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.
SOCIAL NETWORK Facebook reported that its profits almost tripled in the first quarter on Wednesday, and boasted that its mobile user base passed the one billion milestone.
FRANKFURT�The European Central Bank would consider broad-based purchases of assets if the outlook for future consumer-price growth weakens too much, ECB President Mario Draghi said Thursday.
Sales of new homes plunged 14.5 percent in March, the Commerce Department reported Wednesday. But local builders see a pent-up demand that's beginning to break loose.