Reuters - Yahoo Inc unveiled on Wednesday a list of partners to aid its push to bring the Internet and television together, hoping their joint effort will finally connect with consumers.

Reuters - Lenovo Group (0992.HK), the world's No. 4 PC seller, announced a broad restructuring on Thursday, including a lay-off of 2,500 workers, as the global downturn pushed it to a loss for the December quarter.

Reuters - Wells Fargo & Co Chief Executive Officer John Stumpf, whose company acquired Wachovia Corp, said on Wednesday that minimizing job losses will be a priority but added that some cuts would begin this year.

Reuters - FedEx Corp has cut its marketing budgets by more than 25 percent in 2009 as part of its response to the bleak U.S. economy, the package delivery giant said on Wednesday.

AP - President-elect Barack Obama's choice to shape up federal agencies is a longtime senior partner at a leading consulting firm who also tried to modernize the IRS and push the tax agency to more aggressively pursue corporate and high-income tax cheats.

Reuters - Accused swindler Bernard Madoff mailed $1 million worth of diamonds, watches and other jewelry violating a court order, U.S. prosecutors said on Wednesday while demanding the disgraced investment adviser be jailed.

Reuters - Home furnishings retailer Bed Bath & Beyond reported a lower quarterly profit, hurt by the soft U.S. economy and a major rival's liquidation, and forecast earnings for the current period below Wall Street estimates.

Reuters - The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009, congressional forecasters said on Wednesday, the result of an economic recession that has cut tax receipts and caused massive government bailouts of banks and automakers.

Reuters - Microchip maker Intel Corp on Wednesday issued its second revenue warning on the fourth quarter, saying demand for personal computers was even worse than it feared and sparking wide concerns about tech companies.

Reuters - Stocks suffered their worst decline in more than a month on Wednesday after a grim private-sector jobs report coupled with a revenue warning from top chip maker Intel Corp revived deep concerns about the economy.