The company’s results on Wednesday missed some growth forecasts, but observers said the stock-price decline may have been exacerbated by the unusual ways Etsy structured its April IPO.
A Houston-based high-frequency trading firm won a six-year civil lawsuit against a former employee and a businessman it accused of stealing code.
The Seoul High Court has overturned a lower court’s decision to give the daughter of the chairman of Korean Air Lines a one-year prison sentence after she disrupted a flight.
European governments must step up efforts to overhaul their economies, European Central Bank President Mario Draghi said.
The co-chief executive has been given more power to lead the German bank’s strategy. His chairman should only give him a year to show real results.
CVS’s $10.4 billion deal for Omnicare allows the pharmacy to expand into the growing senior market
Coal miner Murray Energy is set to announce layoffs of around 1,800 workers, dealing another blow to the coal-mining industry in Appalachia.
CVS Health agreed to buy pharmacy-services provider Omnicare for $10.4 billion, strengthening its role as a dispenser of expensive prescription drugs.
Two-fifths of the population of developed countries have gained little over recent decades, driving a rise in income inequality that is damaging economic growth, the OECD said.
Hotel operator Hyatt takes a stake in a company that books short-term stays at high-end homes in London, New York, Paris and Los Angeles, a business that challenges traditional lodging companies.