AFP - Yahoo's stock price jumped nearly 12 percent after Microsoft said Monday it is willing to reopen talks on a "major transaction" with Yahoo if the Internet giant replaces its board of directors.

AP - Microsoft Corp. threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc.'s board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company.

Reuters - Microsoft has told a European Union court that an antitrust fine of 899 million euros ($1.4 billion) against it is both excessive and disproportionate, the Court of First Instance said on Monday.

Reuters - Stocks fell sharply on Monday, as shares of financials fell on concerns they may have to raise more capital and as a retreat in the price of oil from record highs weighed on energy shares.

AFP - Microsoft said Monday it is willing to reopen talks on a "major transaction" with Yahoo if the Internet giant replaces its board of directors.

Reuters - Microsoft Corp on Monday said it would be willing to reopen talks to buy all or part of Yahoo Inc -- but only if a new Yahoo board is elected, a major boost for investor Carl Icahn's board slate.

AP - Microsoft Corp. threw its weight behind investor Carl Icahn's effort to oust Yahoo Inc.'s board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another multibillion-dollar deal.