COMPANIES

Yahoo Inc. could be weeks away from selling between 15 percent and 25 percent of Alibaba Group's stock back to China's largest online commerce company, in a deal designed to eliminate complexities that had scuttled the parties' previous negotiations, a person familiar with the matter said.

The Renault-Nissan Alliance will buy an indirect majority stake in Russian car company OAO Avtovaz, maker of Lada brand cars, for $750 million, the automakers' alliance announced Friday.

A recent test drive of the Bentley Mulsanne proved that the powerful, elegant beast?s ?Naim for Bentley? sound system can shake your to the core. The Bentley Mulsanne?s 20 speaker, 2200 Watt sound system with eight dedicated Digital Signal Processing units makes the car a ready replacement for concert attendance.

Google News U.S. Edition has added new features to its homepage that will help keep readers updated one the latest news breaks. But is the company providing the most relevant conversations surrounding news stories?

Hong Kong-based diversified holding company Hutchison Whampoa Ltd. (Hong Kong: 0013) resubmitted its ?2 billion ($2.62 billion) cash bid for Dublin-based Eircom Group Ltd., the closely held fixed, mobile and broadband telecommunications services provider.

The Bentley Mulsanne was parked across the street from our non-descript New York office tower. It gleamed in the sun, but nevertheless a Bentley employee was giving it one last spit and polish (although I'm sure that Bentley would never use spit to polish unless it came from a special Bentley tended pride of lions; it's just that lux).

International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, said it agreed to acquire privately held Tealeaf Technology, a specialist customer analytics software.

The California State Teachers' Retirement System (CalSTRS) is suing Wal-Mart Stores Inc. (NYSE: WMT), accusing leaders of the world's biggest retailer of not upholding the best interest of shareholders by quashing an investigation of bribery of public officials by its Mexican subsidiary.

Yahoo CEO Scott Thompson is under fire after an activist hedge fund found that he had embellished his resume regarding details on his academic credentials, prompting the board of directors of Yahoo Inc. to launch a probe into records about their chief executive office.

Samsung unveiled its highly anticipated Galaxy S3 on May 3. The smartphone comes with a quad-core turban Exynos processor, a 4.8-inch HD Super AMOLED display, an 8 megapixel camera and a gigantic 2020mAh replaceable battery.

A Utah woman thought she was involved in a terrorist plot when she opened up a tampon to find a tiny package of white powder. Police however, identified the substance as cocaine.

Amidst the hoopla created by the launch of Samsung's flagship Galaxy S3, the second-largest South Korean electronics conglomerate, LG silently launched its Optimus LTE2 on the same day.

Shares of Yahoo Inc. (Nasdaq: YHOO), the No. 3 search engine, shrugged off a new charge by activist shareholder Third Point that new CEO Scott Thompson falsified his credentials.

Samsung has finally launched its flagship Galaxy S3 phone. The official commercial of the phone is also out, which shows that the phone is made for the humans, giving a direct hint towards the natural interaction features that the company has provided in the phone.

During the launch event, Samsung announced all the key features and improvements that could offer its flagship Galaxy S3 smartphone a competitive edge over the rivals. However, the manufacturer didn't reveal the U.S. carriers that would offer the device. A latest report said Sprint will launch the highly anticipated handset later this year.

Nokia (NYSE: NOK), the ailing Finnish mobile products maker, will add tablets to new smartphones as part of its turnaround, Chairman Jorma Ollila said.

The wicked little Juke-R ? the unholy offspring of a Nissan Juke mated to GT-R engine ? can tear up the track at speeds up to 160 mph and recently starred in its own noir themed movie ?Desert Nemesis? as it faced off under the able hand of driver Lucas Ordonez against Dubai racing master Salah Salahuddin?s stable of supercars. And now Nissan says the car will be available to buy ? as least if you?re super-rich.

Facebook, the 901-million-member social network priced its initial public offering at $35. It could be the biggest-ever IPO.

Beginning in November, Spirit Airlines passengers who wait to pay for their carry-on luggage until they arrive at the gate may get sticker shock in the form of a $100 fee ? each way.

Today, Pepsi reached a deal with Jackson's estate to use the King of Pop's image in their global marketing campaign.

The mysterious death of William Coyman, a retired teamster from Boston, Mass., has raised many questions about the circumstances surrounding the deadly incident. In August, the Beantown teamster stepped off an Amtrak train in New York City and collapsed on the platform at Pennsylvania station.

BP Plc. (NYSE: BP) won preliminary approval of its proposed $7.8 billion settlement of claims relating to the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.

Deutsche Lufthansa AG (FRA: LHA) announced Thursday it will lay off 3,500 administrative employees over the next couple of years as part of its plan to save $2 billion by 2014. The news comes a day after the airline announced a first quarter operating loss of ?381 million ($499 million), compared to a loss of ?169 million a year earlier.

Evernote's $1 billion valuation, among the recent success of other technology companies, raises questions about whether there's a technology bubble that's ready to burst.

Shares of auctioneer Sotheby?s (NYSE: BID), which handled Wednesday?s record-breaking sale of Edvard Munch?s ?The Scream,? dropped as much as 5.1 percent in Thursday trading.

General Motors Company (NYSE: GM), the world's largest auto company, reported profits down 69 percent for the first quarter, but the loss resulted from outsized, one-time profits the year before. Overall performance for the company was strong, with revenue driven 4.4 percent higher by strong U.S. sales and improved global margins.

The Microsoft's Windows Phone marketplace is still at a very nascent stage. Hence there are not nearly as many apps as there are for the Apple app store and the Google Play store. However, to keep up with competition, the company has made recent efforts to avail their marketplace in 22 new countries.

Shares of ?Big Data? specialist Teradata (Nasdaq: TDC) jumped 8 percent after the computer specialist reported better-than-expected first quarter results.

Rumors are rife that Apple is planning to launch a miniature, 7-inch Apple tablet at this year?s Worldwide Developers Conference that will kick off on June 11. The same event is expected to see the launch of some great devices like MacBook Pro (2012), iTV and some software like iOS 6 and iTunes 11.