Business News

The S&P 500 is coming off its best weekly gain of the year as investors begin a new week. The fate of the market will depend on corporate earnings in the coming weeks, as well as economic data. (CNBC)

The beer wars may not be over yet. AB InBev may raise its takeover offer for rival beer brewer SABMiller. Three offers have been rejected so far by SAB Miller. (Reuters)

Personal computer sales are doing even worse than expected. PC shipments plunged 10.8% in the third quarter, compared to the same period one year ago. The overall decline in PC usage and sales has persisted for several years, thanks to a shift to smartphones and tablets. With competing methods to go online, the urgency to upgrade personal computers has faded. (IDC)

Dell will purchase cloud computing company EMC in a deal worth $67billion, marking it the biggest tech transaction on record. (CNBC)

Ford plans to invest $1.8 billion over the next five years in China, to expand research and development in that country. It will include research on how to add greater smartphone connectivity, autonomous driving and other smart car features. (Wall Street Journal)

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