Warren Buffett says his company is likely to buy more newspapers in the next few years, and Berkshire Hathaway will not try to influence their editorial policies.

Hewlett-Packard announced what amounts to the largest payroll purge in Silicon Valley pioneer’s 73-year history. CEO Meg Whitman says 8 percent of HP's nearly 350,000 employees are to be gone by October 2014.

Video game maker Take-Two Interactive Software failed to repeat the success of "Red Dead Redemption" from a year ago and its fourth-quarter net loss more than tripled as revenue fell.

Yahoo has secured a lifeline. The struggling Internet company has agreed to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.

Shoe sellers stepped out from under Facebook’s shadow Friday. Several key retailers reported that their first-quarter financial profits jumped on stronger sales.