Business

Business HP's big deal: Tech giant buys Aruba Networks for $2.7B HP's big deal: Tech giant buys Aruba Networks for $2.7B
Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, in what amounts to HP's first major acquisition since its disastrous purchase of a British software company in 2011.
Business Buffett reflects on his firm's success and strength Buffett reflects on his firm's success and strength
Investor Warren Buffett believes his company, Berkshire Hathaway, will continue to thrive for decades thanks to its vast and varied collection of "remarkable businesses" and investments, which will help it withstand challenges in any one sector.
Business As tastes change, big food makers try hipster guises As tastes change, big food makers try hipster guises
Major companies are testing whether it would pay to tuck away their world famous logos in favor of more hipster guises: PepsiCo, for instance, introduced a craft soda called Caleb's last year and McDonald's opened a cafe that lists lentils and eggplant on its menu.
Business Cuban cigar makers anticipate big bucks from U.S. travelers Cuban cigar makers anticipate big bucks from U.S. travelers
Cuban cigar makers are licking their chops over new U.S. rules, announced in December as part of a partial detente, allowing more Americans to travel to the island and legally bring back small quantities of the coveted stogies for the first time in decades.
Business No thanks! Companies reject 'Shark Tank' deals, still thrive No thanks! Companies reject 'Shark Tank' deals, still thrive
Entrepreneurs may be all smiles when they get an offer on the show, but the deals aren't set in stone. Negotiations start soon after episodes are taped. Contestants can walk away if they don't like the terms.
Business Make me a match: Fidelity to match some IRA contributions Make me a match: Fidelity to match some IRA contributions
Fidelity is taking a page out of the 401(k) playbook to try to make it happen for your individual retirement account. The company will begin offering a match on contributions that some savers make to their IRA.
Business Orders for U.S. durable goods up 2.8 percent in January Orders for U.S. durable goods up 2.8 percent in January
Orders to U.S. factories for long-lasting manufactured goods rebounded in January, rising by the largest amount in six months, although much of the strength came from a big jump in airplane orders.
Business US new home sales fall slightly in January US new home sales fall slightly in January
Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market.
Business Lexus tops auto dependability survey Lexus tops auto dependability survey
Lexus is the most dependable car brand for the fourth consecutive year in rankings that increasingly hinge on high-tech features.
Business U.S. bank earnings drop 7.3 percent in 4th quarter U.S. bank earnings drop 7.3 percent in 4th quarter
U.S. banks' earnings dropped 7.3 percent in the fourth quarter from a year earlier as a few big banks had increased costs to settle legal cases and the industry had declines in income from the mortgage business.
Business Your retirement savings: Obama proposes tougher rules Your retirement savings: Obama proposes tougher rules
The Obama administration is proposing tougher restrictions on brokers who manage Americans' retirement accounts, reigniting a confrontation with the financial services industry over rules affecting trillions of dollars in 401k and other savings accounts.