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Kennecott lays off 100 more employees

Dennis Romboy  |  posted 8 minutes ago
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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Japan's PM Abe defends policies as markets settle

Associated Press  |  posted 13 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 34 minutes ago
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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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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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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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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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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