Latest International Business Machines Corp News

In this Tuesday, Jan. 21, 2020, photograph, Theresa Szczurek is shown in her office where she toils as the executive director of the Colorado Office of Information Technology in downtown Denver. (AP Photo/David Zalubowski)

Tech-starved government seeks industry's best, brightest

Feb. 17, 2020 1:36 PM EST

Denver (AP) — In this post-impeachment era of divisiveness and deadlock in the nation’s capital, Uncle Sam has a message for top U.S. technologists: I Still Want You. A Washington-based nerd strike force called the U.S. Digital Service is seeking private-sector coders, programmers and software...

FILE - In this Jan. 9, 2020, file photo trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 31. (AP Photo/Richard Drew, File)

Stocks sink on fears virus outbreak will dent global economy

Jan. 31, 2020 5:36 PM EST

Stocks fell sharply on Wall Street Friday as fears spread through the markets that a virus outbreak emanating from China will dent global growth. The Dow Jones Industrial Average skidded more than 600 points and the S&P 500 index erased its gains for January. Technology companies, which do a lot of business...

Exxon Mobil, Amgen fall; Amazon, IBM rise

Jan. 31, 2020 4:17 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Amazon.com Inc., up $134.04 to $2,008.72 The online retailer blew past Wall Street's fourth-quarter profit forecasts as Prime membership surged. Visa Inc., down $9.24 to $198.97 The payment processing giant reported weak fiscal...

FILE - In this Tuesday, Jan. 21, 2020 file photo, Ginni Rometty, President and CEO of IBM, attends a panel discussion at the World Economic Forum in Davos, Switzerland. Ginni Rometty is stepping down after nearly 40 years with the computing giant and eight years at its helm. The company said Thursday, Jan. 30, 2020 that Arvind Krishna will take over as CEO starting April 6 . (AP Photo/Michael Probst)

Ginni Rometty, 1st female CEO at IBM, to step down in April

Jan. 30, 2020 6:40 PM EST

ARMONK, N.Y. (AP) — Ginni Rometty, the first female CEO in IBM's century-long history, is leaving the helm in April. Rometty, 62, will remain IBM's executive chairwoman until the end of the year. Her departure, announced Thursday, caps nearly 40 years with a technology giant famous for its conservative...

FILE - In this Wednesday, Sept. 26, 2018 file photo, Ginni Rometty, Chairman, President, and CEO of IBM, speaks at the Bloomberg Global Business Forum in New York. Ginni Rometty is stepping down after nearly 40 years with the computing giant and eight years at its helm. The company said Thursday, Jan. 30, 2020 that Arvind Krishna will take over as CEO starting April 6 . (AP Photo/Mark Lennihan, File)

IBM CEOs over the century; first and only woman is leaving

Jan. 30, 2020 6:33 PM EST

IBM has had just one female CEO in its century-long history. Ginni Rometty took over the helm in January 2012. IBM announced Thursday that she's stepping down in April. Here's the list of CEOs at IBM: Thomas J. Watson, May 1914-May 1956 Thomas J. Watson, Jr., May 1956-June 1971 T. Vincent Learson, June...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 23, 2020. Asian shares are mostly higher as health authorities around the world move to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. (AP Photo/Ahn Young-joon)

Asian shares higher despite growing impact of China virus

Jan. 23, 2020 12:42 AM EST

BANGKOK (AP) — Asian shares were mostly higher Thursday as health authorities around the world moved to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports in measures that...

IBM, Express rise; Netflix, Baker Hughes fall

Jan. 22, 2020 5:14 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday: Netflix Inc., down $12.11 at $326. The streaming video company gave investors a weak forecast for subscriber growth. IBM (IBM), up $4.72 at $143.89. The technology and consulting company's fourth-quarter profit and revenue beat...