During five days in August 2011, Adobe Systems Inc.’s top executives sequestered themselves in an 18th-floor boardroom atop the software maker’s Silicon Valley headquarters to address an emerging threat: the cloud.
Access to cheaper drugs in other countries may be limited by a provision sought by the U.S. in a Pacific trade deal, according to patent specialists who reviewed a document exposed by the WikiLeaks anti-secrecy group.
U.S. stocks rose, sending the Standard & Poor’s 500 Index to a record, as sales at Amazon.com Inc. and Microsoft Corp. beat estimates. Treasuries climbed amid bets the Federal Reserve will maintain stimulus and Mexico’s peso climbed as the central bank signaled a halt to rate cuts.
Microsoft Corp. is weathering slumping personal-computer sales by focusing on Xboxes, business software and cloud services, as departing Chief Executive Officer Steve Ballmer seeks to make the company less dependent on its Windows operating system.