Wal-Mart hires Hill & Knowlton executive
Anne D'innocenzio, Associated Press |
posted 4 minutes ago
Wal-Mart Stores Inc. is naming Dan Bartlett, who had been president and CEO of the U.S. arm of global public relations firm Hill & Knowlton, as its new executive vice president of corporate affairs.
Fed weighed slowing its pace of bond purchases
Martin Crutsinger, Associated Press |
posted 15 minutes ago
Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June _ if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains.
Pfizer plans offering to pare Zoetis stake
Linda A. Johnson, Associated Press |
posted 20 minutes ago
Drugmaker Pfizer Inc. plans to try to sell its controlling stake in its former animal health business, Zoetis Inc., through a voluntary stock exchange with Pfizer shareholders.
Target's 1Q profit drops 29 pct on weak sales
Anne D'innocenzio, Associated Press |
posted May 22nd - 11:18am
Target Corp. reported a 29 percent drop in first-quarter profit as unusually cool spring weather and financial pressures chilled customers' appetite for spending.
Bernanke signals Fed to maintain stimulus efforts
Martin Crutsinger, Associated Press |
posted May 22nd - 11:06am
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs.
Weak yen a help for Japan, but headache elsewhere
Elaine Kurtenbach, Associated Press |
posted May 22nd - 11:00am
A steady fall in the value of the yen is proving a godsend for exporters such as Toyota. The cheaper yen is making their products more affordable overseas.
AP PHOTOS: The 10 highest-paid CEOs of 2012
The Associated Press |
posted May 22nd - 10:14am
It pays to be in TV.
Oil falls near $95 on small drop in supplies
Pablo Gorondi, Associated Press |
posted May 22nd - 9:41am
The price of oil fell near $95 a barrel Wednesday as the nation's oil supply fell less than expected and demand for gasoline remained weak.
US auto factories cutting back on summer downtime
Dee-ann Durbin, Associated Press |
posted May 22nd - 9:11am
The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.
US home sales tick up to highest in 3 1/2 years
Christopher S. Rugaber, Associated Press |
posted May 22nd - 9:08am
Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.
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