IBM announced a deal clearing chip maker GlobalFoundries to acquire the tech titan's microelectronics business, as the company continues its transition toward the enterprise market.
Photo. Canadian Pacific Railway confirmed the end of "exploratory" deal discussions with CSX in a statement on Monday.Credit Todd Korol/Reuters.
The historic Houston Club, built in 1954 for Texas socialites, is now a pile of rubble after more than 500 pounds of explosives brought it down.
Photo. After criticism from Carl Icahn, Marc Andreessen has said that he was transparent about his conflicts of interest in serving on eBay's board.
BOSTON (Reuters) - The recent volatility in financial markets reinforces the need for the Federal Reserve to be patient with its policy stimulus and to clearly tie an eventual interest-rate rise to improving economic conditions, a top Fed policymaker told Reuters.