US computer giant IBM has signed a deal to purchase 20 percent of a subsidiary of Brazilian billionaire Eike Batista's EBX group in exchange for a $1 billion contract, the companies announced.
Business
Apr 5, 2012
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China produced around two new billionaires a week last year as the fortunes of the world's ultra-rich soared by a record amount, a report said Friday.
Economics & Business
Oct 26, 2018
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Hewlett-Packard is giving CEO Meg Whitman a huge pay raise as she enters the third year of her attempt to turn around the slumping personal computer and printer maker.
Business
Dec 17, 2013
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If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment -- and not see any encouraging signs of making your money back.
Business
Aug 21, 2012
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Facebook co-founder Eduardo Saverin said on Thursday the success of the social networking site would be hard to match but he hoped to make an impact as an Asia-based technology investor.
Business
Feb 21, 2013
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(AP) -- Motorola Solutions Inc. is buying about $1.17 billion of its stock back from billionaire investor Carl Icahn.
Business
Feb 27, 2012
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Astronauts aboard the International Space Station will soon get a special screening of "The Avengers," the blockbuster movie about superheroes defending Earth from aliens.
Space Exploration
Jun 1, 2012
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The number of billionaires has doubled in the past decade and the world's 22 richest men now have more wealth than all the women in Africa, Oxfam said Monday in an appeal to the Davos elite to get serious about inequality.
Economics & Business
Jan 20, 2020
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After a bruising shareholder battle, Dell appears set for a new path under a private equity buyout aimed at reviving the fortunes of the former number one computer maker.
Business
Sep 11, 2013
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Dell says a buyout offer from shareholder Southeastern and billionaire investor Carl Icahn is about $3.9 billion short of the amount needed to pay shareholders as promised and operate the business.
Business
Jun 5, 2013
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