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IBM to acquire open-source software company Red Hat

IBM to acquire open-source software company Red Hat

IBM will acquire Red Hat for $190 per share, in a deal worth approximately $34 billion. Both companies took pains to say the Red Hat ethos and commitment to open source would continue.

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State of Minnesota seeking consumer info on internet speeds

State of Minnesota seeking consumer info on internet speeds

The state of Minnesota wants to know how fast your internet connections are — and it's launching a new online tool to gather that information.
by Martin Moylan

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Sears suppliers haunted by ghost of Toys R Us

Sears suppliers haunted by ghost of Toys R Us

Since filing for Chapter 11 bankruptcy, Sears Holdings Corp. has been trying to convince suppliers to keep shipping it merchandise. But a growing number of manufacturers who themselves got hurt or watched others get burned by Toys R Us' quick demise don't want to take a chance.
by Associated Press

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Protesters in Germany block tracks to disputed coal mine

Protesters in Germany block tracks to disputed coal mine

Protesters on Saturday blocked a railway line leading to a large strip coal mine in western Germany that has become a cause celebre for environmentalists amid plans to clear part of a neighboring forest to expand the facility.
by Associated Press

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Caught between Trump's tariffs and tax changes, soybean farmers face uncertain future

Caught between Trump's tariffs and tax changes, soybean farmers face uncertain future

A daunting trifecta is threatening many Midwest farmers' profit margin: wet fields, stubbornly low crop prices exacerbated by a trade war with China -- and some twists from the new tax law.
by Amy Mayer

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U.S. economy grew at strong 3.5 percent rate in Q3

U.S. economy grew at strong 3.5 percent rate in Q3

The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade.
by Associated Press

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Tech companies lead another steep sell-off in U.S. stocks

Tech companies lead another steep sell-off in U.S. stocks

Another torrent of selling gripped Wall Street Wednesday, sending the Dow Jones Industrial Average plummeting more than 600 points and extending a losing streak for the benchmark S&P 500 index to a sixth day.
by Associated Press

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U.S. Bank trimming staff as business changes

U.S. Bank trimming staff as business changes

Minneapolis-based U.S. Bank is trimming several hundred positions nationwide as it rejiggers operations in response to changes in the business.
by Peter Cox

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