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The European Central Bank has kept interest rates at 1 percent for the 16th consecutive month as a still-uncertain global outlook clouds optimism about the eurozone’s recovery. The ECB’s decision Thursday to leave its benchmark refinancing rate at a record low, where it has stood since May 2009, was widely expected. The ECB’s Governing Council [...]
Google continues to dominate in its core business, search advertising, which accounts for more than 90 percent of its revenue. But as Google grows and search becomes increasingly competitive, analysts and investors are beginning to wonder what is next for the company. Google Inc.’s second-quarter earnings missed analysts’ target as higher expenses and the fallout [...]
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