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SAN FRANCISCO/NEW YORK (Reuters) - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. Full Story


iGate sacks chief executive Murthy after sexual harassment claim
(Reuters) - The board of iGate Corp, an information technology outsourcing services provider, has sacked Chief Executive Officer Phaneesh Murthy following an investigation into a claim of sexual harassment, the company said in a statement. Full Story

JPMorgan, under pressure, gives up vote information
(Reuters) - JPMorgan Chase & Co <JPM.N>, under pressure from New York officials, gave shareholders information about an upcoming vote that would increase oversight of Chairman and Chief Executive Jamie Dimon. But the ballot details may have come too late for some investors. Full Story

Exclusive: U.S. Air Force to move forward target date for F-35 use
WASHINGTON (Reuters) - The U.S. Air Force plans to start operational use of Lockheed Martin Corp.-built <LMT.N> F-35 fighter jets in mid-2016, a year earlier than planned, using a similar software package as the Marine Corps, two sources familiar with the plans said on Monday. Full Story

United Airlines to return all Boeing 787s to service this week
CHICAGO (Reuters) - United Airlines said on Monday it expects to have its entire fleet of Boeing <BA.N> 787 Dreamliners back in service this week, as the airline's first flight with the new jetliner in four months landed safely in Chicago. Full Story

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