Lenovo agreed to buy IBM's low-end server business in a long-awaited deal valued at about $2.3 billion, the biggest-ever tech acquisition by a Chinese company.
Morgan Stanley reports a sharp fall in quarterly profit as the Wall Street bank posts a pre-tax loss of $1.1 billion.
GE says its net income rose 5 percent in the fourth quarter on rising profits from the sale of aircraft engines, oil and gas drilling equipment and appliances.
Hackers breached the computer networks of luxury department store chain Neiman Marcus as far back as July, an attack that wasn't fully contained until Sunday, a report says.
Citigroup's quarterly profit rose 21 percent as expenses declined and the company drew down reserves it had taken against bad mortgage loans.
Goldman Sachs reports a 21 percent drop in quarterly profit as revenue from fixed-income trading fell.
J.C. Penney will fire 2,000 people and close 33 underperforming stores as part of a revamped turnaround plan it hopes will stem ballooning losses.
Bank of America reports an eight-fold jump in fourth-quarter profit, driven by a steep fall in provisions to cover bad loans.
China Mobile will begin selling Apple iPhones in China on Friday, an event Apple CEO Tim Cook calls a watershed moment for the Silicon Valley company.
JPMorgan reported a 7.3 percent drop in quarterly profit it paid penalties to the government for not reporting suspicions of fraud by client Bernie Madoff.
Google agrees to buy intelligent home appliance startup Nest Labs for $3.2 billion in cash.
About 20 million DirecTV customers nationwide lost The Weather Channel because of a dispute over fees between the channel and the satellite service.
An activist investor group says it's disappointed by Darden Restaurants' plan to spin off its Red Lobster chain to enhance shareholder value, calling it insufficient.
Yogawear retailer Lululemon cuts its quarterly forecast as the company struggles with the lingering effects of an embarrassing recall, sending shares lower.
A top retail trade group executive calls for tougher security standards that could mean more spending for the industry, after a series of data breaches at major merchants.