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Business

  • Sears reports bigger-than-expected 1Q loss

    It was another ugly quarter for Sears Holdings Corp. The beleaguered department-store chain reported a steeper-than-expected loss for its first ... 

  • Jacqueline Goldberg

    87-year-old woman loses to Trump in civil case

    An 87-year-old grandmother took on billionaire Donald Trump. And on Thursday, she lost. Jurors sided with the real estate mogul-turned-TV showman in ... 

  • Study: No higher cancer rate at Conn. Pratt plant

    An 11-year study of the incidence of brain cancer at jet engine manufacturer Pratt & Whitney in the state ended Thursday with university researchers ... 

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

    Procter & Gamble is bringing back former CEO A.G. Lafley, a 33-year industry veteran, to its top post in a surprise move as the world's largest ... 

  • Hobby Lobby

    Hobby Lobby tests birth-control coverage mandate

    In the most prominent challenge of its kind, Hobby Lobby Stores Inc. asked a federal appeals court Thursday for an exemption from part of the federal ... 

  • Barack Obama

    Obama sees narrower terror threat, defends drones

    President Barack Obama sought Thursday to advance the U.S. beyond the unrelenting war effort of the past dozen years, defining a narrower terror ... 

  • Lois Lerner, Douglas Shulman, Neal Wolin, J. Russell George, William W. Taylor

    IRS replaces official in tea party controversy

    Moving quickly to stem a raging controversy, the new acting head of the Internal Revenue Service started cleaning house Thursday by replacing the ... 

  • New rules for labeling meat go into effect in US

    Shoppers in the U.S. will soon have more information about where their meat comes from after new federal labeling rules went into effect Thursday. 

  • James Inhofe, John McCain

    Tea party vs. old guard in GOP Senate rift

    A long-simmering feud between establishment Republicans and tea partyers broke into full view Thursday, with Sen. John McCain accusing younger ... 

  • Gap back in style as 1Q profit jumps 43 percent

    After years of struggle, Gap is back in style. Gap Inc., which owns The Gap, Old Navy and Banana Republic clothing chains, on Thursday reported a 43 ... 

  • Ralph Lauren's 4Q profit rises 35 pct

    Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls 

  • Senate votes to cut crop insurance aid for wealthy

    The Senate on Thursday voted to limit the amount of government subsidies the wealthiest farmers receive when purchasing crop insurance. The vote was ... 

  • John Panin

    Stocks edge lower as investors reassess Fed fears

    Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. U.S. markets plummeted immediately after ... 

  • STUDENT LOANS

    House backs variable rate student loans

    Dismissing a veto threat from President Barack Obama, lawmakers in the House passed legislation that links student loan rates to the ups and downs of ... 

  • Pandora posts in-line 1Q loss, upbeat sales

    Internet radio company Pandora Media Inc. reported higher-than-expected revenue in the latest quarter, with losses in line with analysts' forecasts, ... 

  • Ohio kidnap case hero gets year of free McDonald's

    The man who famously put down his Big Mac to help rescue three women held captive for years in a Cleveland house will get free McDonald's for the next ... 

  • ECB's Draghi: 'Imperative' to set up new bank body

    European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted ... 

  • Charles Bolden,  Firouz Naderi, John Brophy

    NASA head views progress on asteroid lasso mission

    Surrounded by engineers, NASA chief Charles Bolden inspected a prototype spacecraft engine that could power an audacious mission to lasso an asteroid ... 

  • Ron Wyden

    Wyden: FracFocus a 'constructive' tool on drilling

    A website partially funded by the oil and gas industry could be a "constructive" tool for federal regulators as they consider requiring public ... 

  • John Boehner

    House immigration group resolves dispute

    House members writing a bipartisan immigration bill said Thursday they had patched over a dispute that threatened their efforts, even as they and the ... 

  • John D. Rockefeller

    Smooth confirmation hearing for Pritzker

    President Barack Obama's nominee for commerce secretary was questioned briefly about her ties to a subprime mortgage lender that failed in 2001 and ... 

  • Mary J. Blige

    Mary J. Blige faces $3.4M federal tax lien in NJ

    Mary J. Blige and her husband have been hit with a $3.4 million tax lien in New Jersey. Court documents show the Internal Revenue Service filed a ... 

  • Stocks end lower as investors reassess Fed worries

    Stocks are ending the day slightly lower after recouping a big loss early on. U.S. markets fell immediately after the opening bell following a global ... 

  • Big stores nix credit card settlement, file suit

    Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting ... 

  • IMF chief Lagarde in court in fraud probe

    International Monetary Fund chief Christine Lagarde faced hours of questioning at a special Paris court Thursday over her role in the 400 million euro ... 

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