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ennecott Utah Copper laid off about 100 workers Thursday as a result of a massive landslide that crippled its mine last month, and intends to let more go before the end of May.
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Why worry? Less aid by Fed would point to recovery

Paul Wiseman, Associated Press  |  posted May 23rd - 7:09pm
Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.
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Sears reports bigger-than-expected 1Q loss

Anne D'innocenzio and Candice Choi, Associated Press  |  posted May 23rd - 7:09pm
It was another ugly quarter for Sears Holdings Corp.
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Gap back in style as 1Q profit jumps 43 percent

Anne D'innocenzio, Associated Press  |  posted May 23rd - 4:40pm
After years of struggle, Gap is back in style.
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Ralph Lauren's 4Q profit rises 35 pct

Anne D'innocenzio, Associated Press  |  posted May 23rd - 4:11pm
Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.
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Stocks edge lower as investors reassess Fed fears

Steve Rothwell, Associated Press  |  posted May 23rd - 4:02pm
Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.
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Japan's PM Abe defends policies as markets settle

Associated Press  |  posted 46 minutes ago
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.
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Procter & Gamble brings back A.G. Lafley as CEO

Mae Anderson, Associated Press  |  posted May 23rd - 10:02pm
Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.
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Procter & Gamble brings back A.G. Lafley as CEO

Mae Anderson, Associated Press  |  posted May 23rd - 7:56pm
Procter & Gamble Co. is bringing back its former CEO, as the world's largest consumer-products maker tries to spur global growth.
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6 tips on managing your 401(k) plan effectively

Alex Veiga, Associated Press  |  posted May 23rd - 5:33pm
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.
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Average US mortgage rates rise for 3rd week

Associated Press  |  posted May 23rd - 5:22pm
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Money market fund assets rose to $2.601 trillion

The Associated Press  |  posted May 23rd - 4:30pm
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.
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Campbell buying Plum Organics baby food maker

Candice Choi, Associated Press  |  posted May 23rd - 4:28pm
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.
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Marathon Oil says talks end on possible stake sale

Associated Press  |  posted May 23rd - 4:08pm
Marathon Oil said Thursday that talks on a potential sale of part of its stake in the Athabasca Oil Sands Project in Canada have ended.
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McDonald's can't shake criticism about nutrition

Candice Choi, Associated Press  |  posted May 23rd - 3:57pm
McDonald's once again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting Thursday _ including some sharp remarks from a 9-year-old girl.
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Summary Box: Stocks recover from an early swoon

The Associated Press  |  posted May 23rd - 3:52pm
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.
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