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In the largest layoff in the company's history, it's stripping 14 percent of its workforce. CEO Satya Nadella says it's part of a plan to make the 39-year-old company more agile and productive.

The housing sector has been one of the economy's bright spots, and economists expect that to continue. But they also say that until new-home construction catches up, the supply of homes for sale will remain tight.

The latest S&P/Case-Shiller Home Price Indices report shows year-over-year gains in 20 major cities. It's another sign that the housing sector, which crashed in 2007 and 2008, is on the mend.

The system was bringing hurricane-force winds and near-white-out conditions to parts of the region, with northern Massachusetts and the Boston area particularly hard hit.

The chipmaker is purchasing a smaller chip manufacturer, Altera, for about $16.7 billion in cash.

Italian astronaut Samantha Cristoforetti surpassed a space endurance record for a female spacefarer.

The television network's CEO, Richard Plepler, says the company is mulling over a move that could end-run the cable companies.

In 1995 and 1996, the federal government was shuttered due to a budget impasse. Sound familiar? We peeked into the past to see what the shutdown looked like back then.

The retail giant pleaded guilty to improperly disposing of toxic pollutants in California and Missouri in the period 2003 to 2005.

An "auntie" left a very visible mark during a reception marking Asian American and Pacific Islander Heritage Month the president joked Tuesday. "I do not want to be in trouble with Michelle," he added. "That's why I'm calling you out."