IBM is making a major push on Monday to upgrade computer storage products and services it offers customers struggling to manage mountainous piles of data being created inside their organizations. The company
Universal Pictures has agreed to back rollout of digital cinema equipment in U.S. theaters, people familiar with the matter told the Wall Street Journal. General Electric Co's Universal Pictures' is the third
The U.S. Treasury's takeover of Fannie Mae and Freddie Mac is good news in the short term for China, the biggest holder of the giant mortgage lenders' debt, but Beijing's huge U.S.
Cigarette maker Altria Group Inc has agreed to buy Skoal and Copenhagen smokeless tobacco maker UST Inc for about $10.3 bln in cash, the Wall Street Journal said, citing people familiar with
Asian stocks surged 4% on Monday after Washington took over Fannie Mae and Freddie Mac to salvage the U.S. housing market, spurring investors to buy back risky assets and sell safe havens
Nationwide, the UK's biggest customer-owned lender, said on Monday it was to merge with smaller rivals the Derbyshire and Cheshire Building Societies. Nationwide, the country's second-biggest provider of mortgages, said the tie-ups
Bank of America Corp, said it is ready to settle federal and state probes into the marketing of auction-rate securities, joining eight other companies that reached agreements. The bank said it has
Stocks opened lower on Friday after a government report showed the U.S. labor market deteriorated further in August, pushing the unemployment rate to its highest level in nearly five years. The news
The world's top mobile phone maker Nokia warned it would lose market share this quarter as it refused to participate in a price war waged by some rivals to combat weak economies,
The U.S. unemployment rate unexpectedly shot up to 6.1 percent in August, its highest in more than 4-1/2 years, as employers cut payrolls for an eighth straight month and labour markets showed
