Sen. Carl Levin will not seek re-election in 2014
Democratic Sen. Carl Levin announced Thursday he will not seek re-election in 2014, saying he wants to serve as Senate Armed Services chairman and an ...
Lion killed intern as she was cleaning enclosure
Authorities said Thursday they believe a lion killed a 24-year-old volunteer at a Central California animal park after it escaped from a feeding cage ...
Fed says 17 of 18 top US banks have strengthened
All but one of the nation's 18 largest banks are more prepared to withstand a severe U.S. recession and a global downturn than at any time since the ...
Pandora CEO Kennedy to step down
Shares of Internet radio pioneer Pandora Media Inc. shot up on Thursday after the company said CEO Joseph Kennedy is stepping down and it reported a ...
Kroger's profit beats Wall Street expectations
Kroger's fourth-quarter profit handily beat Wall Street expectations as the country's largest traditional supermarket operator saw sales climb.
Gap revenue rises; transcript leaks early
Gap Inc. said Thursday a key revenue measure rose more than expected in February, helped by sales of jeans and woven tops at its Gap and Old Navy ...
Dell buyout in turmoil as Icahn enters the fray
A proposed buyout of computer maker Dell Inc. appeared less likely Thursday after activist investor Carl Icahn said Dell should remain a public ...
Group backing Obama won't take corporate money
Reversing course amid criticism, a nonprofit group run by former advisers to President Barack Obama said Thursday it would not accept corporate ...
Stocks gain for fifth day on unemployment report
The Dow pushed further into record territory Thursday, having surpassed its previous all-time high two days ago. The catalyst was the latest evidence ...
Facebook exec's new book urges women to 'lean in'
For a book that has yet to be released, Sheryl Sandberg's "Lean In" — part feminist manifesto, part how-to career guide — has got a lot of people ...
Ford recalls 230,000 minivans to fix rust problem
Ford is recalling 230,000 minivans in 20 cold-weather states and Washington, D.C., to fix rust problems that can cause the third-row seats to come ...
Adidas posts loss on weaker Reebok prospects
Sports gear maker Adidas AG lost €273 million ($356 million) in the fourth quarter as it wrote down the value of its weakening Reebok brand. But it ...
Merck Q4 net profit more than doubles
Merck KGaA saw its profit more than double in the fourth quarter as the German pharmaceutical company benefited from higher prices for its Rebif ...
AP Interview: Toyota chief stresses safe growth
After four tumultuous years bookended by an unprecedented recall crisis and a return to the top of the global auto industry, Akio Toyoda is ...
Time Warner spinning off Time Inc. magazines
Time Warner Inc. said Wednesday that it will spin off the magazine unit behind Time, Sports Illustrated and People into a separate, publicly traded ...
Staples 4Q hit by charges, forecast misses view
Costs related to Staples turnaround plan helped drive down the office supplier's fourth-quarter net income by 72 percent. Its quarterly revenue and ...
DC region faces unique challenges from budget cuts
To get a sense of just how much federal government spending influences the Washington metropolitan area, all you have to do is listen to the ads on ...
Facebook adds University of Calif chief to board
Facebook says the chancellor of the University of California at San Francisco, Susan Desmond-Hellmann, will join its board of directors. She will be ...
Murky Menendez prostitution claims keep shifting
Murky allegations involving Sen. Robert Menendez, a top donor and prostitutes in the Dominican Republic have twisted in confusing new directions.
Dell committee defends $24.4B sale as best choice
The Dell Inc. committee that negotiated the slumping PC maker's $24.4 billion buyout is standing behind the deal despite the misgivings of major ...
Key dates in EU antitrust action against Microsoft
The European Union has fined Microsoft Corp. €561 million ($733 million) for failing to live up to the terms of a settlement that was to end the ...
Former GM executive tapped for Toyota board
Toyota has tapped a former executive at U.S. rival General Motors to join its board, the first time in the Japanese automaker's 76-year history it is ...
Wash. and Colo. 'potrepreneurs' see opportunity
Kim Ridgway and her wife, Kimberly Bliss, can well envision the shop they plan to open — where they'll put the accessories, the baked goods and the ...
As middle class grows, global brands hit Nigeria
Inside this 1950s-style American diner, waitresses softly sing along to Aretha Franklin as they sling hamburgers and whip up milkshakes. The jukebox ...
Renault CEO: Let shareholders vote on exec pay
Just days after Swiss voters struck a blow against corporate greed, Renault's CEO Carlos Ghosn gave his support to the idea of giving shareholders ...
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