IBM To Buy Red Hat In $34 Bln Deal

International Business Machines Corp. (IBM) said that it agreed to acquire all of the issued and outstanding common shares of Red Hat (RHT), a provider of open source cloud software, for $190.

U.S. Consumer Sentiment Drops More Than Initially Estimated In October

Consumer sentiment in the U.S. deteriorated by slightly more than initially estimated in the month of October, the University of Michigan revealed in a report released on Friday.

U.S. manufacturers say tariffs pushing prices higher 

U.S. factories have raised their prices because of tariffs, although inflation has appeared modest or moderate in most parts of the country, the Federal Reserve said on Wednesday in its latest report on the economy.

Amazon’s Q3 Results Are Out, But Shareholders Aren’t Happy

Amazon released its Q3 sales results on Thursday, as well as its profit guidance for Q4. Despite strong revenue growth over the last three months, the company’s stock has taken a hit as projections for the holiday season fall short.

CNW | First Cobalt Drills 25.7 metres of 0.35% Cobalt at...

TORONTO, Oct. 24, 2018 /CNW/ - First Cobalt Corp. (TSX-V: FCC; ASX: FCC; OTCQX: FTSSF) (the "Company") is please

FDA approves first new flu drug in nearly 20 years

Flu sufferers now have a new option for relieving symptoms. Xofluza (baloxavir marboxil), a single-dose, oral prescription drug, was approved by the US Food and Drug Administration on Wednesday. The antiviral is the first new flu treatment approved by the FDA in nearly 20 years, said FDA Commissioner Dr. Scott Gottlieb in a statement.

Alibaba opens first UK data centers – USA – Chinadaily.com.cn

Chinese tech giant Alibaba has opened two data centers in London that will provide cloud computing and artificial intelligence services to European businesses, the company announced on Monday.

NSG Group Plans New U.S. Manufacturing Plant

NSG Group recently announced the location of its new glass production plant in the United States as part of the company’s plan to expand capacity and support the growing solar market. The 50…

Infosys Opens Technology and Innovation Hub in North Carolina, Hires 4,700...

The North Carolina hub will help Infosys work more closely with clients in the region in areas as Machine Learning, Artificial Intelligence, user experience and advanced digital technologies, including big data and Cloud, the company said in a statement late on Wednesday

U.S. new-home sales fell 1.7% in July –

WASHINGTON — Sales of new U.S. homes slumped 1.7 percent in July, the second straight monthly decline as the broader housing market appears to have lost some of its momentum despite an otherwise so…