Democratic News
Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
(Reuters) - Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue. The deal, which will use about a fifth of Yahoo's $5.4 billion in cash and marketable securities, is the largest by far since Mayer took the reins in July seeking to reverse a multi-year decline in Yahoo's business and Web traffic. ...
Suicide bomber kills 14 at Afghan province council
KABUL, Afghanistan (AP) — A suicide bomber dressed in a police uniform killed 14 people including a prominent provincial council chief Monday in northern Afghanistan in an attack outside the council headquarters, authorities said. The Taliban insurgency quickly claimed responsibility.
College costs soar, but why?
5 dead, 20 missing in China factory explosion
A massive blast ripped through an explosives factory Monday in eastern China, killing five people and leaving another 20 missing, state media reported. Rescue work was continuing at the site of the mid-morning ...
Powerful tornadoes strike in four central U.S. states
By Chris Francescani (Reuters) - A massive storm front swept north through the central United States on Sunday, hammering the region with fist-sized hail, blinding rain and tornadoes, including a half-mile wide twister that struck near Oklahoma City. News reports said at least one person had died. By 9:30 p.m. Central Standard Time, more than two dozen tornadoes had been spotted in parts of Iowa, Oklahoma, Kansas and Illinois, according to the National Oceanic and Atmospheric Administration and local news reports. ...
Gunmen shoot into Calif. home, 10-year-old killed
Analysis: Shrinking deficit reduces pressure for budget deal
Phoenix police officer dies in fatal hit-and-run
PHOENIX (AP) — A Phoenix police officer and firefighter both died Sunday after suffering critical injuries in separate accidents on the job, officials said.
Powerful tornadoes ravage Plains
'Star Trek' does $70.6M but falls short of studio hopes
LOS ANGELES (AP) — "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations.
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.