Federal Reserve Chair Janet Yellen raised the possibility that future policy makers might increase their inflation target and broaden the types of assets they can buy to enhance their ability to counteract a severe recession.
Heather Bresch, chief of Mylan, which has a reputation for bare-knuckled tactics that have angered competitors and investors. Credit Andrew Hetherington/Redux.
Excerpts from James Bullard, St. Louis Federal Reserve Bank CEO & President; Loretta Mester, Cleveland Federal Reserve President; and Stanley Fischer, Federal Reserve Vice Chair.
St. Jude Medical Inc. STJ 0.24 % on Friday denied allegations made by a research firm that its pacemakers and other heart devices were vulnerable to hacking and other cybersecurity threats.
Rackspace, a company that was an early player in the cloud market, is being forced to evolve or continue to be left behind. The cloud and web-hosting company announced today that it's being acquired by Apollo Global Management, a U.S.