Asiana Airlines said it has scrapped a plan to sue a U.S. television station that reported incorrect and racially offensive names of the names of pilots of the flight that crash-landed in San Francisco this month. In a statement, the South Korean airline said "Asiana Airlines has decided not to proceed with the case since KTVU has issued a formal apology and in order for us to focus all our efforts on managing the aftermath of the accident."
Yahoo's second-quarter results aren't giving Marissa Mayer a lot to celebrate as she completes her first year running the Internet company.
Not much had been going right for Yahoo until it lured Marissa Mayer away from Google to become its CEO last summer. The move is shaping up as the best thing to happen to Yahoo since 2005 when it invested $1 billion in what was then a little-known Internet company in China, Alibaba.