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Time Inc. Names Scott McAllister Senior Vice President, Digital Marketing

Time Inc., Associated Press  |  posted 13 minutes ago
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Texas town recovering, year after deadly blast

Emily Schmall, Nomaan Merchant, Associated Press  |  posted 14 minutes ago
As word spread of a spiraling fire at this Texas town's fertilizer plant, volunteers raced to protect families and elderly residents who lived nearby. Then came the deafening explosion.
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GE 1Q earnings fall, outlook strong

Jonathan Fahey, Associated Press  |  posted 24 minutes ago
General Electric posted lower first-quarter net income than a year ago because last year's results included the sale of NBC Universal. But the company said its industrial divisions performed well and the economic environment was "positive."
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Goldman Sachs earnings fall 11 percent

Steve Rothwell, Associated Press  |  posted 4 minutes ago
Investment bank Goldman Sachs says its first-quarter earnings fell as fixed income trading slumped.
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State psychiatric prison under federal scrutiny

The Associated Press  |  posted 14 minutes ago
A federally funded watchdog group has launched an investigation into the treatment of inmates at Bridgewater State Hospital psychiatric prison.
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Tiny power plants hold promise for nuclear energy

The Associated Press  |  posted 14 minutes ago
Tiny nuclear power plants that could be far cheaper to build than their behemoth counterparts could herald the future for an energy industry that has come under scrutiny since the Fukushima disaster.
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Weak Barbie sales weigh on Mattel 1Q

The Associated Press  |  posted 23 minutes ago
Toy maker Mattel says weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first-quarter loss.
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Servier, lab founder in drug scandal, dies at 92

The Associated Press  |  posted 24 minutes ago
Jacques Servier, the founder of France's second-largest pharmaceutical group who became ensnared in a scandal over a diabetes drug widely used for weight loss, has died.
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Detroit turnaround effort to be subject of course

The Associated Press  |  posted 34 minutes ago
The ongoing efforts to turn around bankrupt Detroit will be the subject of a course starting this spring at Wayne State University.
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PepsiCo 1Q jumps on snack sales, cost cuts

The Associated Press  |  posted 34 minutes ago
PepsiCo reported a stronger-than-expected first-quarter profit as the company slashed costs and sold more snacks around the world.
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