Dow jumps 240+ after Fed minutes land U.S. equities closed higher on Wednesday as investors digested the release of the Federal Reserve's October meeting minutes.
| By: Fred Imbert
ON Semiconductor to buy Fairchild for about $2.3 billion PORTLAND, Maine— Arizona- based ON Semiconductor Corp. is buying Fairchild Semiconductor for about $2.3 billion in cash to expand its products in the automotive, industrial and smartphone industries. Fairchild's founders included Robert Noyce, one of the inventors of the microchip who went on to help found Intel. His ex-wife, Elizabeth Noyce, gave millions to...
Source: The Associated Press