J.C. Penney, Ackman set terms for future share sales
J.C. Penney Company has entered into an agreement with former board member and largest shareholder Bill Ackman that paves the way for him to completely walk away from the company. Ackman, whose firm Pershing Square Capital Management owns about 18 percent of J.C. Penney, resigned from the board earlier this week after two years of campaigning to transform the struggling department store operator. U.S. housing starts and permits for future home construction rose less than expected in July, suggesting that higher mortgage rates could be slowing the housing market's momentum. Markets are attempting to mount a turnaround this morning. Futures have been fractionally higher after two days of bruising losses. The Department of Commerce says numbers on July housing came in at an annual rate of 896,000 for the month. Estimates were for 915,000 housing starts annually. The number was still up from June when it came in at 836,000.
Savoy - Savoy LIVE Concert
Tune in on Friday, August 22nd to watch Savoy perform LIVE from the House of Blues, in West Hollywood, California. Catch a new LIVE concert from Live Nation, on Yahoo Live daily, 365 days a year.
2014 VMAs: Girls on the Red Carpet
The ladies take on the Red Carpet and tell us what makes the MTV VMA's so cool and what it takes to get ready for such an edgy and energetic show!
Savoy - You and I - Tune in Friday, Aug. 22 to watch Savoy perform LIVE on Yahoo Screen! #YahooLive
‘Ice Bucket Challenge’ Raises Millions
With people as varied as former President George W. Bush and Justin Bieber, the viral “Ice Bucket Challenge” has now raised more than $41.8 million for Lou Gehrig’s disease.
Iggy Azalea - A.K.A. Iggy Azalea
Music video by Iggy Azalea performing A.K.A. Iggy Azalea. © 2014 VEVO
Matt Nathanson - I Wanna Dance With Somebody - Live from the House of Blues Cleveland #YahooLive
In the middle of "Room at the End of the World", Matt Nathanson does what he calls a battle cry to honor the late Whitney Houston with the song "I Wanna Dance With Somebody." Catch a new LIVE concert from Live Nation, on Yahoo Live daily, 365 days a year.
Iggy Azalea’s Amusing Reaction to Her VMA Nominations
Find out how the rapper learned of her seven nominations. The VMAs air live on MTV on Sunday Aug 24 at 9pm ET / 8pm CT.
Bill & Melinda Gates Foundation Pledge Up to $1 Million Dollars to DonorsChoose
Yahoo Global News Anchor Katie Couric talks with Melinda Gates about the DonorsChoose pledge, education, the Ebola virus outbreak in West Africa and the ALS Ice Bucket Challenge.
Guilty toddler denies eating chocolate donut
Watch as this adorable 4-year-old tries to convince her mother that she did not eat a chocolate donut, despite the evidence on her face! Once she realizes that she's been caught, her explanation is even better! Credit to 'mgmeaux'.