Revenue from the hardware business, which includes servers and systems storage, plunged 23 percent to $2.4 billion. IBM has been restructuring its business, with job reduction ..
However, Chief Financial Officer Jeff Campbell said on a post-earnings conference call that the business had grown through the second half of the quarter as the weather improv ..
GM has said it is protected from liability for claims related to incidents that occurred before it exited bankruptcy in 2009, and has taken steps to raise those issues with th ..
After nearing a 10% correction, the Nasdaq Composite touched its 200-day moving average and has since rallied 140-points. Will the rally continue? ..
The length of time the Federal Reserve keeps its key interest rate near zero will depend on how far the U.S. economy remains from the central bank's employment and inflat ..
U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping ..
Google Inc's Internet business revenue grew 19 percent in the first quarter, as its expanding volume of online ads offset declining prices. The number of "paid click ..
Striving to show action on jobs, President Barack Obama and Vice President Joe Biden are trumpeting $600 million in new competitive grants to spur creation of targeted trainin ..
Groundbreaking for new homes also increased but remained well below the post-recession peak hit in November, signaling the drag the housing market is placing on the economy. O ..
More than 450 start-ups opened for business in the twin cities of Waterloo and Kitchener last year, more than four times the number begun in 2009, according to Communitech, a ..