Websense will bring its security expertise into the new company to augment Raytheon's Cyber Product division. SAN FRANCISCO -- Raytheon Co.
An IBM engineer tests new SyNAPSE chips in California. (Credit: David Paul Morris/Bloomberg via Getty Images). IBM IBM missed on revenue for its eighth of nine quarters in a row on Mon.
TOKYO (Reuters) - Asian stocks were firm on Tuesday after China's latest step to prop up its faltering economy lifted global equities, while the euro was pressured on growing worries a cash-strapped Greece may default on its debt.
NEW YORK - U.S. stocks surged, recovering nearly all of Friday's selloff, as technology shares including Apple and Microsoft rallied before the industry's largest companies provide a clearer picture of quarterly earnings.
HONG KONG - Kaisa Group Holdings Ltd. became China's first developer to default on its U.S. currency debt after failing to honor missed payments on two dollar bonds.