Federal Reserve Chair Janet Yellen on Wednesday described stock market valuations as high and said the central bank was carefully monitoring their impact on financial stability.
Would Microsoft really want to own Salesforce.com? Buying the cloud-based, customer-service software maker could make businesses less likely to ditch Office.
Amazon, Apple, Facebook and Google will face more unwelcome scrutiny from Brussels after the European Commission announced a wide-ranging investigation of the role they play online and whether competition rules should be tightened in response.
Alexion Pharmaceuticals Inc. ALXN -9.56 % agreed to buy Synageva BioPharma Corp. GEVA 114.02 % in a cash-and-stock deal valued at $8.4 billion, paying more than double the market cap for the maker of rare-disease treatments.
WASHINGTON (Reuters) - The Federal Aviation Administration announced industry partnerships on Wednesday to test commercial drones that can fly beyond an operator's line of sight, seen as a necessary precursor to autonomous drone operations such as ...