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UPDATE 4-U.S. Marines declare initial F-35 squadron ready for combat

WASHINGTON, July 31 - U.S. Marine Corps Commandant General Joseph Dunford has declared an initial squadron of 10 Lockheed Martin Corp F-35B fighter jets ready for combat, marking a key milestone for the Pentagon's biggest weapons program, the Pentagon said on Friday.

4:23am IST

Yahoo buys fashion website Polyvore

July 31 - Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.

3:54am IST

UPDATE 1-Verizon sees little progress in talks with wireline workers

July 31 - Verizon Communications Inc, the largest U.S. wireless service provider, said on Friday there was little progress in negotiations with its wireline unit workers on the U.S. East Coast, ahead of the expiry of the current contracts on Aug. 1.

3:17am IST

UPDATE 1-U.S. SEC charges man they say is behind the CYNK Technology fraud

WASHINGTON, July 31 - The U.S. Securities and Exchange Commission filed civil fraud charges on Friday against a man they say is behind a pump-and-dump scam involving CYNK Technology, a penny stock company that briefly rose to a $6 billion value despite having no revenue.

3:07am IST

Verizon sees little progress in talks with wireline workers

July 31 - Verizon Communications Inc said on Friday there was little progress in negotiations with its wireline unit workers on the U.S. East Coast, ahead of the expiry of the current contracts on Aug. 1.

2:53am IST
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After uproar, India ups budget for some social welfare sectors

NEW DELHI - The government on Friday sought parliamentary approval to raise federal spending on social welfare, months after opposition lawmakers and Prime Minister Narendra Modi's own officials slammed his cuts in spending.