Reuters - The U.S. Federal Communications will act soon on Sirius Satellite Radio's proposed purchase of rival XM Satellite Radio, the chairman of the FCC said on Thursday.

Reuters - Yahoo Inc said on Wednesday that deal talks are ongoing with Microsoft Corp as the company resisted an attack by billionaire critic Carl Icahn, who called its recent actions "deceitful."

Reuters - "Rambo" was the No. 1 choice in DVD rental stores during its first week of release, but failed to unseat the "National Treasure" sequel from the top of the sales chart, according to data issued Wednesday.

Reuters - CBS Corp said on Wednesday it reached a deal to allow its Web videos to be carried by Yahoo Inc, part of a broader plan by the media company to add new outlets for its television shows.

Reuters - Tribune Co plans to keep a 5 percent stake in the Chicago Cubs after it sells the professional baseball team in a deal that could save the media company millions of dollars, a source familiar with the plans said on Wednesday.

Reuters - One of The Wall Street Journal's top editors is resigning several weeks after parent company News Corp and its chief Rupert Murdoch named one of Murdoch's longtime associates to run the paper.

Reuters - Yahoo Inc trumpeted a series of new advertising deals on Wednesday in a bid to alleviate shareholder pressure, even as the company continues "engaged" discussions over a deal with Microsoft Corp.