Dell Inc is planning to use equity in cloud software company VMware Inc to help pay for its acquisition of EMC Corp in a deal valuing the data storage company at more than $55 billion, according to people familiar with the matter.
The head of the Federal Reserve Bank of New York said Friday that a Fed rate hike remains likely this year but that a final decision will depend on how the economy performs.
LIMA The Group of 20 major economies have endorsed a package of measures to tackle corporate tax avoidance, but questions remain about whether countries will follow through on the plans or leave loopholes multinationals can exploit.
A northbound Caltrain is stopped at the Santa Clara station because of a fatal emergency incident, according to Caltrain. Emergency responders are on scene.
US stocks enjoyed one of their best weeks of the year as investors grew more confident that dovish monetary policy would persist, overlooking concerns about earnings and slower economic growth.