May 23
Stocks head lower, market headed for a weekly loss
The stock market is heading lower in midday trading, putting it on track for its first weekly loss in a month.
May 23
News Summary: US mortgage rates up, but still low
RATES RISE: Average U.S. rates on fixed mortgages rose this week to their highest levels since mid-March. Even with the gains, they remained close to historic lows.
May 23
Kerry Kennedy, farmworker protest Wendy's in NYC
Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City.
May 23
Say on pay: Shareholders rarely reject CEO pay
Big U.S. companies are required to offer their shareholders a "say on pay" vote - essentially, a chance to weigh in on whether they think the CEO and other top executives are getting paid too much.
May 23
Gap back in style as 1Q profit jumps 43 percent
After years of struggle, Gap is back in style.
May 23
Between economy and trouble, Obama approval steady
The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.
May 23
Muni bond investors on edge over tax proposal
Municipal bonds continue to provide a reliable refuge from stock market volatility and a steady source of tax-free income.
May 23
McDonald's can't shake criticism about nutrition
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.
May 23
Stocks head lower, market on track for weekly loss
The stock market headed lower in midday trading Friday, putting it on track for its first weekly loss in a month.
May 23
Top 50 highest-paid CEOs
A look at the 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar.
May 23
Stocks fall on Fed, weak Chinese manufacturing
Stocks fell in early trading, extending a sell-off that began Wednesday afternoon, after Chinese manufacturing unexpectedly contracted and on concern that the Federal Reserve may ease back on its stimulus program.
May 23
Sales gains lift Dollar Tree's 1Q profit 15 pct
Discount retailer Dollar Tree Inc. said Thursday that its net income increased 15 percent in the first quarter as consumers spent more at its stores, which sell goods for $1 or less.
May 23
Rue21 agrees to go private in nearly $1B deal
Clothing and accessories company Rue21 has agreed to be taken private in nearly $1 billion deal with private equity firm Apax Partners.
May 23
With great power comes great perks
Here's a look at what companies spent in 2012 on CEOs' country club and business club memberships, private jet travel and home security.
May 23
Ralph Lauren's 4Q profit rises 35 pct
Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.
May 23
Marathon Oil says talks end on possible stake sale
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.
May 23
ECB's Draghi: 'Imperative' to set up new bank body
European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted banks in order to help the region leave its economic and financial crisis behind it once and for all.
May 23
J&J forecasts 10 new drug applications by 2017
Johnson & Johnson says it plans to submit more than 10 new treatments to regulators for approval and 25 applications for additional uses of approved drugs by 2017.
May 23
US equities sell-off goes on; futures slump
The momentum of a late sell-off on Wall Street carried over into a second day, sending U.S. futures and global stock markets into retreat.
May 23
IMF chief Lagarde in court in fraud probe
International Monetary Fund chief Christine Lagarde faced hours of questioning at a special Paris court Thursday over her role in the 400 million euro ($520 million) pay-off to a controversial businessman when she was France's finance minister.
May 22
Fed weighed slowing its pace of bond purchases
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.
May 22
US home sales tick up to highest in 3 1/2 years
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.
May 22
Target's 1Q profit drops 29 pct on weak sales
Target Corp. reported a 29 percent drop in first-quarter profit as unusually cool spring weather and financial pressures chilled customers' appetite for spending.
May 22
Lowe's 1Q profit rises, but results miss Street
Lowe's said Wednesday that its first-quarter net income rose nearly 3 percent, but results fell short of expectations as rainy weather hurt spring gardening sales.
May 22
Tesla uses stock, note sale to repay government
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early.
