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Business News

Stock futures signal higher Wall Street open (Reuters)

A Wall St. sign is seen outside the New York Stock Exchange, February 6, 2012. REUTERS/Brendan McDermidReuters - Stock index futures pointed to a slightly higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.2 to 0.3 percent.


Sprint loss widens on iPhone costs (Reuters) Reuters - Sprint Nextel posted a wider fourth-quarter loss as costs from the Apple Inc iPhone weighed down the No. 3 U.S. mobile operator.Time Warner quarterly profit beats forecasts (Reuters) Reuters - Time Warner Inc posted better-than-expected quarterly profit helped by its cable networks and the last installment of its Harry Potter movie franchise.Greeks seek elusive bailout deal, EU tempers fray (Reuters) Reuters - Greek parties will try again on Wednesday to agree a reform deal in return for a new international rescue to avoid a chaotic default, after delays prompted some EU leaders to warn that the euro zone can live without Athens.Yahoo chairman exits, review drags on (Reuters)

In this image released by Yahoo!, documentary filmmaker Morgan Spurlock is shown in 'The Failure Club,' a series about people trying to do the things they've always feared, for Yahoo! After years of drips and drabs of experimentation, the top video destinations on the Web are flush with original projects and teaming with a new wave of niche-oriented content creators. (AP Photo/Yahoo!)Reuters - Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.