Why Verizon Decided to Still Buy Yahoo After Big Data Breaches 
 

Verizon shaved the price it will pay for Yahoo's core business but is pushing ahead with the deal, in a bet that the chance to expand into digital advertising trumps the risk of further fallout from massive data breaches at the struggling internet pioneer.

 
Wal-Mart Posts Strong Holiday Sales 
 

Wal-Mart reported strong sales over the winter holiday season, a marked contrast with the weak numbers posted by many brick-and-mortar competitors including Target and Macy's.

 
Owner of Burger King and Tim Hortons to Buy Popeyes 
 

Restaurant Brands, the owner of Burger King and Tim Hortons, said it would buy Popeyes Louisiana Kitchen for about $1.64 billion. Executives said they see huge growth potential for Popeyes in Asia.

 
Macy's Profit Tops Views Despite Stumbling Sales 
 

Macy's Inc. said revenue fell more than expected in the final quarter of the year as the retailer posted its eighth straight quarterly decline in same-store sales.

 
Peugeot CEO Talks With Merkel About Possible Opel Takeover 
 

Carlos Tavares pledged to keep Opel's management independence in a conversation with German chancellor.

 
Boeing Looks to Build Satellites More Quickly, With Fewer Workers 
 

Boeing is taking steps to build satellites more quickly through new production practices that will rely more on 3-D printing and involve fewer workers, which eventually could transform the aerospace giant's traditional way of turning out high-end commercial and military spacecraft.

 
Kraft-Unilever Deal Is Off, but Warren Buffett's Anomalies Live On 
 

Behind Kraft's aborted bid for Unilever lies a tale of market anomalies that have lasted decades, helped make Warren Buffett's fortune and may-perhaps-have ended in a mini-bubble last year.

 
American Airlines Rolls Out First of Its 'Basic Economy' Cheaper Tickets 
 

American Airlines Group, following a commitment it made in January following months of planning, said it has made available for sale cheaper economy-class fare options that come with passenger restrictions on 10 domestic routes.

 
Home Depot Bumps Dividend Up 29%, Announces $15 Billion Buyback 
 

Home Depot posted sales growth in its fourth quarter and boosted its dividend and buyback program, as the housing market continues to grow.

 
Vail Resorts to Buy Stowe Mountain Resort Operations 
 

Vail Resorts said it would buy the ski operations of Stowe Mountain Resort in northern Vermont for about $50 million from the real-estate business of insurance giant American International Group.

 
 

(END) Dow Jones Newswires

February 21, 2017 13:15 ET (18:15 GMT)

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