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The price of oil fell Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy.
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JPMorgan's Dimon survives shareholder referendum

Christina Rexrode, Associated Press  |  posted 13 minutes ago
Shareholders of JPMorgan Chase voted Tuesday to let Jamie Dimon keep both the chairman and CEO roles, but they signaled that the bank needed better oversight, giving only narrow approval to three of the bank's board members.
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Does France have right plan to revive its economy?

Sarah Dilorenzo, Associated Press  |  posted 58 minutes ago
The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.
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Stock indexes head higher in afternoon trading

Matthew Craft, Associated Press  |  posted May 21st - 11:37am
The stock market turned higher Tuesday as investors banked on continued policy support from the Federal Reserve. Two big retailers also topped Wall Street expectations for the most recent quarter.
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Stock indexes head higher in afternoon trading

Steve Rothwell, Associated Press  |  posted May 21st - 11:33am
The stock market turned higher Tuesday as investors banked on continued policy support from the Federal Reserve. Two big retailers also topped Wall Street expectations for the most recent quarter.
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Best Buy reports 1Q loss on restructuring costs

Mae Anderson, Associated Press  |  posted May 21st - 11:32am
Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
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Indexes edge higher on Wall Street in midday trade

The Associated Press  |  posted May 21st - 9:57am
Stock indexes are edging higher in midday trading on Wall Street as investors look ahead to the Federal Reserve's next moves.
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Housing recovery boosts Home Depot 1Q results

Michelle Chapman and Mae Anderson, Associated Press  |  posted May 21st - 9:49am
Home Depot Inc.'s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring.
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Lew: IRS actions "unacceptable and inexcusable"

Martin Crutsinger, Associated Press  |  posted May 21st - 9:49am
Treasury Secretary Jacob Lew says the Internal Revenue Service's targeting of conservative political groups was "unacceptable and inexcusable" and he has directed the agency's acting director to hold people accountable.
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Corn falls after farmers catch up on planting

The Associated Press  |  posted 10 minutes ago
Corn is falling after U.S. farmers planted record amounts of corn last week, easing concern that earlier delays to planting would harm this year's crop.
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NJ's Revel casino exits bankruptcy court

Wayne Parry, Associated Press  |  posted 25 minutes ago
Revel, a brand new but struggling Atlantic City casino, has formally emerged from bankruptcy.
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JPMorgan Directors Glance: How shareholders voted

The Associated Press  |  posted 38 minutes ago
Shareholders at JPMorgan Chase voted to let Jamie Dimon, the chairman and CEO of the nation's largest bank, keep both his jobs Tuesday. Dimon also received strong support to be re-elected to the bank's board of directors.
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United Tech CEO sees stronger economy, airlines

Associated Press  |  posted May 21st - 12:07pm
The chief executive of aerospace giant United Technologies Corp. is optimistic about an improving economy and airline industry.
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Burberry's profit hit by perfume deal's demise

Associated Press  |  posted May 21st - 10:59am
British luxury brand Burberry said Tuesday that rapidly improving business in developing markets was offset by the end of a perfume licensing deal, dragging net profit down 3 percent for the year.
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Herbalife names Pricewaterhouse new auditor

Associated Press  |  posted May 21st - 10:53am
Herbalife Ltd. says it has hired PricewaterhouseCoopers to be its new auditor.
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