Turning air into liquid using surplus energy from wind and solar could be a way to store power from intermittent sources and open up an industry worth 1 billion pounds ($1.6 billion) a year to the U.K., a report showed.
Red Hat Inc., the largest seller of Linux operating-system software, fell after reporting fiscal fourth-quarter sales that missed estimates as some customers -- concerned about sluggish economic growth -- put off purchases.
Governor Rick Perry named 13 people to the advisory committee of the Texas Emerging Technology Fund, including an executive of Energy Future Holdings Corp., a Dallas utility that lost $705 million in the second quarter.
Ericsson AB is in talks to buy Microsoft Corp.’s IPTV business, which makes software used by phone companies such as AT&T Inc. to deliver television over the Internet, people with knowledge of the matter said.
JDA Software Group Inc., the maker of business-management programs for retailers, jumped the most in Nasdaq trading since its initial public offering after second-quarter revenue beat analysts’ estimates.
Symantec Corp., which ousted Chief Executive Officer Enrique Salem after the stock underperformed for years, could deliver a 40 percent gain to shareholders by splitting its security software and storage businesses.