Napster will be merged with Rhapsody -- creating the largest on-demand music service in the U.S. The Richfield-based electronics retailer will receive a minority stake in the company.

An anonymous executive claims the retailer "got the jitters" and ditched a national TV campaign. But the chief in charge of Best Buy's European operations disputes that.

The retailer is shutting down all 11 of its big-box stores in the United Kingdom by the end of the year. The company says its rethinking its strategy in Europe after the stores proved to be a drain on its financials. Meanwhile, the retailer also announced that its buying out Carphone's interest in its Best Buy Mobile business as it tries to more fully capitalize on the mobile industry.

But that's still 15,000 jobs that need to be filled during the holiday season. The Richfield-based electronics retailer plans to increase its regular workers' hours instead.

Dow Jones reports the Richfield-based electronics retailer is removing the Rent-A-Center kiosks from 13 Chicago locations. Best Buy began testing the program last summer.

The Richfield-based retailer announced a free-shipping offer for all online orders from Nov.1 thru Dec. 27. Best Buy offered a similar service last holiday season with some restrictions, but now the retailer will ship any item from their online inventory.

Ryan Robinson, who serves as Best Buy's No. 2 finance official and chief financial officer of its U.S. business unit, is joining MedExpress as its new CFO. He's among a growing list of executives departing the troubled Richfield-based electronics giant, including International CFO Dave Deno.

Richfield-based Best Buy will spend about $1.6 billion to take complete control of Best Buy Mobile. Bloomberg reports Best Buy will announce the deal to buy Carphone Warehouse Group's 50 percent share on Monday.