US long-term mortgage rates change little; 30-year at 2.87%
WASHINGTON — U.S. long-term mortgage rates changed little this week, flattening in recent weeks following a year-long decline amid economic anxiety in the recession set…
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IBM to spin off $19 billion business to focus on cloud computing
ARMONK, N.Y. — IBM says it is breaking off a $19 billion chunk of its business to focus on cloud computing. The 109-year-old tech company…
UK lawmakers warn Huawei 5G might need to be banned earlier
LONDON — A committee of British lawmakers is urging the government to consider banning Chinese technology giant Huawei from next-generation mobile phone networks two years…
M&A roars back from pandemic slowdown
Companies that retreated from corporate deal-making after the virus pandemic struck are now roaring back because of pent-up demand and a clearer view of how…
US layoffs remain elevated as 840,000 seek jobless aid
WASHINGTON — The number of Americans seeking unemployment benefits fell slightly last week to a still-high 840,000, evidence that job cuts remain elevated seven months…
Pope commits to clean finances amid scandal in backyard
ROME — Pope Francis told European anti-money laundering experts today that the Vatican was committed to “clean finance,” as he denounced financial speculation amid a…
Morgan Stanley buying Eaton Vance in deal valued at $7 billion
NEW YORK — Morgan Stanley is buying the investment management firm Eaton Vance in a deal valued at about $7 billion. Eaton Vance, based in…
French court: Google must open payment talks with publishers
PARIS — A French appeals court upheld an order for Google to open negotiations with French publishers over payments to use their news content. The…
French court: Google must open payment talks with publishers
PARIS — A French appeals court upheld an order for Google to open negotiations with French publishers over payments to use their news content. The…
Domino’s Pizza: 3rd quarter earnings snapshot
ANN ARBOR, Mich. — Domino’s Pizza Inc. today reported third-quarter net income of $99.1 million. On a per-share basis, the company said it had profit…