Dell is doubling its staff in India to 20,000 over the next three years

In the headlines this morning, Dell is doubling its staff in India to 20,000 over the next three years. The move comes as the tech giant boosts its presence in one of the world's fastest-growing markets.

U.S. stocks opened higher as investors await remarks from Federal Reserve Chairman Ben Bernanke on possible interest-rate hikes.

In earnings, Williams-Sonoma said fourth-quarter profit rose 6% and offered a bullish profit outlook on double-digit revenue growth. The home-furnishings retailer initiated its first quarterly cash dividend.

In other news, Michaels Stores said it's putting itself up for sale. Longtime Chief Executive R. Michael Rouleau is retiring.

And Pfizer is in focus after The Sunday Times of London reported that British company Reckitt Benckiser is launching a $10.5 billion bid for Pfizer's consumer-products business. On March 16, Colgate-Palmolive said it was looking at buying the unit.

On the Forbes.com Video Network, see our preview of Oracle's third-quarter earnings, which are due after the bell today.