FRANKFURT The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if growth and inflation prospects weaken further.
For global markets, it will be one of the most closely watched numbers of the year. Friday morning's labour market report will not only be an important gauge of the health of America's recovery, but it has assumed an outsized importance in public ...
AOL, recently acquired by Verizon Communications Inc., VZ 1.00 % has agreed to buy Millennial Media Inc. MM 1.52 % for about $250 million, a move to grow its app monetization services.
Campbell Soup Co. CPB 1.92 % on Thursday offered earnings guidance for its newly started fiscal year that mostly exceeded Wall Street expectations, though profit and revenue for its latest quarter met consensus views.
Novartis has launched the first cut-price copy of an expensive biological drug in the US, opening the way for a new category of medicines that could shave billions of dollars off American healthcare costs.