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1340 more coronavirus cases, 3 deaths reported Saturday in Utah – KSL.com

The Utah Department of Health said Saturday there are 1,340 new test-confirmed cases of COVID-19 in the state, and that three more Utahns have died of the disea…

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SALT LAKE CITY The Utah Department of Health said Saturday there are 1,340 new test-confirmed cases of COVID-19 in the state, and that three more Utahns have died of the disease since Friday’s reported figures.
The update brings Utah to 93,297 total confirmed coronavirus cases and 540 deaths since the pandemic began.
In an email, the health department said the three deceased Utahns were:

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IBM reports third straight quarter of revenue declines – CNBC

Revenue declines have returned under new IBM CEO Arvind Krishna as he seeks to sell off part of the company’s largest business segment.

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Shares of IBM fell slightly in extended trading on Monday after the company released third-quarter earnings that were in line with what analysts had expected.
Here’s how the company did:

  • Earnings: $2.58 per share, adjusted, vs. $2.58 per share as expected by analysts, according to Refinitiv.
  • Revenue: $17.56 billion, vs. $17.54 billion as expected by analysts, according to Refinitiv.

Revenue declined 2.5%, falling for the third consecutive quarter on an annualized basis…

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Stock market news live updates:Wall Street slumps on fading pre-election stimulus hopes, Dow has worst day in nearly a month – Yahoo Finance

A selloff Monday accelerated as investors continued to weigh fading prospects of a near-term stimulus package, and eyed still-rising coronavirus cases in the…

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A selloff Monday accelerated as investors continued to weigh fading prospects of a near-term stimulus package, and eyed still-rising coronavirus cases in the U.S.
The Dow slid more than 400 points, or 1.4%, as shares of Johnson & Johnson, Microsoft and Apple lagged. The drop marked the indexs worst since September 23. The communication services and energy sectors underperformed in the S&P 500.
Lawmakers over the weekend delivered remarks that briefly stoked optimism that a last-ditch e…

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Intel Nears Deal to Sell NAND Memory Unit to SK Hynix – The Wall Street Journal

Deal with South Korean chip maker could be valued at around $10 billion

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Intel Corp. is nearing a deal to sell a memory-chip unit to South Koreas SK Hynix Inc. for roughly $10 billion, in a move that would reorient the semiconductor giant away from an area of historical importance that has become increasingly challenged.
The companies are discussing a deal that could be announced as soon as Monday, according to people familiar with the matter, assuming the talks dont fall apart at the last minute. Specifics of the transaction, including exactly what SK Hynix would b…

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