IBM plans to invest $3 billion over four years on a new business helping customers like the Weather Channel gather and analyze the flood of data from sensor-equipped devices and smartphones.
Profit margins at MillerCoors are under pressure and rival craft beers are cutting into sales. On top of it, the company needs to find a new CEO.
Financing the Future: A Q&A with economist Jonathan Morduch, who has co-authored two books on microfinance as a tool against global poverty.
U.S. hedge funds are jumping onboard China’s dominant taxi-hailing app company, putting an $8.75 billion valuation on the Chinese startup.
Comcast said Chief Financial Officer Michael J. Angelakis will leave his post to lead a new investment company funded by the cable and media giant.
Harman International Inc., a maker of in-car multimedia systems, is buying the automotive side of Bang & Olufsen, giving the Stamford, Conn., company a dominant position in the automotive industry
Samsung and LG said they would end all existing legal disputes, bringing a measure of peace to two of South Korea’s best-known conglomerates.
Huawei’s 2014 net profit rose 33% on higher revenue, as the company cited its better management of foreign-exchange risks and borrowing costs.
Movado Group Inc. said its earnings rose 40% in the holiday quarter due to lower taxes, and posted an upbeat profit guidance for the year, but warned of slow retail growth in the watch industry.
Dutch electronics group Philips has sold a majority stake in its light-emitting diode components and automotive-lighting activities to a private-equity consortium in a cash deal that values the business at about $3.3 billion.