USA TODAYYahoo shares jump; company to spin off AlibabaUSA TODAYLOS ANGELES — Yahoo shares rallied 6% after the company said it would spin off its remaining holdings in Alibaba into a separate entity. Stock in the new investment company created by the tax-free move, SpinCo, will be distributed to Yahoo shareholders.Yahoo sets Alibaba stake spinoff plan, shar […]
QuartzHow Apple Got Us To Spend Even More On IPhonesHuffington PostApple got millions of you to buy a more expensive iPhone. The average price of an iPhone during the three months that ended in December was $687.30, up from $602.92 last quarter, and $636.90 over the same period last year. But that didn't stop people ...Apple shows off record profits, re […]
Wall Street JournalObama Drops Plan to Raise Taxes on '529' College Savings AccountsWall Street JournalHouse Speaker Republican John Boehner called Tuesday for the White House to withdraw its plan to raise taxes on 529 college-savings accounts. Later the same day, the administration said it was dropping its plan. Photo: European Pressphoto Agency. […]
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