News In Brief

New orders to US factories surged in January for the second consecutive month, the Commerce Department said. Orders increased 1.7 percent to a seasonally adjusted $349.6 billion following an even stronger 2.3 percent increase in December, perhaps signaling the start of a rebound for manufacturing after a year of struggling with fallout from Asia's economic crisis. There were weaker increases during five of the six months before December.

Dell Computer said it will buy $16 billion worth of IBM equipment as part of a new seven-year agreement. The deal initially calls for Dell to purchase disk drives, flat-panel displays, and memory chips. But the companies said they expect it to develop into a closer partnership, including joint development of new computer technology.

Share this story:

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK