
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 ...

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 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 ...

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 ...

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.

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 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 ...