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(Reuters) - Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue. Full Story


Chesapeake Energy hires Anadarko executive as CEO
(Reuters) - Chesapeake Energy Corp <CHK.N> on Monday named a top executive at rival Anadarko Petroleum Corp <APC.N> to head the No. 2 U.S. natural gas producer, which has suffered through a governance crisis and liquidity crunch over the last year. Full Story

Ex-Goldman banker Thornton steps down from HSBC board
LONDON (Reuters) - John Thornton, the former Goldman Sachs <GS.N> president who specializes in Chinese affairs, is stepping down from the board of HSBC <HSBA.L> to spend more time on his other business interests, Europe's biggest bank said on Monday. Full Story

Former GOP Senator Judd Gregg named CEO of lobbying group SIFMA
NEW YORK (Reuters) - The Securities Industry and Financial Markets Association named former Republican Senator Judd Gregg as its chief executive officer, the lobbying group said Monday. Full Story

Monster machines fan out on U.S. farms facing slow sow
SHERIDAN, Illinois (Reuters) - With the U.S. spring planting season off to a historically slow start, an increasing number of farmers are counting on powerful tools to catch up: Monster machines that sow 36 rows of corn at once and feature high-tech innovations like computer-guided directional equipment. Full Story

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