YHOO +/- Yahoo Inc. has renewed discussions with Time Warner Inc. TWX about a combination they began discussing several months ago, whereby TWX would fold AOL into YHOO and take a minority stake in the combined venture. News Corp. NWS...

IBM + IBM has agreed to buy competitor Platform Solutions Inc. in a deal that eliminates litigation and a potential rival for its lucrative mainframe business. Terms of the deal were not disclosed. ...

NVDA - Nvidia Corp. announced it is having problems with some of its chips for notebook computers overheating, triggering a charge of $150-$200M in the Q2, and said other problems will also hurt Q2 financial results. Shares of NVDA dropped 19% in af...

ABT + Abbott Laboratories received approval for its Xience V drug-coated stent, which is expected to be a top seller in the roughly $2B U.S. market, as it appears to be more effective than rival devices. ...

AAI - AirTran Holdings Inc., the parent of AirTran Airways, told staff it would cut salaries about 10% and said deeper cuts might be necessary due to surging fuel prices, the paper reported. The pay cuts show that even the industry's most efficient ...

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