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Office supply market leader Staples confirmed Wednesday that it would acquire No. 2-ranked rival Office Depot in a cash and stock deal to create a combined company with more than 4,000 locations and annual sales of nearly $39 billion. (Associated Press)
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People stand near the Sony Building at Ginza shopping district in Tokyo Wednesday, Feb. 4, 2015. Sony Corp. on Wednesday trimmed its forecast of losses for the year that ends in March and said it doesn't expect the hack at Sony Pictures to hurt its finances overall. The entertainment and electronics giant delayed the announcement of its earnings for the October-December quarter, citing internal difficulties arising from the hack at Sony Pictures Entertainment. (AP Photo/Eugene Hoshiko)
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Victoria's Secret's signature pushup bras and frilly panties will remain behind as the company moves into the mainland China market this year. It will instead be pushing its fragrances and beauty products at its first stores. (Associated Press)
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The discipline of a private loan market may encourage more students to gear their academic choices toward marketable skills. (Associated Press/File)
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Internal Revenue Service Commissioner John Koskinen testifies on Capitol Hill in Washington, Tuesday, Feb. 3, 2015, before the Senate Finance Committee during a hearing to examine the Internal Revenue Service Operations and the President's proposed budget request for fiscal year 2016. (AP Photo/Susan Walsh)
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Office of Management and Budget Director Shaun Donovan, left, with Domestic Policy Council Director Cecilia Muñoz, talks about President Barack Obama’s Fiscal Year 2016 Budget, during a news conference in the White House complex in Washington, Monday, Feb. 2, 2015. Obama sent Congress a record $4 trillion budget Monday that would boost taxes on higher-income Americans and corporations and eliminate tight federal spending caps to shower more money on both domestic and military programs. It would provide middle-class tax relief and fund an ambitious public works effort to rebuild aging roads and bridges. (AP Photo/Manuel Balce Ceneta)
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National Edition News cover for February 3, 2015 - Obama taxes set off budget war with GOP: President Barack Obama's new $4 trillion budget plan is distributed by Senate Budget Committee staffer Eric Chalmers as it arrives on Capitol Hill in Washington, early Monday, Feb. 2, 2015. The fiscal blueprint for the budget year that begins Oct. 1, seeks to raise taxes on wealthier Americans and corporations and use the extra income to lift the fortunes of families who have felt squeezed during tough economic times. Republicans, who now hold the power in Congress, are accusing the president of seeking to revert to tax-and-spend policies that will harm the economy while failing to do anything about soaring spending on government benefit programs. (AP Photo/J. Scott Applewhite)
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In this Wednesday, Jan. 14, 2015, photo, oil pump jacks are seen McKenzie County, in western North Dakota. Roughly 60 rigs are drilling in surrounding McKenzie County, 40 percent of the rigs statewide. But now that those prices have tumbled, the shifting oil market threatens to put the industry and local governments on a collision course. (AP Photo/Matthew Brown)
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President Barack Obama's new $4 trillion budget plan is distributed by Senate Budget Committee staffer Eric Chalmers as it arrives on Capitol Hill in Washington, early Monday, Feb. 02, 2015. The fiscal blueprint for the budget year that begins Oct. 1, seeks to raise taxes on wealthier Americans and corporations and use the extra income to lift the fortunes of families who have felt squeezed during tough economic times. Republicans, who now hold the power in Congress, are accusing the president of seeking to revert to tax-and-spend policies that will harm the economy while failing to do anything about soaring spending on government benefit programs. (AP Photo/J. Scott Applewhite)
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With President Obama set to deliver his 2016 budget Monday, political analysts say his past spending plans demonstrated a desire to increase the size of government and a supreme confidence that the American people would embrace his approach. (Associated Press)
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Maranda Brooks stands outside a payday loans business that she frequented in the past Thursday, Jan. 22, 2015, in Cleveland. Troubled by consumer complaints and loopholes in state laws, federal regulators are putting together expansive, first-ever rules on payday loans aimed at helping cash-strapped borrowers from falling into a cycle of high-rate debt. Analysts often point to Ohio for its complicated history with payday loans: Ranking fourth in the nation in the share of people who took out payday loans, at 10 percent, Ohio also was third among states in the number of consumer complaints to the CFPB about payday loans, behind Texas and California. (AP Photo/Tony Dejak)
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National Edition News cover for February 1, 2015 - Ads may use ‘guerrilla’ means at Super Bowl: Rather than debuting with racy ads, as some other advertisers have done in the past, Wix.com went for nonedgy laughs with an ad that shows retired football players coming up with funny fictional businesses, such as Brett Favre inventing a charcuteries business called "Favre and Carve." (Associated Press/Wix.com)
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Rather than debuting with racy ads, as some other advertisers have done in the past, Wix.com went for nonedgy laughs with an ad that shows retired football players coming up with funny fictional businesses, such as Brett Favre inventing a charcuteries business called "Favre and Carve." (Associated Press/Wix.com)
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Illinois Attorney General Lisa Madigan has boosted friends' salaries as her state faces billions of dollars in debt, according to a nonprofit research group. (Associated Press)
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FILE - In this Sept. 19, 2014 file photo, a customer shows off the new Apple iPhone 6 and 6 Plus at a store in Tokyo. Apple Inc. on Thursday, Jan. 8, 2015 said that its App Store customers set a record for billings by spending nearly half a billion dollars on apps and in-app purchases during January's first week. It said New Year's Day was also the single biggest day ever in App Store sales history. (AP Photo/Shizuo Kambayashi, File)
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Phil Schiller the senior vice president of worldwide marketing at Apple introduces the new MacBook Air laptops during the keynote address of the Apple Worldwide Developers Conference Monday, June 10, 2013 in San Francisco. (AP Photo/Eric Risberg)
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Microsoft's Hayete Gallot demonstrates a Surface Hub product at an event demonstrating new features of its flagship operating system Windows at the company's headquarters Wednesday, Jan. 21, 2015, in Redmond, Wash. Executives demonstrated how they said the new Windows is designed to provide a more consistent experience and a common platform for software apps on different devices, from personal computers to tablets, smartphones and even the company's Xbox gaming console. (AP Photo/Elaine Thompson)
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Participants listen to Niklas Zennstrom, founder & CEO of Skype, on the screen, talking on the phone during an Internet phone technology show regarding industry perspective, at Boston Convention and Exhibition Center, Tuesday, Sept. 20 , 2005. (AP Photo/Chitose Suzuki)
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Illustration on threatened government meddling in the private sector world of sports by Alexander Hunter/The Washington Times
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John Hope Bryant, right, founder/CEO of Operation HOPE, in 2003 with then-Federal Reserve Chairman Alan Greenspan and 6th grade students taking part in the non-profit's financial literacy program. (APPhotos/Susan Walsh)