| Good afternoon | | | The Federal Communications Commission will approve AT&T Inc.'s request to pull its application for approval of its $39 billion deal to acquire T-Mobile USA, the Wall Street Journal reported late Tuesday afternoon. U.S. computer software company SAS Institute cannot claim copyright protection for the functions performed by its programs, which have been replicated by a rival, an adviser to Europe's highest court said. The FRAC Centre in Orléans, France will for the first time host an exhibition to be built entirely by flying robots, reports Gizmag.com. Titled "Flight Assembled Architecture," the six meter-high tower will be made up of 1,500 prefabricated polystyrene foam modules. Research In Motion is introducing a software tool giving corporate customers the option of linking employees' personal iPhones to the BlackBerry network without compromising security. Does telecommuting make you invisible? IT World's Eric Bloom tackles the question in his blog, Your IT Career. The Federal Communications Commission will approve AT&T Inc.'s request to pull its application for approval of its $39 billion deal to acquire T-Mobile USA, a person familiar with the ... | | LATEST NEWS | FCC to let AT&T pull merger application: report | November 29, 2011 04:07 PM ET | WASHINGTON (Reuters) - The Federal Communications Commission planned to approve AT&T Inc's request to withdraw its application for approval of its acquisition of T-Mobile USA, the Wall Street Journal reported on Tuesday. | Full Article | Facebook settles privacy case with FTC | November 29, 2011 01:46 PM ET | WASHINGTON (Reuters) - Facebook has agreed to settle an investigation by the Federal Trade Commission into deceptive privacy practices, committing to cease making false claims and to submit to independent audits for 20 years. | Full Article | Exclusive: PE firm eyes buyout for Yahoo's U.S. business | November 29, 2011 08:30 AM ET | NEW YORK (Reuters) - Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said. | Full Article | | | BUSINESS NEWS
| Dow, S&P up for 2nd day but financials a drag | November 29, 2011 03:29 PM ET | NEW YORK (Reuters) - The Dow and S&P 500 advanced for a second day on Tuesday as consumer confidence data was stronger than expected and investors eyed further progress on a solution to Europe's fiscal mess. | Full Article | American Airlines files for bankruptcy | November 29, 2011 03:49 PM ET | (Reuters) - American Airlines, the third-largest U.S. carrier, and its parent AMR Corp filed for bankruptcy protection on Tuesday to cut labor costs in the face of high fuel prices and dampened travel demand. | Full Article | Consumers more hopeful but home prices fall | November 29, 2011 03:38 PM ET | NEW YORK (Reuters) - Americans shook off some of their concerns about the economy this month but a surprise fall in house prices in September underscored the weak foundations of the recovery. | Full Article | MF Global trustee seeks to pay out $2.1 billion more | November 29, 2011 02:46 PM ET | (Reuters) - The trustee liquidating MF Global Holdings Ltd's broker-dealer unit asked a federal bankruptcy judge to authorize the distribution of another $2.1 billion to former commodities customers, roughly doubling the total payout to $4.1 billion. | Full Article | Europe struggles with rescue fund, may turn to IMF | November 29, 2011 03:29 PM ET | BRUSSELS/MILAN (Reuters) - Euro zone ministers struggled to ramp up the firepower of their rescue fund and raised the possibility of asking the IMF for more help on Tuesday after Italy's borrowing costs hit a euro lifetime high of nearly 8 percent. | Full Article | | | U.S. TOP NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | | | |
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