Broad selling in tech stocks pulled US markets lower on Wednesday, cutting short a six-day streak of gains by the S&P 500. Boeing, Dow Chemical and Delta Air Lines registered strong gains on better than expected quarterly reports, but their impact was ...
Valeant CEO Michael Pearson is known as an aggressive cost cutter. Pawel Dwulit for The Wall Street Journal. Michael Pearson runs a drug company, but that doesn't mean he wants to spend money on science.
... * Alstom to give update on its prospects on May 7. * GE declines to comment, Bouygues not reachable. * Any bid from foreign group would raise eyebrows in France.
German business confidence unexpectedly rose in April, signaling optimism that Europe's largest economy will withstand risks from tension in Ukraine to price weakness in the euro area.
The euro struggled to make headway on Thursday amid caution before a speech by ECB President Mario Draghi, while the New Zealand dollar rose after the central bank raised interest rates and signalled more tightening.