzerland's Roche and...

  • SAN FRANCISCO, April 28- Uber's proposed settlement of a high-profile class-action lawsuit last week has drawn opposition from some drivers and other concerned parties as the ride-hailing service seeks to avoid reclassifying drivers as employees. The settlement, which still must be approved by a San Francisco federal judge, provides for a $100 million...

  • *Deal at $52.50 a share would boost Sanofi EPS immediately. LONDON/ PARIS, April 28- French drugmaker Sanofi went public with a $9.3 billion offer to buy Medivation on Thursday, setting up what could be a lengthy takeover fight after the U.S. cancer firm rebuffed its approaches. Sanofi's non-binding proposal is to buy Medivation for $52.50 per share in cash,...

  • CEO Matthias Mueller said he held a "two minute" conversation with the president during his visit to Hannover, Germany, this week. The U.S. Environmental Protection Agency could levy fines of up to $18 billion, but analysts think the punishment will not be that drastic. Volkswagen seemed to endorse that view by saying it had set aside 7.0 billion euros globally for...