Bloomberg Yahoo! Inc. Chief Executive Officer Marissa Mayer is among six directors who plan to leave the board of the investment company that will be left after the closing of the proposed sale of Yahoo’s main internet properties to Verizon Communications Inc. The new company, a shareholder in Alibaba Group Holding Inc. and Yahoo! Japan, will change its name …

  Bloomberg Toyota Motor Corp., whose investments in Mexico have drawn criticism from US President-elect Donald Trump, said it plans to invest $10 billion in the US over the next five years, maintaining the pace of spending it established during the last half decade. Jim Lentz, Toyota’s chief executive officer for North America, outlined the company’s intentions during an interview …

  Bloomberg Valeant Pharmaceuticals International Inc., the embattled Canadian drugmaker, agreed to sell about $2.1 billion in assets to get cash to streamline its businesses and begin easing its debt burden. L’Oreal SA will pay Valeant $1.3 billion for three skin-care brands, the Paris-based company on Tuesday said in a statement. Earlier in the day, Valeant said it would sell …

  NEW YORK / AP President-elect Donald Trump has appointed his influential son-in-law Jared Kushner as a White House senior adviser, putting the young real estate executive in position to exert broad sway over both domestic and foreign policy, particularly Middle East issues and trade negotiations. Trump has come to rely heavily on Kushner, who is married to the president-elect’s …

  GENEVA / AP The leaders of Cyprus have begun a second day of talks aimed at reunifying the island split along ethnic Greek and Turkish lines, addressing issues of how power could be shared, ties with the European Union and economic matters. Greek Cypriot President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci were meeting at UN offices in …

  BERLIN / AP Germany’s interior and justice ministers hope to thrash out initial plans for a response to last month’s truck attack on a Christmas market, with a tougher stance expected towards suspected extremists who don’t have asylum. Chancellor Angela Merkel has said the December 19 attack in Berlin demands a swift response that guarantees both security and civil …

  BANGKOK / AP At least 25 people have died in severe flooding in southern Thailand since New Year’s Day, leaving businesses paralyzed, schools closed and thousands of tourists stranded, the government said on Tuesday. Twelve provinces have been hit by unseasonal rains and surface runoff since January 1, affecting more than 1 million people, the Interior Ministry said, adding …

  WASHINGTON / AP President-elect Donald Trump’s pick for attorney general, Sen. Jeff Sessions, is set to be questioned by his peers in a high-visibility Senate Judiciary Committee confirmation hearing. Sessions is likely to stress his conservative legal credentials even as he works to persuade Democrats on the panel that he can be fair and even-handed as the country’s top …

  SEOUL / AP Disgraced South Korean President Park Geun-hye’s longtime friend at the center of a massive corruption scandal refused to testify at Park’s impeachment trial on Tuesday, with lawmakers alleging that it was a stalling tactic. The Constitutional Court had expected to hear from Choi Soon-sil, a confidante of Park who’s currently jailed and on trial herself for …

  MANILA / AP Eight Filipino fishermen were fatally shot by at least five suspected pirates who boarded their boat in the southern Philippines, officials said Tuesday. Seven other crewmembers survived the attack Monday night in waters near Zamboanga City by jumping off the boat and swimming away when the attackers began tying up their colleagues, said Commodore Joel Garcia, …