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Yahoo beats Wall Street view, sees Verizon deal closing in second quarter

A photo illustration shows a Yahoo logo on smartphone in front of a displayed cyber code and keyboardYahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second quarter, allaying some investor concerns that the deal might collapse. The $4.8 billion Verizon transaction had originally been expected to close in the first quarter but was delayed by the disclosure of two major cyber breaches that exposed information from more than a billion Yahoo accounts. The Securities and Exchange Commission has opened a probe into whether Yahoo's data breaches should have been disclosed sooner to investors, the Wall Street Journal reported on Monday.



Patriots' defense ignored critics on the way to Super Bowl

Pittsburgh Steelers tight end Jesse James (81) is tackled short of the goal line by New England Patriots safety Patrick Chung, rear, and defensive back Duron Harmon, top, during the first half of the AFC championship NFL football game, Sunday, Jan. 22, 2017, in Foxborough, Mass. (AP Photo/Elise Amendola)FOXBOROUGH, Mass. (AP) ? There's a mantra that players quickly come to learn when they play for Bill Belichick and the New England Patriots.



The Latest: Trump, Schumer joust over Cabinet picks

President Donald Trump, third from left, speaks during a reception for House and Senate leaders in the the State Dining Room of the White House in Washington, Monday, Jan. 23, 2017. He is surrounded by, from left, adviser Jared Kushner, House Minority Whip Steny Hoyer, D-Md., House Minority Leader Nancy Pelosi of Calif., House Speaker Paul Ryan of Wis., Senate Minority Leader Charles Schumer, D-N.Y., House Majority Leader Kevin McCarthy of Calif., Vice President Mike Pence, Senate Majority Whip Sen. John Cornyn, R-Texas., and Senate Majority Leader Mitch McConnell of Ky. (AP Photo/Susan Walsh)WASHINGTON (AP) ? The Latest on activities in Congress (all times EST):



Democratic state AGs move to defend consumer watchdogWASHINGTON (AP) ? Attorneys general from 16 states and the District of Columbia are seeking to defend a U.S. consumer watchdog agency in court amid speculation that President Donald Trump may fire its director, Richard Cordray.
Minnesota author Kelly Barnhill wins Newbery MedalMINNEAPOLIS (AP) ? Before winning the most prestigious prize in children's literature, Kelly Barnhill took a little detour.
Lawmakers admonish ethics official over tweets about Trump

Walter M. Shaub Jr., director of the U.S. Office of Government Ethics, arrives for a scheduled meeting with the leaders of the House Oversight and Government Reform Committee, Monday, Jan. 23, 2017, on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)WASHINGTON (AP) ? Lawmakers from both parties on Monday admonished a federal ethics official who sent a series of tweets commenting on President Donald Trump's potential conflicts of interest.



Q&A: Protests over gas costs disrupt Mexico border crossings

Protesters in Tijuana, Mexico, wave through motorists at the Otay Mesa Port of Entry with San Diego, Calif., after Mexican authorities abandoned their posts on Sunday, Jan. 22, 2017. Protesters took control of vehicle lanes at one of the busiest crossings on the U.S. border Sunday to oppose Mexican gasoline price hikes, waving through motorists into Mexico after Mexican authorities abandoned their posts. (AP Photo/Elliot Spagat)TIJUANA, Mexico (AP) ? Demonstrators have taken control of Mexican border crossings with the U.S. several times in the past month to oppose Mexican gasoline price hikes in an unusual, if not unprecedented, show of protest.



Analysis: Trump's trade plans to test his deal-making skills

President Donald Trump hosts a reception for House and Senate leaders in the the State Dining Room of the White House in Washington, Monday, Jan. 23, 2017. (AP Photo/Susan Walsh)WASHINGTON (AP) ? President Donald Trump said he was protecting jobs as he officially pulled out from the proposed Trans-Pacific Partnership trade deal on Monday.



Illinois concealed carry rules survive suits by gun ownersCHICAGO (AP) ? The U.S. Supreme Court on Monday let stand an Illinois system of issuing concealed carry permits that gun owners had complained violated their constitutional rights.
US fights Microsoft's bid to tell users when feds take data

US fights Microsoft's bid to tell users when feds take dataThe U.S. Justice Department asked a judge Monday to throw out a lawsuit from Microsoft and keep a law that prohibits technology companies from telling customers when the government demands their electronic ...