Actel broadens Microsemi’s product line and moves it up the value chain, which means higher margins. In addition, Microsemi has a nice opportunity to leverage its distribution footprint.
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Toyota says complaints by its cars’ unintended acceleration have dropped 80% compared to April, , as the world’s largest automaker continues to make strides in repairing the nearly 8 million vehicles recalled in the U.S. to ove…
GE has signed agreements worth about $700 million to supply Saudi Arabia with equipment for a new gas-fired power plant. It will provide 15% of the power generation capacity in Saudi Arabia’s central region.
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Food giant Sara Lee saw its shares surge over 18% in premarket trading Monday after the New York Post reported the company turned down a $12 billion buyout offer from private-equity company KKR & Co.), citing unnamed sources.
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Despite the carrier’s admission of overbilling, the FCC says it plans to investigate why it took Verizon two years to notify customers of the problem, reimburse them and take corrective action. Additional penalties are a possib…