Many market analysts had been saying that the Japanese market was due for a correction after running up more than 70% in less than 12 months.

Procter & Gamble's embattled chief executive Bob McDonald is stepping down and will be replaced by predecessor A.G. Lafley after a period of weak performance that disappointed investors.

McDonald's Corp. Chief Executive Don Thompson, presiding over his first annual shareholders meeting since taking the helm of the fast-food chain last summer, defended the company's efforts to market to children.

WASHINGTON - Economic data released on Thursday indicated solid job growth and provided further signs that housing is recovering. The New York Times.

Hundreds of times over five years, an employee of Institutional Shareholder Services Inc. would get an email asking questions like this: �how many & how voted.

Michael Jeffries's penchant for having the male crew on Abercrombie & Fitch's (ANF) corporate jet wear the retailer's boxer briefs, flip-flops, and cologne certainly hasn't hurt the chief executive officer's standing with his board.

Amid anxiety over rising costs from the federal healthcare law, California received better-than-expected insurance rates for a new state-run marketplace, but many consumers still won't be spared from sharply higher premiums.

J. Kyle Bass, whose Hayman Advisors LP made $500 million amid the U.S. subprime crisis, said the Bank of Japan will have to �dramatically� increase bond-buying efforts that have been �overwhelmed� by investors selling.

Christine Lagarde arrives at a court for hearing in Paris yesterday. Photograph: Jacques Brinon/AP. Lara Marlowe. Topics: News · World · Europe · Bernard Tapie · Christine Lagarde; More Topics.

Gap Inc. notched a 43% rise in quarterly earnings as the apparel retailer kept up the momentum of its turnaround. Enlarge Image. image.