Broadcom to acquire Brocade Communications for $5.5B
Chip maker Broadcom Ltd. announced Wednesday plans to acquire Brocade Communications Systems Inc., a data and storage networking products company, for $5.5 billion.
Bechtel receives $532 million naval nuclear propulsion contract modification
Bechtel Plant Machinery has been awarded a $532 million U.S. Navy contract modification for naval nuclear propulsion components.
Federal Reserve leaves interest rates unchanged for 7th straight time
For the seventh straight time this year, the Federal Reserve decided Wednesday to leave benchmark interest rates alone.
Insurer Anthem suggests it may leave Affordable Care Act by 2018
Health insurance company Anthem Inc. threatened to leave the Affordable Care Act by 2018 if financial results under the program do not improve.
Hulu adds Fox, ABC-Disney to live streaming service
Hulu has added The Walt Disney Company and 20th Century Fox to its live streaming service set to launch early next year.
Oil-rich Alberta lauds wildfire efforts
Six months after wildfires sidelined millions of barrels of oil from Alberta, the province said it was honoring first responders who battled on the front lines.
Yum! Brands spins off China unit, forms Yum China
Yum China began trading as a separate company on the New York Stock Exchange Tuesday after Yum! Brands spun off its China properties.
Woman gets 20 ‘boyfriends’ to buy her iPhones then sells them to buy a...
A woman in China is being praised and scolded on social media after reportedly getting 20 men to buy her iPhones and selling the devices to buy a house.
Internet service company CenturyLink to acquire Level 3 Communications
CenturyLink Inc. announced its purchase of Level 3 Communications Inc. Monday, a $34 billion cash-and-stock deal creating a more prominent business telecommunications service company.
Constellation Brand to buy brewery in Mexico
Constellation Brands announced plans to acquire a Mexican brewery for $600 million to meet growing demands of its beer imported south of the border.
California woman awarded $70 million in Johnson & Johnson baby powder lawsuit
A woman in California was awarded $70 million in a lawsuit against Johnson & Johnson claiming the company's baby powder caused her ovarian cancer.
Tesla unveils sleek glass solar roof tiles
Tesla chief executive Elon Musk unveiled a new series of glass roof tiles with built-in solar panels in Los Angeles Friday night.
California money manager’s estate returns $277M to bilked Madoff investors
The estate of Stanley Chais, a well-known money manager and business associate of Ponzi schemer Bernie Madoff, will return some $277 million to bilked investors in a deal announced Friday.
CACI providing intel services to U.S
The U.S. National Geospatial-Intelligence Agency has tapped CACI to provide airborne intelligence, surveillance and reconnaissance services.