Publicis Groupe SA said Thursday that it expects to post “modest” growth this year, after the French advertising group finished a difficult 2015 on a more positive note.
Federal Reserve Chairwoman Janet Yellen flagged risks to the economic outlook that could delay the central bank’s plans for raising short-term interest rates, in her semiannual testimony to Congress on U.S. monetary policy.
KKR learned that oil and debt don’t mix after falling commodity prices doomed two of its biggest investments: the multibillion-dollar buyouts of power producer TXU and oil explorer Samson Resources.
Investor Kyle Bass said Wednesday that China’s liquid foreign reserves are “already below a critical level,” intensifying a debate over China’s ability to keep its currency from falling.
Insurer’s CEO is under pressure to improve performance, and Carl Icahn and other big investors aren’t making it any easier.
Lofty forecasts gave Tesla stock a big boost. Bringing hopes to fruition will be much trickier.
Mylan said it has agreed to buy Swedish pharmaceutical company Meda for $7.2 billion in cash and stock, while the drug maker also reported slower-than-expected growth in its fourth quarter.
Fed Chairwoman Janet Yellen wisely refused to paint the Fed into a corner even as markets think odds of any further rate increases in 2016 are low.
Twitter’s fourth-quarter results highlight the challenge it faces when it comes to restarting user growth.
Calls to break up AIG seem less convincing, as interest rates fall and the more diversified company outperforms some peers.