Several top analysts expect the government to report strong job growth on Friday despite a disappointing private-sector survey, a development that would reinforce the belief that the economy is poised to pick up after two weak quarters.
Tribune Publishing, which owns the Los Angeles Times, Chicago Tribune and nine other daily newspapers, said Wednesday its board of directors has rejected Gannett's $815 million offer to buy the company.
"FarmVille" game maker Zynga Inc (ZNGA.O) reported higher-than-expected bookings in the first quarter, helped by its slot machine-based games and "Words With Friends".
FRANKFURT—The European Central Bank said Wednesday that it would stop printing the 500-euro banknote, but that the note would remain legal tender.
NEW YORK U.S. stocks declined for a second day on Wednesday, weighed down by tepid data on private sector U.S. jobs and a retreat in biotech shares.