Procter & Gamble brings back A.G. Lafley as CEO
NEW YORK -- Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.
Business News
Stocks barely budge; market ends week with loss
NEW YORK -- Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.
US durable goods orders rise 3.3 percent in April
WASHINGTON -- U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and an increase in products that signal business investment.
US unemployment aid applications fall to 340K
WASHINGTON -- The number of Americans applying for unemployment benefits fell by 23,000 last week, further evidence that the job market is slowly returning to health.
US new home sales up 2.3 percent in April
WASHINGTON -- Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.
US home sales tick up to highest in 3 1/2 years
WASHINGTON -- Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.
Bernanke signals Fed to maintain stimulus efforts
WASHINGTON -- Chairman Ben Bernanke is telling Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
Target's 1Q profit drops 26 pct on weak sales
NEW YORK -- Target Corp. is reporting a 26 percent drop in first-quarter profits as cool temperatures and financial pressures limited customers' appetite for spending.
Lowe's 1Q profit rises, chilly spring hurts sales
MOORESVILLE, N.C. -- Lowe's first-quarter net income rose almost 3 percent, even as a wet and cool spring dampened sales of gardening products.
Judge: Hollister clothing unfriendly to disabled
DENVER -- A federal judge in Denver is considering an injunction after ruling that nearly 250 Abercrombie & Fitch Co. and J.M. Hollister LLC clothing stores are unfriendly to the disabled.
Apple's Cook faces Senate questions on taxes
WASHINGTON -- The Senate dragged Apple Inc., the world's most valuable company, into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in U.S. taxes.
Sprint to listen to Dish offer
OVERLAND PARK, Kan. -- Wireless company Sprint Nextel Inc. says it can now let Dish Network see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank.
Best Buy reports 1Q loss on restructuring costs
MINNEAPOLIS -- Best Buy Co. is reporting a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
Housing recovery gives boost to Home Depot 1Q
ATLANTA -- Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
Microsoft expected to reveal next-generation Xbox
REMOND, Wash. -- Will Xbox mark the spot once again for Microsoft?
Sprint boosts buyout offer for Clearwire
OVERLAND PARK, Kan. -- Sprint says it has raised its buyout offer for the stake in Clearwire it does not already own by 14 percent.
Yahoo takes big leap with $1.1B deal for Tumblr
SAN FRANCISCO -- Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
Retailer LL Bean keeping it in the family
FREEPORT, Maine -- L.L. Bean's grandson Leon Gorman is retiring as chairman after more a half-century as chairman or CEO of the outdoors retailer, but the privately held company is keeping the position in the family.
Stocks rise on hopeful signs for the US economy
NEW YORK -- Encouraging news about the U.S. economy pushed stocks higher on Wall Street Friday.
China: Cadillac recalling SUVs to fix wheel nuts
BEIJING -- China's product safety agency says General Motors Co.'s main Chinese joint venture is recalling Cadillac SUVs to correct a problem with nuts that hold their wheels in place.
- Page: 1 2 3 4 5 6 7 8 9 10