Yahoo committee to explore sale, options and other top stories.

• Yahoo committee to explore sale, options

  

  Yahoo and CEO Marissa Mayer(Photo: Julie Jacobson, AP)Yahoo's board of directors has formed a committee to explore "strategic alternatives" for the struggling Net company.A strategic review committee of independent directors has been created to "conduct a process to evaluate strategic alternatives for the company," said Yahoo's Chairman of the Board Maynard Webb said Friday.  The committee, with the support of management, will establish the process for contacting and engaging possible buyers or ..

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• Dow, DuPont announce details of new joint agriculture company

  

  MIDLAND, MI — Dow Chemical Co. and Wilmington, Delaware-based DuPont have announced the structure of the global agriculture company the two chemical giants intend to create. The agriculture company, to be headquartered in Wilmington and to feature DuPont in its name, is one of three independent, publicly traded companies to be created following the planned merger of DowDuPont and subsequent division of the combined company. The companies will create a material-science company called Dow based ..

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• Oil prices fall as glut overshadows talk of production cap

  

  LONDON Oil prices fell by over $1 a barrel on Friday as talk of a plan by some producers to freeze output levels was tempered by continued concerns of an oversupplied market after a record build in U.S. crude inventories. Brent futures LCOc1 were down 1.07 cents at $33.21 a barrel by 1508 GMT, with U.S. crude CLc1 falling by $1.28 to $29.49.Oil prices rose by more than 14 percent earlier in the week on Saudi Arabia and Russia's agreement to freeze output at January levels.But while Iranian O..

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• Firming US inflation keeps Fed rate hike on the table

  

  WASHINGTON Rising rents and medical costs lifted underlying U.S. inflation in January by the most in nearly 4-1/2 years, signs of a pick-up in price pressures that could allow the Federal Reserve to gradually raise interest rates this year.The Labor Department said on Friday its Consumer Price Index, excluding the volatile food and energy components, increased 0.3 percent last month. That was the biggest gain since August 2011 and followed a 0.2 percent rise in December."It is a policymaker's ..

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• Deere's 1Q results top estimates, but cuts full-year outlook

  

  FILE - This June 8, 2014, file photo, shows the John Deere farming logo at a farming equipment dealership in Petersburg, Ill. Deere & Co. (DE) on Friday, Feb. 19, 2016 reported fiscal first-quarter profit of $254.4 million. (Seth Perlman, File/Associated Press) By Associated Press February 19 at 10:26 AM MOLINE, Ill. — Deere cut its full-year earnings forecast Friday even as the agricultural equipment maker beat Wall Street’s expectations for the first quarter. It has been dealing with w..

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