Share this article

print logo

IN OTHER BUSINESS NEWS . . .

International Business Machines Corp. will spend $600 million this year to expand facilities for making computer chips, ending five years of spending cuts in its semiconductor business. IBM will not build new factories, but will add equipment at sites in Burlington, Vt., and Corbeil-Essonnes, France.

The New York Stock Exchange is launching an effort to woo Microsoft, the biggest listing on the rival Nasdaq system, Richard A. Grasso, NYSE president said. The Redmond, Wash., software giant reportedly has made no decision on whether to leave Nasdaq, but is studying the issue.

There are no comments - be the first to comment