Japan's PM Abe defends policies as markets settle

| |Thursday, May. 23, 2013

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.

Procter & Gamble brings back A.G. Lafley as CEO

| |Thursday, May. 23, 2013

Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.

6 tips on managing your 401(k) plan effectively

| |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.

Procter & Gamble brings back A.G. Lafley as CEO

| |Thursday, May. 23, 2013

Procter & Gamble Co. is bringing back its former CEO, as the world's largest consumer-products maker tries to spur global growth.

Money market fund assets rose to $2.601 trillion

|Thursday, May. 23, 2013

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.

Summary Box: Stocks recover from an early swoon

|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.

GM aims new Chevy Cruze diesel at Volkswagen Jetta

| |Thursday, May. 23, 2013

The marketing people at Chevrolet make no secret of the goal for the new diesel version of the Chevrolet Cruze: Take sales from Volkswagen.

Merck ends development of Parkinson's disease drug

|Thursday, May. 23, 2013

Merck & Co. says it is ending development of an experimental Parkinson's disease drug because the drug wasn't working.

Campbell buying Plum Organics baby food maker

| |Thursday, May. 23, 2013

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.

Why worry? Less aid by Fed would point to recovery

| |Thursday, May. 23, 2013

Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.