| |Thursday, May. 23, 2013
TOKYO — Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami disaster.
| |Thursday, May. 23, 2013
NEW YORK — Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.
| |Thursday, May. 23, 2013
The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes.
| |Thursday, May. 23, 2013
NEW YORK — Procter & Gamble Co. is bringing back its former CEO, as the world's largest consumer-products maker tries to spur global growth.
|Thursday, May. 23, 2013
NEW YORK — Total U.S. money market mutual fund assets rose $19.53 billion to $2.601 trillion for the week that ended Wednesday, according to the Investment Company Institute.
|Thursday, May. 23, 2013
UPS AND DOWNS: Stocks plunged at the opening of trading but recovered by midday. A rout overseas and in the early going on Wall Street was set off by a slowdown in China and worries that the Federal Reserve might slow down its bond purchases. By the afternoon the U.S. market had recouped nearly all of its loss.
| |Thursday, May. 23, 2013
DETROIT — The marketing people at Chevrolet make no secret of the goal for the new diesel version of the Chevrolet Cruze: Take sales from Volkswagen.
|Thursday, May. 23, 2013
WHITEHOUSE STATION, N.J. — Merck & Co. says it is ending development of an experimental Parkinson's disease drug because the drug wasn't working.
| |Thursday, May. 23, 2013
NEW YORK — Campbell Soup said it's buying Plum Organics, which makes food for babies and kids, for an undisclosed amount as it looks to move into faster-growing categories.
| |Thursday, May. 23, 2013
WASHINGTON — Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.