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Yahoo! strikes $7B deal with Alibaba

Yahoo headquarters is pictured in SunnyvaleYahoo! announced today it has reached an agreement with Alibaba Group on a staged and comprehensive plan to unlock the Yahoo's investment in the Alibaba. The plan, which was announced in a release, includes a transaction this year where Alibaba will purchase up to one-half of Yahoo's current stake in Chinese e-commerce company Alibaba. The [...]

For NY farmers, fracking could mean salvation -- o...

When Dan Fitzsimmons looks across the Susquehanna River and sees the flares of Pennsylvania gas wells, he thinks bitterly of the riches beneath his own land locked up by the heated debate that has kept ...

U.S. trainer shot in Yemen, army advances on milit...

SANAA/ADEN (Reuters) - Unidentified assailants shot and seriously wounded a U.S. military instructor in Yemen on Sunday, while the army closed in on a town controlled by al Qaeda-linked fighters in heavy fighting that killed at least 27 people, local officials said. Four Americans - who were in the impoverished Arab state training its coastguard - were in the car that was attacked, a Yemeni coastguard officer said. "They were leaving their hotel in a Land Cruiser when militants in another car pulled up alongside and opened fire with rifles. ...

3 charged with terror conspiracy ahead of NATO

Three men arrested earlier this week when police raided a Chicago apartment were being held on terrorism conspiracy charges Saturday stemming from allegations that they tried to make Molotov cocktails ahead of the NATO summit, but the first major dress rehearsal of this weekend's large-scale protests was relatively peaceful.

Private rocket secretly carring celebs to space

When SpaceX launches its Falcon 9 rocket it will secretly be carrying celebrities. Actor James Doohan, who played Scotty on the original "Star Trek" series, died in 2005.