NEW YORK (AP) - Procter & Gamble shares approached their all-time high on Friday after the world's largest consumer goods maker said current CEO Bob McDonald is retiring and his predecessor A.G.

Orders for U.S. durable goods increased more than forecast in April, indicating the world's largest economy will get a lift in the second half of the year as business investment strengthens.

By Phil Wahba. Fri May 24, 2013 11:12am EDT. (Reuters) - Abercrombie & Fitch Co (ANF.N) on Friday reported a steeper-than-expected drop in first-quarter comparable sales, blaming inventory shortages, and slashed its profit forecast, sending the teen ...

German business confidence increased in May for the first time in three months, adding to signs that growth in Europe's largest economy is gathering pace.

Federal officials have narrowed their probe into the cause of a May 17 derailment and train crash in Connecticut, saying a cracked rail joint in the area where the first train slid off the tracks had been repaired by maintenance workers just last month.

Target Corp. (TGT) and Macy's Inc. (M) joined with 15 other retailers in suing Visa Inc. and MasterCard Inc. (MA) over credit-card and debit-card fees after dropping out of a multibillion-dollar settlement of a similar case.

Leaning in may work for women in the world of tech. But if you're a woman who wants to balance trading and a family, one hedge fund manager says that's not possible.

WASHINGTON�The number of U.S. workers seeking new unemployment benefits fell last week by more than expected, another sign of slow improvement in the labor market.

Toyota has passed BMW in a ranking of the world's most valuable brands. The list was put together by a keeper of such scores called Brandz.

Bonds of Sears Holdings Corp. (SHLD) plunged to less than par after the retailer controlled by hedge-fund manager Edward Lampert reported a $279 million first-quarter loss.