IBM Co. announced Sunday afternoon that it will acquire open-source software company Red Hat Inc. for $34 billion, helping IBM expand its reach as an enterprise cloud computing provider. Andrew Liptak of The Verge had the news:...
Some of Monday’s top business news stories: Associated Press Pot, property values are focus of upcoming federal trial, by Kathleen Foody Shoppers may face hard choices again on health marketplaces, by Tom Murphy Bloomberg Earnings season...
Amazon.com Inc. on Thursday forecast holiday season sales that disappointed Wall Street, attributing what would be its lowest growth in years more to accounting issues than to any slowdown in business for the world’s largest...
Some of Friday’s top business news stories: Associated Press Buckle up: Wall Street volatility is back with a vengeance, by Marley Jay Airline revenue is rising but so too are costs, by David Koenig Bloomberg Google...
The stock market sell-off on Wall Street intensified Wednesday, knocking the Dow down more than 600 points and wiping out the gains for the year for the blue-chip average and the broad Standard & Poor’s 500...
Some of Thursday’s top business news stories: Associated Press Tech companies lead another steep sell-off in U.S. stocks, by Alex Veiga Ford’s 3Q net profit falls 37% on slowing sales, by Tom Krisher Bloomberg With stock...
Tesla Inc. moved its third-quarter earnings release up two weeks to Wednesday, causing the electronic carmaker’s stock to rise by more than 12 percent. Nora Naughton of the Detroit News had the story: Analysts and...
Some of Wednesday’s top business news stories: Associated Press Stocks mostly recover from an early plunge on Wall Street, by Alex Veiga Target offers two-day shipping with no minimums for holiday, by Anne D’Innocenzio Bloomberg Mom...
Michael Hsu will succeed Thomas Falk as chief executive officer of Irving, Texas-based consumer products company Kimberly-Clark, the company announced Monday as it also reported disappointing earnings. Maria Halkias of the Dallas Morning News had...
Some of Tuesday’s top business news stories: Associated Press Banks lead U.S. stock slide, extending market’s losing streak, by Alex Veiga Oculus co-founder Michael Iribe joins exodus from Facebook, by Michael Iribe Bloomberg This may be...
