Former Procter & Gamble CEO Robert McDonald came under pressure to adapt the company to changes in the way consumers shop and tougher global competition.

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.

A 9-year-old girl accused the CEO of McDonald's of targeting kids with food that's not healthy. His response: "We don't sell junk food.

As tougher Country of Origin Labeling (COOL) rules are set to be imposed by USDA, the immediate reaction from the industry is decidedly uncool.

Visa Inc. and MasterCard Inc. are firing back at retail trade groups who oppose a pending $7.25 billion settlement over transaction fees for using credit and debit cards.

Ista Pharmaceuticals Inc., a unit of Bausch & Lomb Inc. that makes medicine to treat eye ailments, agreed to pay $33.5 million to resolve federal claims of misbranding and paying kickbacks related to the drug Xibrom.

China has agreed to give U.S. regulators access to documents from Chinese accounting firms, a breakthrough in a long running effort by the U.S.

NEW YORK - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE.

Shares of the Sears Holdings Corp. closed down nearly 14 percent, to $50.25, Friday after the retailer reported a bigger-than-expected quarterly loss Thursday night.

By Ronald Grover and Greg Roumeliotis. LOS ANGELES/NEW YORK | Fri May 24, 2013 4:19pm EDT. LOS ANGELES/NEW YORK (Reuters) - Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned ...