Mario Draghi said the euro area was better equipped than it had been in the past to deal with a new Greek crisis but warned of �uncharted waters� if the situation were to deteriorate badly.
General Electric Co. GE -0.11 % 's first-quarter earnings report showed that CEO Jeff Immelt's strategy to exit banking and refocus on its industrial operations will still leave the company with a tough row to hoe.
After years of squabbling, business and labor groups have finally hammered out a ban on credit checks for thousands of New Yorkers seeking retail, restaurant and even dog-walking jobs.
They say you don't get rich by writing a lot of checks. And if you believe the IRS, failing to pay billions in federal taxes may explain how two brothers and Texas businessmen amassed a fortune worthy of landing them among the Forbes 400 Richest Americans.
Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) shot up 3% during trade yesterday, as people close to the matter reported that the company is weighing a takeover bid for Mylan NV (NASDAQ:MYL).